Magyar Telekom (FRA:MGYB) Tax Rate % : 15.70% (As of Mar. 2024)

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What is Magyar Telekom Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Magyar Telekom's Tax Expense for the three months ended in Mar. 2024 was €17 Mil. Magyar Telekom's Pre-Tax Income for the three months ended in Mar. 2024 was €108 Mil. Therefore, Magyar Telekom's Tax Rate % for the quarter that ended in Mar. 2024 was 15.70%.

Magyar Telekom Tax Rate % Historical Data

The historical data trend for Magyar Telekom'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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Magyar Telekom Tax Rate % Chart

Magyar Telekom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.74

23.96

20.56

20.52

18.81

Magyar Telekom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															25.44	18.46	18.84	15.50	15.70

Magyar Telekom Tax Rate % Calculation

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

Magyar Telekom'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 )
	=	51.061	/	271.487
	=	18.81 %

Magyar Telekom's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	17.025	/	108.471
	=	15.70 %

Magyar Telekom Tax Rate % Related Terms

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Magyar Telekom (FRA:MGYB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Magyar Telekom PLC (FRA:MGYB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MYTAY:USA MTELEKOM:Hungary MGYB:Germany

Address

Konyves Kalman Korut. 36, Budapest, HUN, 1097

Website

https://www.telekom.hu

Magyar Telekom PLC is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia. Magyar controls the largest share of the Hungarian telecom market and has a footprint in Macedonia, Bulgaria, and Romania. The company receives most of its revenue from Hungary.

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