GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diamond Offshore Drilling Inc (NYSE:DO) » Definitions » Tax Rate %

Diamond Offshore Drilling (Diamond Offshore Drilling) Tax Rate % : 609.18% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Diamond Offshore Drilling Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Diamond Offshore Drilling's Tax Expense for the three months ended in Dec. 2023 was $174 Mil. Diamond Offshore Drilling's Pre-Tax Income for the three months ended in Dec. 2023 was $29 Mil. Therefore, Diamond Offshore Drilling's Tax Rate % for the quarter that ended in Dec. 2023 was 609.18%.


Diamond Offshore Drilling Tax Rate % Historical Data

The historical data trend for Diamond Offshore Drilling'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.

Diamond Offshore Drilling Tax Rate % Chart

Diamond Offshore Drilling Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
1.66 - 2.27 -225.77

Diamond Offshore Drilling Quarterly Data
Dec20 Mar21 Sep21 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 -95.85 139.25 5,599.38 -640.63 609.18

Diamond Offshore Drilling Tax Rate % Calculation

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

Diamond Offshore Drilling'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 )
=30.983/-13.723
=-225.77 %

Diamond Offshore Drilling'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 )
=174.317/28.615
=609.18 %

* 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.


Diamond Offshore Drilling Tax Rate % Related Terms

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


Diamond Offshore Drilling (Diamond Offshore Drilling) Business Description

Traded in Other Exchanges
Address
15415 Katy Freeway, Houston, TX, USA, 77094
Diamond Offshore Drilling Inc is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 12 offshore drilling rigs, consisting of eight semisubmersibles and four dynamically positioned drillships.
Executives
Dominic A Savarino officer: VP and Chief Acct/Tax Officer 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrice D Douglas director 1712 CROSSBOW, EDMOND OK 73034
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Ane Launy director 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrick Carey Lowe director 6 CHESTERFIELD GARDENS, 3RD FLOOR, LONDON X0 W1J 5BQ
Adam C Peakes director 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Bernie G. Wolford director, officer: President and CEO 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 770904
Neal P Goldman director 10700 PARKRIDGE BLVD., RESTON VA 20191
John Hollowell director ONE SHELL PLAZA, 910 LOUISIANA STREET, HOUSTON TX 77002
Raj Iyer director 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Peter Mcteague director 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Alan H Howard director
Anatol Feygin director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Scott Lee Kornblau officer: Acting Chief Financial Officer 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Thomas Roth officer: Senior Vice President 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094

Diamond Offshore Drilling (Diamond Offshore Drilling) Headlines