KRNTY (Krones AG) Tax Rate % : 26.92% (As of Sep. 2024)

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What is Krones AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Krones AG's Tax Expense for the three months ended in Sep. 2024 was $27 Mil. Krones AG's Pre-Tax Income for the three months ended in Sep. 2024 was $100 Mil. Therefore, Krones AG's Tax Rate % for the quarter that ended in Sep. 2024 was 26.92%.

Krones AG Tax Rate % Historical Data

The historical data trend for Krones 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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Krones AG Tax Rate % Chart

Krones AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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77.86

-117.65

20.24

22.71

27.68

Krones AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															26.92	34.95	26.07	28.44	26.92

Krones AG Tax Rate % Calculation

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

Krones 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 )
	=	93.725	/	338.6
	=	27.68 %

Krones AG's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	26.859	/	99.778
	=	26.92 %

Krones AG Tax Rate % Related Terms

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Krones AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Krones AG (OTCPK:KRNTY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

0LQ4:UK KRN:Germany

Address

Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073

Website

https://www.krones.com

Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. The company's reportable segments are: Filling and Packaging Technology, Process Technology, and Intralogistics. The majority of the company's revenue is generated from its Fillings and Packaging segment which offers machines and lines for filling, labelling, packaging and conveying products. Geographically, the company generates a majority of its revenue from Germany and the rest from China, Middle East and Africa, America and other regions.