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Valeo (XPAR:FR) Tax Rate % : 33.97% (As of Jun. 2024)


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What is Valeo Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Valeo's Tax Expense for the six months ended in Jun. 2024 was €89 Mil. Valeo's Pre-Tax Income for the six months ended in Jun. 2024 was €262 Mil. Therefore, Valeo's Tax Rate % for the quarter that ended in Jun. 2024 was 33.97%.

Valeo Tax Rate % Historical Data

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

Valeo 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 40.03 -14.07 44.57 42.04 33.92

Valeo 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 119.75 27.34 29.49 37.97 33.97

Valeo Tax Rate % Calculation

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

Valeo'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 )
=154/454
=33.92 %

Valeo'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 )
=89/262
=33.97 %

* 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.

Valeo Tax Rate % Related Terms

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Valeo Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Valeo SA (XPAR:FR) » Definitions » Tax Rate %
Comparable Companies
XPAR:FRVIA XPAR:OPM XPAR:BUR XPAR:AKW XPAR:ALATI XPAR:ALDEL XPAR:PVL TSE:6902 TSE:5108 XPAR:ML SHSE:600660 GPC XKRX:012330 TSE:5802 MBLY NSE:MOTHERSON TSX:MG XTER:CON APTV SHSE:601689
Traded in Other Exchanges
VLEEY:USA VLEEF:USA FRp:UK 0RH5:UK VSA2:Germany FR:Austria
Address
100, rue de Courcelles, Cedex 17, Paris, FRA, 75017
Website
https://www.valeo.com
Based in France, Valeo is an automotive parts supplier that operates through four business segments, including powertrain systems (PTS, 31% of 2022 revenue), thermal systems (THS, 22%), comfort and driving assistance systems (CDA, 22%), and visibility systems (VIS, 25%). As of 2022, Valeo generated 84% of its revenue through original equipment sales and 11% of revenue through aftermarket parts. The firm's five largest automaker customers accounted for 53% of 2022 revenue. Europe is Valeo's largest geographic market at 45% of 2022 revenue, followed by Asia at 33%, and Americas at 22%.