TXT e-solutions SpA (MIL:TXT) Tax Rate % : 27.90% (As of Mar. 2024)

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What is TXT e-solutions SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TXT e-solutions SpA's Tax Expense for the three months ended in Mar. 2024 was €1.6 Mil. TXT e-solutions SpA's Pre-Tax Income for the three months ended in Mar. 2024 was €5.7 Mil. Therefore, TXT e-solutions SpA's Tax Rate % for the quarter that ended in Mar. 2024 was 27.90%.

TXT e-solutions SpA Tax Rate % Historical Data

The historical data trend for TXT e-solutions 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.

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TXT e-solutions SpA Tax Rate % Chart

TXT e-solutions SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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80.65

19.77

23.95

25.99

26.21

TXT e-solutions SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															27.89	34.13	24.94	19.41	27.90

TXT e-solutions SpA Tax Rate % Calculation

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

TXT e-solutions SpA'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 )
	=	5.511	/	21.023
	=	26.21 %

TXT e-solutions SpA's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	1.589	/	5.696
	=	27.90 %

TXT e-solutions SpA Tax Rate % Related Terms

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TXT e-solutions SpA (MIL:TXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TXT e-solutions SpA (MIL:TXT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TXE:Germany

Address

Via Milano, No. 150, Cologno Monzese, Milan, ITA, 20093

Website

https://www.txtgroup.com

TXT e-solutions SpA is an Italy-based company. The company provides software and service solutions. Its products are used in the information technology sector (IT). The company business units include aerospace and aviation and Fintech. It generates maximum revenue from Aerospace, A&A segment. Geographically, it has a presence in Italy, Germany, the United Kingdom, France, Switzerland, and the USA.