Paramount Global (BSP:C1BS34) Tax Rate % : 40.98% (As of Dec. 2023)

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What is Paramount Global Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Paramount Global's Tax Expense for the three months ended in Dec. 2023 was R$367 Mil. Paramount Global's Pre-Tax Income for the three months ended in Dec. 2023 was R$897 Mil. Therefore, Paramount Global's Tax Rate % for the quarter that ended in Dec. 2023 was 40.98%.

Paramount Global Tax Rate % Historical Data

The historical data trend for Paramount Global'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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Paramount Global Tax Rate % Chart

Paramount Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.90

17.00

12.41

17.93

28.81

Paramount Global Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															80.43	26.04	27.22	10.64	40.98

Paramount Global Tax Rate % Calculation

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

Paramount Global'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 )
	=	-1768.828	/	-6139.449
	=	28.81 %

Paramount Global'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 )
	=	367.485	/	896.663
	=	40.98 %

Paramount Global Tax Rate % Related Terms

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Paramount Global (BSP:C1BS34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Paramount Global (BSP:C1BS34) » Definitions » Tax Rate %

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PARAP.PFD:USA PARAA:USA PARA:USA PARA:Peru PARA:Mexico 0HQM:UK 0VVB:Germany PARA:Austria

Address

1515 Broadway, New York, NY, USA, 10036

Website

https://www.paramount.com

Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.

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