HNI (FRA:HO9) Tax Rate % : 19.55% (As of Mar. 2024)

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What is HNI Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. HNI's Tax Expense for the three months ended in Mar. 2024 was €4 Mil. HNI's Pre-Tax Income for the three months ended in Mar. 2024 was €20 Mil. Therefore, HNI's Tax Rate % for the quarter that ended in Mar. 2024 was 19.55%.

HNI Tax Rate % Historical Data

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

HNI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.57

22.98

23.63

15.37

24.07

HNI 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															57.90	-42.22	20.25	-	19.55

HNI Tax Rate % Calculation

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

HNI'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 )
	=	14.305	/	59.422
	=	24.07 %

HNI'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 )
	=	3.956	/	20.24
	=	19.55 %

HNI Tax Rate % Related Terms

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HNI (FRA:HO9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HNI Corp (FRA:HO9) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

HNI:USA HO9:Germany

Address

600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071

Website

https://www.hnicorp.com

HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold primarily through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.

HNI (FRA:HO9) Headlines

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