GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MTY Food Group Inc (OTCPK:MTYFF) » Definitions » Tax Rate %

MTY Food Group (MTY Food Group) Tax Rate % : 13.90% (As of Feb. 2024)


View and export this data going back to 2010. Start your Free Trial

What is MTY Food Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MTY Food Group's Tax Expense for the three months ended in Feb. 2024 was $2.1 Mil. MTY Food Group's Pre-Tax Income for the three months ended in Feb. 2024 was $15.0 Mil. Therefore, MTY Food Group's Tax Rate % for the quarter that ended in Feb. 2024 was 13.90%.

MTY Food Group Tax Rate % Historical Data

The historical data trend for MTY Food 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.

MTY Food Group Tax Rate % Chart

MTY Food Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.67 28.98 23.31 21.83 4.97

MTY Food Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 4.67 11.57 5.34 -11.01 13.90

MTY Food Group Tax Rate % Calculation

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

MTY Food Group's Tax Rate % for the fiscal year that ended in Nov. 2023 is calculated as

Tax Rate %=Tax Expense (A: Nov. 2023 )/Pre-Tax Income (A: Nov. 2023 )
=3.984/80.24
=4.97 %

MTY Food Group's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Feb. 2024 )/Pre-Tax Income (Q: Feb. 2024 )
=2.079/14.961
=13.90 %

* 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.

MTY Food Group Tax Rate % Related Terms

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

MTY Food Group (MTY Food Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MTY Food Group Inc (OTCPK:MTYFF) » Definitions » Tax Rate %
Comparable Companies
TSX:AW.UN TSX:PZA TSX:BPF.UN TSX:KEG.UN TSX:SRV.UN TSX:AEG TSXV:COHO TSXV:ODD TSXV:SPP MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN TSX:QSR DRI DPZ YUMC HKSE:06862
Traded in Other Exchanges
9MF:Germany MTY:Canada
Address
8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5
Website
https://www.mtygroup.com
MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

MTY Food Group (MTY Food Group) Headlines

From GuruFocus

MTY Food Group Inc's Dividend Analysis

By GuruFocus Research • 02-02-2024