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Remy Cointreau (XPAR:RCO) Tax Rate % : 28.66% (As of Mar. 2024)


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What is Remy Cointreau Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Remy Cointreau's Tax Expense for the six months ended in Mar. 2024 was €29 Mil. Remy Cointreau's Pre-Tax Income for the six months ended in Mar. 2024 was €100 Mil. Therefore, Remy Cointreau's Tax Rate % for the quarter that ended in Mar. 2024 was 28.66%.


Remy Cointreau Tax Rate % Historical Data

The historical data trend for Remy Cointreau'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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Remy Cointreau Tax Rate % Chart

Remy Cointreau Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.36 35.08 31.13 28.44 27.41

Remy Cointreau Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 32.55 28.01 29.79 26.60 28.66

Remy Cointreau Tax Rate % Calculation

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

Remy Cointreau's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=69.4/253.2
=27.41 %

Remy Cointreau'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 )
=28.6/99.8
=28.66 %

* 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.


Remy Cointreau Tax Rate % Related Terms

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Remy Cointreau Business Description

Address
Rue Joseph Pataa, Ancienne rue de la Champagne, Cognac, FRA, 16100
Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and, in 2023, entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau Headlines

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