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Accelleron Industries AG (FRA:ZH20) Tax Rate % : 19.65% (As of Jun. 2024)


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What is Accelleron Industries AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Accelleron Industries AG's Tax Expense for the six months ended in Jun. 2024 was €20.1 Mil. Accelleron Industries AG's Pre-Tax Income for the six months ended in Jun. 2024 was €102.5 Mil. Therefore, Accelleron Industries AG's Tax Rate % for the quarter that ended in Jun. 2024 was 19.65%.

Accelleron Industries AG Tax Rate % Historical Data

The historical data trend for Accelleron Industries AG'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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Accelleron Industries AG Tax Rate % Chart

Accelleron Industries AG Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
21.66 17.06 19.83

Accelleron Industries AG Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial 21.54 11.65 20.72 19.16 19.65

Accelleron Industries AG Tax Rate % Calculation

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

Accelleron Industries AG'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 )
=24.947/125.792
=19.83 %

Accelleron Industries AG's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=20.13/102.451
=19.65 %

* 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.

Accelleron Industries AG Tax Rate % Related Terms

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Accelleron Industries AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Accelleron Industries AG (FRA:ZH20) » Definitions » Tax Rate %
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Traded in Other Exchanges
ACLLY:USA ACLIF:USA ACLNz:UK 0ACC:UK ACLN:Switzerland
Address
Aargau, Baden, CHE
Website
https://www.accelleron-industries.com
Accelleron Industries AG develops, produces, and services turbochargers and digital solutions that make engines powerful and efficient. The company's solutions and services include Marine, Power, Oil & Gas, and Rail. The company operates the business in the turbocharger market for heavy-duty 500 kilowatts and higher applications in two operating segments which are High Speed which produces and services turbochargers with power outputs ranging from 500 to 5,000 kilowatts and mainly used in marine, electric power generation, oil & gas onshore, and off-highway sites; and the Medium & Low Speed segment which produces and services turbochargers with power outputs from 3,000 to 30,000 kilowatts. The company generates maximum revenue from Medium & Low Speed products and services.

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