Associated British Foods (Associated British Foods) Tax Rate % : 23.04% (As of Feb. 2024)

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What is Associated British Foods Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Associated British Foods's Tax Expense for the six months ended in Feb. 2024 was $256 Mil. Associated British Foods's Pre-Tax Income for the six months ended in Feb. 2024 was $1,112 Mil. Therefore, Associated British Foods's Tax Rate % for the quarter that ended in Feb. 2024 was 23.04%.

Associated British Foods Tax Rate % Historical Data

The historical data trend for Associated British Foods'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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Associated British Foods Tax Rate % Chart

Associated British Foods Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Tax Rate %

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23.61

32.22

31.31

33.09

20.30

Associated British Foods Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Tax Rate %	Get a 7-Day Free Trial															23.78	46.49	15.84	24.43	23.04

Associated British Foods Tax Rate % Calculation

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

Associated British Foods's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Aug. 2023 )	/	Pre-Tax Income (A: Aug. 2023 )
	=	345.616	/	1702.668
	=	20.30 %

Associated British Foods's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2024 )	/	Pre-Tax Income (Q: Feb. 2024 )
	=	256.313	/	1112.374
	=	23.04 %

Associated British Foods Tax Rate % Related Terms

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Associated British Foods (Associated British Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Associated British Foods PLC (OTCPK:ASBFY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ASBFF:USA ABFl:UK ABF:UK AFO1:Germany AFO2:Germany AFO1:Germany

Address

10 Grosvenor Street, Weston Centre, London, GBR, W1K 4QY

Website

https://www.abf.co.uk

Associated British Foods is a diversified international retail, food, and ingredients group with 130,000 employees and operations in 50 countries across Europe, southern Africa, the Americas, Asia, and Australia. The group sells branded grocery products, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the popular Primark clothing retail chain. It also supplies ingredients like baker's yeast, enzymes, lipids, and cereal specialities. Some 40% of sales are in the U.K., and Primark generates more than half of the firm's operating profit.

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