Raute Oyj (OHEL:RAUTE) Tax Rate % : 21.71% (As of Mar. 2024)

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What is Raute Oyj Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Raute Oyj's Tax Expense for the three months ended in Mar. 2024 was €0.4 Mil. Raute Oyj's Pre-Tax Income for the three months ended in Mar. 2024 was €1.6 Mil. Therefore, Raute Oyj's Tax Rate % for the quarter that ended in Mar. 2024 was 21.71%.

Raute Oyj Tax Rate % Historical Data

The historical data trend for Raute Oyj'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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Raute Oyj Tax Rate % Chart

Raute Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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16.91

25.91

-0.17

16.66

24.79

Raute Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															43.47	32.66	38.13	-29.07	21.71

Raute Oyj Tax Rate % Calculation

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

Raute Oyj'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 )
	=	0.445	/	1.795
	=	24.79 %

Raute Oyj'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 )
	=	0.351	/	1.617
	=	21.71 %

Raute Oyj Tax Rate % Related Terms

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Raute Oyj (OHEL:RAUTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Raute Oyj (OHEL:RAUTE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RAUA:Germany

Address

Rautetie 2, P.O. Box 69, Nastola, FIN, FI-15551

Website

https://www.raute.com

Raute Oyj is a technology and service company serving the wood products industry. The firm's products and services include plywood and veneer technology, Laminated Veneer Lumber technology, Mecano solutions, and others. It generates revenue from technology services, project deliveries LVL, and project deliveries, plywood. Geographically, it has its operational footprints in Africa, South America, Europe, North America, and Asia Pacific areas.

Raute Oyj (OHEL:RAUTE) Headlines

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