America MovilB de CV (America MovilB de CV) Tax Rate %

: 41.26% (As of Mar. 2024)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. America MovilB de CV's Tax Expense for the three months ended in Mar. 2024 was $673 Mil. America MovilB de CV's Pre-Tax Income for the three months ended in Mar. 2024 was $1,630 Mil. Therefore, America MovilB de CV's Tax Rate % for the quarter that ended in Mar. 2024 was 41.26%.

America MovilB de CV Tax Rate % Historical Data

The historical data trend for America MovilB de CV'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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America MovilB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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45.22

25.05

31.22

34.29

28.62

America MovilB de CV 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															28.49	26.40	78.67	20.73	41.26

America MovilB de CV Tax Rate % Calculation

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

America MovilB de CV'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 )
	=	2035.083	/	7111.125
	=	28.62 %

America MovilB de CV'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 )
	=	672.501	/	1629.826
	=	41.26 %

America MovilB de CV Tax Rate % Related Terms

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America MovilB de CV (America MovilB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » America Movil SAB de CV (NYSE:AMX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

AMXOF:USA AMX B:Mexico MV91:Germany MV91:Germany MV9L:Germany MV90:Germany AMX:Argentina

Address

Lago Zurich 245, Plaza Carso / Edificio Telcel, Colonia Ampliacion Granada, Delegacion Miguel Hidalgo, Piso 16, Mexico City, DF, MEX, 11529

Website

https://www.americamovil.com

America Movil is the largest telecom carrier in Latin America, serving about 300 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 35% of service revenue. Movil dominates the Mexican wireless market with more than 60% customer share and also serves about half of fixed-line internet access customers in the country. Brazil, its second most important market, provides about 20% of service revenue. Movil sold its low-margin wireless resale business in the U.S. to Verizon in 2021 and now owns a 1.4% stake in the U.S. telecom giant. The firm also holds a 57% stake in Telekom Austria and a 16% stake in Dutch carrier KPN.