Conduent (STU:4C0) Tax Rate % : 22.05% (As of Mar. 2024)

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What is Conduent Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Conduent's Tax Expense for the three months ended in Mar. 2024 was €26 Mil. Conduent's Pre-Tax Income for the three months ended in Mar. 2024 was €117 Mil. Therefore, Conduent's Tax Rate % for the quarter that ended in Mar. 2024 was 22.05%.

Conduent Tax Rate % Historical Data

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

Conduent Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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8.17

15.11

-12.00

-43.31

10.84

Conduent Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															25.00	-	7.67	250.00	22.05

Conduent Tax Rate % Calculation

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

Conduent'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 )
	=	-33.012	/	-304.444
	=	10.84 %

Conduent's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	25.76	/	116.84
	=	22.05 %

Conduent Tax Rate % Related Terms

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Conduent (STU:4C0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Conduent Inc (STU:4C0) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CNDT:USA 4C0:Germany

Address

100 Campus Drive, Suite 200, Florham Park, NJ, USA, 07932

Website

https://www.conduent.com

Conduent Inc acts as a provider of business process services with expertise in transaction-intensive processing, analytics, and automation. The company provides industry-focused service offerings in growth markets such as Healthcare and Transportation as well as provides multi-industry services such as transaction processing, customer care, and payment services. It operates through three segments namely Commercial Industries which is the key revenue-driving segment, Government Services, and Transportation. The group operates its business in the United States, Europe, and Other areas of which the majority of its revenue is generated in the United States.

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