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Grammer AG (WBO:GMM) Tax Rate % : -23.08% (As of Sep. 2024)


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What is Grammer AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grammer AG's Tax Expense for the three months ended in Sep. 2024 was €8 Mil. Grammer AG's Pre-Tax Income for the three months ended in Sep. 2024 was €-36 Mil. Therefore, Grammer AG's Tax Rate % for the quarter that ended in Sep. 2024 was -23.08%.

Grammer AG Tax Rate % Historical Data

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

Grammer AG 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 31.60 8.50 90.38 -25.17 62.80

Grammer AG 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 13.08 13.40 -23.16 57.27 -23.08

Grammer AG Tax Rate % Calculation

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

Grammer 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 )
=5.763/9.177
=62.80 %

Grammer AG'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 )
=8.259/-35.783
=-23.08 %

* 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.

Grammer AG Tax Rate % Related Terms

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Grammer AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Grammer AG (WBO:GMM) » Definitions » Tax Rate %
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Traded in Other Exchanges
GMM:Germany
Address
Grammer-Allee 2, Ursensollen, BY, DEU, 92289
Website
https://www.grammer.com
Grammer AG is a company that is engaged in developing and manufacturing components and systems for car interiors. It is active in producing auto parts including seats for heavy and off-road vehicles and cars. It manages its business in two segments namely Automotive and Commercial segments. The automotive division supplies interior components such as headrests. armrests and centre console and other spare parts. It also sells driver seats for offroad vehicles such as tractors, construction machinery and forklifts. The company operates its business globally. It earns the majority of its revenue from EMEA region followed by Americas and from APAC region as well.