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Technip Energies NV (CHIX:TEP) Tax Rate % : 27.55% (As of Dec. 2023)


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What is Technip Energies NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Technip Energies NV's Tax Expense for the six months ended in Dec. 2023 was €76 Mil. Technip Energies NV's Pre-Tax Income for the six months ended in Dec. 2023 was €276 Mil. Therefore, Technip Energies NV's Tax Rate % for the quarter that ended in Dec. 2023 was 27.55%.

Technip Energies NV Tax Rate % Historical Data

The historical data trend for Technip Energies NV'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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Technip Energies NV Tax Rate % Chart

Technip Energies NV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 54.73 34.00 32.71 28.88 29.75

Technip Energies NV Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.85 34.09 25.16 32.58 27.55

Technip Energies NV Tax Rate % Calculation

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

Technip Energies NV's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=145.5/489.1
=29.75 %

Technip Energies NV'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 )
=75.9/275.5
=27.55 %

* 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.

Technip Energies NV Tax Rate % Related Terms

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Technip Energies NV (CHIX:TEP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Technip Energies NV (CHIX:TEp) » Definitions » Tax Rate %
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Traded in Other Exchanges
THNPY:USA THNPF:USA TE:France 68F:Germany
Address
2126 boulevard de la Defense, CS 10266, Nanterre, Cedex, FRA, 92741
Website
https://www.technipenergies.com
Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products and services on energy infrastructure both onshore and offshore. Substantial revenue is derived from the Project Delivery segment.