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DMG Mori AG (XTER:GIL) Tax Rate % : 29.08% (As of Jun. 2024)


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What is DMG Mori AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. DMG Mori AG's Tax Expense for the six months ended in Jun. 2024 was €33 Mil. DMG Mori AG's Pre-Tax Income for the six months ended in Jun. 2024 was €113 Mil. Therefore, DMG Mori AG's Tax Rate % for the quarter that ended in Jun. 2024 was 29.08%.

DMG Mori AG Tax Rate % Historical Data

The historical data trend for DMG Mori AG'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.

DMG Mori AG Tax Rate % Chart

DMG Mori AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.38 29.53 30.42 29.63 29.06

DMG Mori AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 29.29 29.47 28.70 29.23 29.08

DMG Mori AG Tax Rate % Calculation

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

DMG Mori AG's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=62.832/216.186
=29.06 %

DMG Mori AG'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 )
=32.8/112.8
=29.08 %

* 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.

DMG Mori AG Tax Rate % Related Terms

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DMG Mori AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DMG Mori AG (XTER:GIL) » Definitions » Tax Rate %
Comparable Companies
XTER:EIN HKSE:00669 SNA SWK LECO RBC OSTO:SKF B TSE:6586 TTC XSWX:SFSN SZSE:002444 TKR TSE:9962 TPE:2049 OSTO:HUSQ A BOM:522113 NSE:SKFINDIA TSE:6141 SZSE:301029 BOM:532527
Traded in Other Exchanges
GIL:Germany GIL:Germany
Address
Gildemeisterstrasse 60, Bielefeld, DEU, D-33689
Website
https://www.dmgmori.com
DMG Mori AG is a manufacturer of metal-cutting machine tools. The company operates three business segments: machine tools, industrial services, and corporate services. The machine tools segment includes turning and milling companies that produce lathes and milling machines, technologies, and software solutions. Industrial solutions include the entire machine life cycle services. The end markets are Germany and the rest of Europe. The company is majority-owned by DMG Mori Company. The company earns maximum sales revenue from the Corporate services segment.