CTTOF (CTT-Correios de Portugal) Tax Rate % : 13.37% (As of Dec. 2024)

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What is CTT-Correios de Portugal Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CTT-Correios de Portugal's Tax Expense for the three months ended in Dec. 2024 was $3 Mil. CTT-Correios de Portugal's Pre-Tax Income for the three months ended in Dec. 2024 was $23 Mil. Therefore, CTT-Correios de Portugal's Tax Rate % for the quarter that ended in Dec. 2024 was 13.37%.

CTT-Correios de Portugal Tax Rate % Historical Data

The historical data trend for CTT-Correios de Portugal'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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CTT-Correios de Portugal Tax Rate % Chart

CTT-Correios de Portugal Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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27.50

24.04

22.20

1.78

16.52

CTT-Correios de Portugal 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															-55.03	31.24	4.88	22.47	13.37

CTT-Correios de Portugal Tax Rate % Calculation

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

CTT-Correios de Portugal'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 )
	=	9.746	/	58.995
	=	16.52 %

CTT-Correios de Portugal'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 )
	=	3.01	/	22.517
	=	13.37 %

CTT-Correios de Portugal Tax Rate % Related Terms

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CTT-Correios de Portugal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CTT-Correios de Portugal SA (OTCPK:CTTOF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CTT:Portugal CTTu:UK 0QIM:UK C7T:Germany

Address

Avenida dos Combatentes 43, No.1643-0011, 4th Floor, Lisbon, PRT, 1999-001

Website

https://www.ctt.pt

CTT-Correios de Portugal SA is a logistics company domiciled in Portugal. The company organizes itself into four segments: mail, express and parcels, financial services, and bank. The mail segment, which generates a vast majority of the company's revenue, provides mail postal services to business customers, distribution of advertising materials, and postal communication solutions, among others. Express and parcels, the next segment, provides parcel postal and courier services. The company provides financial services such as payment processing and retail banking through both the financial services segment and the bank segment. The company earns majority of its revenue domestically.