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International Business Machines (WBO:IBM) Tax Rate % : 11.46% (As of Dec. 2024)


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What is International Business Machines Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. International Business Machines's Tax Expense for the three months ended in Dec. 2024 was €362 Mil. International Business Machines's Pre-Tax Income for the three months ended in Dec. 2024 was €3,157 Mil. Therefore, International Business Machines's Tax Rate % for the quarter that ended in Dec. 2024 was 11.46%.

International Business Machines Tax Rate % Historical Data

The historical data trend for International Business Machines'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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International Business Machines Tax Rate % Chart

International Business Machines Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.88 2.56 -54.15 13.53 -3.76

International Business Machines Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 12.61 -46.74 17.53 60.47 11.46

International Business Machines Tax Rate % Calculation

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

International Business Machines's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=-208.19/5536.135
=-3.76 %

International Business Machines's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=361.945/3157.23
=11.46 %

* 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.

International Business Machines Tax Rate % Related Terms

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International Business Machines Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » International Business Machines Corp (WBO:IBM) » Definitions » Tax Rate %
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Traded in Other Exchanges
IBM:USA IBM:Peru IBM:Mexico 1IBM:Italy IBMd:UK IBM:Germany IBM:Canada IBMB34:Brazil IBM:Argentina
Address
One New Orchard Road, Armonk, NY, USA, 10504
Website
https://www.ibm.com
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which include 95% of all Fortune 500 companies. Primary products include its mainframes, Red Hat software, transaction processing software, and IT consulting.