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American Axle & Mfg Holdings (FRA:AYA) Tax Rate % : 43.68% (As of Mar. 2024)


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What is American Axle & Mfg Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. American Axle & Mfg Holdings's Tax Expense for the three months ended in Mar. 2024 was €15 Mil. American Axle & Mfg Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was €33 Mil. Therefore, American Axle & Mfg Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 43.68%.

American Axle & Mfg Holdings Tax Rate % Historical Data

The historical data trend for American Axle & Mfg 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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American Axle & Mfg Holdings Tax Rate % Chart

American Axle & Mfg 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 9.17 8.06 -391.71 3.02 -37.15

American Axle & Mfg Holdings 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 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 - 39.85 10.31 -43.61 43.68

American Axle & Mfg Holdings Tax Rate % Calculation

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

American Axle & Mfg 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 )
=8.345/-22.466
=-37.15 %

American Axle & Mfg Holdings'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 )
=14.628/33.488
=43.68 %

* 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.

American Axle & Mfg Holdings Tax Rate % Related Terms

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American Axle & Mfg Holdings (FRA:AYA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » American Axle & Mfg Holdings Inc (FRA:AYA) » Definitions » Tax Rate %
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Traded in Other Exchanges
AXL:USA
Address
One Dauch Drive, Detroit, MI, USA, 48211-1198
Website
https://www.aam.com
American Axle & Mfg Holdings Inc is engaged in manufacturing, engineering, designing and validation of driveline systems and related components and chassis modules for light trucks, SUVs, crossover vehicles, passenger cars, and commercial vehicles. The company's segment includes Driveline and Metal Forming. It generates maximum revenue from the Driveline segment.

American Axle & Mfg Holdings (FRA:AYA) Headlines

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