Carel Industries SpA (MIL:CRL) Tax Rate %: 23.02% (As of Mar. 2026)

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MIL:CRL Carel Industries SpA MIL:CRL
97 GF Score
Price €28.05
GF Value €24.02
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Carel Industries SpA Tax Rate %?

Carel Industries SpA MIL:CRL +1.26% 97 Tax Rate % is 23.02% as of Mar. 2026. GuruFocus rates MIL:CRL with a GF Score™ of 97/100 and a GF Value™ of €24.02 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Carel Industries SpA's Tax Expense for the three months ended in Mar. 2026 was €5.6 Mil. Carel Industries SpA's Pre-Tax Income for the three months ended in Mar. 2026 was €24.1 Mil. Therefore, Carel Industries SpA's Tax Rate % for the quarter that ended in Mar. 2026 was 23.02%.

Carel Industries SpA Tax Rate % Related Terms

Carel Industries SpA Tax Rate % Historical Data

* Premium members only.

The historical data trend for Carel Industries SpA'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.

Carel Industries SpA Tax Rate % Chart

Carel Industries SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.60 22.31 20.10 20.66 22.59

Carel Industries SpA Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 21.29 24.33 22.84 21.93 23.02
MIL:CRL
97GF Score
Carel Industries SpA MIL:CRL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Carel Industries SpA Tax Rate % Calculation

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

Carel Industries SpA's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=21.497/95.177
=22.59 %

Carel Industries SpA's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=5.552/24.119
=23.02 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 23.02% mean?
Carel Industries SpA (MIL:CRL) has a Tax Rate % of 23.02% as of Mar. 2026.
Is Carel Industries SpA's Tax Rate % too high?
Carel Industries SpA's current Tax Rate % is 23.02%. Overall, Carel Industries SpA has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carel Industries SpA's Tax Rate % compare to APH and GLW?
Carel Industries SpA's Tax Rate % of 23.02% can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Hardware company?
A good Tax Rate % depends on the Hardware industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Carel Industries SpA's current Tax Rate % is 23.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carel Industries SpA stock overvalued right now?
Based on GuruFocus' analysis, Carel Industries SpA (MIL:CRL) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.02, compared to a current price of €28.05 — trading 16.8% above its estimated fair value. The current Tax Rate % is 23.02%. Carel Industries SpA's overall GF Score™ is 97/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Carel Industries SpA (MIL:CRL), the current Tax Rate % is 23.02% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Carel Industries SpA (MIL:CRL) Overvalued in 2026?

Based on GuruFocus' analysis, Carel Industries SpA stock appears to be overvalued. The current stock price of €28.05 is trading 16.8% above its estimated GF Value™ of €24.02. GuruFocus considers Carel Industries SpA to be Modestly Overvalued.

Key valuation signals for MIL:CRL:

  • Tax Rate %: 23.02%
  • GF Value™: €24.02 vs. price of €28.05 (16.8% above fair value)
  • GF Score™: 97/100 with 5 warning signs

No single metric tells the full story. See the MIL:CRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Carel Industries SpA Business Description

Other Exchanges CRLm:UK0YQA:UKCIG:Germany
Address Via Dell\'Industria, 11, Brugine, Padova, ITA, 35020
Carel Industries SpA manufactures control systems and humidification for air conditioning and refrigeration. The group provides control solutions for the commercial, industrial, and residential air-conditioning and refrigeration (HVAC/R) markets. Its geographical segments are Europe, the Middle East and Africa, North America, South America, and APAC. The company's industrial applications for the air-conditioning sector are designed for data centers. Its products include programmable controls, room terminals, Isothermal Humidifiers, Sensors and protection devices, Sensors and protection devices, and others. The company derives maximum revenue from Europe, the Middle East, and Africa segment.
97GF Score

Get the complete analysis for MIL:CRL

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€28.05
Price
€24.02
GF Value