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SMNEY (Siemens Energy AG) Tax Rate % : -266.67% (As of Sep. 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 Sep. 2024 was $204 Mil. Siemens Energy AG's Pre-Tax Income for the three months ended in Sep. 2024 was $-77 Mil. Therefore, Siemens Energy AG's Tax Rate % for the quarter that ended in Sep. 2024 was -266.67%.


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 Sep24
Tax Rate %
Get a 7-Day Free Trial 12.93 -20.43 -17.91 -35.49 26.73

Siemens Energy AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -34.47 7.00 63.42 5.56 -266.67

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. 2024 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2024 )/Pre-Tax Income (A: Sep. 2024 )
=540.511/2022.198
=26.73 %

Siemens Energy AG'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 )
=204.218/-76.582
=-266.67 %

* 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.


Siemens Energy AG Tax Rate % Related Terms

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Siemens Energy AG Business Description

Address
Otto-Hahn-Ring 6, Munich, BY, DEU, 81739
Siemens Energy 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.