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Spirax Group (Spirax Group) Tax Rate % : 22.61% (As of Dec. 2023)


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What is Spirax Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Spirax Group's Tax Expense for the six months ended in Dec. 2023 was $37 Mil. Spirax Group's Pre-Tax Income for the six months ended in Dec. 2023 was $165 Mil. Therefore, Spirax Group's Tax Rate % for the quarter that ended in Dec. 2023 was 22.61%.


Spirax Group Tax Rate % Historical Data

The historical data trend for Spirax Group'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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Spirax Group Tax Rate % Chart

Spirax Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.48 27.57 25.31 26.97 24.74

Spirax Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 23.40 29.82 24.65 27.19 22.61

Spirax Group Tax Rate % Calculation

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

Spirax Group'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 )
=76.582/309.494
=24.74 %

Spirax Group's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=37.342/165.19
=22.61 %

* 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.


Spirax Group Tax Rate % Related Terms

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Spirax Group (Spirax Group) Business Description

Traded in Other Exchanges
Address
Cirencester Road, Charlton House, Cheltenham, Gloucestershire, GBR, GL53 8ER
Spirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.

Spirax Group (Spirax Group) Headlines