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MasTec (FRA:MY8) Tax Rate % : 30.65% (As of Jun. 2024)


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What is MasTec Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MasTec's Tax Expense for the three months ended in Jun. 2024 was €18 Mil. MasTec's Pre-Tax Income for the three months ended in Jun. 2024 was €59 Mil. Therefore, MasTec's Tax Rate % for the quarter that ended in Jun. 2024 was 30.65%.

MasTec Tax Rate % Historical Data

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

MasTec 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 22.87 24.10 23.10 21.30 42.81

MasTec Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 14.90 33.09 -8,300.00 24.33 30.65

MasTec Tax Rate % Calculation

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

MasTec'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 )
=-32.469/-75.84
=42.81 %

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

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=17.971/58.631
=30.65 %

* 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.

MasTec Tax Rate % Related Terms

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MasTec Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MasTec Inc (FRA:MY8) » Definitions » Tax Rate %
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Traded in Other Exchanges
MTZ:USA MY8:Germany
Address
800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134
Website
https://www.mastec.com
MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: communications; clean energy and infrastructure; oil and gas; power delivery; and other.

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