Horiba (Horiba) Tax Rate % : 30.81% (As of Mar. 2024)

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What is Horiba Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Horiba's Tax Expense for the three months ended in Mar. 2024 was $21 Mil. Horiba's Pre-Tax Income for the three months ended in Mar. 2024 was $68 Mil. Therefore, Horiba's Tax Rate % for the quarter that ended in Mar. 2024 was 30.81%.

Horiba Tax Rate % Historical Data

The historical data trend for Horiba'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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Horiba Tax Rate % Chart

Horiba Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.20

29.93

29.44

27.92

24.95

Horiba 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															17.20	31.95	28.76	26.52	30.81

Horiba Tax Rate % Calculation

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

Horiba'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 )
	=	93.068	/	372.985
	=	24.95 %

Horiba'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 )
	=	20.892	/	67.815
	=	30.81 %

Horiba Tax Rate % Related Terms

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Horiba (Horiba) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Horiba Ltd (OTCPK:HRIBF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

6856:Japan 01H:Germany

Address

2, Miyanohigashi-cho, Kisshoin, Minami-ku, Kyoto, JPN, 601-8510

Website

http://www.horiba.co.jp

Horiba Ltd provides analytical and measurement equipment. The automotive test systems segment contributes the largest percentage of revenue and supplies engine, driveline, brake, wind tunnel balance, and emissions test systems. The scientific segment sells instruments like pH meters, X-ray microscopes, and spectrometers. The semiconductor segment supplies mass flow controllers that are used in the semiconductor manufacturing process. The medical-diagnostic segment sells blood testing instruments and reagents for the in vitro diagnostics market. The process and environmental segment provides solutions associated with environmental regulations, such as air-pollution and water-quality analyzers. Horiba generates the largest proportion of its sales in Japan.

Horiba (Horiba) Headlines

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