Nexans (LTS:0IGF) Tax Rate % : 29.14% (As of Dec. 2024)

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What is Nexans Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nexans's Tax Expense for the six months ended in Dec. 2024 was €44 Mil. Nexans's Pre-Tax Income for the six months ended in Dec. 2024 was €151 Mil. Therefore, Nexans's Tax Rate % for the quarter that ended in Dec. 2024 was 29.14%.

Nexans Tax Rate % Historical Data

The historical data trend for Nexans'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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Nexans Tax Rate % Chart

Nexans Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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57.81

30.38

26.55

23.29

28.89

Nexans Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Tax Rate %	Get a 7-Day Free Trial															43.82	25.14	20.35	28.74	29.14

Nexans Tax Rate % Calculation

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

Nexans'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 )
	=	115	/	398
	=	28.89 %

Nexans'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 )
	=	44	/	151
	=	29.14 %

Nexans Tax Rate % Related Terms

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Nexans Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nexans (LTS:0IGF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NXPRF:USA NEXNY:USA NEXp:UK NEX:France NXS:Germany NEX:Austria

Address

Nexans 4, allee de l'Arche, Courbevoie, FRA, 92400

Website

https://www.nexans.com

Nexans is a French company that manufactures and distributes cable products. The company operates through three segments. The Building and Territories segment provides reliable cabling systems and smart energy solutions enabling buildings and territories to be more efficient, sustainable, and people friendly. The generation and Transmission segment partners with its customers from the start of the cycle right through to the end (systems management) to help them find the cabling solution that is the best suited to their needs in terms of efficiency and reliability. Industry and Solutions: this segment provides support to OEMs and industrial infrastructure project managers in personalizing their cabling. Geographically France, Germany, and Norway are the three markets for the company.

Nexans Headlines

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