Strattec Security (FRA:SS8) Tax Rate % : 32.64% (As of Mar. 2024)

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What is Strattec Security Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Strattec Security's Tax Expense for the three months ended in Mar. 2024 was €0.5 Mil. Strattec Security's Pre-Tax Income for the three months ended in Mar. 2024 was €1.5 Mil. Therefore, Strattec Security's Tax Rate % for the quarter that ended in Mar. 2024 was 32.64%.

Strattec Security Tax Rate % Historical Data

The historical data trend for Strattec Security'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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Strattec Security Tax Rate % Chart

Strattec Security Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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37.88

27.89

14.60

4.49

-16.70

Strattec Security 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															-4.21	-1,772.37	23.75	25.29	32.64

Strattec Security Tax Rate % Calculation

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

Strattec Security's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	1.182	/	-7.078
	=	-16.70 %

Strattec Security'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 )
	=	0.502	/	1.538
	=	32.64 %

Strattec Security Tax Rate % Related Terms

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Strattec Security (FRA:SS8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Strattec Security Corp (FRA:SS8) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

STRT:USA SS8:Germany

Address

3333 West Good Hope Road, Milwaukee, WI, USA, 53209

Website

https://www.strattec.com

Strattec Security Corp designs develops, manufactures and markets mechanical locks, electronically enhanced locks and keys. It also produces ignition lock housings; access control products, including latches, power sliding door systems, and door handles. Strattec ships products to customer locations in the United States, Canada, Mexico, Europe, South America, Korea and China, and provides full-service aftermarket support. Strattec also supplies products for the heavy truck and recreational vehicle markets, as well as precision, die castings.

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