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Magnera (FRA:W2B) Tax Rate % : 13.04% (As of Dec. 2024)


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What is Magnera Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Magnera's Tax Expense for the three months ended in Dec. 2024 was €-9 Mil. Magnera's Pre-Tax Income for the three months ended in Dec. 2024 was €-66 Mil. Therefore, Magnera's Tax Rate % for the quarter that ended in Dec. 2024 was 13.04%.

Magnera Tax Rate % Historical Data

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

Magnera 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 26.83 35.77 50.86 5.03 -9.86

Magnera 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 42.68 -24.55 -22.99 -8.05 13.04

Magnera Tax Rate % Calculation

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

Magnera'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 )
=6.429/-65.191
=-9.86 %

Magnera'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 )
=-8.595/-65.895
=13.04 %

* 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.

Magnera Tax Rate % Related Terms

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Magnera Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Magnera Corp (FRA:W2B) » Definitions » Tax Rate %
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Traded in Other Exchanges
MAGN:USA
Address
9335 Harris Corners parkway, Suite 300, Charlotte, NC, USA, 28269
Website
https://www.magnera.com
Magnera Corp formerly Glatfelter Corporation manufactures and sells a variety of paper and fiber products. The company's reportable segments are; Composite Fibers, Spunlace. and Airlaid Materials. The Airlaid Materials segment which is also its key revenue generating segment, is a supplier of cellulose-based airlaid nonwoven materials used to manufacture consumer products for end-user markets. The Airlaid Materials segment produces materials used in feminine hygiene, specialty wipes, tabletop, home care, and other consumables. Geographically, the company derives majority of its revenue from Americas and rest from Europe, Middle East, Africa and Asia Pacific markets.

Magnera Headlines

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