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Oracle (BUE:ORCL) Tax Rate % : 16.20% (As of Feb. 2024)


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What is Oracle Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Oracle's Tax Expense for the three months ended in Feb. 2024 was ARS162,400 Mil. Oracle's Pre-Tax Income for the three months ended in Feb. 2024 was ARS1,002,750 Mil. Therefore, Oracle's Tax Rate % for the quarter that ended in Feb. 2024 was 16.20%.


Oracle Tax Rate % Historical Data

The historical data trend for Oracle'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.

* Premium members only.

Oracle Tax Rate % Chart

Oracle Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.66 15.98 -5.75 12.18 6.83

Oracle Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Premium Member Only 14.52 -6.75 -1.89 7.98 16.20

Oracle Tax Rate % Calculation

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

Oracle's Tax Rate % for the fiscal year that ended in May. 2023 is calculated as

Tax Rate %=Tax Expense (A: May. 2023 )/Pre-Tax Income (A: May. 2023 )
=138561.433/2029713.71
=6.83 %

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

Tax Rate %=Tax Expense (Q: Feb. 2024 )/Pre-Tax Income (Q: Feb. 2024 )
=162399.998/1002749.985
=16.20 %

* 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.


Oracle Tax Rate % Related Terms

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Oracle (BUE:ORCL) Business Description

Address
2300 Oracle Way, Austin, TX, USA, 78741
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.

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