GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Terex Corp (FRA:TXG) » Definitions » Tax Rate %

Terex (FRA:TXG) Tax Rate % : 20.51% (As of Mar. 2024)


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

What is Terex Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Terex's Tax Expense for the three months ended in Mar. 2024 was €26 Mil. Terex's Pre-Tax Income for the three months ended in Mar. 2024 was €126 Mil. Therefore, Terex's Tax Rate % for the quarter that ended in Mar. 2024 was 20.51%.

Terex Tax Rate % Historical Data

The historical data trend for Terex'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.

Terex Tax Rate % Chart

Terex 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 15.27 18.18 17.55 18.11 10.87

Terex 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 17.49 16.68 20.00 -21.00 20.51

Terex Tax Rate % Calculation

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

Terex'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 )
=57.771/531.585
=10.87 %

Terex'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 )
=25.76/125.58
=20.51 %

* 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.

Terex Tax Rate % Related Terms

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

Terex (FRA:TXG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Terex Corp (FRA:TXG) » Definitions » Tax Rate %
Comparable Companies
ALG REVG HY CMCO LNN WNC ASTE NKLA OSK TWI CAT DE PCAR OSTO:VOLV A XTER:DTG TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031
Traded in Other Exchanges
TEX:USA
Address
45 Glover Avenue, 4th Floor, Norwalk, CT, USA, 06850
Website
https://www.terex.com
Terex is a global manufacturer of aerial work platforms, materials processing equipment, and specialty equipment, such as material handlers, cranes, and concrete mixer trucks. Its current composition is a result of numerous acquisitions over several decades and a recent shift to focus on its two core segments after divesting a handful of underperforming businesses. Terex's remaining segments see heavy demand in nonresidential construction as well as in maintenance, manufacturing, energy, and materials management.