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AGMPF.PFD (Federal Agricultural Mortgage) Tax Rate % : 19.95% (As of Sep. 2024)


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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 Sep. 2024 was $12.42 Mil. Federal Agricultural Mortgage's Pre-Tax Income for the three months ended in Sep. 2024 was $62.25 Mil. Therefore, Federal Agricultural Mortgage's Tax Rate % for the quarter that ended in Sep. 2024 was 19.95%.

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.

* Premium members only.

Federal Agricultural Mortgage Tax Rate % Chart

Federal Agricultural Mortgage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.99 20.94 21.09 21.06 20.98

Federal Agricultural Mortgage Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial 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 20.63 21.17 21.25 20.45 19.95

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 Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=12.421/62.249
=19.95 %

* 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.

Federal Agricultural Mortgage Tax Rate % Related Terms

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Federal Agricultural Mortgage Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Federal Agricultural Mortgage Corp (NYSE:AGMpF.PFD) » Definitions » Tax Rate %
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Traded in Other Exchanges
AGMpE.PFD:USA AGMpD.PFD:USA AGM.A:USA AGM:USA
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 portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.