Salzgitter AG (Salzgitter AG) Tax Rate % : 12.79% (As of Mar. 2024)

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What is Salzgitter AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Salzgitter AG's Tax Expense for the three months ended in Mar. 2024 was $2 Mil. Salzgitter AG's Pre-Tax Income for the three months ended in Mar. 2024 was $19 Mil. Therefore, Salzgitter AG's Tax Rate % for the quarter that ended in Mar. 2024 was 12.79%.

Salzgitter AG Tax Rate % Historical Data

The historical data trend for Salzgitter 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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Salzgitter AG Tax Rate % Chart

Salzgitter AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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6.32

-39.46

16.95

12.85

14.39

Salzgitter AG 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															23.52	12.88	84.48	165.41	12.79

Salzgitter AG Tax Rate % Calculation

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

Salzgitter AG'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 )
	=	37.405	/	259.978
	=	14.39 %

Salzgitter AG'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 )
	=	2.391	/	18.696
	=	12.79 %

Salzgitter AG Tax Rate % Related Terms

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Salzgitter AG (Salzgitter AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Salzgitter AG (OTCPK:SZGPY) » Definitions » Tax Rate %

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Traded in Other Exchanges

SZGd:UK 0G77:UK SZG:Germany SZG:Germany SZG:Germany SZG:Germany

Address

Eisenhüttenstrasse 99, Salzgitter, DEU, 38239

Website

https://www.salzgitter-ag.com

Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.