Sitio Royalties (FRA:SB9) Tax Rate % : 12.96% (As of Mar. 2024)

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What is Sitio Royalties Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sitio Royalties's Tax Expense for the three months ended in Mar. 2024 was €2.6 Mil. Sitio Royalties's Pre-Tax Income for the three months ended in Mar. 2024 was €19.8 Mil. Therefore, Sitio Royalties's Tax Rate % for the quarter that ended in Mar. 2024 was 12.96%.

Sitio Royalties Tax Rate % Historical Data

The historical data trend for Sitio Royalties'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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Sitio Royalties Tax Rate % Chart

Sitio Royalties Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-0.15

1.01

2.99

23.42

Sitio Royalties Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial								13.09	18.67	58.18	18.75	12.96

Sitio Royalties Tax Rate % Calculation

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

Sitio Royalties'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 )
	=	-13.098	/	-55.918
	=	23.42 %

Sitio Royalties'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 )
	=	2.561	/	19.758
	=	12.96 %

Sitio Royalties Tax Rate % Related Terms

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Sitio Royalties (FRA:SB9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sitio Royalties Corp (FRA:SB9) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

STR:USA

Address

1401 Lawrence Street, Suite 1750, Denver, CO, USA, 80202

Website

https://www.sitio.com

Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.

Sitio Royalties (FRA:SB9) Headlines

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