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Dover (FRA:DOV) Tax Rate % : 20.86% (As of Mar. 2024)


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What is Dover Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Dover's Tax Expense for the three months ended in Mar. 2024 was €153 Mil. Dover's Pre-Tax Income for the three months ended in Mar. 2024 was €735 Mil. Therefore, Dover's Tax Rate % for the quarter that ended in Mar. 2024 was 20.86%.

Dover Tax Rate % Historical Data

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

Dover Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.58 18.80 19.77 17.25 16.79

Dover 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 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 Premium Member Only Premium Member Only 20.16 19.26 18.26 10.01 20.86

Dover Tax Rate % Calculation

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

Dover'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 )
=195.484/1164.596
=16.79 %

Dover'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 )
=153.328/734.971
=20.86 %

* 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.

Dover Tax Rate % Related Terms

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Dover (FRA:DOV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dover Corp (FRA:DOV) » Definitions » Tax Rate %
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Traded in Other Exchanges
DOV:USA DOV:Germany
Address
3005 Highland Parkway, Downers Grove, IL, USA, 60515
Website
https://www.dovercorporation.com
Dover is a diversified industrial manufacturing company with products and services that include digital printing for fast-moving consuming goods, marking and coding for the food and beverage industry, loaders for the waste collection industry, pumps for the transport of fluids, including petroleum and natural gas, and commercial refrigerators used in groceries and convenience stores. Most of the business operates in the United States. After the spinoff of Apergy, the company operates through five segments: engineered systems, clean energy and fueling solutions, imaging and identification, pumps and process solutions, and climate and sustainability technologies equipment.