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WPP (WPP) Tax Rate % : 27.22% (As of Jun. 2024)


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What is WPP Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. WPP's Tax Expense for the six months ended in Jun. 2024 was $117 Mil. WPP's Pre-Tax Income for the six months ended in Jun. 2024 was $430 Mil. Therefore, WPP's Tax Rate % for the quarter that ended in Jun. 2024 was 27.22%.

WPP Tax Rate % Historical Data

The historical data trend for WPP'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.

WPP Tax Rate % Chart

WPP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.65 -4.55 24.20 33.14 43.06

WPP 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 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 28.07 36.01 26.92 66.27 27.22

WPP Tax Rate % Calculation

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

WPP'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 )
=188.734/438.354
=43.06 %

WPP'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 )
=117.048/430.025
=27.22 %

* 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.

WPP Tax Rate % Related Terms

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WPP Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WPP PLC (NYSE:WPP) » Definitions » Tax Rate %
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Traded in Other Exchanges
WPPGF:USA WPPN:Mexico WPPl:UK WPP:UK 0WP:Germany 0WPA:Germany 0WP:Germany W1PP34:Brazil
Address
18 Upper Ground, Sea Containers, London, GBR, SE1 9GL
Website
https://www.wpp.com
Headquartered in the United Kingdom, WPP is the world's largest ad holding company based on annual revenue. Its services, which include traditional and digital advertising, public relations, and consulting, are provided worldwide, with over 70% of its revenue coming from more developed regions such as North America, the UK, and Western Europe.