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Xero (ASX:XRO) Tax Rate % : 31.09% (As of Mar. 2024)


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What is Xero Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Xero's Tax Expense for the six months ended in Mar. 2024 was A$50 Mil. Xero's Pre-Tax Income for the six months ended in Mar. 2024 was A$160 Mil. Therefore, Xero's Tax Rate % for the quarter that ended in Mar. 2024 was 31.09%.

Xero Tax Rate % Historical Data

The historical data trend for Xero'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.

Xero Tax Rate % Chart

Xero Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.08 145.01 485.75 -50.02 33.32

Xero 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 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 151.59 -94.99 -44.87 37.74 31.09

Xero Tax Rate % Calculation

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

Xero's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=80.054/240.26
=33.32 %

Xero'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 )
=49.598/159.553
=31.09 %

* 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.

Xero Tax Rate % Related Terms

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Xero (ASX:XRO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Xero Ltd (ASX:XRO) » Definitions » Tax Rate %
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Traded in Other Exchanges
XROLF:USA 0XE:Germany
Address
19-23 Taranaki Street, Te Aro, Wellington, NTL, NZL, 6011
Website
https://www.xero.com
Xero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for small and midsize enterprises, or SMEs, and accounting practices. As a first mover in the space for cloud-based accounting software, Xero has grown quickly to achieve dominant market share in New Zealand and Australia, displacing legacy providers. Xero has also expanded beyond its home region toward other English-speaking countries, primarily the United Kingdom.

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