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NXP Semiconductors NV (WBO:NXPI) Tax Rate % : 17.94% (As of Mar. 2024)


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What is NXP Semiconductors NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NXP Semiconductors NV's Tax Expense for the three months ended in Mar. 2024 was €130 Mil. NXP Semiconductors NV's Pre-Tax Income for the three months ended in Mar. 2024 was €723 Mil. Therefore, NXP Semiconductors NV's Tax Rate % for the quarter that ended in Mar. 2024 was 17.94%.

NXP Semiconductors NV Tax Rate % Historical Data

The historical data trend for NXP Semiconductors NV'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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NXP Semiconductors NV Tax Rate % Chart

NXP Semiconductors NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.87 -8,300.00 12.48 15.73 15.60

NXP Semiconductors NV 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.88 18.31 13.41 14.96 17.94

NXP Semiconductors NV Tax Rate % Calculation

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

NXP Semiconductors NV'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 )
=479.591/3073.784
=15.60 %

NXP Semiconductors NV'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 )
=129.72/723.12
=17.94 %

* 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.

NXP Semiconductors NV Tax Rate % Related Terms

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NXP Semiconductors NV (WBO:NXPI) Business Description

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Address
60 High Tech Campus, Eindhoven, NB, NLD, 5656 AG
Website
https://www.nxp.com
NXP Semiconductors is a leading supplier of high-performance mixed-signal products. The firm acquired Freescale Semiconductor in 2015 and now has significant market share in the automotive market, where it supplies microcontrollers and analog chips into automotive clusters, powertrains, infotainment systems, and radars. NXP Semiconductors also serves industrial and Internet of Things, mobile, and communications infrastructure.