Mersen (STU:CBE) Tax Rate % : 24.09% (As of Dec. 2023)

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What is Mersen Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mersen's Tax Expense for the six months ended in Dec. 2023 was €13 Mil. Mersen's Pre-Tax Income for the six months ended in Dec. 2023 was €52 Mil. Therefore, Mersen's Tax Rate % for the quarter that ended in Dec. 2023 was 24.09%.

Mersen Tax Rate % Historical Data

The historical data trend for Mersen'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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Mersen Tax Rate % Chart

Mersen Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.04

269.23

24.16

23.64

23.37

Mersen 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															23.47	22.04	25.26	22.74	24.09

Mersen Tax Rate % Calculation

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

Mersen'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 )
	=	26.2	/	112.1
	=	23.37 %

Mersen'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 )
	=	12.6	/	52.3
	=	24.09 %

Mersen Tax Rate % Related Terms

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Mersen (STU:CBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mersen SA (STU:CBE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

0Q6Q:UK MRN:France CBE:Germany

Address

Tour Trinity, 1 bis place de la Defense, Courbevoie, FRA, 92400

Website

https://www.mersen.com

Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, the rest of Europe, the Asia-Pacific, and internationally. The business activity of the group functions through the Advanced Materials segment and Electrical Power segment. The Advanced Materials segment brings the businesses related to carbon materials - graphite specialties for high-temperature applications, anti-corrosion equipment designed primarily for chemicals and power transmission technologies, whereas the Electrical Power segment brings the businesses related to the electrical market - namely Solutions for Power Management and electrical protection and control, primarily fuses, industrial fuse holders, and surge protection solutions.

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