ADDHY (Addtech AB) Tax Rate % : 22.43% (As of Sep. 2024)

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What is Addtech AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Addtech AB's Tax Expense for the three months ended in Sep. 2024 was $13 Mil. Addtech AB's Pre-Tax Income for the three months ended in Sep. 2024 was $56 Mil. Therefore, Addtech AB's Tax Rate % for the quarter that ended in Sep. 2024 was 22.43%.

Addtech AB Tax Rate % Historical Data

The historical data trend for Addtech AB'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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Addtech AB Tax Rate % Chart

Addtech AB Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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21.00

22.20

22.05

22.49

22.54

Addtech AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															22.80	22.29	22.11	23.14	22.43

Addtech AB Tax Rate % Calculation

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

Addtech AB's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	47.256	/	209.676
	=	22.54 %

Addtech AB's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	12.611	/	56.213
	=	22.43 %

Addtech AB Tax Rate % Related Terms

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Addtech AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Addtech AB (OTCPK:ADDHY) » Definitions » Tax Rate %

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ADDT B:Sweden ADDTBs:UK 0QI7:UK AZZ2:Germany

Address

Birger Jarlsgatan 43, Box 5112, Stockholm, SWE, SE-102 43

Website

https://www.addtech.com

Addtech AB is a group of businesses offering high-tech products and solutions to customers in the manufacturing and infrastructure sectors. The company's segment includes Automation; Electrification; Energy; Industrial Solutions and Process Technology. It generates maximum revenue from the Energy segment. Energy produces and sells products for electricity transmission, electrical installation, and safety products in transport. Geographically, the company derives maximum revenue from Sweden, and the rest from Denmark, Finland, Norway, the Rest of Europe, and other countries.