SAPMF (Saipem SpA) Tax Rate % : 39.60% (As of Sep. 2024)

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What is Saipem SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Saipem SpA's Tax Expense for the three months ended in Sep. 2024 was $44 Mil. Saipem SpA's Pre-Tax Income for the three months ended in Sep. 2024 was $112 Mil. Therefore, Saipem SpA's Tax Rate % for the quarter that ended in Sep. 2024 was 39.60%.

Saipem SpA Tax Rate % Historical Data

The historical data trend for Saipem SpA'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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Saipem SpA Tax Rate % Chart

Saipem SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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-14.68

-2.51

-94.44

43.94

38.31

Saipem SpA Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															21.71	37.36	39.60	39.60	37.11

Saipem SpA Tax Rate % Calculation

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

Saipem SpA'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 )
	=	158.124	/	359.869
	=	43.94 %

Saipem SpA's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	44.395	/	112.098
	=	39.60 %

Saipem SpA Tax Rate % Related Terms

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Saipem SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (OTCPK:SAPMF) » Definitions » Tax Rate %

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Traded in Other Exchanges

SAPMY:USA SPM:Italy SPMm:UK 0RPI:UK SPEA:Germany SPM2:Austria

Address

Via Luigi Russolo, 5, Milano, ITA, 20138

Website

https://www.saipem.com

Saipem SpA specializes in engineering and construction services for the oil and gas industries. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers the development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities. The company also engages in onshore engineering and construction, sustainable infrastructures, robotics and industrialized solutions; offshore engineering and construction, and wind activities.