Troax Group AB (FRA:5TOA) Tax Rate % : 19.61% (As of Dec. 2024)

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What is Troax Group AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Troax Group AB's Tax Expense for the three months ended in Dec. 2024 was €2.0 Mil. Troax Group AB's Pre-Tax Income for the three months ended in Dec. 2024 was €10.2 Mil. Therefore, Troax Group AB's Tax Rate % for the quarter that ended in Dec. 2024 was 19.61%.

Troax Group AB Tax Rate % Historical Data

The historical data trend for Troax Group AB'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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Troax Group AB Tax Rate % Chart

Troax Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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22.80

22.57

23.67

24.47

23.28

Troax Group AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															27.05	24.72	24.24	24.58	19.61

Troax Group AB Tax Rate % Calculation

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

Troax Group AB'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 )
	=	9.5	/	40.8
	=	23.28 %

Troax Group AB'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 )
	=	2	/	10.2
	=	19.61 %

Troax Group AB Tax Rate % Related Terms

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Troax Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Troax Group AB (FRA:5TOA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TROAX:Sweden TROAXs:UK

Address

P.O. Box 89, Hillerstorp, SWE, SE-335 04

Website

https://www.troax.com

Troax Group AB is a supplier of indoor perimeter protection (metal-based mesh panel solutions). The company focuses on three business areas namely Property Protection; Machine Guarding and Warehouse Partitioning. It generates maximum revenue from the Machine Guarding business. The Group's net sales are divided into the following five geographical areas: The Nordic region, the UK, Continental Europe, North America, and New markets, it derives a majority of revenue from the Continental Europe region. Machine Guarding comprises Troax's standardized protection solutions for robot cells and automation solutions. The solutions comprise everything from individual mesh panels to complete installations of safety doors and locks equipped with circuit breakers.

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