Schindler Holding AG (XSWX:SCHP) Tax Rate %

: 21.62% (As of Mar. 2024)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Schindler Holding AG's Tax Expense for the three months ended in Mar. 2024 was CHF64 Mil. Schindler Holding AG's Pre-Tax Income for the three months ended in Mar. 2024 was CHF296 Mil. Therefore, Schindler Holding AG's Tax Rate % for the quarter that ended in Mar. 2024 was 21.62%.

Schindler Holding AG Tax Rate % Historical Data

The historical data trend for Schindler Holding 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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Schindler Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.65

22.05

21.62

22.74

20.43

Schindler Holding AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															21.93	22.63	22.05	-	21.62

Schindler Holding AG Tax Rate % Calculation

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

Schindler Holding 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 )
	=	240	/	1175
	=	20.43 %

Schindler Holding AG's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	64	/	296
	=	21.62 %

Schindler Holding AG Tax Rate % Related Terms

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Schindler Holding AG (XSWX:SCHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schindler Holding AG (XSWX:SCHP) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SHLRF:USA SHLAF:USA SCHP:Mexico SCHNz:UK SCHPz:UK 0QO1:UK SCHN:Switzerland

Address

Seestrasse 55, Hergiswil, CHE, 6052

Website

https://www.schindler.com

Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.