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Flatex AG (FRA:FTK) Tax Rate % : 27.94% (As of Dec. 2023)


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What is Flatex AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Flatex AG's Tax Expense for the six months ended in Dec. 2023 was €20.1 Mil. Flatex AG's Pre-Tax Income for the six months ended in Dec. 2023 was €71.9 Mil. Therefore, Flatex AG's Tax Rate % for the quarter that ended in Dec. 2023 was 27.94%.

Flatex AG Tax Rate % Historical Data

The historical data trend for Flatex AG'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.

* Premium members only.

Flatex AG Tax Rate % Chart

Flatex AG 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 31.07 28.54 30.73 27.91 30.24

Flatex AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 41.05 24.73 30.72 35.57 27.94

Flatex AG Tax Rate % Calculation

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

Flatex AG'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 )
=31.157/103.016
=30.24 %

Flatex AG's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=20.085/71.888
=27.94 %

* 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.

Flatex AG Tax Rate % Related Terms

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Flatex AG (FRA:FTK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Flatex AG (FRA:FTK) » Definitions » Tax Rate %
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Traded in Other Exchanges
FNNTF:USA 0W89:UK FTK:Germany
Address
Omniturm, Grosse Gallusstrasse 16-18, Frankfurt, HE, DEU, 60312
Website
https://www.flatex.com
Flatex AG is an independent online broker. The firm operates a proprietary securities trading platform under the brands flatex and DEGIRO and services more than 1 million European retail customers in European countries. The company also offers brokerage services and administration to corporate and institutional clients. The segments of the company are Financial Services and Technologies.