Siemens Gamesa Renewable Energy (Siemens Gamesa Renewable Energy) Tax Rate % : 2.32% (As of Dec. 2022)

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What is Siemens Gamesa Renewable Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Siemens Gamesa Renewable Energy's Tax Expense for the three months ended in Dec. 2022 was $-22 Mil. Siemens Gamesa Renewable Energy's Pre-Tax Income for the three months ended in Dec. 2022 was $-959 Mil. Therefore, Siemens Gamesa Renewable Energy's Tax Rate % for the quarter that ended in Dec. 2022 was 2.32%.

Siemens Gamesa Renewable Energy Tax Rate % Historical Data

The historical data trend for Siemens Gamesa Renewable Energy'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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Siemens Gamesa Renewable Energy Tax Rate % Chart

Siemens Gamesa Renewable Energy Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Sep18

Sep19

Sep20

Sep21

Sep22

Tax Rate %

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58.32

25.99

9.79

-13.09

-2.76

Siemens Gamesa Renewable Energy Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Tax Rate %	Get a 7-Day Free Trial															-5.77	-3.13	1.11	-0.97	2.32

Siemens Gamesa Renewable Energy Tax Rate % Calculation

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

Siemens Gamesa Renewable Energy's Tax Rate % for the fiscal year that ended in Sep. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2022 )	/	Pre-Tax Income (A: Sep. 2022 )
	=	24.997	/	-904.965
	=	-2.76 %

Siemens Gamesa Renewable Energy's Tax Rate % for the quarter that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2022 )	/	Pre-Tax Income (Q: Dec. 2022 )
	=	-22.246	/	-958.686
	=	2.32 %

Siemens Gamesa Renewable Energy Tax Rate % Related Terms

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Siemens Gamesa Renewable Energy (Siemens Gamesa Renewable Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens Gamesa Renewable Energy SA (OTCPK:GCTAY) » Definitions » Tax Rate %

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Address

Parque Tecnologico de Bizkaia, Building 222, Vizcaya, Zamudio, ESP, 48170

Website

https://www.siemensgamesa.com

Siemens Gamesa is a leading manufacturer of onshore and offshore wind turbines. The company is the product of the merger between Siemens Wind Power and Gamesa in 2017. The firm operates in two business segments: wind turbines and services. Siemens Gamesa retained its position as the leading installer of offshore turbines in 2020. Siemens Energy (a recent spinoff from Siemens AG) has announced the takeover and delisting of Siemens Gamesa.