MAXN (Maxeon Solar Technologies) Tax Rate % : -5.05% (As of Sep. 2024)

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What is Maxeon Solar Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Maxeon Solar Technologies's Tax Expense for the three months ended in Sep. 2024 was $18.9 Mil. Maxeon Solar Technologies's Pre-Tax Income for the three months ended in Sep. 2024 was $-374.8 Mil. Therefore, Maxeon Solar Technologies's Tax Rate % for the quarter that ended in Sep. 2024 was -5.05%.

Maxeon Solar Technologies Tax Rate % Historical Data

The historical data trend for Maxeon Solar Technologies'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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Maxeon Solar Technologies Tax Rate % Chart

Maxeon Solar Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-6.19

-9.65

-0.08

-14.25

0.23

Maxeon Solar Technologies 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															2.35	5.07	-1.52	22.47	-5.05

Maxeon Solar Technologies Tax Rate % Calculation

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

Maxeon Solar Technologies'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 )
	=	-0.626	/	-273.526
	=	0.23 %

Maxeon Solar Technologies'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 )
	=	18.925	/	-374.805
	=	-5.05 %

Maxeon Solar Technologies Tax Rate % Related Terms

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Maxeon Solar Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Maxeon Solar Technologies Ltd (NAS:MAXN) » Definitions » Tax Rate %

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Traded in Other Exchanges

5QJ1:Germany

Address

8 Marina Boulevard, No. 05-02, Marina Bay Financial Centre, Singapore, SGP, 018981

Website

https://www.maxeon.com

Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, France, Italy, and others.