Bic (LTS:0MGP) Tax Rate % : 28.10% (As of Jun. 2023)

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What is Bic Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bic's Tax Expense for the six months ended in Jun. 2023 was €48 Mil. Bic's Pre-Tax Income for the six months ended in Jun. 2023 was €169 Mil. Therefore, Bic's Tax Rate % for the quarter that ended in Jun. 2023 was 28.10%.

Bic Tax Rate % Historical Data

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

Bic Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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33.73

29.97

39.66

29.83

28.13

Bic 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															29.94	29.54	28.00	28.38	28.10

Bic Tax Rate % Calculation

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

Bic'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 )
	=	81.742	/	290.626
	=	28.13 %

Bic'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 )
	=	47.542	/	169.189
	=	28.10 %

Bic Tax Rate % Related Terms

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Bic (LTS:0MGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bic (LTS:0MGP) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BICEY:USA BICEF:USA BB:France BIF:Germany

Address

14 rue Jeanne-d'Asnieres, Clichy Cedex, Paris, FRA, 92611

Website

http://www.bic.com

Bic SA manufactures and markets writing instruments, lighters, shavers, advertising, and promotional products in France and globally. The company offers its products through various channels stationery stores, office supplies companies, convenience stores, distributors, wholesalers, cash-and-carry stores, e-commerce. Its main well-known brands are BIC, BIC Kids, BIC Graphic, BIC Matic, BIC Tipp-Ex, Wite-Out, Ecolutions, and Cello. By net sales, the biggest market is North America, followed by Europe and the developing markets (Middle East, Africa, Latin America, and Asia).

Bic (LTS:0MGP) Headlines

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