Bayer AG (WBO:BAYN) Tax Rate % : 18.37% (As of Dec. 2023)

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What is Bayer AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bayer AG's Tax Expense for the three months ended in Dec. 2023 was €302 Mil. Bayer AG's Pre-Tax Income for the three months ended in Dec. 2023 was €1,644 Mil. Therefore, Bayer AG's Tax Rate % for the quarter that ended in Dec. 2023 was 18.37%.

Bayer AG Tax Rate % Historical Data

The historical data trend for Bayer 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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Bayer AG Tax Rate % Chart

Bayer AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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15.53

9.79

50.05

10.79

-81.49

Bayer 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															30.00	16.27	-20.01	-6.52	18.37

Bayer AG Tax Rate % Calculation

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

Bayer 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 )
	=	1321	/	-1621
	=	-81.49 %

Bayer 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 )
	=	302	/	1644
	=	18.37 %

Bayer AG Tax Rate % Related Terms

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Bayer AG (WBO:BAYN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bayer AG (WBO:BAYN) » Definitions » Tax Rate %

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Traded in Other Exchanges

BAYZF:USA BAYRY:USA BAYN:Romania BAY:Poland BAYN:Mexico BAY:Italy BAYER:Hungary 0P6S:UK BAYNd:UK BAYN:Germany

Address

Kaiser-Wilhelm-Allee 1, Leverkusen, NW, DEU, 51368

Website

https://www.bayer.com

Bayer is a German healthcare and agriculture conglomerate. Healthcare provides close to half of the company's sales and includes pharmaceutical drugs as well as vitamins and other consumer healthcare products. The firm also has a crop science business that includes seeds, pesticides, herbicides, and fungicides, which was expanded through the acquisition of Monsanto.

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