CCHGY (Coca-Cola HBC AG) Tax Rate % : 27.01% (As of Jun. 2024)

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What is Coca-Cola HBC AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coca-Cola HBC AG's Tax Expense for the six months ended in Jun. 2024 was $151 Mil. Coca-Cola HBC AG's Pre-Tax Income for the six months ended in Jun. 2024 was $561 Mil. Therefore, Coca-Cola HBC AG's Tax Rate % for the quarter that ended in Jun. 2024 was 27.01%.

Coca-Cola HBC AG Tax Rate % Historical Data

The historical data trend for Coca-Cola HBC 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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Coca-Cola HBC AG Tax Rate % Chart

Coca-Cola HBC AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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26.19

30.12

25.50

33.35

30.17

Coca-Cola HBC AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															34.98	32.37	27.01	34.52	27.01

Coca-Cola HBC AG Tax Rate % Calculation

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

Coca-Cola HBC 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 )
	=	299.455	/	992.694
	=	30.17 %

Coca-Cola HBC AG's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	151.453	/	560.818
	=	27.01 %

Coca-Cola HBC AG Tax Rate % Related Terms

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Coca-Cola HBC AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola HBC AG (OTCPK:CCHGY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CCHBF:USA EEE:Greece CCHl:UK CCH:UK C0Q:Germany

Address

Turmstrasse 26, Steinhausen, CHE, CH-6312

Website

https://www.coca-colahellenic.com

Coca-Cola HBC is the third-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa and Coca-Cola Europacific Partners. In 2023, CCHBC sold 2.8 billion unit cases of beverages. For context, Coke's largest bottler, Coke Femsa, sold 4 billion unit cases in Latin America, and the second-largest—CCEP, serving Europe, Southeast Asia, and the South Pacific region—sold 3.3 billion unit cases. There is a long tail of Coca-Cola distributors, including brewers and independent operators with very small distribution territories.CCHBC is listed on the London Stock Exchange. Kar-Tess, a Luxembourg-based holding company, owns 23% of the equity of CCHBC, and Coca-Cola holds a further 21%. The remaining 56% is free float.