Konecranes Oyj (OHEL:KCR) Tax Rate % : 25.41% (As of Mar. 2024)

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What is Konecranes Oyj Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Konecranes Oyj's Tax Expense for the three months ended in Mar. 2024 was €20 Mil. Konecranes Oyj's Pre-Tax Income for the three months ended in Mar. 2024 was €80 Mil. Therefore, Konecranes Oyj's Tax Rate % for the quarter that ended in Mar. 2024 was 25.41%.

Konecranes Oyj Tax Rate % Historical Data

The historical data trend for Konecranes Oyj'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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Konecranes Oyj Tax Rate % Chart

Konecranes Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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30.13

27.88

23.43

27.37

25.03

Konecranes Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															27.01	26.97	25.48	22.32	25.41

Konecranes Oyj Tax Rate % Calculation

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

Konecranes Oyj'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 )
	=	92	/	367.6
	=	25.03 %

Konecranes Oyj'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 )
	=	20.2	/	79.5
	=	25.41 %

Konecranes Oyj Tax Rate % Related Terms

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Konecranes Oyj (OHEL:KCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Konecranes Oyj (OHEL:KCR) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

KNCRY:USA KNCRF:USA KCRh:UK 0MET:UK K34:Germany

Address

Koneenkatu 8, P.O. Box 661, Hyvinkaa, FIN, FI-05801

Website

https://www.konecranes.com

Konecranes Oyj provides lifting equipment and services for manufacturing industries, shipyards, ports, and terminals. It offers cranes, material handling solutions, and other components geared toward transporting and organizing supplies. Workstation lifting systems, trucks, and various hoists include advanced technologies to increase control and equipment capabilities. Products are marketed through various brands, and sales offices are in multiple regions. The company's global service network provides a full range of service solutions, specialized maintenance, and modernization services for equipment and tools. Inspections, spare parts, and preventive maintenance programs enhance efficiencies and extend product lifecycles.

Konecranes Oyj (OHEL:KCR) Headlines

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