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Leonardo DRS (XTAE:DRS) Tax Rate % : 21.62% (As of Mar. 2024)


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What is Leonardo DRS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Leonardo DRS's Tax Expense for the three months ended in Mar. 2024 was ₪30 Mil. Leonardo DRS's Pre-Tax Income for the three months ended in Mar. 2024 was ₪138 Mil. Therefore, Leonardo DRS's Tax Rate % for the quarter that ended in Mar. 2024 was 21.62%.

Leonardo DRS Tax Rate % Historical Data

The historical data trend for Leonardo DRS'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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Leonardo DRS Tax Rate % Chart

Leonardo DRS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 21.05 24.11 23.00 22.86 12.50

Leonardo DRS Quarterly Data
Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.00 -6.06 2.08 22.11 21.62

Leonardo DRS Tax Rate % Calculation

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

Leonardo DRS'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 )
=89.266/714.126
=12.50 %

Leonardo DRS'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 )
=29.755/137.618
=21.62 %

* 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.

Leonardo DRS Tax Rate % Related Terms

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Leonardo DRS (XTAE:DRS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Leonardo DRS Inc (XTAE:DRS) » Definitions » Tax Rate %
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Traded in Other Exchanges
DRS:USA 2VZ:Germany
Address
2345 Crystal Drive, Suite 1000, Arlington, VA, USA, 22202
Website
https://www.leonardodrs.com
Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space and cyber domains. The diverse array of defense systems and solutions is offered to all branches of the U.S. military, aerospace and defense prime contractors, government intelligence agencies and international military customers for deployment on a wide range of military platforms.