Schneider Electric SE (WBO:SU) Tax Rate % : 23.50% (As of Jun. 2024)

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What is Schneider Electric SE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Schneider Electric SE's Tax Expense for the six months ended in Jun. 2024 was €667 Mil. Schneider Electric SE's Pre-Tax Income for the six months ended in Jun. 2024 was €2,838 Mil. Therefore, Schneider Electric SE's Tax Rate % for the quarter that ended in Jun. 2024 was 23.50%.

Schneider Electric SE Tax Rate % Historical Data

The historical data trend for Schneider Electric SE'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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Schneider Electric SE Tax Rate % Chart

Schneider Electric SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.99

22.70

23.25

25.67

23.78

Schneider Electric SE 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															27.11	24.53	25.03	22.50	23.50

Schneider Electric SE Tax Rate % Calculation

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

Schneider Electric SE'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 )
	=	1285	/	5403
	=	23.78 %

Schneider Electric SE'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 )
	=	667	/	2838
	=	23.50 %

Schneider Electric SE Tax Rate % Related Terms

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Schneider Electric SE Business Description

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Address

35, rue Joseph Monier - CS 30323, Rueil Malmaison Cedex, FRA, F-92506

Website

https://www.se.com

Schneider Electric is a leading global supplier of electrical and industrial automation equipment. The group has four end markets: buildings, data centers, infrastructure, and industry, each of which, relies on Schneider's products and solutions to ensure their operations run safely and efficiently. Schneider sells its products via distributors (45% of revenue), direct to customers (40% of revenue), and the remainder through other channels such as panel builders or system integrators. The group's largest geographic markets are the US, China, and India.