GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cathay Pacific Airways Ltd (OTCPK:CPCAF) » Definitions » Tax Rate %

CPCAF (Cathay Pacific Airways) Tax Rate % : 14.81% (As of Jun. 2024)


View and export this data going back to . Start your Free Trial

What is Cathay Pacific Airways Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cathay Pacific Airways's Tax Expense for the six months ended in Jun. 2024 was $80 Mil. Cathay Pacific Airways's Pre-Tax Income for the six months ended in Jun. 2024 was $543 Mil. Therefore, Cathay Pacific Airways's Tax Rate % for the quarter that ended in Jun. 2024 was 14.81%.

Cathay Pacific Airways Tax Rate % Historical Data

The historical data trend for Cathay Pacific Airways'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.

Cathay Pacific Airways Tax Rate % Chart

Cathay Pacific Airways 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 21.17 3.02 8.77 -8.29 9.84

Cathay Pacific Airways 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 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 6.53 -111.60 9.33 10.23 14.81

Cathay Pacific Airways Tax Rate % Calculation

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

Cathay Pacific Airways'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 )
=136.751/1390.304
=9.84 %

Cathay Pacific Airways'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 )
=80.41/543.022
=14.81 %

* 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.

Cathay Pacific Airways Tax Rate % Related Terms

Thank you for viewing the detailed overview of Cathay Pacific Airways's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Cathay Pacific Airways Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cathay Pacific Airways Ltd (OTCPK:CPCAF) » Definitions » Tax Rate %
Comparable Companies
TSE:2469 TSE:6794 TSE:6810 TSE:7744 TSE:6927 TSE:5906 TSE:8144 DAL UAL DUB:RYA LUV NSE:INDIGO SHSE:601111 LSE:IAG SHSE:600029 SGX:C6L IST:THYAO SHSE:600115 SHSE:600221 AAL
Traded in Other Exchanges
CPCAY:USA 00293:Hong Kong CTYA:Germany CTYA:Germany CTY:Germany
Address
88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG
Website
https://www.cathaypacific.com
Cathay Pacific is the largest airline group in Hong Kong. It operated a fleet of 231 aircraft and flies to over 80 destinations as of June 2024. Cathay carried more than 35 million passengers in prepandemic 2019. The group operates the full-service airline Cathay Pacific and the low-cost carrier HK Express. It also runs the cargo carrier Air Hong Kong.