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Global Payments (WBO:GPN) Tax Rate % : 15.30% (As of Sep. 2024)


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What is Global Payments Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Global Payments's Tax Expense for the three months ended in Sep. 2024 was €52 Mil. Global Payments's Pre-Tax Income for the three months ended in Sep. 2024 was €338 Mil. Therefore, Global Payments's Tax Rate % for the quarter that ended in Sep. 2024 was 15.30%.

Global Payments Tax Rate % Historical Data

The historical data trend for Global Payments'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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Global Payments Tax Rate % Chart

Global Payments Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.01 12.99 16.18 74.31 17.87

Global Payments 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 14.11 2.52 5.94 17.34 15.30

Global Payments Tax Rate % Calculation

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

Global Payments'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 )
=191.671/1072.841
=17.87 %

Global Payments'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 )
=51.698/337.888
=15.30 %

* 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.

Global Payments Tax Rate % Related Terms

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Global Payments Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Payments Inc (WBO:GPN) » Definitions » Tax Rate %
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Traded in Other Exchanges
GPN:USA GPN:Mexico 1GPN:Italy 0IW7:UK GLO:Germany GLO:Germany
Address
3550 Lenox Road, Atlanta, GA, USA, 30326
Website
https://www.globalpaymentsinc.com
Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.