Resideo Technologies (FRA:3RT) Tax Rate % : 41.10% (As of Mar. 2024)

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What is Resideo Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Resideo Technologies's Tax Expense for the three months ended in Mar. 2024 was €28 Mil. Resideo Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was €67 Mil. Therefore, Resideo Technologies's Tax Rate % for the quarter that ended in Mar. 2024 was 41.10%.

Resideo Technologies Tax Rate % Historical Data

The historical data trend for Resideo Technologies'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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Resideo Technologies Tax Rate % Chart

Resideo Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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49.30

63.37

31.44

32.30

32.91

Resideo Technologies 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															29.63	46.81	43.24	18.81	41.10

Resideo Technologies Tax Rate % Calculation

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

Resideo Technologies'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 )
	=	94.451	/	287.021
	=	32.91 %

Resideo Technologies'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 )
	=	27.6	/	67.16
	=	41.10 %

Resideo Technologies Tax Rate % Related Terms

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Resideo Technologies (FRA:3RT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Resideo Technologies Inc (FRA:3RT) » Definitions » Tax Rate %

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REZI:USA

Address

16100 North 71st Street, Suite 550, Scottsdale, AZ, USA, 85254

Website

https://www.resideo.com

Resideo Technologies Inc is a manufacturer and developer of technology-driven products and components that provide critical comfort, energy management, and safety and security solutions. The company has two reportable segments; Products and Solutions segment offers temperature and humidity control, energy products and solutions, water and air solutions, smoke and carbon monoxide detection home safety products, security panels, sensors, peripherals, wire and cable, communications devices, video cameras, other home-related lifestyle convenience solutions, and ADI Global Distribution segment includes wholesale distributor of low-voltage security products including access control, fire detection, security, and video products. It derives a majority of its revenue from the United States.

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