Worley (Worley) Tax Rate % : 41.71% (As of Dec. 2023)

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What is Worley Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Worley's Tax Expense for the six months ended in Dec. 2023 was $52 Mil. Worley's Pre-Tax Income for the six months ended in Dec. 2023 was $125 Mil. Therefore, Worley's Tax Rate % for the quarter that ended in Dec. 2023 was 41.71%.

Worley Tax Rate % Historical Data

The historical data trend for Worley's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Worley Tax Rate % Chart

Worley Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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33.06

29.59

42.96

39.80

68.49

Worley Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															36.51	42.26	-29.73	35.45	41.71

Worley Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Worley's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	67.114	/	97.987
	=	68.49 %

Worley's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	52.209	/	125.167
	=	41.71 %

Worley Tax Rate % Related Terms

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Worley (Worley) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Worley Ltd (OTCPK:WYGPF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

WYGPY:USA WOR:Australia

Address

141 Walker Street, Level 17, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.worley.com

Worley is a leading global provider of professional services, such as engineering, procurement, and construction management, to the oil, gas, mining, power, and infrastructure sectors. Purchase of Jacobs ECR in April 2019 reduced revenue contribution from hydrocarbons to just over 50%, from a prior 75%-80% position. Metals and mining contributes 23% and infrastructure and chemicals the balance. Worley has a global presence with about 59,000 staff in more than 50 countries. It has a strong presence in many developing economies, including Africa.