Prysmian SpA (MIL:PRY) Tax Rate % : 26.79% (As of Dec. 2023)

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What is Prysmian SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Prysmian SpA's Tax Expense for the three months ended in Dec. 2023 was €-15 Mil. Prysmian SpA's Pre-Tax Income for the three months ended in Dec. 2023 was €-56 Mil. Therefore, Prysmian SpA's Tax Rate % for the quarter that ended in Dec. 2023 was 26.79%.

Prysmian SpA Tax Rate % Historical Data

The historical data trend for Prysmian 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.

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Prysmian SpA Tax Rate % Chart

Prysmian SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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33.33

30.95

34.87

31.12

28.40

Prysmian 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															38.84	31.00	27.33	26.47	26.79

Prysmian SpA Tax Rate % Calculation

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

Prysmian SpA'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 )
	=	217	/	764
	=	28.40 %

Prysmian SpA'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 )
	=	-15	/	-56
	=	26.79 %

Prysmian SpA Tax Rate % Related Terms

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Prysmian SpA (MIL:PRY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Prysmian SpA (MIL:PRY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PRYMY:USA PRYMF:USA PRYm:UK 0NUX:UK AEU:Germany PRY:Austria

Address

Via Chiese 6, MIlan, ITA, 20126

Website

https://www.prysmiangroup.com

Prysmian SpA is an Italian manufacturer of electric power transmission and telecommunications cables and systems. Its business is organized in three segments--Projects, which focuses on the execution of underground and submarine cable projects; Energy Products, which provides power distribution, and industrial and network components; and Telecom, which makes cable systems and connectivity products. More than half of the firm's revenue is generated in the Europe, Middle East, and Africa regions, with the rest coming from North America, Latin America, and Asia-Pacific regions.