Trinseo (FRA:3XD) Tax Rate % : -7.70% (As of Mar. 2024)

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What is Trinseo Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Trinseo's Tax Expense for the three months ended in Mar. 2024 was €5 Mil. Trinseo's Pre-Tax Income for the three months ended in Mar. 2024 was €-64 Mil. Therefore, Trinseo's Tax Rate % for the quarter that ended in Mar. 2024 was -7.70%.

Trinseo Tax Rate % Historical Data

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

Trinseo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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12.73

40.51

20.23

8.86

-10.81

Trinseo 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															25.46	6.71	31.55	-93.29	-7.70

Trinseo Tax Rate % Calculation

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

Trinseo'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 )
	=	62.723	/	-580.369
	=	-10.81 %

Trinseo'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 )
	=	4.968	/	-64.492
	=	-7.70 %

Trinseo Tax Rate % Related Terms

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Trinseo (FRA:3XD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Trinseo PLC (FRA:3XD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TSE:USA TR5:Germany

Address

440 East Swedesford Road, Suite 301, Wayne, PA, USA, 19312

Website

https://www.trinseo.com

Trinseo PLC is a leading global materials company and manufacturer of latex and plastics products. The company's operating segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and base plastics. The company is a global leader in styrene-butadiene latex and holds a strong market position in Europe and North America. Base plastics is the business line with the highest net sales and contains compounds and blends for automotive and other applications. Europe accounts for the highest net sales by geography and building and construction/sheet accounts for the highest net sales by end market.

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