AMETEK (BSP:A1ME34) Tax Rate % : 18.46% (As of Mar. 2024)

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What is AMETEK Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AMETEK's Tax Expense for the three months ended in Mar. 2024 was R$351 Mil. AMETEK's Pre-Tax Income for the three months ended in Mar. 2024 was R$1,899 Mil. Therefore, AMETEK's Tax Rate % for the quarter that ended in Mar. 2024 was 18.46%.

AMETEK Tax Rate % Historical Data

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

AMETEK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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19.49

19.39

19.06

18.84

18.25

AMETEK 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															19.46	18.20	17.68	17.77	18.46

AMETEK Tax Rate % Calculation

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

AMETEK'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 )
	=	1436.739	/	7871.098
	=	18.25 %

AMETEK'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 )
	=	350.508	/	1898.942
	=	18.46 %

AMETEK Tax Rate % Related Terms

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AMETEK (BSP:A1ME34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AMETEK Inc (BSP:A1ME34) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

AME:USA AME:Mexico AK1:Germany

Address

1100 Cassatt Road, Berwyn, PA, USA, 19312-1177

Website

https://www.ametek.com

Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.

AMETEK (BSP:A1ME34) Headlines

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