Coca-Cola FemsaB de CV (Coca-Cola FemsaB de CV) Tax Rate %

: 33.01% (As of Dec. 2023)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coca-Cola FemsaB de CV's Tax Expense for the three months ended in Dec. 2023 was $156 Mil. Coca-Cola FemsaB de CV's Pre-Tax Income for the three months ended in Dec. 2023 was $474 Mil. Therefore, Coca-Cola FemsaB de CV's Tax Rate % for the quarter that ended in Dec. 2023 was 33.01%.

Coca-Cola FemsaB de CV Tax Rate % Historical Data

The historical data trend for Coca-Cola FemsaB de CV'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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Coca-Cola FemsaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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30.68

33.76

28.92

25.39

30.50

Coca-Cola FemsaB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															7.62	32.78	27.16	29.19	33.01

Coca-Cola FemsaB de CV Tax Rate % Calculation

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

Coca-Cola FemsaB de CV'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 )
	=	517.313	/	1696.217
	=	30.50 %

Coca-Cola FemsaB de CV'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 )
	=	156.296	/	473.541
	=	33.01 %

Coca-Cola FemsaB de CV Tax Rate % Related Terms

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Coca-Cola FemsaB de CV (Coca-Cola FemsaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Femsa SAB de CV (NYSE:KOF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

COCSF:USA KOFUBL:Mexico CFS5:Germany CFSL:Germany CFSL:Germany KOF:Argentina

Address

Calle Mario Pani Number 100, Santa Fe Cuajimalpa, Cuajimalpa de Morelos, Ciudad de Mexico, DF, MEX, 05348

Website

https://www.coca-colafemsa.com

Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in unit case volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through on-trade and off-trade channels, including retailers and food-service providers. Mexico and Brazil make up 80% of total sales for Coca-Cola Femsa, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% and 28% of economic interests in Coca-Cola Femsa, through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the respective voting rights.