Draegerwerk AG KGaA (Draegerwerk AG KGaA) Tax Rate % : 19.36% (As of Dec. 2023)

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What is Draegerwerk AG KGaA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Draegerwerk AG KGaA's Tax Expense for the three months ended in Dec. 2023 was $17 Mil. Draegerwerk AG KGaA's Pre-Tax Income for the three months ended in Dec. 2023 was $88 Mil. Therefore, Draegerwerk AG KGaA's Tax Rate % for the quarter that ended in Dec. 2023 was 19.36%.

Draegerwerk AG KGaA Tax Rate % Historical Data

The historical data trend for Draegerwerk AG KGaA'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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Draegerwerk AG KGaA Tax Rate % Chart

Draegerwerk AG KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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31.77

30.62

34.81

37.86

20.75

Draegerwerk AG KGaA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															17.32	29.44	13.58	20.53	19.36

Draegerwerk AG KGaA Tax Rate % Calculation

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

Draegerwerk AG KGaA'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 )
	=	31.981	/	154.111
	=	20.75 %

Draegerwerk AG KGaA'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 )
	=	16.98	/	87.695
	=	19.36 %

Draegerwerk AG KGaA Tax Rate % Related Terms

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Draegerwerk AG KGaA (Draegerwerk AG KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Draegerwerk AG & Co KGaA (OTCPK:DRWKF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

DGWPF:USA 0K5E:UK DRW3:Germany DRW3:Austria

Address

Moislinger Allee 53–55, Lubeck, DEU, 23542

Website

https://www.draeger.com

Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two divisions: medical and safety. The medical division contributes the majority of revenue. The company develops and produce system solutions, equipment, and services for the acute point of care. The five business units are Therapy (anesthesia devices and ventilators, as well as thermoregulation equipment), Hospital Consumables & Accessories (consumables and accessories), Workplace Infrastructure (supply units, lights, gas management systems), Monitoring (patient monitoring), and Data Business (software applications, system products, and new services). Draegerwerk's geographical segments are Europe; Americas; and Africa, Asia, and Australia.

Draegerwerk AG KGaA (Draegerwerk AG KGaA) Headlines

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