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Kuwait Finance House (KUW:KFH) Tax Rate % : 28.94% (As of Dec. 2024)


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What is Kuwait Finance House Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kuwait Finance House's Tax Expense for the three months ended in Dec. 2024 was KWD54 Mil. Kuwait Finance House's Pre-Tax Income for the three months ended in Dec. 2024 was KWD187 Mil. Therefore, Kuwait Finance House's Tax Rate % for the quarter that ended in Dec. 2024 was 28.94%.

Kuwait Finance House Tax Rate % Historical Data

The historical data trend for Kuwait Finance House'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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Kuwait Finance House Tax Rate % Chart

Kuwait Finance House Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.23 15.36 18.34 18.33 21.26

Kuwait Finance House Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 18.55 16.17 19.87 20.78 28.94

Kuwait Finance House Tax Rate % Calculation

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

Kuwait Finance House's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=173.64/816.864
=21.26 %

Kuwait Finance House's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=54.086/186.883
=28.94 %

* 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.

Kuwait Finance House Tax Rate % Related Terms

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Kuwait Finance House Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kuwait Finance House (KUW:KFH) » Definitions » Tax Rate %
Comparable Companies
KUW:NBK KUW:BOUBYAN KUW:CBK KUW:GBK KUW:BURG KUW:ABK KUW:WARBABANK KUW:KPROJ KUW:KIB JPM SHSE:601398 BAC SHSE:601288 WFC SHSE:601939 SHSE:601988 LSE:HSBA TSE:8306 TSX:RY ASX:CBA
Traded in Other Exchanges
KFH:Bahrain
Address
Abdullah Al Mubarak Street, P.O. Box 24989, Safat, Murqab, Kuwait City, KWT, 13110
Website
https://www.kfh.com
Kuwait Finance House is an Islamic banking institution. It provides a range of banking Sharia-compliant products and services which include real estate, trade finance, investment portfolios, commercial, retail, and corporate banking. The company's segments are Treasury, Investment, Retail & Private Banking, and Corporates Banking, and Investments. The Treasury and Corporate Banking gains maximum revenue. and It operates in Kuwait, Middle East, European, and others.

Kuwait Finance House Headlines