RNLSY (Renault) Tax Rate % : 19.20% (As of Jun. 2024)

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What is Renault Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Renault's Tax Expense for the six months ended in Jun. 2024 was $353 Mil. Renault's Pre-Tax Income for the six months ended in Jun. 2024 was $1,839 Mil. Therefore, Renault's Tax Rate % for the quarter that ended in Jun. 2024 was 19.20%.

Renault Tax Rate % Historical Data

The historical data trend for Renault'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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Renault Tax Rate % Chart

Renault Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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-5.51

50.98

24.62

18.43

42.07

Renault Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Tax Rate %	Get a 7-Day Free Trial															22.00	11.57	56.19	19.20	-187.65

Renault Tax Rate % Calculation

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

Renault'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 )
	=	570.338	/	3094.875
	=	18.43 %

Renault'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 )
	=	353.068	/	1838.536
	=	19.20 %

Renault Tax Rate % Related Terms

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Renault Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Renault SA (OTCPK:RNLSY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RNSDF:USA 1RNO:Italy RNOp:UK 0NQF:UK RNO:France RNL:Germany RNO:Austria

Address

13-15, quai Le Gallo, Boulogne, Billancourt, FRA, 92100

Website

http://www.renault.com

Renault manufactures and sells around 2.2 million vehicles per year. On a global scale, it is relatively small, with just over 2% market share. With around 80% of its revenue sourced from only three brands - Renault, Dacia, and Alpine - in Europe, the company is the third-largest player, with Renault being the second-largest single brand in Europe. Its alliance with Nissan allows it to leverage the scale of 6 million vehicles by sharing platform infrastructure, capacity, and R&D.