GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » STMicroelectronics NV (NYSE:STM) » Definitions » Tax Rate %

STM (STMicroelectronics NV) Tax Rate % : 16.44% (As of Sep. 2024)


View and export this data going back to 1994. Start your Free Trial

What is STMicroelectronics NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. STMicroelectronics NV's Tax Expense for the three months ended in Sep. 2024 was $71 Mil. STMicroelectronics NV's Pre-Tax Income for the three months ended in Sep. 2024 was $432 Mil. Therefore, STMicroelectronics NV's Tax Rate % for the quarter that ended in Sep. 2024 was 16.44%.

STMicroelectronics NV Tax Rate % Historical Data

The historical data trend for STMicroelectronics NV'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.

* Premium members only.

STMicroelectronics NV Tax Rate % Chart

STMicroelectronics NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.12 12.55 14.16 11.59 11.36

STMicroelectronics NV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.69 -0.56 15.18 9.82 16.44

STMicroelectronics NV Tax Rate % Calculation

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

STMicroelectronics NV'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 )
=541/4763
=11.36 %

STMicroelectronics NV's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=71/432
=16.44 %

* 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.

STMicroelectronics NV Tax Rate % Related Terms

Thank you for viewing the detailed overview of STMicroelectronics NV's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

STMicroelectronics NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » STMicroelectronics NV (NYSE:STM) » Definitions » Tax Rate %
Comparable Companies
XPAR:XFAB XPAR:ALKAL NVDA TPE:2330 AVGO AMD TXN QCOM MU ADI INTC XKRX:000660 MRVL TPE:2454 NXPI HKSE:00981 XTER:IFX MCHP ON MPWR
Traded in Other Exchanges
STMEF:USA STM:Mexico STMMI:Italy 0L9Y:UK STMMIm:UK 0INB:UK STMPA:France SGM:Germany SGMR:Germany SGM:Germany SGM:Germany SGMR:Germany SGM:Germany STMN34:Brazil SGM:Bulgaria STMI:Austria
Address
39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, CHE, 1228
Website
https://www.st.com
A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconductors in France formed STMicroelectronics in 1987. STMicroelectronics is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. It is an especially prominent chip supplier to the industrial and automotive industries.