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Synopsys (XTER:SYP) Tax Rate % : 19.23% (As of Oct. 2024)


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What is Synopsys Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Synopsys's Tax Expense for the three months ended in Oct. 2024 was €57 Mil. Synopsys's Pre-Tax Income for the three months ended in Oct. 2024 was €296 Mil. Therefore, Synopsys's Tax Rate % for the quarter that ended in Oct. 2024 was 19.23%.


Synopsys Tax Rate % Historical Data

The historical data trend for Synopsys'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.

Synopsys Tax Rate % Chart

Synopsys Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.96 6.10 12.63 6.91 6.59

Synopsys Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 14.96 4.06 13.30 -7.83 19.23

Synopsys Tax Rate % Calculation

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

Synopsys's Tax Rate % for the fiscal year that ended in Oct. 2024 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2024 )/Pre-Tax Income (A: Oct. 2024 )
=91.541/1389.722
=6.59 %

Synopsys's Tax Rate % for the quarter that ended in Oct. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Oct. 2024 )/Pre-Tax Income (Q: Oct. 2024 )
=56.993/296.403
=19.23 %

* 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.


Synopsys Tax Rate % Related Terms

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Synopsys Business Description

Address
675 Almanor Avenue, Sunnyvale, CA, USA, 94085
Synopsys is a provider of electronic design automation software and intellectual property products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Synopsys' comprehensive portfolio is benefiting from a convergence of semiconductor companies moving up the stack of technologies toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.

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