GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Solaris Oilfield Infrastructure Inc (STU:68S) » Definitions » Tax Rate %

Solaris Oilfield Infrastructure (STU:68S) Tax Rate % : 20.28% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Solaris Oilfield Infrastructure Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Solaris Oilfield Infrastructure's Tax Expense for the three months ended in Mar. 2024 was €1.7 Mil. Solaris Oilfield Infrastructure's Pre-Tax Income for the three months ended in Mar. 2024 was €8.4 Mil. Therefore, Solaris Oilfield Infrastructure's Tax Rate % for the quarter that ended in Mar. 2024 was 20.28%.


Solaris Oilfield Infrastructure Tax Rate % Historical Data

The historical data trend for Solaris Oilfield Infrastructure'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.

* Premium members only.

Solaris Oilfield Infrastructure Tax Rate % Chart

Solaris Oilfield Infrastructure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 15.78 14.93 -98.75 18.89 16.78

Solaris Oilfield Infrastructure 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 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 17.24 17.84 14.59 16.44 20.28

Solaris Oilfield Infrastructure Tax Rate % Calculation

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

Solaris Oilfield Infrastructure'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 )
=7.171/42.728
=16.78 %

Solaris Oilfield Infrastructure'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 )
=1.708/8.424
=20.28 %

* 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.


Solaris Oilfield Infrastructure Tax Rate % Related Terms

Thank you for viewing the detailed overview of Solaris Oilfield Infrastructure's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Solaris Oilfield Infrastructure (STU:68S) Business Description

Traded in Other Exchanges
Address
9811 Katy Freeway, Suite 700, Houston, TX, USA, 77024
Solaris Oilfield Infrastructure Inc provides oilfield products, services and infrastructure to enhance drilling, completions, efficiency and safety in North American shale plays. The company manufactures and provides its patented mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites. Its systems reduce the customers' cost and time to complete wells by improving the efficiency of proppant logistics, in addition to enhancing well site safety. Its customers include oil and natural gas exploration and production companies as well as oilfield service companies. The company generates revenue primarily through the rental of its systems and related services, including transportation of systems and field supervision and support.

Solaris Oilfield Infrastructure (STU:68S) Headlines

No Headlines