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Dover (FRA:DOV) Tax Rate % : 21.49% (As of Dec. 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 Dec. 2024 was €62 Mil. Dover's Pre-Tax Income for the three months ended in Dec. 2024 was €290 Mil. Therefore, Dover's Tax Rate % for the quarter that ended in Dec. 2024 was 21.49%.

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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.80 19.77 16.83 15.95 20.32

Dover 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 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 7.69 20.86 20.23 19.01 21.49

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. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=340.981/1677.95
=20.32 %

Dover'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 )
=62.33/289.986
=21.49 %

* 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 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 0ICP:UK
Address
3005 Highland Parkway, Downers Grove, IL, USA, 60515
Website
https://www.dovercorporation.com
Founded in 1955 by George Ohrstrom, Dover has become an industrial behemoth through the acquisition of dozens of esteemed brands. The company is organized into five segments through which it designs and manufactures highly engineered components, such as vehicle repair, factory automation, welding, aerospace, fuel dispensing, printing, liquid handling, refrigeration, and can-making equipment. It has operations around the globe but generates over half of its revenue in the United States.