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Newmark Group (FRA:NMB) Tax Rate % : 11.79% (As of Mar. 2024)


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What is Newmark Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Newmark Group's Tax Expense for the three months ended in Mar. 2024 was €-3 Mil. Newmark Group's Pre-Tax Income for the three months ended in Mar. 2024 was €-27 Mil. Therefore, Newmark Group's Tax Rate % for the quarter that ended in Mar. 2024 was 11.79%.

Newmark Group Tax Rate % Historical Data

The historical data trend for Newmark Group'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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Newmark Group Tax Rate % Chart

Newmark Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 24.49 25.29 19.90 27.20 39.72

Newmark Group 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 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 15.75 37.44 37.12 35.29 11.79

Newmark Group Tax Rate % Calculation

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

Newmark Group'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 )
=37.691/94.889
=39.72 %

Newmark Group'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 )
=-3.235/-27.445
=11.79 %

* 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.

Newmark Group Tax Rate % Related Terms

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Newmark Group (FRA:NMB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Newmark Group Inc (FRA:NMB) » Definitions » Tax Rate %
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COMP AIRE MMI RDFN OPEN HOUS FRPH CWK RMR MLP CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D SGX:9CI HKSE:01997 MIL:INW
Traded in Other Exchanges
NMRK:USA
Address
125 Park Avenue, New York, NY, USA, 10017
Website
https://www.nmrk.com
Newmark Group Inc is a commercial real estate advisory firm. It offers services, including leasing and corporate advisory services, investment sales, commercial mortgage brokerage, appraisal and valuation, project management, and property, among others. Newmark offers a diverse array of integrated services and products designed to meet the full needs of both real estate investors/owners and occupiers. The company provides real estate strategic consulting and systems integration services to CFI's global clients including many Fortune 500 and Forbes Global 2000 companies, owner-occupiers, government agencies, healthcare and higher education clients.

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