KION GROUP AG (FRA:KGX) Tax Rate % : 34.59% (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is KION GROUP AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. KION GROUP AG's Tax Expense for the three months ended in Mar. 2024 was €59 Mil. KION GROUP AG's Pre-Tax Income for the three months ended in Mar. 2024 was €170 Mil. Therefore, KION GROUP AG's Tax Rate % for the quarter that ended in Mar. 2024 was 34.59%.

KION GROUP AG Tax Rate % Historical Data

The historical data trend for KION GROUP AG'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.

KION GROUP AG Tax Rate % Chart

KION GROUP AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

28.44

30.07

25.23

23.33

31.62

KION GROUP AG 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															21.56	41.24	42.09	14.51	34.59

KION GROUP AG Tax Rate % Calculation

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

KION GROUP AG'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 )
	=	145.4	/	459.8
	=	31.62 %

KION GROUP AG'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 )
	=	58.7	/	169.7
	=	34.59 %

KION GROUP AG Tax Rate % Related Terms

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

KION GROUP AG (FRA:KGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » KION GROUP AG (FRA:KGX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

KNNGF:USA KIGRY:USA 1KGX:Italy 0QFU:UK KGX:Germany KGX:Austria

Address

Thea-Rasche-Strasse 8, Frankfurt am Main, HE, DEU, 60549

Website

https://www.kiongroup.com

Kion Group is the number-two forklift truck manufacturer globally, after Toyota, and the number-one global warehouse automation equipment supplier. The Germany-headquartered company gets 70% of its revenue from the sale of new forklifts and maintenance services. Another roughly 30%, and growing portion, comes from warehouse automation equipment under the Dematic division, which caters to sectors such as e-commerce, third-party logistics, and supermarkets. Kion's forklift trucks and warehouse equipment service the same end markets.

KION GROUP AG (FRA:KGX) Headlines

No Headlines