GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Freightways Group Ltd (OTCPK:FTWYF) » Definitions » Tax Rate %

Freightways Group (Freightways Group) Tax Rate % : 28.53% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Freightways Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Freightways Group's Tax Expense for the six months ended in Dec. 2023 was $10.2 Mil. Freightways Group's Pre-Tax Income for the six months ended in Dec. 2023 was $35.6 Mil. Therefore, Freightways Group's Tax Rate % for the quarter that ended in Dec. 2023 was 28.53%.


Freightways Group Tax Rate % Historical Data

The historical data trend for Freightways Group'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.

Freightways Group Tax Rate % Chart

Freightways Group Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.58 27.57 28.54 35.73 28.89

Freightways Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 31.59 27.84 30.57 27.45 28.53

Freightways Group Tax Rate % Calculation

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

Freightways Group's Tax Rate % for the fiscal year that ended in Jun. 2022 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2022 )/Pre-Tax Income (A: Jun. 2022 )
=18.119/62.708
=28.89 %

Freightways Group's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=10.153/35.592
=28.53 %

* 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.


Freightways Group Tax Rate % Related Terms

Thank you for viewing the detailed overview of Freightways Group's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Freightways Group (Freightways Group) Business Description

Traded in Other Exchanges
Address
32 Botha Road, Penrose, Auckland, NTL, NZL, DX CX10120
Freightways Ltd is a provider of express package services throughout New Zealand. The company is organized into three reportable segments: Express Package and Business Mail, Information Management and Corporate and others. The Express Package and Business Mail segment cover network courier, point-to-point courier, and postal services. Information management comprises secure paper-based and electronic business information management services. Corporate and other comprises corporate, financing, and property management services. Key revenue is derived from the Express Package and Business Mail divisions.

Freightways Group (Freightways Group) Headlines

From GuruFocus

David Herro Comments on Freightways

By Sydnee Gatewood Sydnee Gatewood 01-11-2021