GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Archer-Daniels Midland Co (BSP:A1DM34) » Definitions » Tax Rate %

Archer-Daniels Midland Co (BSP:A1DM34) Tax Rate % : 18.76% (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Archer-Daniels Midland Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Archer-Daniels Midland Co's Tax Expense for the three months ended in Mar. 2024 was R$827 Mil. Archer-Daniels Midland Co's Pre-Tax Income for the three months ended in Mar. 2024 was R$4,407 Mil. Therefore, Archer-Daniels Midland Co's Tax Rate % for the quarter that ended in Mar. 2024 was 18.76%.

Archer-Daniels Midland Co Tax Rate % Historical Data

The historical data trend for Archer-Daniels Midland Co'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.

Archer-Daniels Midland Co Tax Rate % Chart

Archer-Daniels Midland Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.16 5.36 17.45 16.59 19.28

Archer-Daniels Midland Co 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 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 16.11 18.02 20.08 26.16 18.76

Archer-Daniels Midland Co Tax Rate % Calculation

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

Archer-Daniels Midland Co'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 )
=4057.034/21039.741
=19.28 %

Archer-Daniels Midland Co'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 )
=826.647/4407.123
=18.76 %

* 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.

Archer-Daniels Midland Co Tax Rate % Related Terms

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

Archer-Daniels Midland Co (BSP:A1DM34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Archer-Daniels Midland Co (BSP:A1DM34) » Definitions » Tax Rate %
Comparable Companies
TSN BG CALM FDP AGRO DOLE VITL LMNR AFRI ALCO SZSE:002714 SZSE:300498 SHSE:600438 OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:4065 BKK:CPF SZSE:002157
Traded in Other Exchanges
ADM:USA ADM:Mexico 1ADM:Italy ADM:Germany ARDA:Austria
Address
77 West Wacker Drive, Suite 4600, Chicago, IL, USA, 60601
Website
https://www.adm.com
Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.

Archer-Daniels Midland Co (BSP:A1DM34) Headlines

No Headlines