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Sylvamo (FRA:88L) Tax Rate % : 28.33% (As of Mar. 2024)


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What is Sylvamo Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sylvamo's Tax Expense for the three months ended in Mar. 2024 was €16 Mil. Sylvamo's Pre-Tax Income for the three months ended in Mar. 2024 was €55 Mil. Therefore, Sylvamo's Tax Rate % for the quarter that ended in Mar. 2024 was 28.33%.

Sylvamo Tax Rate % Historical Data

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

Sylvamo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 24.90 8.42 30.79 28.05 31.44

Sylvamo Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.21 30.00 36.26 26.87 28.33

Sylvamo Tax Rate % Calculation

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

Sylvamo'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 )
=106.372/338.373
=31.44 %

Sylvamo'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 )
=15.64/55.2
=28.33 %

* 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.

Sylvamo Tax Rate % Related Terms

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Sylvamo (FRA:88L) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sylvamo Corp (FRA:88L) » Definitions » Tax Rate %
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Traded in Other Exchanges
SLVM:USA
Address
6077 Primacy Parkway, Memphis, TN, USA, 38119
Website
https://www.sylvamo.com
Sylvamo Corp is an uncoated papers company with a broad portfolio of top-tier brands and low-cost, large-scale paper mills, it produces uncoated freesheet (UFS) for paper products such as cut size and offset paper, as well as market pulp. The company offers Copy and Printer papers, Commercial Printing papers, Converting papers, and Specialty papers. It operates in three geographical segments: Europe, Latin America, and North America.

Sylvamo (FRA:88L) Headlines

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