Petrofac (LSE:PFC) Tax Rate % : -7.50% (As of Jun. 2023)

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What is Petrofac Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Petrofac's Tax Expense for the six months ended in Jun. 2023 was £10 Mil. Petrofac's Pre-Tax Income for the six months ended in Jun. 2023 was £-127 Mil. Therefore, Petrofac's Tax Rate % for the quarter that ended in Jun. 2023 was -7.50%.

Petrofac Tax Rate % Historical Data

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

Petrofac Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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42.99

65.63

-9.84

5.10

-4.98

Petrofac Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial															5.32	4.97	-	-4.51	-7.50

Petrofac Tax Rate % Calculation

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

Petrofac's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	13.136	/	-263.541
	=	-4.98 %

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

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	9.504	/	-126.72
	=	-7.50 %

Petrofac Tax Rate % Related Terms

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Petrofac (LSE:PFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrofac Ltd (LSE:PFC) » Definitions » Tax Rate %

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Address

26 New Street, St Helier, JEY, JE2 3RA

Website

https://www.petrofac.com

Petrofac Ltd provides engineering and construction services to the oil and gas production and processing industry. It designs, builds, operates and maintains oil and gas facilities. The operating segments of the company include Engineering and Construction, Asset solutions, and Integrated energy services. It derives the majority of the revenue from Engineering and Construction which provides fixed-price engineering, procurement and construction project execution services and reimbursable engineering, procurement and construction management services to the onshore and offshore oil and gas industry. The company operates worldwide and generates most of its revenue from the United kingdom.