Kloeckner SE (STU:KCO) Tax Rate % : 25.08% (As of Mar. 2024)

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What is Kloeckner SE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kloeckner SE's Tax Expense for the three months ended in Mar. 2024 was €-3 Mil. Kloeckner SE's Pre-Tax Income for the three months ended in Mar. 2024 was €-11 Mil. Therefore, Kloeckner SE's Tax Rate % for the quarter that ended in Mar. 2024 was 25.08%.

Kloeckner SE Tax Rate % Historical Data

The historical data trend for Kloeckner SE'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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Kloeckner SE Tax Rate % Chart

Kloeckner SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-40.61

7.64

15.85

21.10

101.68

Kloeckner SE 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															29.98	48.84	-31.86	628.52	25.08

Kloeckner SE Tax Rate % Calculation

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

Kloeckner SE'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 )
	=	16.325	/	16.055
	=	101.68 %

Kloeckner SE'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 )
	=	-2.716	/	-10.83
	=	25.08 %

Kloeckner SE Tax Rate % Related Terms

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Kloeckner SE (STU:KCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kloeckner & Co SE (STU:KCO) » Definitions » Tax Rate %

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0KVR:UK KCO:Germany KCO:Austria

Address

Am Silberpalais 1, Duisburg, DEU, 47057

Website

https://www.kloeckner.com

Kloeckner & Co SE is a German-based steel and metal distributor, as well as an operator of steel service centers. It acts as a connecting link between steel producers and consumers. It provides customers with an optimized, end-to-end solution from procurement through logistics to prefabrication, including individual delivery and 24-hour service. It caters to industries like construction, consumer goods, metal transforming, transportation, machinery manufacturing, mechanical engineering, and others. The company has three operating segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU.

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