PARAA (Paramount Global) Tax Rate % : -32.17% (As of Dec. 2024)

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What is Paramount Global Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Paramount Global's Tax Expense for the three months ended in Dec. 2024 was $37 Mil. Paramount Global's Pre-Tax Income for the three months ended in Dec. 2024 was $-115 Mil. Therefore, Paramount Global's Tax Rate % for the quarter that ended in Dec. 2024 was -32.17%.

Paramount Global Tax Rate % Historical Data

The historical data trend for Paramount Global'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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Paramount Global Tax Rate % Chart

Paramount Global Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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17.00

12.41

17.93

28.81

4.94

Paramount Global Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															40.98	27.09	3.88	37.50	-32.17

Paramount Global Tax Rate % Calculation

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

Paramount Global's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	-305	/	-6177
	=	4.94 %

Paramount Global's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	37	/	-115
	=	-32.17 %

Paramount Global Tax Rate % Related Terms

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Paramount Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Paramount Global (NAS:PARAA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PARA:USA PARA:Mexico 0HQM:UK 0VV:Germany 0VVB:Germany 0VV:Germany 0VVB:Germany C1BS34:Brazil PARA:Austria

Address

1515 Broadway, New York, NY, USA, 10036

Website

https://www.paramount.com

Paramount Global operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes the Paramount+, Pluto TV, and BET+ streaming services. Much of the content on Paramount's streaming platforms is created by the production studios housed within the firm's other two business segments.