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Insteel Industries (FRA:HZ8) Tax Rate % : 22.47% (As of Mar. 2024)


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What is Insteel Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Insteel Industries's Tax Expense for the three months ended in Mar. 2024 was €1.9 Mil. Insteel Industries's Pre-Tax Income for the three months ended in Mar. 2024 was €8.2 Mil. Therefore, Insteel Industries's Tax Rate % for the quarter that ended in Mar. 2024 was 22.47%.

Insteel Industries Tax Rate % Historical Data

The historical data trend for Insteel Industries'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.

Insteel Industries Tax Rate % Chart

Insteel Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.91 21.35 22.64 22.70 22.37

Insteel Industries 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 21.96 22.00 22.46 27.21 22.47

Insteel Industries Tax Rate % Calculation

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

Insteel Industries's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2023 )/Pre-Tax Income (A: Sep. 2023 )
=8.752/39.124
=22.37 %

Insteel Industries'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 )
=1.85/8.234
=22.47 %

* 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.

Insteel Industries Tax Rate % Related Terms

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Insteel Industries (FRA:HZ8) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Insteel Industries Inc (FRA:HZ8) » Definitions » Tax Rate %
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HAYN PRLB RYI NWPX MEC TG CMPO GIFI TRSG LQMT ATI MLI ESAB SZSE:000039 CRS TPE:2474 SHSE:688122 XTER:NDA XTER:TKA SHSE:601399
Traded in Other Exchanges
IIIN:USA
Address
1373 Boggs Drive, Mount Airy, NC, USA, 27030
Website
https://www.insteel.com
Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.

Insteel Industries (FRA:HZ8) Headlines

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