Siemens AG (SIEGY) Income Tax Expense
The tax expense for Siemens AG (SIEGY) is $2.93 Billion with a year-over-year change of +13.60%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
SIEGY Tax Expense Chart
Current Tax Expense
$2.93B
$2.93 Billion
Year-over-Year Change
+13.60%
vs. $2.58B prior year
Historical Data
27
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $2.93B | +$351.37M | +13.60% |
| 2024 | $2.58B | $-166.01M | -6.04% |
| 2023 | $2.75B | +$62.90M | +2.34% |
| 2022 | $2.69B | +$532.12M | +24.70% |
| 2021 | $2.15B | +$576.81M | +36.57% |
| 2020 | $1.58B | $-356.86M | -18.45% |
| 2019 | $1.93B | $-448.94M | -18.84% |
| 2018 | $2.38B | $-153.98M | -6.07% |
| 2017 | $2.54B | +$281.41M | +12.48% |
| 2016 | $2.26B | +$167.05M | +8.00% |
| 2015 | $2.09B | $-454.34M | -17.87% |
| 2014 | $2.54B | +$333.02M | +15.07% |
| 2013 | $2.21B | $-353.49M | -13.79% |
| 2012 | $2.56B | $-298.77M | -10.44% |
| 2011 | $2.86B | +$528.21M | +22.63% |
| 2010 | $2.33B | +$234.73M | +11.18% |
| 2009 | $2.10B | +$668.94M | +46.77% |
| 2008 | $1.43B | $-269.27M | -15.84% |
| 2007 | $1.70B | +$715.79M | +72.75% |
| 2006 | $983.90M | $-192.77M | -16.38% |
| 2005 | $1.18B | +$222.90M | +23.37% |
| 2004 | $953.77M | $-56.73M | -5.61% |
| 2003 | $1.01B | +$172.27M | +20.55% |
| 2002 | $838.23M | +$127.35M | +17.91% |
| 2001 | $710.87M | $-1.96B | -73.35% |
| 2000 | $2.67B | +$1.59B | +148.43% |
| 1999 | $1.07B | — | — |
About Siemens AG
Siemens Aktiengesellschaft is a prominent technology firm specializing in automation and digitalization across Europe, the Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. Its operations are organized into five primary segments: Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services. The Digital Industries segment provides comprehensive industrial automation solutions, encompassing factory software, numerical control systems, motors, drives, inverters, and integrated automation for production machinery and machine tools. Furthermore, it supplies process control systems, machine-to-machine communication devices, sensors, and RFID technology. Its portfolio also extends to software for production and product lifecycle management, mechatronic system simulation and testing, and cloud-native industrial Internet of Things platforms. The Smart Infrastructure segment delivers products, systems, and software solutions designed to facilitate the sustainable energy transition, spanning both fossil and renewable sources. It also addresses smart buildings, sustainable communities, general building infrastructure, electrification, and various electrical products. Within the Mobility sector, Siemens supplies a broad spectrum of solutions for both passenger and freight transport. This includes various rolling stock like trams, light rail vehicles, commuter and long-distance trains, and passenger coaches. It also offers locomotives for diverse hauling needs, automated transportation systems, rail automation technology, electrification components, and intermodal transport solutions. Siemens Healthineers is dedicated to the development, production, and global distribution of diagnostic and therapeutic medical products and services, supplemented by expert clinical consulting. Finally, Siemens Financial Services provides a suite of financial offerings, including debt and equity investments, along with leasing, lending, working capital, equipment, project, and structured financing solutions. Founded in 1847, Siemens Aktiengesellschaft maintains its corporate headquarters in Munich, Germany.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Roland Busch