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HP (MIL:1HPQ) Tax Rate % : 19.74% (As of Jan. 2025)


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What is HP Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. HP's Tax Expense for the three months ended in Jan. 2025 was €134 Mil. HP's Pre-Tax Income for the three months ended in Jan. 2025 was €680 Mil. Therefore, HP's Tax Rate % for the quarter that ended in Jan. 2025 was 19.74%.

HP Tax Rate % Historical Data

The historical data trend for HP'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.

* Premium members only.

HP Tax Rate % Chart

HP Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.33 13.57 27.57 -11.10 15.37

HP Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.56 23.84 22.61 -5.10 19.74

HP Tax Rate % Calculation

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

HP's Tax Rate % for the fiscal year that ended in Oct. 2024 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2024 )/Pre-Tax Income (A: Oct. 2024 )
=462.672/3010.122
=15.37 %

HP's Tax Rate % for the quarter that ended in Jan. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Jan. 2025 )/Pre-Tax Income (Q: Jan. 2025 )
=134.274/680.064
=19.74 %

* 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.

HP Tax Rate % Related Terms

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HP Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HP Inc (MIL:1HPQ) » Definitions » Tax Rate %
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Address
1501 Page Mill Road, Palo Alto, CA, USA, 94304
Website
https://www.hp.com
HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.

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