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Qantas Airways (ASX:QAN) Tax Rate % : 40.22% (As of Jun. 2024)


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What is Qantas Airways Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Qantas Airways's Tax Expense for the six months ended in Jun. 2024 was A$257 Mil. Qantas Airways's Pre-Tax Income for the six months ended in Jun. 2024 was A$639 Mil. Therefore, Qantas Airways's Tax Rate % for the quarter that ended in Jun. 2024 was 40.22%.

Qantas Airways Tax Rate % Historical Data

The historical data trend for Qantas Airways'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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Qantas Airways Tax Rate % Chart

Qantas Airways Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.47 26.50 27.79 29.45 33.60

Qantas Airways Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.00 30.24 28.35 30.20 40.22

Qantas Airways Tax Rate % Calculation

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

Qantas Airways's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=633/1884
=33.60 %

Qantas Airways's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=257/639
=40.22 %

* 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.

Qantas Airways Tax Rate % Related Terms

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Qantas Airways Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Qantas Airways Ltd (ASX:QAN) » Definitions » Tax Rate %
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ASX:HMC ASX:HPI ASX:CNI ASX:FPP ASX:APW ASX:WOT DAL UAL DUB:RYA NSE:INDIGO LUV SGX:C6L SHSE:601111 LSE:IAG SHSE:600029 IST:THYAO SHSE:600115 TSE:9202 XTER:LHA AAL
Traded in Other Exchanges
QUBSF:USA QABSY:USA QAN:Germany QAN:Germany
Address
10 Bourke Road, Mascot, Sydney, NSW, AUS, 2020
Website
https://www.qantas.com
Qantas Airways is Australia's largest domestic airline with typically a two thirds market share, effectively competing in a duopoly with Virgin. The company operates a multibrand strategy, with low-cost carrier Jetstar complementing the full-service Qantas brand. Its frequent-flyer loyalty program continues to expand with new partnerships, which are integral to retaining customer loyalty for its core airline business.

Qantas Airways Headlines

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