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Smith & Wesson Brands (LTS:0HEM) Tax Rate % : 25.49% (As of Oct. 2024)


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What is Smith & Wesson Brands Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Smith & Wesson Brands's Tax Expense for the three months ended in Oct. 2024 was $1.4 Mil. Smith & Wesson Brands's Pre-Tax Income for the three months ended in Oct. 2024 was $5.5 Mil. Therefore, Smith & Wesson Brands's Tax Rate % for the quarter that ended in Oct. 2024 was 25.49%.


Smith & Wesson Brands Tax Rate % Historical Data

The historical data trend for Smith & Wesson Brands'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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Smith & Wesson Brands Tax Rate % Chart

Smith & Wesson Brands Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.41 23.40 22.94 23.54 19.81

Smith & Wesson Brands 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 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 23.44 23.59 16.50 19.00 25.49

Smith & Wesson Brands Tax Rate % Calculation

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

Smith & Wesson Brands'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 )
=9.787/49.396
=19.81 %

Smith & Wesson Brands'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 )
=1.414/5.548
=25.49 %

* 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.


Smith & Wesson Brands Tax Rate % Related Terms

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Smith & Wesson Brands Business Description

Traded in Other Exchanges
Address
2100 Roosevelt Avenue, Springfield, MA, USA, 01104
Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.

Smith & Wesson Brands Headlines

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