Sodexo (XPAR:SW) Tax Rate % : 16.53% (As of Feb. 2024)

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What is Sodexo Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sodexo's Tax Expense for the six months ended in Feb. 2024 was €99 Mil. Sodexo's Pre-Tax Income for the six months ended in Feb. 2024 was €599 Mil. Therefore, Sodexo's Tax Rate % for the quarter that ended in Feb. 2024 was 16.53%.

Sodexo Tax Rate % Historical Data

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

Sodexo Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Tax Rate %

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28.76

-44.34

42.62

28.37

24.17

Sodexo Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Tax Rate %	Get a 7-Day Free Trial															28.10	28.93	26.18	20.85	16.53

Sodexo Tax Rate % Calculation

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

Sodexo's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Aug. 2023 )	/	Pre-Tax Income (A: Aug. 2023 )
	=	181	/	749
	=	24.17 %

Sodexo's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2024 )	/	Pre-Tax Income (Q: Feb. 2024 )
	=	99	/	599
	=	16.53 %

Sodexo Tax Rate % Related Terms

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Sodexo (XPAR:SW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sodexo (XPAR:SW) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SDXOF:USA SDXAY:USA SWp:UK 0J3F:UK SJ7:Germany

Address

255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux (Hauts-de-Seine), Cedex 9, Paris, FRA, 92130

Website

http://www.sodexo.com

Sodexo is one of the largest food service companies globally, operating in more than 80 countries with annual sales of over EUR 21 billion. Sodexo's model stems from operating on-premise catering facilities, rather than centralised industrial kitchens. While food services remains the largest business segment (58% of revenue in 2022), the company has actively pursued a strategy of diversifying its business activities into other areas, such as facilities-management services, which now represents 38% of group revenue.

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