Abiomed (FRA:AIO) Tax Rate % : 23.48% (As of Sep. 2022)

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What is Abiomed Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Abiomed's Tax Expense for the three months ended in Sep. 2022 was €33 Mil. Abiomed's Pre-Tax Income for the three months ended in Sep. 2022 was €140 Mil. Therefore, Abiomed's Tax Rate % for the quarter that ended in Sep. 2022 was 23.48%.

Abiomed Tax Rate % Historical Data

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

Abiomed Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Tax Rate %

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30.09

1.65

20.95

21.75

28.37

Abiomed Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Tax Rate %	Get a 7-Day Free Trial															15.34	20.95	19.31	21.87	23.48

Abiomed Tax Rate % Calculation

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

Abiomed's Tax Rate % for the fiscal year that ended in Mar. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2022 )	/	Pre-Tax Income (A: Mar. 2022 )
	=	49.082	/	173.028
	=	28.37 %

Abiomed's Tax Rate % for the quarter that ended in Sep. 2022 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2022 )	/	Pre-Tax Income (Q: Sep. 2022 )
	=	32.896	/	140.09
	=	23.48 %

Abiomed Tax Rate % Related Terms

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Abiomed (FRA:AIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Abiomed Inc (FRA:AIO) » Definitions » Tax Rate %

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Address

22 Cherry Hill Drive, Danvers, MA, USA, 01923

Website

https://www.abiomed.com

Abiomed Inc provides temporary mechanical circulatory support devices that are primarily used by interventional cardiologists and heart surgeons. The firm's products are used for patients in need of hemodynamic support before, during, or after angioplasty and heart surgery procedures. Abiomed receives the majority of revenue from its Impella product portfolio, which includes percutaneous micro heart pumps with integration motors and sensors and percutaneous catheter-based axial flow pumps. Abiomed generates the majority of its revenue in the United States.