RNECF (Renesas Electronics) Tax Rate % : 24.05% (As of Dec. 2024)

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What is Renesas Electronics Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Renesas Electronics's Tax Expense for the three months ended in Dec. 2024 was $39 Mil. Renesas Electronics's Pre-Tax Income for the three months ended in Dec. 2024 was $164 Mil. Therefore, Renesas Electronics's Tax Rate % for the quarter that ended in Dec. 2024 was 24.05%.

Renesas Electronics Tax Rate % Historical Data

The historical data trend for Renesas Electronics'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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Renesas Electronics Tax Rate % Chart

Renesas Electronics Annual Data

Trend

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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29.89

16.14

29.12

20.10

16.83

Renesas Electronics 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															16.23	12.77	19.57	16.66	24.05

Renesas Electronics Tax Rate % Calculation

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

Renesas Electronics'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 )
	=	288.731	/	1715.27
	=	16.83 %

Renesas Electronics'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 )
	=	39.463	/	164.068
	=	24.05 %

Renesas Electronics Tax Rate % Related Terms

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Renesas Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Renesas Electronics Corp (OTCPK:RNECF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RNECY:USA 6723:Japan NEN:Germany

Address

Toyosu Foresia, 3-2-24, Toyosu, Koto-ku, Tokyo, JPN, 135-0061

Website

http://www.renesas.com

Headquartered in Tokyo, Japan, Renesas Electronics Corp is an integrated device manufacturer, or IDM, selling semiconductors including microcontrollers, systems on chips, and other analog chips. The company was a combination of parts of the electronics businesses of Hitachi, Mitsubishi, NEC Electronics. Renesas' manufacturing sites are located in Japan, China, and Malaysia. It employs 21,204 people as of Dec. 31, 2023.