GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veralto Corp (FRA:RZ2) » Definitions » Tax Rate %

Veralto (FRA:RZ2) Tax Rate % : 26.40% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Veralto Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Veralto's Tax Expense for the three months ended in Mar. 2024 was €61 Mil. Veralto's Pre-Tax Income for the three months ended in Mar. 2024 was €230 Mil. Therefore, Veralto's Tax Rate % for the quarter that ended in Mar. 2024 was 26.40%.

Veralto Tax Rate % Historical Data

The historical data trend for Veralto'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.

Veralto Tax Rate % Chart

Veralto Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
23.79 17.77 24.08 23.45

Veralto Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.95 23.94 23.51 23.37 26.40

Veralto Tax Rate % Calculation

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

Veralto'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 )
=235.669/1005.032
=23.45 %

Veralto'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 )
=60.72/230
=26.40 %

* 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.

Veralto Tax Rate % Related Terms

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

Veralto (FRA:RZ2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veralto Corp (FRA:RZ2) » Definitions » Tax Rate %
Comparable Companies
ZWS FSS ATMU ERII PCT CECO SCWO SPEC ADES BNET XBRU:UMI TSE:6370 SZSE:300390 OSTO:MTRS SHSE:600388 SHSE:603279 TSE:6368 HKSE:00586 SZSE:000544 TSE:7004
Traded in Other Exchanges
VLTO:USA VLTO:Mexico
Address
c/o Danaher Corporation, Suite 800W, 2200 Pennsylvania Avenue, N.W, Washington DC, WA, USA, 20037
Website
http://www.veralto.com
Veralto Corp is company which is a global provider of essential technology solutions that safeguard many of the world's most vital resources. The company operates in two segments such as Water Quality and Product Quality & Innovation. Through WQ segment they improve the quality and reliability of water through leading brands including Hach, Trojan Technologies and ChemTreat. Through PQI segment they promote consumer trust in products and help enable product innovation through leading brands including Videojet, Linx, Esko, X-Rite and Pantone.

Veralto (FRA:RZ2) Headlines

No Headlines