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Textainer Group Holdings (Textainer Group Holdings) Tax Rate % : 4.16% (As of Dec. 2023)


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What is Textainer Group Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Textainer Group Holdings's Tax Expense for the three months ended in Dec. 2023 was $1.7 Mil. Textainer Group Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $41.9 Mil. Therefore, Textainer Group Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 4.16%.

Textainer Group Holdings Tax Rate % Historical Data

The historical data trend for Textainer Group Holdings'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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Textainer Group Holdings Tax Rate % Chart

Textainer Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 -0.51 0.62 2.38 2.70

Textainer Group Holdings 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 2.92 2.46 2.33 2.21 4.16

Textainer Group Holdings Tax Rate % Calculation

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

Textainer Group Holdings'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 )
=5.69/210.36
=2.70 %

Textainer Group Holdings'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 )
=1.744/41.873
=4.16 %

* 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.

Textainer Group Holdings Tax Rate % Related Terms

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Textainer Group Holdings (Textainer Group Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Textainer Group Holdings Ltd (NYSE:TGH) » Definitions » Tax Rate %
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HEES HTZ CTOS VSTS PRG MGRC GSL CAR ALTG WLFC URI LSE:AHT AER UHAL BSP:RENT3 WSC TSX:EFN FTAI HKSE:02588 TSE:8439
Traded in Other Exchanges
TXT:South Africa TGHpB.PFD:USA TGHpA.PFD:USA 3T7:Germany
Address
16 Par-La-Ville Road, Century House, Hamilton, BMU, HM 08
Website
https://www.textainer.com
Textainer Group Holdings Ltd is an intermodal container leasing company providing customers globally, including international shipping lines and other leases. The company's operating segments are Container Ownership, Container Management, and Container Resale. Its geographical segments are Asia, Europe, North/South America, and other international countries. Textainer generates the majority of its revenue from lease rental income.