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Trican Well Service (FRA:TWZ) Tax Rate % : 23.78% (As of Mar. 2024)


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What is Trican Well Service Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Trican Well Service's Tax Expense for the three months ended in Mar. 2024 was €8.7 Mil. Trican Well Service's Pre-Tax Income for the three months ended in Mar. 2024 was €36.7 Mil. Therefore, Trican Well Service's Tax Rate % for the quarter that ended in Mar. 2024 was 23.78%.

Trican Well Service Tax Rate % Historical Data

The historical data trend for Trican Well Service'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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Trican Well Service Tax Rate % Chart

Trican Well Service 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 28.44 12.15 -0.66 26.57 23.88

Trican Well Service 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 24.11 20.62 23.87 24.59 23.78

Trican Well Service Tax Rate % Calculation

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

Trican Well Service'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 )
=25.947/108.658
=23.88 %

Trican Well Service'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 )
=8.73/36.716
=23.78 %

* 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.

Trican Well Service Tax Rate % Related Terms

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Trican Well Service (FRA:TWZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trican Well Service Ltd (FRA:TWZ) » Definitions » Tax Rate %
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Traded in Other Exchanges
TOLWF:USA TWZ:Germany TCW:Canada
Address
2900, 645 - 7th Avenue SW, Calgary, AB, CAN, T2P 4G8
Website
https://www.tricanwellservice.com
Trican Well Service Ltd is an equipment services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company offers services related to coiled tubing, pipeline service, cementing, fracturing and reservoir solutions.

Trican Well Service (FRA:TWZ) Headlines

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