Masco (FRA:MSQ) Tax Rate % : 20.76% (As of Mar. 2024)

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What is Masco Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Masco's Tax Expense for the three months ended in Mar. 2024 was €55 Mil. Masco's Pre-Tax Income for the three months ended in Mar. 2024 was €266 Mil. Therefore, Masco's Tax Rate % for the quarter that ended in Mar. 2024 was 20.76%.

Masco Tax Rate % Historical Data

The historical data trend for Masco'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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Masco Tax Rate % Chart

Masco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.16

23.78

30.52

24.14

22.46

Masco 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															22.46	25.67	24.86	13.73	20.76

Masco Tax Rate % Calculation

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

Masco'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 )
	=	254.926	/	1135.246
	=	22.46 %

Masco'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 )
	=	55.2	/	265.88
	=	20.76 %

Masco Tax Rate % Related Terms

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Masco (FRA:MSQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Masco Corp (FRA:MSQ) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MAS:USA MAS:Mexico MSQ:Germany

Address

17450 College Parkway, Livonia, MI, USA, 48152

Website

https://www.masco.com

Masco manufactures a variety of home improvement and building products. The company's $5.3 billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, showerheads, and other related plumbing fixtures and components. The $3.4 billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands, but it also sells builder hardware and lighting products.

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