Continental AG (LTS:0LQ1) Tax Rate % : 26.59% (As of Sep. 2024)

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What is Continental AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Continental AG's Tax Expense for the three months ended in Sep. 2024 was €180 Mil. Continental AG's Pre-Tax Income for the three months ended in Sep. 2024 was €677 Mil. Therefore, Continental AG's Tax Rate % for the quarter that ended in Sep. 2024 was 26.59%.

Continental AG Tax Rate % Historical Data

The historical data trend for Continental AG'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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Continental AG Tax Rate % Chart

Continental AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-98.95

8.17

21.28

79.85

26.21

Continental AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															10.98	35.02	368.42	30.44	26.59

Continental AG Tax Rate % Calculation

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

Continental AG's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	424.1	/	1618
	=	26.21 %

Continental AG's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	180	/	677
	=	26.59 %

Continental AG Tax Rate % Related Terms

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Continental AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Continental AG (LTS:0LQ1) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CTTAY:USA CTTAF:USA CTT:Romania 1CON:Italy CONd:UK CON:Germany CON:Bulgaria

Address

Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, DEU, 30175

Website

https://www.continental.com

Continental is a global auto supplier and tiremaker. Operating segments include the automotive group (electrical architecture and networking, autonomous mobility, safety and motion, smart mobility, and user experience), tires, and ContiTech which uses rubber in industrial and automotive components and systems. Last year, automotive group revenue was around 49% of the total, tire was 34%, ContiTech was 16%, and contract manufacturing for Vitesco was 1%. The top five customers include Ford, Mercedes-Benz, the Renault-Nissan-Mitsubishi alliance, Stellantis, and Volkswagen, representing about 34% of total revenue. Europe, at 49% of total revenue, is the company's largest market, followed by North America at 27%, Asia (mostly China) at 21%, and 4% in other regions.

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