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GE HealthCare Technologies (MEX:GEHC) Tax Rate % : 25.53% (As of Sep. 2024)


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What is GE HealthCare Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GE HealthCare Technologies's Tax Expense for the three months ended in Sep. 2024 was MXN3,308 Mil. GE HealthCare Technologies's Pre-Tax Income for the three months ended in Sep. 2024 was MXN12,956 Mil. Therefore, GE HealthCare Technologies's Tax Rate % for the quarter that ended in Sep. 2024 was 25.53%.

GE HealthCare Technologies Tax Rate % Historical Data

The historical data trend for GE HealthCare 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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GE HealthCare Technologies Tax Rate % Chart

GE HealthCare Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
19.61 24.06 20.87 22.41 31.47

GE HealthCare Technologies Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 39.31 31.69 24.22 24.74 25.53

GE HealthCare Technologies Tax Rate % Calculation

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

GE HealthCare 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 )
=12611.866/40076.2
=31.47 %

GE HealthCare 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 )
=3307.97/12956.217
=25.53 %

* 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.

GE HealthCare Technologies Tax Rate % Related Terms

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GE HealthCare Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » GE HealthCare Technologies Inc (MEX:GEHC) » Definitions » Tax Rate %
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Traded in Other Exchanges
GEHC:USA L0T:Germany
Address
500 West Monroe Street, Chicago, IL, USA, 60661
Website
https://www.gehealthcare.com
GE HealthCare Technologies is a leading medical technology firm with leading market share in imaging and ultrasound equipment. The company reports four major segments: imaging (54% of revenue), ultrasound (18%), patient care solutions (16%), and pharmaceutical diagnostics (12%). The company's sales are geographically diverse, with the United States, EMEA, China, and the rest of the world accounting for 44%, 26%, 14%, and 16% respectively. We estimate approximately half of its revenue is recurring, which consists of servicing (33% of revenue), pharmaceutical diagnostics (12%), and digital solutions (6%).