Globant (MEX:GLOB) Tax Rate %

: 21.78% (As of Dec. 2022)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Globant's Tax Expense for the three months ended in Dec. 2022 was MXN215 Mil. Globant's Pre-Tax Income for the three months ended in Dec. 2022 was MXN988 Mil. Therefore, Globant's Tax Rate % for the quarter that ended in Dec. 2022 was 21.78%.

Globant Tax Rate % Historical Data

The historical data trend for Globant'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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Globant Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

23.52

21.75

29.15

22.82

22.50

Globant Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Tax Rate %																23.40	23.81	22.48	21.95	21.78

Globant Tax Rate % Calculation

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

Globant's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	851.38039429655	/	3783.3810845178
	=	22.50 %

Globant's Tax Rate % for the quarter that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2022 )	/	Pre-Tax Income (Q: Dec. 2022 )
	=	215.27243007498	/	988.4486167443
	=	21.78 %

Globant Tax Rate % Related Terms

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Globant (MEX:GLOB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globant SA (MEX:GLOB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GLOB:USA 2G2:Germany

Address

37A, Avenue J.F. Kennedy, Luxembourg, LUX, 1855

Website

https://www.globant.com

Globant SA is a software technology developer based in Luxemburg. It creates platforms which are powered by native digital technology, better known as digital journeys. The digital journey incorporates various software products, mobile apps and sensors that assist its clients in knowing its end user's behavioral pattern. The key aspects of the digital journey are stay relevant, discover and build. The stay relevant helps its clients in staying abreast of the developments in its industry and taking preemptive measures. The discover conceives digital journeys for the users based on consumer behaviors and technologies and the build creates each digital journey leveraging the work of its studios. The company's revenue is primarily generated by its technology services in the United States.