Edwards Lifesciences (LTS:0REN) Tax Rate % : 14.26% (As of Mar. 2024)

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What is Edwards Lifesciences Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Edwards Lifesciences's Tax Expense for the three months ended in Mar. 2024 was CHF52 Mil. Edwards Lifesciences's Pre-Tax Income for the three months ended in Mar. 2024 was CHF364 Mil. Therefore, Edwards Lifesciences's Tax Rate % for the quarter that ended in Mar. 2024 was 14.26%.

Edwards Lifesciences Tax Rate % Historical Data

The historical data trend for Edwards Lifesciences'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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Edwards Lifesciences Tax Rate % Chart

Edwards Lifesciences Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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10.25

10.18

11.69

13.89

12.43

Edwards Lifesciences 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															14.58	9.75	12.66	12.33	14.26

Edwards Lifesciences Tax Rate % Calculation

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

Edwards Lifesciences'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 )
	=	171.836	/	1382.037
	=	12.43 %

Edwards Lifesciences'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 )
	=	51.894	/	363.793
	=	14.26 %

Edwards Lifesciences Tax Rate % Related Terms

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Edwards Lifesciences (LTS:0REN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Edwards Lifesciences Corp (LTS:0REN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

EW:USA EW:Mexico 1EW:Italy EWL:Germany E1WL34:Brazil EWLS:Austria

Address

One Edwards Way, Irvine, CA, USA, 92614

Website

https://www.edwards.com

Spun off from Baxter International in 2000, Edwards Lifesciences designs, manufactures, and markets a range of medical devices and equipment for advanced stages of structural heart disease. It has established itself as a leader across key products, including surgical tissue heart valves, transcatheter valve technologies, surgical clips, catheters, and monitoring systems used to measure a patient's heart function during surgery. The firm derives about 55% of its total sales from outside the U.S.

Edwards Lifesciences (LTS:0REN) Headlines

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