OTC Markets Group (OTC Markets Group) Tax Rate % : 22.77% (As of Dec. 2023)

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What is OTC Markets Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. OTC Markets Group's Tax Expense for the three months ended in Dec. 2023 was $2.1 Mil. OTC Markets Group's Pre-Tax Income for the three months ended in Dec. 2023 was $9.1 Mil. Therefore, OTC Markets Group's Tax Rate % for the quarter that ended in Dec. 2023 was 22.77%.

OTC Markets Group Tax Rate % Historical Data

The historical data trend for OTC Markets 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.

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OTC Markets Group Tax Rate % Chart

OTC Markets Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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16.92

14.64

19.73

16.64

17.42

OTC Markets 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 %	Get a 7-Day Free Trial															13.98	10.62	18.65	16.18	22.77

OTC Markets Group Tax Rate % Calculation

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

OTC Markets 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 )
	=	5.836	/	33.497
	=	17.42 %

OTC Markets 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 )
	=	2.064	/	9.065
	=	22.77 %

OTC Markets Group Tax Rate % Related Terms

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OTC Markets Group (OTC Markets Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » OTC Markets Group Inc (OTCPK:OTCM) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Vesey Street, New York, NY, USA, 10282

Website

https://www.otcmarkets.com

OTC Markets Group Inc operates financial markets for securities in the U.S and globally. The firm mainly operates OTCQX best market, OTCQB venture market and Pink open market. It has OTC link ATS, market data licensing and corporate services business lines. The activities of these business lines encompass quotation and trade messaging services, network-based platform, access to market data, a suite of market data licenses and disclosure and information services. It derives a majority of revenue from the U.S.