Dell-VMWare Tracking Stock (XTER:12D) Tax Rate %: 3.19% (As of Oct. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Dell-VMWare Tracking Stock Tax Rate %?

Dell-VMWare Tracking Stock XTER:12D Tax Rate % is 3.19% as of Oct. 2018.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Dell-VMWare Tracking Stock's Tax Expense for the three months ended in Oct. 2018 was €9.57 Mil. Dell-VMWare Tracking Stock's Pre-Tax Income for the three months ended in Oct. 2018 was €300.15 Mil. Therefore, Dell-VMWare Tracking Stock's Tax Rate % for the quarter that ended in Oct. 2018 was 3.19%.


Dell-VMWare Tracking Stock Tax Rate % Related Terms


Dell-VMWare Tracking Stock Tax Rate % Historical Data

* Premium members only.

The historical data trend for Dell-VMWare Tracking Stock'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.

Dell-VMWare Tracking Stock Tax Rate % Chart

Dell-VMWare Tracking Stock Annual Data
Trend Jan17 Jan18
Tax Rate %
0.00 68.35

Dell-VMWare Tracking Stock Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
Tax Rate % Get a 7-Day Free Trial Premium Member Only 4.36 177.49 19.83 16.58 3.19

Dell-VMWare Tracking Stock Tax Rate % Calculation

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

Dell-VMWare Tracking Stock's Tax Rate % for the fiscal year that ended in Jan. 2018 is calculated as

Tax Rate %=Tax Expense (A: Jan. 2018 )/Pre-Tax Income (A: Jan. 2018 )
=1009.42/1476.82
=68.35 %

Dell-VMWare Tracking Stock's Tax Rate % for the quarter that ended in Oct. 2018 is calculated as

Tax Rate %=Tax Expense (Q: Oct. 2018 )/Pre-Tax Income (Q: Oct. 2018 )
=9.57/300.15
=3.19 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 3.19% mean?
Dell-VMWare Tracking Stock (XTER:12D) has a Tax Rate % of 3.19% as of Oct. 2018.
Is Dell-VMWare Tracking Stock's Tax Rate % too high?
Dell-VMWare Tracking Stock's current Tax Rate % is 3.19%.
How does Dell-VMWare Tracking Stock's Tax Rate % compare to CA and CTXS?
Dell-VMWare Tracking Stock's Tax Rate % of 3.19% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Dell-VMWare Tracking Stock's current Tax Rate % is 3.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dell-VMWare Tracking Stock stock overvalued right now?
Dell-VMWare Tracking Stock (XTER:12D) has a current Tax Rate % of 3.19%. The current Tax Rate % is 3.19%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Dell-VMWare Tracking Stock (XTER:12D), the current Tax Rate % is 3.19% as of Oct. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dell-VMWare Tracking Stock Business Description

Dell-VMWare Tracking Stock was incorporated in the state of Delaware on January 31, 2013 under the name of Denali Holding Inc. It changed its name to Dell Technologies Inc. on August 25, 2016. On September 7, 2016, a merger subsidiary of Dell Technologies merged with and into EMC Corporation, with EMC Corporation surviving the merger as a wholly-owned subsidiary of Dell Technologies. The company has issued a tracking stock to track the performance of a portion of Dell Technologies' economic interest in the VMware business. It is an information technology company. The company offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multi-cloud, multi-device environments.