Wartsila (Wartsila) Tax Rate % : 27.12% (As of Mar. 2024)

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What is Wartsila Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wartsila's Tax Expense for the three months ended in Mar. 2024 was $35 Mil. Wartsila's Pre-Tax Income for the three months ended in Mar. 2024 was $128 Mil. Therefore, Wartsila's Tax Rate % for the quarter that ended in Mar. 2024 was 27.12%.

Wartsila Tax Rate % Historical Data

The historical data trend for Wartsila'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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Wartsila Tax Rate % Chart

Wartsila Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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30.79

30.37

34.80

-81.25

26.10

Wartsila Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															27.38	45.28	23.36	20.00	27.12

Wartsila Tax Rate % Calculation

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

Wartsila'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 )
	=	103.599	/	396.947
	=	26.10 %

Wartsila's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	34.783	/	128.261
	=	27.12 %

Wartsila Tax Rate % Related Terms

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Wartsila (Wartsila) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wartsila Corp (OTCPK:WRTBF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

WRTBY:USA WRT1Vh:UK 0IKJ:UK WRT1V:Finland MTA:Germany

Address

Hiililaiturinkuja 2, Helsinki, FIN, FI-00180

Website

https://www.wartsila.com

Wartsila is a global manufacturer of critical equipment and services for the marine and energy markets with operations in over 70 countries. Approximately one half of the group's sales are derived from the sale of services and spare parts through its network of 258 sales and service network locations. Wartsila is listed on the Nasdaq Helsinki exchange in Finland. Approximately 1 in 3 oceangoing vessels has a Wartsila solution on board, translating into an installed base of over 50,000 vessels and 10,000 customers.

Wartsila (Wartsila) Headlines

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