InterDigital (LTS:0U3Q) Tax Rate % : 19.21% (As of Mar. 2024)

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What is InterDigital Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. InterDigital's Tax Expense for the three months ended in Mar. 2024 was $19.4 Mil. InterDigital's Pre-Tax Income for the three months ended in Mar. 2024 was $101.1 Mil. Therefore, InterDigital's Tax Rate % for the quarter that ended in Mar. 2024 was 19.21%.

InterDigital Tax Rate % Historical Data

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

InterDigital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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42.37

-21.24

26.70

21.69

10.04

InterDigital 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															13.99	16.90	15.34	-18.70	19.21

InterDigital Tax Rate % Calculation

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

InterDigital'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 )
	=	23.557	/	234.61
	=	10.04 %

InterDigital'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 )
	=	19.411	/	101.063
	=	19.21 %

InterDigital Tax Rate % Related Terms

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InterDigital (LTS:0U3Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » InterDigital Inc (LTS:0U3Q) » Definitions » Tax Rate %

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IDCC:USA IDI:Germany

Address

200 Bellevue Parkway, Suite 300, Wilmington, DE, USA, 19809-3727

Website

https://www.interdigital.com

InterDigital Inc is a research and development company focused on wireless, visual, and related technologies. It designs and develops technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. The majority of revenue is generated from fixed-fee patent license agreements, with a smaller portion coming from variable royalty agreements. Geographically it operates in the United States, China, South Korea, Japan, Taiwan, and Europe, Out of which the majority is from the United States.

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