Tesco (TSCDY) Tax Rate % : 26.58% (As of Aug. 2024)

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What is Tesco Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tesco's Tax Expense for the six months ended in Aug. 2024 was $479 Mil. Tesco's Pre-Tax Income for the six months ended in Aug. 2024 was $1,803 Mil. Therefore, Tesco's Tax Rate % for the quarter that ended in Aug. 2024 was 26.58%.

Tesco Tax Rate % Historical Data

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

Tesco Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Tax Rate %

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28.21

16.35

25.09

25.40

22.94

Tesco Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Tax Rate %	Get a 7-Day Free Trial															36.36	16.46	23.60	22.25	26.58

Tesco Tax Rate % Calculation

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

Tesco's Tax Rate % for the fiscal year that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Feb. 2024 )	/	Pre-Tax Income (A: Feb. 2024 )
	=	662.879	/	2890.152
	=	22.94 %

Tesco's Tax Rate % for the quarter that ended in Aug. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Aug. 2024 )	/	Pre-Tax Income (Q: Aug. 2024 )
	=	479.275	/	1803.109
	=	26.58 %

Tesco Tax Rate % Related Terms

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Tesco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tesco PLC (OTCPK:TSCDY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TSCDF:USA TSCOl:UK TSCO:UK TCO0:Germany

Address

Kestrel Way, Tesco House, Shire Park, Welwyn Garden, GBR, AL7 1GA

Website

https://www.tescoplc.com

Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. It recently sold its Asia business. According to Kantar, Tesco is the market leader in the UK with a share around 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the UK, the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.