Driver Group (LSE:DRV) Tax Rate % : -155.07% (As of Sep. 2023)

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What is Driver Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Driver Group's Tax Expense for the six months ended in Sep. 2023 was £0.11 Mil. Driver Group's Pre-Tax Income for the six months ended in Sep. 2023 was £-0.07 Mil. Therefore, Driver Group's Tax Rate % for the quarter that ended in Sep. 2023 was -155.07%.

Driver Group Tax Rate % Historical Data

The historical data trend for Driver Group'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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Driver Group Tax Rate % Chart

Driver Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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15.32

22.97

40.11

-23.49

71.53

Driver Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Tax Rate %	Get a 7-Day Free Trial															45.27	237.69	-7.23	40.75	-155.07

Driver Group Tax Rate % Calculation

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

Driver Group's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	0.314	/	0.439
	=	71.53 %

Driver Group's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	0.107	/	-0.069
	=	-155.07 %

Driver Group Tax Rate % Related Terms

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Driver Group (LSE:DRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Driver Group PLC (LSE:DRV) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

125 Old Broad Street, Suite 706-708, Floor 7, London, GBR, EC2N 1AR

Website

https://www.driver-group.com

Driver Group PLC provides consultancy services to the engineering and construction industries. The business activity of the group is primarily operated through divisions such as Europe and the Americas; Asia Pacific; Middle East. Geographically, it derives a majority of its revenue from the United Kingdom and can be seen across the region of Oman, France, Qatar, Germany, Kuwait, China, the US, Canada, and others. It offers quantity surveying, quantum and planning experts, litigation support, contract administration, and commercial advice/management services; and capital investment consultancy services, including development, project, and contracting management services.