Intel (BUE:INTC) Tax Rate % : 39.22% (As of Mar. 2024)

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What is Intel Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Intel's Tax Expense for the three months ended in Mar. 2024 was ARS-237,585 Mil. Intel's Pre-Tax Income for the three months ended in Mar. 2024 was ARS-605,758 Mil. Therefore, Intel's Tax Rate % for the quarter that ended in Mar. 2024 was 39.22%.

Intel Tax Rate % Historical Data

The historical data trend for Intel'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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Intel Tax Rate % Chart

Intel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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12.51

16.66

8.46

-3.21

-119.82

Intel 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															-139.03	280.51	696.15	4.59	39.22

Intel Tax Rate % Calculation

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

Intel'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 )
	=	-329593	/	275082
	=	-119.82 %

Intel'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 )
	=	-237585.004	/	-605757.51
	=	39.22 %

Intel Tax Rate % Related Terms

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Intel (BUE:INTC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Intel Corp (BUE:INTC) » Definitions » Tax Rate %

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Address

2200 Mission College Boulevard, Santa Clara, CA, USA, 95054-1549

Website

https://www.intel.com

Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.