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KUBTF (Kubota) Tax Rate % : 23.80% (As of Jun. 2024)


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What is Kubota Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kubota's Tax Expense for the three months ended in Jun. 2024 was $167 Mil. Kubota's Pre-Tax Income for the three months ended in Jun. 2024 was $701 Mil. Therefore, Kubota's Tax Rate % for the quarter that ended in Jun. 2024 was 23.80%.

Kubota Tax Rate % Historical Data

The historical data trend for Kubota'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.

* Premium members only.

Kubota Tax Rate % Chart

Kubota Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.36 25.30 25.81 25.24 24.66

Kubota 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 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 23.18 18.88 25.49 23.80 25.29

Kubota Tax Rate % Calculation

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

Kubota'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 )
=586.2/2377.312
=24.66 %

Kubota'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 )
=166.73/700.671
=23.80 %

* 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.

Kubota Tax Rate % Related Terms

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Kubota Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Kubota Corp (OTCPK:KUBTF) » Definitions » Tax Rate %
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Traded in Other Exchanges
KUBTY:USA 6326:Japan KUO1:Germany KUO1:Germany
Address
2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, JPN, 556-8601
Website
http://www.kubota.co.jp
Kubota manufactures and sells small and midsize agricultural and construction equipment as well as water treatment equipment. Its key products in the farm and industrial machinery segment include compact/utility tractors, mini excavators, compact track loaders, engines, and rice farming equipment, such as combine harvesters as well as rice transplanters. The company has produced over 5.4 million units of tractors worldwide and over 30 million units of engines. Its water and environment segment provides mainly pipe system products like ductile iron pipes and valves, water/waste treatment plants, pumps, as well as operation and maintenance services, including public-private partnership projects. The company is based in Osaka, Japan, and was founded in 1890.