SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'TaxRate' MEG (Montrose Environmental Group) Tax Rate %
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Montrose Environmental Group (Montrose Environmental Group) Tax Rate %

: 72.62% (As of Dec. 2023)
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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Montrose Environmental Group's Tax Expense for the three months ended in Dec. 2023 was $-3.8 Mil. Montrose Environmental Group's Pre-Tax Income for the three months ended in Dec. 2023 was $-5.3 Mil. Therefore, Montrose Environmental Group's Tax Rate % for the quarter that ended in Dec. 2023 was 72.62%.

Montrose Environmental Group Tax Rate % Historical Data

The historical data trend for Montrose Environmental 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.

Montrose Environmental Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Premium Member Only 11.70 -1.49 -7.24 -7.61 3.08

Montrose Environmental Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % 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 Premium Member Only Premium Member Only Premium Member Only -3.42 -10.24 -2.15 -21.35 72.62

Montrose Environmental Group Tax Rate % Calculation

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

Montrose Environmental Group'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 )
=-0.98/-31.839
=3.08 %

Montrose Environmental 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 )
=-3.822/-5.263
=72.62 %

* 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.

Montrose Environmental Group Tax Rate % Related Terms

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Montrose Environmental Group (Montrose Environmental Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Montrose Environmental Group Inc (NYSE:MEG) » Definitions » Tax Rate %
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Traded in Other Exchanges
5MO:Germany
Address
5120 Northshore Drive, North Little Rock, AR, USA, 72118
Website
https://www.montrose-env.com
Montrose Environmental Group Inc is an environmental services company. The firm's operating segments are Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse. Through its Assessment, Permitting, and Response segment, the company provides scientific advisory and consulting services to support environmental assessments, environmental emergency response, and environmental audits. Measurement and Analysis include test and analysis of air, water, and soil to determine concentrations of contaminants whereas, the Remediation and Reuse segment provide clients with engineering, design, implementation, operations and maintenance services, to treat contaminated water, remove contaminants from soil or create biogas from food or agricultural waste.
Executives
Allan Dicks officer: Chief Financial Officer 1 PARK PLAZA, SUITE 1000, IRVINE CA 92614
Janet Risi Field director 9200 SOUTH DADELAND BOULEVARD, SUITE 800, MIAMI FL 33156
Fernandez De Castro Jose Miguel director TURBOCHEF TECHNOLOGIES, INC., SIX CONCOURSE PARKWAY, SUITE 1900, ATLANTA GA 30328
James K Price director, 10 percent owner C/O TURBOCHEF TECHNOLOGIES, INC., SUITE 1900, SIX CONCOURSE PARKWAY, ATLANTA GA 30328
J Thomas Presby director 198 KEELER ROAD, BRIDGEWATER CT 06752
Richard E Perlman director, 10 percent owner C/O TURBOCHEF TECHNOLOGIES, INC., SUITE 1900, SIX CONCOURSE PARKWAY, ATLANTA GA 30328
Nasym Afsari officer: General Counsel and Secretary 1 PARK PLAZA, SUITE 1000, IRVINE CA 92614
Vijay Manthripragada director, officer: See Remarks 1 PARK PLAZA, SUITE 1000, IRVINE CA 92614
Joshua W. Lemaire officer: Chief Operating Officer 1 PARK PLAZA, SUITE 1000, IRVINE CA 92614
Partners Ltd 10 percent owner 181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Oaktree Holdings, Ltd. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Ocm Montrose Holdings, L.p. 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Ocm Montrose Ii Holdings, L.p. 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Jose Revuelta officer: Chief Strategy Officer 1 PARK PLAZA, SUITE 1000, IRVINE CA 92614