GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ORIX Corp (NYSE:IX) » Definitions » Tax Rate %

ORIX (IX) Tax Rate % : 30.71% (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is ORIX Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ORIX's Tax Expense for the three months ended in Dec. 2023 was $268 Mil. ORIX's Pre-Tax Income for the three months ended in Dec. 2023 was $872 Mil. Therefore, ORIX's Tax Rate % for the quarter that ended in Dec. 2023 was 30.71%.


ORIX Tax Rate % Historical Data

The historical data trend for ORIX'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.

* Premium members only.

ORIX Tax Rate % Chart

ORIX Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.36 25.65 31.56 37.09 23.83

ORIX Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24.07 23.00 28.23 30.07 30.71

ORIX Tax Rate % Calculation

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

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

Tax Rate %=Tax Expense (A: Mar. 2023 )/Pre-Tax Income (A: Mar. 2023 )
=654.625/2746.941
=23.83 %

ORIX's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=267.777/871.918
=30.71 %

* 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.


ORIX Tax Rate % Related Terms

Thank you for viewing the detailed overview of ORIX's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


ORIX (IX) Business Description

Traded in Other Exchanges
Address
2-4-1 Hamamatsu-cho, World Trade Center Building, South Tower, Minato-ku, Tokyo, JPN, 105-5135
ORIX Corp is a diversified financial services company with operations in Corporate Financial Services, Maintenance Leasing, Real Estate, PE Investment and Concession, Environment and Energy, Insurance, Banking and Credit, Aircraft and Ships, ORIX USA, ORIX Europe, Asia and Australia and engages in various other fee businesses by providing products and services aligned with customer needs to its core customer base of domestic small and medium-sized enterprises. Orix's numerous divisions finance leases of large-ticket items like ships, airplanes, and technology equipment.

ORIX (IX) Headlines

From GuruFocus

Matthews Japan Fund Comments on Orix Corp

By Vera Yuan Vera Yuan 02-05-2015

ORIX USA Announces Leadership Transition at NXT Capital

By Business Wire Business Wire 10-28-2020

52-Week High Companies: IX, COF, RCI, PSX, ECL

By gururk gururk 10-29-2012

ORIX Capital Partners Sells RoadSafe Traffic Systems, Inc.

By Business Wire Business Wire 05-05-2021

ORIX Real Estate Capital Changes Its Legacy Brands to Lument

By Business Wire Business Wire 10-20-2020