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HNI (FRA:HO9) Tax Rate % : 23.14% (As of Sep. 2024)


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What is HNI Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. HNI's Tax Expense for the three months ended in Sep. 2024 was €13 Mil. HNI's Pre-Tax Income for the three months ended in Sep. 2024 was €56 Mil. Therefore, HNI's Tax Rate % for the quarter that ended in Sep. 2024 was 23.14%.

HNI Tax Rate % Historical Data

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

HNI 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 22.57 22.98 23.63 15.37 24.07

HNI Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 20.25 - 19.55 21.74 23.14

HNI Tax Rate % Calculation

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

HNI'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 )
=14.305/59.422
=24.07 %

HNI's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=12.884/55.682
=23.14 %

* 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.

HNI Tax Rate % Related Terms

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HNI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HNI Corp (FRA:HO9) » Definitions » Tax Rate %
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Traded in Other Exchanges
HNI:USA HO9:Germany
Address
600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071
Website
https://www.hnicorp.com
HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.

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