Siemens Energy AG (Siemens Energy AG) Tax Rate % : 63.42% (As of Mar. 2024)

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What is Siemens Energy AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Siemens Energy AG's Tax Expense for the three months ended in Mar. 2024 was $205 Mil. Siemens Energy AG's Pre-Tax Income for the three months ended in Mar. 2024 was $324 Mil. Therefore, Siemens Energy AG's Tax Rate % for the quarter that ended in Mar. 2024 was 63.42%.

Siemens Energy AG Tax Rate % Historical Data

The historical data trend for Siemens Energy AG'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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Siemens Energy AG Tax Rate % Chart

Siemens Energy AG Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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11.04

12.93

-20.43

-17.91

-35.49

Siemens Energy AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-331.82	-34.02	-34.62	7.00	63.42

Siemens Energy AG Tax Rate % Calculation

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

Siemens Energy AG's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	1282.818	/	-3614.728
	=	-35.49 %

Siemens Energy AG's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	205.435	/	323.913
	=	63.42 %

Siemens Energy AG Tax Rate % Related Terms

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Siemens Energy AG (Siemens Energy AG) Business Description

Industry

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Address

Otto-Hahn-Ring 6, Munich, BY, DEU, 81739

Website

https://www.siemens-energy.com

Siemens Energy AG manufactures a wide range of equipment used to generate and transmit energy. The group is a product of the spinout from Siemens AG in 2020, consisting of the power and gas segment and Siemens Gamesa, although its operations go back over 150 years. Approximately one sixth of global electricity generation is based on its technology.