Nestle (Nestle) Tax Rate % : 12.79% (As of Dec. 2023)

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What is Nestle Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nestle's Tax Expense for the six months ended in Dec. 2023 was $908 Mil. Nestle's Pre-Tax Income for the six months ended in Dec. 2023 was $7,098 Mil. Therefore, Nestle's Tax Rate % for the quarter that ended in Dec. 2023 was 12.79%.

Nestle Tax Rate % Historical Data

The historical data trend for Nestle'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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Nestle Tax Rate % Chart

Nestle Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.97

24.17

20.92

24.19

18.22

Nestle Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															26.17	24.24	24.13	23.29	12.79

Nestle Tax Rate % Calculation

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

Nestle'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 )
	=	2675.763	/	14688.945
	=	18.22 %

Nestle'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 )
	=	907.724	/	7097.595
	=	12.79 %

Nestle Tax Rate % Related Terms

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Nestle (Nestle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle SA (OTCPK:NSRGY) » Definitions » Tax Rate %

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Traded in Other Exchanges

NSRGF:USA NESN:Mexico NESNz:UK 0QR4:UK NESM:Germany NESNE:Switzerland NESN:Switzerland

Address

Avenue Nestle 55, Vevey, CHE, CH-1800

Website

https://www.nestle.com

With a 150-year-plus history, Nestle is the largest food and beverage manufacturer in the world by sales, generating more than CHF 90 billion in annual revenue. Its diverse product portfolio includes brands such as Nestle, Nescafe, Perrier, Pure Life, and Purina. Nestle also owns around 20% of French cosmetics firm L'Oreal. The company employs 275,000 people around the world and has a vast portfolio of global products, with more than 30 brands each achieving more than CHF 1 billion in sales annually and a geographic presence that spans almost 190 countries.