NORMA Group SE (LTS:0P38) Tax Rate % : 40.29% (As of Sep. 2024)

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What is NORMA Group SE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NORMA Group SE's Tax Expense for the three months ended in Sep. 2024 was €4 Mil. NORMA Group SE's Pre-Tax Income for the three months ended in Sep. 2024 was €10 Mil. Therefore, NORMA Group SE's Tax Rate % for the quarter that ended in Sep. 2024 was 40.29%.

NORMA Group SE Tax Rate % Historical Data

The historical data trend for NORMA Group SE'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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NORMA Group SE Tax Rate % Chart

NORMA Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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28.01

-1.80

29.61

38.71

47.77

NORMA Group SE 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															45.17	76.45	40.74	52.45	40.29

NORMA Group SE Tax Rate % Calculation

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

NORMA Group SE'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 )
	=	25.537	/	53.453
	=	47.77 %

NORMA Group SE'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 )
	=	4.125	/	10.238
	=	40.29 %

NORMA Group SE Tax Rate % Related Terms

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NORMA Group SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NORMA Group SE (LTS:0P38) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NOEJ:Germany NOEJ:Austria

Address

Edisonstrasse 4, Maintal, DEU, 63477

Website

https://www.normagroup.com

NORMA Group SE manufactures a wide range of joining technology solutions. Its products are Quick Connectors, Hose Clamps, Retaining Clamps, and PIPE Couplings. The components and finished solutions are used in various industries and can be found in vehicles, household appliances, engines, plumbing systems, and medical fields. Its products include Carbon Steel, Stainless Steel, and Plastic/Rubber. It supplies single-component, multi-component, and complex systems to meet customer requirements. Its operating business is managed by the three regional segments EMEA, Americas, and Asia-Pacific.

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