Safran (Safran) Tax Rate % : 27.97% (As of Dec. 2023)

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What is Safran Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Safran's Tax Expense for the six months ended in Dec. 2023 was $684 Mil. Safran's Pre-Tax Income for the six months ended in Dec. 2023 was $2,445 Mil. Therefore, Safran's Tax Rate % for the quarter that ended in Dec. 2023 was 27.97%.

Safran Tax Rate % Historical Data

The historical data trend for Safran'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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Safran Tax Rate % Chart

Safran Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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27.69

32.28

74.63

22.24

25.99

Safran 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															10.55	25.51	30.84	24.22	27.97

Safran Tax Rate % Calculation

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

Safran'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 )
	=	1347.874	/	5186.478
	=	25.99 %

Safran'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 )
	=	683.751	/	2444.929
	=	27.97 %

Safran Tax Rate % Related Terms

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Safran (Safran) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Safran SA (OTCPK:SAFRY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SAFRF:USA SAFp:UK 0IU8:UK SAF:France SEJU:Germany

Address

2, boulevard du General-Martial-Valin, Paris, FRA, 75015

Website

https://www.safran-group.com

Safran is a key player in the global commercial and military aerospace propulsion and equipment sectors. The group has three reportable segments: aerospace propulsion (commercial and military aircraft engines and spare parts); aircraft equipment, defense, and aerosystems (diversified business supplying components ranging from landing gear to avionics); and aircraft interiors (seats, cabins, and in-flight entertainment systems). Safran is a partner to the CFM joint venture with GE Aviation, which produces narrow-body engines.