Tecnicas Reunidas (XMAD:TRE) Tax Rate % : 33.30% (As of Dec. 2023)

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What is Tecnicas Reunidas Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tecnicas Reunidas's Tax Expense for the three months ended in Dec. 2023 was €9 Mil. Tecnicas Reunidas's Pre-Tax Income for the three months ended in Dec. 2023 was €28 Mil. Therefore, Tecnicas Reunidas's Tax Rate % for the quarter that ended in Dec. 2023 was 33.30%.

Tecnicas Reunidas Tax Rate % Historical Data

The historical data trend for Tecnicas Reunidas'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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Tecnicas Reunidas Tax Rate % Chart

Tecnicas Reunidas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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117.91

34.71

-6.86

-86.06

42.20

Tecnicas Reunidas 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															52.49	33.11	38.20	83.43	33.30

Tecnicas Reunidas Tax Rate % Calculation

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

Tecnicas Reunidas'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 )
	=	43.602	/	103.332
	=	42.20 %

Tecnicas Reunidas'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 )
	=	9.302	/	27.932
	=	33.30 %

Tecnicas Reunidas Tax Rate % Related Terms

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Tecnicas Reunidas (XMAD:TRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tecnicas Reunidas SA (XMAD:TRE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

0MKT:UK T5R:Germany TRE:Austria

Address

Arapiles Street, 14, Madrid, ESP, 28015

Website

http://www.tecnicasreunidas.es

Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.

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