Piaggio & C. SpA (LTS:0FM1) Tax Rate % : 23.31% (As of Dec. 2024)

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What is Piaggio & C. SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Piaggio & C. SpA's Tax Expense for the three months ended in Dec. 2024 was €2 Mil. Piaggio & C. SpA's Pre-Tax Income for the three months ended in Dec. 2024 was €7 Mil. Therefore, Piaggio & C. SpA's Tax Rate % for the quarter that ended in Dec. 2024 was 23.31%.

Piaggio & C. SpA Tax Rate % Historical Data

The historical data trend for Piaggio & C. SpA'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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Piaggio & C. SpA Tax Rate % Chart

Piaggio & C. SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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37.56

35.89

33.27

32.72

30.95

Piaggio & C. SpA 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															2.30	34.00	32.43	22.56	23.31

Piaggio & C. SpA Tax Rate % Calculation

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

Piaggio & C. SpA'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 )
	=	30.132	/	97.357
	=	30.95 %

Piaggio & C. SpA'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 )
	=	1.524	/	6.539
	=	23.31 %

Piaggio & C. SpA Tax Rate % Related Terms

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Piaggio & C. SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Piaggio & C. SpA (LTS:0FM1) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PIAGF:USA PIA:Italy PIAm:UK P1I:Germany P1I:Germany

Address

Viale Rinaldo Piaggio, 25, Pontedera, Pisa, ITA, 56025

Website

https://www.piaggiogroup.com

Piaggio & C. SpA is an Italian manufacturer of motor vehicles with international operations. The product portfolio consists of scooters, mopeds, and motorcycles marketed under the Aprilia, Piaggio, Vespa, Moto Guzzi, Gilera, Derbi, and Scarabeo brands, as well as three- and four-wheeler light vehicles, marketed under the Ape, and Porter brands. Piaggio's sales are mainly in Europe, the Middle East, Africa; the Americas; and India, but are also in the Asia-Pacific region. The firm's manufacturing units are located in Italy, India, and Vietnam.

Piaggio & C. SpA Headlines

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