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Globant (BUE:GLOB) Tax Rate % : 15.10% (As of Dec. 2024)


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What is Globant Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Globant's Tax Expense for the three months ended in Dec. 2024 was ARS7,095 Mil. Globant's Pre-Tax Income for the three months ended in Dec. 2024 was ARS46,998 Mil. Therefore, Globant's Tax Rate % for the quarter that ended in Dec. 2024 was 15.10%.

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 Tax Rate % Chart

Globant Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.15 22.82 22.50 19.95 19.69

Globant Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 16.94 22.75 20.16 19.96 15.10

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. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=41840.26/212533.292
=19.69 %

Globant's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=7095.25/46998.33
=15.10 %

* 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.

Globant Tax Rate % Related Terms

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Globant Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Globant SA (BUE:GLOB) » Definitions » Tax Rate %
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Traded in Other Exchanges
GLOB:USA 0RIX:UK 2G2:Germany G1LO34:Brazil
Address
37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Website
https://www.globant.com
Globant is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2003 in Argentina but is currently headquartered in Luxembourg and primarily serves clients in the US and Latin America. Globant's client base is relatively concentrated in the media and entertainment and financial services industries.