Systemair AB (LTS:0HDK) Tax Rate % : 26.85% (As of Oct. 2024)

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What is Systemair AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Systemair AB's Tax Expense for the three months ended in Oct. 2024 was kr87 Mil. Systemair AB's Pre-Tax Income for the three months ended in Oct. 2024 was kr322 Mil. Therefore, Systemair AB's Tax Rate % for the quarter that ended in Oct. 2024 was 26.85%.

Systemair AB Tax Rate % Historical Data

The historical data trend for Systemair AB'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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Systemair AB Tax Rate % Chart

Systemair AB Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Tax Rate %

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29.13

27.20

26.61

19.32

24.36

Systemair AB Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Tax Rate %	Get a 7-Day Free Trial															19.79	325.23	17.60	27.15	26.85

Systemair AB Tax Rate % Calculation

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

Systemair AB's Tax Rate % for the fiscal year that ended in Apr. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Apr. 2024 )	/	Pre-Tax Income (A: Apr. 2024 )
	=	210.6	/	864.4
	=	24.36 %

Systemair AB's Tax Rate % for the quarter that ended in Oct. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Oct. 2024 )	/	Pre-Tax Income (Q: Oct. 2024 )
	=	86.5	/	322.2
	=	26.85 %

Systemair AB Tax Rate % Related Terms

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Systemair AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Systemair AB (LTS:0HDK) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SYSR:Sweden 52SA:Germany

Address

Industrivagen 3, Skinnskatteberg, SWE, SE-739 30

Website

https://www.systemair.com

Systemair AB is a building material company that develops, manufactures, and markets ventilation products. The company's products under its flagship Systemair brand include air conditioning units, air curtains, air distribution products, and energy-efficient fans. The company also markets products under its Frico, VEAB Heat Tech AB, Fantech, and Menerga segments. Frico manufactures air curtains and heating products, while VEAB primarily develops heating products. The Fantech segment markets to the residential sector, in contrast to Systemair's commercial base. Menerga produces high-efficiency air-handling units for specialized buildings such as museums, airports, and swimming pool halls. The company generates the majority of its revenue from Europe.

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