Worthington Enterprises (FRA:WTH) Tax Rate % : 24.52% (As of Nov. 2024)

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What is Worthington Enterprises Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Worthington Enterprises's Tax Expense for the three months ended in Nov. 2024 was €9 Mil. Worthington Enterprises's Pre-Tax Income for the three months ended in Nov. 2024 was €35 Mil. Therefore, Worthington Enterprises's Tax Rate % for the quarter that ended in Nov. 2024 was 24.52%.

Worthington Enterprises Tax Rate % Historical Data

The historical data trend for Worthington Enterprises'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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Worthington Enterprises Tax Rate % Chart

Worthington Enterprises Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Tax Rate %

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23.78

19.21

25.02

21.55

52.73

Worthington Enterprises Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Tax Rate %	Get a 7-Day Free Trial															26.93	45.64	-18.61	22.03	24.52

Worthington Enterprises Tax Rate % Calculation

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

Worthington Enterprises's Tax Rate % for the fiscal year that ended in May. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: May. 2024 )	/	Pre-Tax Income (A: May. 2024 )
	=	36.1	/	68.456
	=	52.73 %

Worthington Enterprises's Tax Rate % for the quarter that ended in Nov. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Nov. 2024 )	/	Pre-Tax Income (Q: Nov. 2024 )
	=	8.572	/	34.957
	=	24.52 %

Worthington Enterprises Tax Rate % Related Terms

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Worthington Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Worthington Enterprises Inc (FRA:WTH) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

WOR:USA WTH:Germany

Address

200 Old Wilson Bridge Road, Columbus, OH, USA, 43085

Website

https://www.worthingtonindustries.com

Worthington Enterprises Inc is a designer and manufacturer of products sold to consumers, through retail channels, in the tools, outdoor living and celebrations market categories as well as a wide array of specialized building products that serve customers in the residential and non-residential construction markets, including ceiling suspension systems and light gauge metal framing products, as well as wholly-owned and consolidated operations that produce pressurized containment solutions for heating, cooking and cooling applications, among others. It operates under two reportable operating segments: Consumer Products and Building Products. It derives majority of the revenue from Building Products segment.

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