Krones AG (Krones AG) Tax Rate % : 34.95% (As of Dec. 2023)

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What is Krones AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Krones AG's Tax Expense for the three months ended in Dec. 2023 was $29 Mil. Krones AG's Pre-Tax Income for the three months ended in Dec. 2023 was $82 Mil. Therefore, Krones AG's Tax Rate % for the quarter that ended in Dec. 2023 was 34.95%.

Krones AG Tax Rate % Historical Data

The historical data trend for Krones AG'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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Krones AG Tax Rate % Chart

Krones AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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77.86

-117.65

20.24

22.71

27.68

Krones AG 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															10.21	23.49	25.86	26.92	34.95

Krones AG Tax Rate % Calculation

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

Krones AG'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 )
	=	93.725	/	338.6
	=	27.68 %

Krones AG'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 )
	=	28.622	/	81.893
	=	34.95 %

Krones AG Tax Rate % Related Terms

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Krones AG (Krones AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Krones AG (OTCPK:KRNTY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

KRNd:UK 0LQ4:UK KRN:Germany

Address

Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073

Website

https://www.krones.com

Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (Krones AG) Headlines

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