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IDEXY (Industria De Diseno Textil) Tax Rate % : 23.21% (As of Jul. 2024)


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What is Industria De Diseno Textil Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Industria De Diseno Textil's Tax Expense for the three months ended in Jul. 2024 was $485 Mil. Industria De Diseno Textil's Pre-Tax Income for the three months ended in Jul. 2024 was $2,089 Mil. Therefore, Industria De Diseno Textil's Tax Rate % for the quarter that ended in Jul. 2024 was 23.21%.


Industria De Diseno Textil Tax Rate % Historical Data

The historical data trend for Industria De Diseno Textil'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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Industria De Diseno Textil Tax Rate % Chart

Industria De Diseno Textil Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.09 21.20 22.60 22.60 21.47

Industria De Diseno Textil Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 22.84 19.74 21.51 22.31 23.21

Industria De Diseno Textil Tax Rate % Calculation

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

Industria De Diseno Textil's Tax Rate % for the fiscal year that ended in Jan. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jan. 2024 )/Pre-Tax Income (A: Jan. 2024 )
=1606.754/7483.66
=21.47 %

Industria De Diseno Textil's Tax Rate % for the quarter that ended in Jul. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jul. 2024 )/Pre-Tax Income (Q: Jul. 2024 )
=484.816/2088.937
=23.21 %

* 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.


Industria De Diseno Textil Tax Rate % Related Terms

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Industria De Diseno Textil Business Description

Address
Edificio Inditex, Avenida de la Diputacion, Arteixo, ESP, 15142
Inditex is a multibrand fashion conglomerate founded in 1985. Flagship brand Zara (including Zara Home) generates just over 70% of revenue and profits. Other brands include Pull&Bear, Massimo Dutti, Bershka, Stradivarius, and Oysho. The company operates through 5,600-plus stores globally, over 1,800 of them belonging to the Zara brand. Sixty-five percent of revenue is generated in the European home market, while the Americas and Asia contribute 19% each. The company keeps design in house while mostly outsourcing manufacturing (own manufacturing constitutes only a low-single-digit percentage of output). Over 50% of sourcing factories are in proximity to the company's headquarters in Spain.