ConvaTec Group (FRA:2CV) Tax Rate % : 21.56% (As of Dec. 2024)

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What is ConvaTec Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ConvaTec Group's Tax Expense for the six months ended in Dec. 2024 was €29 Mil. ConvaTec Group's Pre-Tax Income for the six months ended in Dec. 2024 was €136 Mil. Therefore, ConvaTec Group's Tax Rate % for the quarter that ended in Dec. 2024 was 21.56%.

ConvaTec Group Tax Rate % Historical Data

The historical data trend for ConvaTec Group'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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ConvaTec Group Tax Rate % Chart

ConvaTec Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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35.60

22.27

23.20

22.16

22.77

ConvaTec Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Tax Rate %	Get a 7-Day Free Trial															59.22	26.71	18.38	24.42	21.56

ConvaTec Group Tax Rate % Calculation

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

ConvaTec Group's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	53.48	/	234.835
	=	22.77 %

ConvaTec Group's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	29.223	/	135.515
	=	21.56 %

ConvaTec Group Tax Rate % Related Terms

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ConvaTec Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ConvaTec Group PLC (FRA:2CV) » Definitions » Tax Rate %

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Address

20 Eastbourne Terrace, 7th Floor, Paddington, London, GBR, W2 6LG

Website

https://www.convatecgroup.com

Originally spun out of Bristol-Myers Squibb, ConvaTec designs, manufactures, and markets advanced wound care, ostomy, continence care, and infusion sets for the acute-care hospital and chronic-care home settings. Advanced wound care and ostomy supplies are the largest divisions, accounting for 33% and 28% of total revenue, respectively. Continence care has become a slightly smaller business (21% of revenue) following the decision to exit the acute care market, and infusion sets contribute 18% of consolidated revenue.

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