GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Titan International Inc (STU:TZ4) » Definitions » Tax Rate %

Titan International (STU:TZ4) Tax Rate % : -244.40% (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Titan International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Titan International's Tax Expense for the three months ended in Sep. 2024 was €12 Mil. Titan International's Pre-Tax Income for the three months ended in Sep. 2024 was €-5 Mil. Therefore, Titan International's Tax Rate % for the quarter that ended in Sep. 2024 was -244.40%.


Titan International Tax Rate % Historical Data

The historical data trend for Titan International'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.

Titan International Tax Rate % Chart

Titan International 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 -7.23 -11.95 2.25 11.45 23.73

Titan International 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 19.35 64.41 49.40 81.87 -244.40

Titan International Tax Rate % Calculation

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

Titan International'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 )
=23.881/100.639
=23.73 %

Titan International'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 )
=11.636/-4.761
=-244.40 %

* 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.


Titan International Tax Rate % Related Terms

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


Titan International Business Description

Traded in Other Exchanges
Address
1525 Kautz Road, Suite 600, West Chicago, IL, USA, 60185
Titan International Inc is a manufacturer of wheels, tires, wheel and tire assemblies, and undercarriage systems and components for off-highway vehicles. The company operates through three segments namely Agricultural, Earthmoving/Construction, and Consumer. Geographically, business of the group can be seen in the United States, Europe / CIS, Latin America and Other international. Titan derives majority of the revenue from Agricultural segment which manufacture various agricultural equipment, including tractors, combines, plows, planters and irrigation equipment, and are sold directly to original equipment manufacturers and to the aftermarket through independent distributors, equipment dealers and Titan's own distribution centers.

Titan International Headlines

No Headlines