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LY (YAHOY) Tax Rate % : 24.69% (As of Dec. 2023)


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What is LY Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. LY's Tax Expense for the three months ended in Dec. 2023 was $80 Mil. LY's Pre-Tax Income for the three months ended in Dec. 2023 was $325 Mil. Therefore, LY's Tax Rate % for the quarter that ended in Dec. 2023 was 24.69%.

LY Tax Rate % Historical Data

The historical data trend for LY'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.

LY Tax Rate % Chart

LY Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.92 35.12 37.51 42.20 19.58

LY Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.19 151.67 44.67 -21.08 24.69

LY Tax Rate % Calculation

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

LY's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2023 )/Pre-Tax Income (A: Mar. 2023 )
=344.557/1759.774
=19.58 %

LY's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=80.177/324.75
=24.69 %

* 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.

LY Tax Rate % Related Terms

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LY (YAHOY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » LY Corp (OTCPK:YAHOY) » Definitions » Tax Rate %
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Traded in Other Exchanges
YAHOF:USA 4689:Japan YOJ0:Germany YOJ:Germany YOJ:Germany
Address
Tokyo Kioicho Kioi Tower, 1-3 Kioicho Chiyoda Ward, Tokyo Garden Terrace, Tokyo, JPN, 102 - 8282
Website
https://www.lycorp.co.jp
LY Corp's portal site, Yahoo Japan, was one of the first internet services in Japan, and it has maintained its market-leading position in terms of monthly active user numbers and page views. In addition, the company offers a variety of internet services, including e-commerce, online travel, and online video. In October 2013, the firm began a new e-commerce strategy of waiving store tenant fees and sales royalty fees on its Yahoo Shopping service to compete with Rakuten and Amazon Japan. The company acquired Zozo in 2019 and integrates Line in 2021.

LY (YAHOY) Headlines

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