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Diamond Offshore Drilling (FRA:DO10) Tax Rate % : -38.22% (As of Mar. 2024)


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What is Diamond Offshore Drilling Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Diamond Offshore Drilling's Tax Expense for the three months ended in Mar. 2024 was €-3 Mil. Diamond Offshore Drilling's Pre-Tax Income for the three months ended in Mar. 2024 was €8 Mil. Therefore, Diamond Offshore Drilling's Tax Rate % for the quarter that ended in Mar. 2024 was -38.22%.

Diamond Offshore Drilling Tax Rate % Historical Data

The historical data trend for Diamond Offshore Drilling'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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Diamond Offshore Drilling Tax Rate % Chart

Diamond Offshore Drilling Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
1.66 - 2.27 -225.77

Diamond Offshore Drilling Quarterly Data
Dec20 Mar21 Sep21 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 139.25 5,598.90 -640.65 609.18 -38.22

Diamond Offshore Drilling Tax Rate % Calculation

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

Diamond Offshore Drilling'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 )
=28.411/-12.584
=-225.77 %

Diamond Offshore Drilling'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 )
=-2.954/7.729
=-38.22 %

* 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.

Diamond Offshore Drilling Tax Rate % Related Terms

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Diamond Offshore Drilling (FRA:DO10) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diamond Offshore Drilling Inc (FRA:DO10) » Definitions » Tax Rate %
Comparable Companies
NBR VTDRF ICD SDRL HP RIG PTEN ADX:ADNOCDRILL NE SAU:2382 SAU:2381 SHSE:600871 OSL:BORR OSL:ODL TSX:PD OSL:SHLF STC:PVD XKLS:5243 TSX:ESI SZSE:002828
Traded in Other Exchanges
DO:USA
Address
15415 Katy Freeway, Houston, TX, USA, 77094
Website
http://www.diamondoffshore.com
Diamond Offshore Drilling Inc is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 12 offshore drilling rigs, consisting of eight semisubmersibles and four dynamically positioned drillships.

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