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Smiths Group (LSE:SMIN) Tax Rate % : 30.35% (As of Jul. 2024)


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What is Smiths Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Smiths Group's Tax Expense for the six months ended in Jul. 2024 was £61 Mil. Smiths Group's Pre-Tax Income for the six months ended in Jul. 2024 was £201 Mil. Therefore, Smiths Group's Tax Rate % for the quarter that ended in Jul. 2024 was 30.35%.

Smiths Group Tax Rate % Historical Data

The historical data trend for Smiths Group'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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Smiths Group Tax Rate % Chart

Smiths Group Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.62 34.58 87.38 37.22 32.53

Smiths Group Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 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 -80.70 38.32 36.27 35.09 30.35

Smiths Group Tax Rate % Calculation

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

Smiths Group's Tax Rate % for the fiscal year that ended in Jul. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jul. 2024 )/Pre-Tax Income (A: Jul. 2024 )
=121/372
=32.53 %

Smiths Group'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 )
=61/201
=30.35 %

* 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.

Smiths Group Tax Rate % Related Terms

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Smiths Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Smiths Group PLC (LSE:SMIN) » Definitions » Tax Rate %
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Traded in Other Exchanges
SMGZY:USA SMGKF:USA SMINl:UK QS2A:Germany
Address
255 Blackfriars Road, Level 10, Arbor, Bankside Yards, London, GBR, SE1 9AX
Website
https://www.smiths.com
Smiths Group PLC manufacture niche products in security- or safety-sensitive industries. The company is organized into four major business segments: John Crane: mechanical seals, seal support systems, power transmission couplings and specialized filtration systems, Smiths Detection: sensors and systems that detect and identify explosives, narcotics, weapons, chemical agents, biohazards and contraband, Flex-Tek: engineered components, flexible hosing and rigid tubing that heat and move fluids and gases, Smiths Interconnect.