Salvatore Ferragamo SpA (WBO:SFER) Tax Rate % : 60.97% (As of Jun. 2024)

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What is Salvatore Ferragamo SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Salvatore Ferragamo SpA's Tax Expense for the six months ended in Jun. 2024 was €9 Mil. Salvatore Ferragamo SpA's Pre-Tax Income for the six months ended in Jun. 2024 was €15 Mil. Therefore, Salvatore Ferragamo SpA's Tax Rate % for the quarter that ended in Jun. 2024 was 60.97%.

Salvatore Ferragamo SpA Tax Rate % Historical Data

The historical data trend for Salvatore Ferragamo SpA'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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Salvatore Ferragamo SpA Tax Rate % Chart

Salvatore Ferragamo SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.41

10.05

29.60

35.40

42.45

Salvatore Ferragamo SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															29.78	73.62	37.18	58.11	60.97

Salvatore Ferragamo SpA Tax Rate % Calculation

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

Salvatore Ferragamo SpA'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 )
	=	19.349	/	45.584
	=	42.45 %

Salvatore Ferragamo SpA's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	8.981	/	14.729
	=	60.97 %

Salvatore Ferragamo SpA Tax Rate % Related Terms

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Salvatore Ferragamo SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Salvatore Ferragamo SpA (WBO:SFER) » Definitions » Tax Rate %

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Traded in Other Exchanges

SFRGY:USA SFRGF:USA SFER:Italy SFERm:UK 0P52:UK S9L:Germany

Address

Via dei Tornabuoni 2, Firenze, ITA, 50123

Website

http://www.ferragamo.com

Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 45% of revenue in the fragmented footwear category, 40% in leather goods, 6% in apparel, and 7% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 32% of sales and other emerging markets (8% of sales in Central and South America). Ferragamo generates 24% of revenue in Europe, 28% in the US, and 8% in Japan.

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