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Marvell Technology (WBO:MRVL) Tax Rate % : 9.89% (As of Oct. 2024)


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What is Marvell Technology Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Marvell Technology's Tax Expense for the three months ended in Oct. 2024 was €-68 Mil. Marvell Technology's Pre-Tax Income for the three months ended in Oct. 2024 was €-689 Mil. Therefore, Marvell Technology's Tax Rate % for the quarter that ended in Oct. 2024 was 9.89%.

Marvell Technology Tax Rate % Historical Data

The historical data trend for Marvell Technology'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.

* Premium members only.

Marvell Technology Tax Rate % Chart

Marvell Technology Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -98.45 13.94 12.93 292.13 -23.03

Marvell Technology Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 12.37 -349.83 -9.00 -32.22 9.89

Marvell Technology Tax Rate % Calculation

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

Marvell Technology's Tax Rate % for the fiscal year that ended in Jan. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jan. 2024 )/Pre-Tax Income (A: Jan. 2024 )
=160.375/-696.487
=-23.03 %

Marvell Technology's Tax Rate % for the quarter that ended in Oct. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Oct. 2024 )/Pre-Tax Income (Q: Oct. 2024 )
=-68.116/-688.959
=9.89 %

* 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.

Marvell Technology Tax Rate % Related Terms

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Marvell Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Marvell Technology Inc (WBO:MRVL) » Definitions » Tax Rate %
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Traded in Other Exchanges
MRVL:USA MRVL1:Mexico 19MW:Italy 0ACJ:UK 9MW:Germany 9MW:Germany 9MW:Germany
Address
1000 N. West Street, Suite 1200, Wilmington, DE, USA, 19801
Website
https://www.marvell.com
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.