MTU Aero Engines AG (MTU Aero Engines AG) Tax Rate % : 37.74% (As of Dec. 2023)

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What is MTU Aero Engines AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MTU Aero Engines AG's Tax Expense for the six months ended in Dec. 2023 was $-233 Mil. MTU Aero Engines AG's Pre-Tax Income for the six months ended in Dec. 2023 was $-618 Mil. Therefore, MTU Aero Engines AG's Tax Rate % for the quarter that ended in Dec. 2023 was 37.74%.

MTU Aero Engines AG Tax Rate % Historical Data

The historical data trend for MTU Aero Engines AG'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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MTU Aero Engines AG Tax Rate % Chart

MTU Aero Engines AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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26.69

24.62

26.67

28.08

52.68

MTU Aero Engines AG 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															24.26	27.71	28.28	29.28	37.74

MTU Aero Engines AG Tax Rate % Calculation

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

MTU Aero Engines AG'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 )
	=	-117.775	/	-223.555
	=	52.68 %

MTU Aero Engines AG'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 )
	=	-233.37	/	-618.321
	=	37.74 %

MTU Aero Engines AG Tax Rate % Related Terms

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MTU Aero Engines AG (MTU Aero Engines AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MTU Aero Engines AG (OTCPK:MTUAY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MTUAF:USA 1MTX:Italy MTXd:UK 0FC9:UK MTX:Germany MTX:Austria

Address

Dachauer Strasse 665, Munich, BY, DEU, 80995

Website

https://www.mtu.de

MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.

MTU Aero Engines AG (MTU Aero Engines AG) Headlines

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