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RLLWF (Reliance Worldwide) Tax Rate % : 31.99% (As of Jun. 2024)


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What is Reliance Worldwide Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Reliance Worldwide's Tax Expense for the six months ended in Jun. 2024 was $28 Mil. Reliance Worldwide's Pre-Tax Income for the six months ended in Jun. 2024 was $87 Mil. Therefore, Reliance Worldwide's Tax Rate % for the quarter that ended in Jun. 2024 was 31.99%.

Reliance Worldwide Tax Rate % Historical Data

The historical data trend for Reliance Worldwide'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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Reliance Worldwide Tax Rate % Chart

Reliance Worldwide Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial 34.17 30.87 29.82 26.95 29.63

Reliance Worldwide Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 28.99 32.25 21.32 26.70 31.99

Reliance Worldwide Tax Rate % Calculation

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

Reliance Worldwide's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=46.388/156.533
=29.63 %

Reliance Worldwide's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=27.802/86.92
=31.99 %

* 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.

Reliance Worldwide Tax Rate % Related Terms

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Reliance Worldwide Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reliance Worldwide Corp Ltd (OTCPK:RLLWF) » Definitions » Tax Rate %
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ASX:CSR ASX:OLH TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX MAS OSTO:NIBE B OC SZSE:002271 WMS HKSE:06865 FBIN BOM:509930
Traded in Other Exchanges
RWC:Australia
Address
140 William Street, Level 32, Melbourne, VIC, AUS, 3000
Website
https://www.rwc.com
Reliance manufactures behind-the-wall plumbing products, which include fittings, pipes, valves, fluid dispensers, pipe systems, and appliance connectors. Its main segment is the us, which comprises about three fourths of our midcycle EBITDA estimates. Other segments include EMEA and the Asia-Pacific, which contribute about 20% and less than 10%, respectively, of our midcycle EBITDA estimates. The firm is best known for its push-to-connect products, including the brands SharkBite in the us and John Guest in the United Kingdom. Reliance's primary target segment is the do-it-yourself market. Smaller sales segments include residential and commercial construction, and hot water system manufacturers, which use some Reliance products in manufacturing.