GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Genuine Parts Co (FRA:GPT) » Definitions » Tax Rate %

Genuine Parts Co (FRA:GPT) Tax Rate % : 23.46% (As of Mar. 2024)


View and export this data going back to 1968. Start your Free Trial

What is Genuine Parts Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Genuine Parts Co's Tax Expense for the three months ended in Mar. 2024 was €70 Mil. Genuine Parts Co's Pre-Tax Income for the three months ended in Mar. 2024 was €299 Mil. Therefore, Genuine Parts Co's Tax Rate % for the quarter that ended in Mar. 2024 was 23.46%.

Genuine Parts Co Tax Rate % Historical Data

The historical data trend for Genuine Parts Co'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.

Genuine Parts Co Tax Rate % Chart

Genuine Parts Co 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 24.77 56.93 25.12 24.79 24.44

Genuine Parts Co 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 24.84 24.14 24.48 24.34 23.46

Genuine Parts Co Tax Rate % Calculation

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

Genuine Parts Co'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 )
=390.481/1597.733
=24.44 %

Genuine Parts Co'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 )
=70.184/299.167
=23.46 %

* 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.

Genuine Parts Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of Genuine Parts Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Genuine Parts Co (FRA:GPT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Genuine Parts Co (FRA:GPT) » Definitions » Tax Rate %
Comparable Companies
MBLY APTV LKQ ALV GNTX LEA BWA ALSN MOD GT TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XKRX:012330 TSX:MG XTER:CON ISX:ASII XTER:KBX TSE:5802
Traded in Other Exchanges
GPC:USA GPT:Germany
Address
2999 Wildwood Parkway, Atlanta, GA, USA, 30339
Website
https://www.genpt.com
Genuine Parts sells automotive parts (nearly two thirds of net sales) and industrial components. The company sells car and truck parts to commercial and retail customers through roughly 9,800 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and original equipment manufacturer clients.