Adient (FRA:18I) Tax Rate % : -19.51% (As of Mar. 2024)

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What is Adient Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Adient's Tax Expense for the three months ended in Mar. 2024 was €7 Mil. Adient's Pre-Tax Income for the three months ended in Mar. 2024 was €-38 Mil. Therefore, Adient's Tax Rate % for the quarter that ended in Mar. 2024 was -19.51%.

Adient Tax Rate % Historical Data

The historical data trend for Adient'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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Adient Tax Rate % Chart

Adient Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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20,500.00

-13.29

17.30

174.07

Adient 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															71.43	22.76	-115.07	30.77	-19.51

Adient Tax Rate % Calculation

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

Adient's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	0	/	276.415
	=	0.00 %

Adient'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 )
	=	7.36	/	-37.72
	=	-19.51 %

Adient Tax Rate % Related Terms

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Adient (FRA:18I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Adient PLC (FRA:18I) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ADNT:USA

Address

3 Dublin Landings, North Wall Quay, IFSC, Dublin 1, Dublin, IRL, D01 H104

Website

https://www.adient.com

Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment into this new company. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated seating revenue from joint ventures after factoring in the sale was about $3.8 billion in fiscal 2023 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2023 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $15.4 billion.

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