GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CAE Inc (NYSE:CAE) » Definitions » Tax Rate %

CAE (CAE) Tax Rate % : 11.85% (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is CAE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CAE's Tax Expense for the three months ended in Dec. 2023 was $6 Mil. CAE's Pre-Tax Income for the three months ended in Dec. 2023 was $52 Mil. Therefore, CAE's Tax Rate % for the quarter that ended in Dec. 2023 was 11.85%.

CAE Tax Rate % Historical Data

The historical data trend for CAE'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.

CAE Tax Rate % Chart

CAE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.91 18.79 45.53 2.34 21.73

CAE 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 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 17.48 24.73 10.79 -16.16 11.85

CAE Tax Rate % Calculation

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

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

Tax Rate %=Tax Expense (A: Mar. 2023 )/Pre-Tax Income (A: Mar. 2023 )
=47.066/216.546
=21.73 %

CAE'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 )
=6.112/51.58
=11.85 %

* 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.

CAE Tax Rate % Related Terms

Thank you for viewing the detailed overview of CAE's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

CAE (CAE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CAE Inc (NYSE:CAE) » Definitions » Tax Rate %
Comparable Companies
TSX:BBD.B TSX:MDA TSX:HRX TSX:MAL TSX:FTG NEOE:MAXQ TSXV:FLY TSXV:VOL XCNQ:DPRO XCNQ:SNA XPAR:AIR RTX BA LMT XPAR:SAF GD NOC TDG LSE:BA. LSE:RR.
Traded in Other Exchanges
CE9:Germany CAE:Canada
Address
8585 Cote de Liesse, Saint-Laurent, QC, CAN, H4T 1G6
Website
https://www.cae.com
CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company's training solutions are provided through products and services. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations. Roughly one-third of sales are from the United States, with the remainder split among several other nations.