Myer Holdings (ASX:MYR) Tax Rate % : 30.82% (As of Jan. 2024)

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What is Myer Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Myer Holdings's Tax Expense for the six months ended in Jan. 2024 was A$23 Mil. Myer Holdings's Pre-Tax Income for the six months ended in Jan. 2024 was A$73 Mil. Therefore, Myer Holdings's Tax Rate % for the quarter that ended in Jan. 2024 was 30.82%.

Myer Holdings Tax Rate % Historical Data

The historical data trend for Myer Holdings'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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Myer Holdings Tax Rate % Chart

Myer Holdings Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Tax Rate %

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29.09

28.49

30.54

32.04

32.36

Myer Holdings Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Tax Rate %	Get a 7-Day Free Trial															30.09	35.52	30.41	-12.20	30.82

Myer Holdings Tax Rate % Calculation

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

Myer Holdings's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jul. 2023 )	/	Pre-Tax Income (A: Jul. 2023 )
	=	28.9	/	89.3
	=	32.36 %

Myer Holdings's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	22.5	/	73
	=	30.82 %

Myer Holdings Tax Rate % Related Terms

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Myer Holdings (ASX:MYR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Myer Holdings Ltd (ASX:MYR) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

30M:Germany

Address

1000 La Trobe Street, Level 7, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.myer.com.au

Myer is Australia's largest department store operator, with some 60 stores that are mostly spread across eastern states. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The brand is somewhat iconic among Australian domestic consumers. The group's loyalty programme has more than 4 million active members.

Myer Holdings (ASX:MYR) Headlines

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