GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Leonardo SpA (OTCPK:FINMY) » Definitions » Tax Rate %

Leonardo SpA (Leonardo SpA) Tax Rate % : 3.13% (As of Sep. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Leonardo SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Leonardo SpA's Tax Expense for the three months ended in Sep. 2023 was $3 Mil. Leonardo SpA's Pre-Tax Income for the three months ended in Sep. 2023 was $102 Mil. Therefore, Leonardo SpA's Tax Rate % for the quarter that ended in Sep. 2023 was 3.13%.


Leonardo SpA Tax Rate % Historical Data

The historical data trend for Leonardo SpA'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.

Leonardo SpA Tax Rate % Chart

Leonardo SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.92 4.74 22.05 5.19 15.66

Leonardo SpA 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 -3.42 23.08 26.96 3.13 11.66

Leonardo SpA Tax Rate % Calculation

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

Leonardo SpA's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=54.025/1041.314
=5.19 %

Leonardo SpA's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=3.202/102.455
=3.13 %

* 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 SpA Tax Rate % Related Terms

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


Leonardo SpA (Leonardo SpA) Business Description

Address
Piazza Monte Grappa 4, Rome, ITA, 00195
Leonardo is one of the largest European defense firms, with 30% of its shares owned by the Italian government. The group's divisions include helicopters; defense, electronics, and security systems; and aeronautics. The helicopter division serves both military and civil markets through AgustaWestland. DES has access to the U.S. defense market through the DRS subsidiary. The aeronautics division cooperates in international programs, such as Eurofighter Typhoon, F-35, and the new Tempest, and supplies aerostructures to large commercial aircraft programs.