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GrumaB de CV (GrumaB de CV) Tax Rate % : 36.22% (As of Mar. 2024)


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What is GrumaB de CV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GrumaB de CV's Tax Expense for the three months ended in Mar. 2024 was $63 Mil. GrumaB de CV's Pre-Tax Income for the three months ended in Mar. 2024 was $174 Mil. Therefore, GrumaB de CV's Tax Rate % for the quarter that ended in Mar. 2024 was 36.22%.

GrumaB de CV Tax Rate % Historical Data

The historical data trend for GrumaB de CV'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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GrumaB de CV Tax Rate % Chart

GrumaB de CV 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 35.86 36.53 35.99 37.42 35.26

GrumaB de CV 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 38.14 33.27 37.66 32.41 36.22

GrumaB de CV Tax Rate % Calculation

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

GrumaB de CV'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 )
=222.126/629.949
=35.26 %

GrumaB de CV'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 )
=63.062/174.099
=36.22 %

* 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.

GrumaB de CV Tax Rate % Related Terms

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GrumaB de CV (GrumaB de CV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gruma SAB de CV (OTCPK:GPAGF) » Definitions » Tax Rate %
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BAFARB KUOA HERDEZ MINSAB BIMBOA XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND LSE:ABF SHSE:600887 SZSE:300999 MKC K HRL TSE:2802 SGX:F34 SAU:2280
Traded in Other Exchanges
GMKKY:USA GRUMAB:Mexico 3G3B:Germany
Address
Calzada del Valle, 407 Ote., Colonia Del Valle, San Pedro Garza Garcia, NL, MEX, 66220
Website
http://www.gruma.com
Gruma SAB de CV is an international food production company, originally from Mexico. The product portfolio is large: corn and flour tortillas, wheat flour, naan, pita bread, flatbreads, wraps, chapatti, and pizza bases, along with other food products, such as snacks, pasta, rice, condiments, and palm hearts. The company has operations in America, Europe, Asia, and Oceania, and is present in over 100 countries across the globe. Its well-known brands are Maseca, Robin Hood, Mission, Guerrero, Tortiricas and Tosty.