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GEA Group AG (CHIX:G1AD) Tax Rate % : 24.66% (As of Mar. 2024)


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What is GEA Group AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GEA Group AG's Tax Expense for the three months ended in Mar. 2024 was €29 Mil. GEA Group AG's Pre-Tax Income for the three months ended in Mar. 2024 was €118 Mil. Therefore, GEA Group AG's Tax Rate % for the quarter that ended in Mar. 2024 was 24.66%.

GEA Group AG Tax Rate % Historical Data

The historical data trend for GEA Group 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.

* Premium members only.

GEA Group AG Tax Rate % Chart

GEA Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.62 45.21 16.34 16.04 18.85

GEA Group AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.84 23.36 23.01 3.78 24.66

GEA Group AG Tax Rate % Calculation

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

GEA Group 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 )
=94.012/498.608
=18.85 %

GEA Group 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 )
=29.088/117.96
=24.66 %

* 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.

GEA Group AG Tax Rate % Related Terms

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GEA Group AG (CHIX:G1AD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GEA Group AG (CHIX:G1Ad) » Definitions » Tax Rate %
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Traded in Other Exchanges
GEAGF:USA G1A:Mexico 1G:Italy 0MPJ:UK G1A:Germany
Address
Peter-Muller-Strasse 12, Dusseldorf, DEU, 40468
Website
https://www.gea.com
GEA Group is one of the world's largest suppliers of processing systems and equipment for the food, beverage, and pharmaceutical industries. Across its five divisions, GEA designs and manufactures process engineering equipment and offers turnkey solutions for customers' processing lines or product(s). GEA also offers a comprehensive aftermarket offering spanning maintenance services and spare parts and components.

GEA Group AG (CHIX:G1AD) Headlines

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