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IDEXX Laboratories (FRA:IX1) Tax Rate % : 22.10% (As of Sep. 2024)


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What is IDEXX Laboratories Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IDEXX Laboratories's Tax Expense for the three months ended in Sep. 2024 was €60 Mil. IDEXX Laboratories's Pre-Tax Income for the three months ended in Sep. 2024 was €269 Mil. Therefore, IDEXX Laboratories's Tax Rate % for the quarter that ended in Sep. 2024 was 22.10%.

IDEXX Laboratories Tax Rate % Historical Data

The historical data trend for IDEXX Laboratories'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.

IDEXX Laboratories Tax Rate % Chart

IDEXX Laboratories 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 18.08 12.06 17.48 21.03 20.37

IDEXX Laboratories 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 20.78 18.84 20.27 21.52 22.10

IDEXX Laboratories Tax Rate % Calculation

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

IDEXX Laboratories'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 )
=198.195/973.098
=20.37 %

IDEXX Laboratories'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 )
=59.527/269.317
=22.10 %

* 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.

IDEXX Laboratories Tax Rate % Related Terms

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IDEXX Laboratories Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » IDEXX Laboratories Inc (FRA:IX1) » Definitions » Tax Rate %
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IQV A MTD ILMN WAT NTRA LH DGX ICLR RVTY TMO DHR XSWX:LONN SHSE:603259 XPAR:BIM MEDP CRL EXAS QGEN XPAR:ERF
Traded in Other Exchanges
IDXX:USA IDXX:Mexico 0J8P:UK IX1:Germany I1DX34:Brazil IDXX:Austria
Address
One IDEXX Drive, Westbrook, ME, USA, 04092
Website
https://www.idexx.com
Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets close to 35% of its revenue from outside the United States.

IDEXX Laboratories Headlines

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