Honda Motor Co (Honda Motor Co) Tax Rate %

: 29.71% (As of Dec. 2023)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Honda Motor Co's Tax Expense for the three months ended in Dec. 2023 was $795 Mil. Honda Motor Co's Pre-Tax Income for the three months ended in Dec. 2023 was $2,676 Mil. Therefore, Honda Motor Co's Tax Rate % for the quarter that ended in Dec. 2023 was 29.71%.

Honda Motor Co Tax Rate % Historical Data

The historical data trend for Honda Motor Co'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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Honda Motor Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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30.95

35.44

23.92

28.92

18.45

Honda Motor Co 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															22.82	-313.29	25.63	25.63	29.71

Honda Motor Co Tax Rate % Calculation

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

Honda Motor Co'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 )
	=	1213.907	/	6580.403
	=	18.45 %

Honda Motor Co'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 )
	=	795.054	/	2675.615
	=	29.71 %

Honda Motor Co Tax Rate % Related Terms

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Honda Motor Co (Honda Motor Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Honda Motor Co Ltd (NYSE:HMC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

HNDAF:USA HMC:Mexico 7267:Japan HDM:Germany HOND34:Brazil HMC:Argentina

Address

Number 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8556

Website

https://global.honda

Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Including joint ventures, Honda sold 22.4 million cars and motorcycles in fiscal 2023 (3.7 million of which were autos), and consolidated sales were JPY 16.9 trillion. Automobiles constitute 63% of revenue and motorcycles 17%, with the rest split between power products and financial services. Honda also makes robots and private jets.