Wolverine World Wide (FRA:WW4) Tax Rate % : 4.20% (As of Mar. 2024)

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What is Wolverine World Wide Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wolverine World Wide's Tax Expense for the three months ended in Mar. 2024 was €-1 Mil. Wolverine World Wide's Pre-Tax Income for the three months ended in Mar. 2024 was €-13 Mil. Therefore, Wolverine World Wide's Tax Rate % for the quarter that ended in Mar. 2024 was 4.20%.

Wolverine World Wide Tax Rate % Historical Data

The historical data trend for Wolverine World Wide'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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Wolverine World Wide Tax Rate % Chart

Wolverine World Wide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.65

24.71

16.56

25.23

70.79

Wolverine World Wide 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															36.40	19.74	4.26	55.22	4.20

Wolverine World Wide Tax Rate % Calculation

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

Wolverine World Wide'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 )
	=	-87.115	/	-123.061
	=	70.79 %

Wolverine World Wide'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 )
	=	-0.552	/	-13.156
	=	4.20 %

Wolverine World Wide Tax Rate % Related Terms

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Wolverine World Wide (FRA:WW4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wolverine World Wide Inc (FRA:WW4) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

WWW:USA WW4:Germany

Address

9341 Courtland Drive N.E., Rockford, MI, USA, 49351

Website

https://www.wolverineworldwide.com

Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.

Wolverine World Wide (FRA:WW4) Headlines

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