GURUFOCUS.COM » STOCK LIST » Technology » Software » Fiserv Inc (FRA:FIV) » Definitions » Tax Rate %

Fiserv (FRA:FIV) Tax Rate % : 16.76% (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Fiserv Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fiserv's Tax Expense for the three months ended in Mar. 2024 was €141 Mil. Fiserv's Pre-Tax Income for the three months ended in Mar. 2024 was €840 Mil. Therefore, Fiserv's Tax Rate % for the quarter that ended in Mar. 2024 was 16.76%.


Fiserv Tax Rate % Historical Data

The historical data trend for Fiserv'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.

* Premium members only.

Fiserv Tax Rate % Chart

Fiserv 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 18.28 16.74 21.79 18.92 19.34

Fiserv 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 17.42 20.73 19.75 19.04 16.76

Fiserv Tax Rate % Calculation

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

Fiserv'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 )
=691.418/3574.466
=19.34 %

Fiserv'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 )
=140.76/839.96
=16.76 %

* 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.


Fiserv Tax Rate % Related Terms

Thank you for viewing the detailed overview of Fiserv's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fiserv (FRA:FIV) Business Description

Address
255 Fiserv Drive, Brookfield, WI, USA, 53045
Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for U.S. banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv also provides payment processing services for merchants. About 10% of the company's revenue is generated internationally.

Fiserv (FRA:FIV) Headlines

From GuruFocus