Federal Agricultural Mortgage (Federal Agricultural Mortgage) Tax Rate % : 21.17% (As of Dec. 2023)

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What is Federal Agricultural Mortgage Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Federal Agricultural Mortgage's Tax Expense for the three months ended in Dec. 2023 was $12.8 Mil. Federal Agricultural Mortgage's Pre-Tax Income for the three months ended in Dec. 2023 was $60.4 Mil. Therefore, Federal Agricultural Mortgage's Tax Rate % for the quarter that ended in Dec. 2023 was 21.17%.

Federal Agricultural Mortgage Tax Rate % Historical Data

The historical data trend for Federal Agricultural Mortgage'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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Federal Agricultural Mortgage Tax Rate % Chart

Federal Agricultural Mortgage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.99

20.94

21.09

21.06

20.98

Federal Agricultural Mortgage 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															21.37	21.81	20.37	20.63	21.17

Federal Agricultural Mortgage Tax Rate % Calculation

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

Federal Agricultural Mortgage'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 )
	=	53.098	/	253.101
	=	20.98 %

Federal Agricultural Mortgage'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 )
	=	12.792	/	60.411
	=	21.17 %

Federal Agricultural Mortgage Tax Rate % Related Terms

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Federal Agricultural Mortgage (Federal Agricultural Mortgage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Federal Agricultural Mortgage Corp (NYSE:AGM.A) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

AGMpF.PFD:USA AGMpE.PFD:USA AGMpD.PFD:USA AGMpC.PFD:USA AGM:USA A35:Germany

Address

1999 K Street, North West, 4th Floor, Washington, DC, USA, 20006

Website

https://www.farmermac.com

Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven segments: Farm & Ranch, Corporate AgFinance, Rural Utilities, Renewable Energy, Funding, Investments, and Corporate. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases the portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.