Grainger (LSE:GRI) Tax Rate % : 29.49% (As of Mar. 2024)

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What is Grainger Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grainger's Tax Expense for the six months ended in Mar. 2024 was £-9.2 Mil. Grainger's Pre-Tax Income for the six months ended in Mar. 2024 was £-31.2 Mil. Therefore, Grainger's Tax Rate % for the quarter that ended in Mar. 2024 was 29.49%.

Grainger Tax Rate % Historical Data

The historical data trend for Grainger'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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Grainger Tax Rate % Chart

Grainger Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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12.49

16.45

28.01

23.17

6.57

Grainger Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Tax Rate %	Get a 7-Day Free Trial															23.48	23.02	17.54	3.69	29.49

Grainger Tax Rate % Calculation

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

Grainger'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 )
	=	1.8	/	27.4
	=	6.57 %

Grainger'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 )
	=	-9.2	/	-31.2
	=	29.49 %

Grainger Tax Rate % Related Terms

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Grainger (LSE:GRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Grainger PLC (LSE:GRI) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GRGTF:USA GRIl:UK 1U4:Germany

Address

St James' Boulevard, Citygate, Newcastle upon Tyne, GBR, NE1 4JE

Website

https://www.graingerplc.co.uk

Grainger PLC owns, leases, and manages residential properties. The company derives the vast majority of its revenue through property sales and rental income. The business categorizes its operations into U.K. residential, retirement solutions, fund and third-party management, the U.K. and European development, German residential, and other. U.K. Residential represents the bulk of the group's revenue, with retirement solutions and the U.K and European development also contributing a substantial portion. The company also offers residential fund- and asset management services. The two segments for the company are PRS and Reversionary.