CemexB de CV (CemexB de CV) Tax Rate %

: 61.99% (As of Sep. 2023)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CemexB de CV's Tax Expense for the three months ended in Sep. 2023 was $219 Mil. CemexB de CV's Pre-Tax Income for the three months ended in Sep. 2023 was $354 Mil. Therefore, CemexB de CV's Tax Rate % for the quarter that ended in Sep. 2023 was 61.99%.

CemexB de CV Tax Rate % Historical Data

The historical data trend for CemexB 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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CemexB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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65.97

-2.75

14.36

27.14

86.27

CemexB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-27.89	37.29	41.93	61.99	276.16

CemexB de CV Tax Rate % Calculation

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

CemexB 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 )
	=	1250	/	1449
	=	86.27 %

CemexB de CV's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	219.388	/	353.898
	=	61.99 %

CemexB de CV Tax Rate % Related Terms

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CemexB de CV (CemexB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cemex SAB de CV (NYSE:CX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CXMSF:USA CEMEXCPO:Mexico CEXB:Germany CEXA:Germany CEXB:Germany CEXA:Germany CX:Argentina

Address

Avenida Ricardo Margain Zozaya No.325, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, MEX, 66265

Website

https://www.cemex.com

Cemex SAB de CV is a ready-mix concrete company and one of the aggregates companies in the world. In 2021, the company sold roughly 67 million tons of cement, 49.2 million cubic meters of ready-mix, and 135 million tons of aggregates. As of Dec. 31, 2021, the company had an annual cement production capacity of roughly 88.5 million tons.