Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) Tax Rate %: 24.57% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:GLRMK Gulermak Agir Sanayi Insaat Ve Taahhut AS IST:GLRMK
20 GF Score
Price ₺163.00
! 2 Warning Signs
View Full Analysis

What is Gulermak Agirnayi Insaat Ve Taahhut AS Tax Rate %?

Gulermak Agirnayi Insaat Ve Taahhut AS IST:GLRMK +1.94% 20 Tax Rate % is 24.57% as of Mar. 2026. GuruFocus rates IST:GLRMK with a GF Score™ of 20/100. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gulermak Agirnayi Insaat Ve Taahhut AS's Tax Expense for the three months ended in Mar. 2026 was ₺199 Mil. Gulermak Agirnayi Insaat Ve Taahhut AS's Pre-Tax Income for the three months ended in Mar. 2026 was ₺809 Mil. Therefore, Gulermak Agirnayi Insaat Ve Taahhut AS's Tax Rate % for the quarter that ended in Mar. 2026 was 24.57%.

Gulermak Agirnayi Insaat Ve Taahhut AS Tax Rate % Related Terms

Gulermak Agirnayi Insaat Ve Taahhut AS Tax Rate % Historical Data

* Premium members only.

The historical data trend for Gulermak Agirnayi Insaat Ve Taahhut AS'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.

Gulermak Agirnayi Insaat Ve Taahhut AS Tax Rate % Chart

Gulermak Agirnayi Insaat Ve Taahhut AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
22.42 129.89 -27.40 17.61 30.17

Gulermak Agirnayi Insaat Ve Taahhut AS Quarterly Data
Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.85 42.60 20.22 47.05 24.57
IST:GLRMK
20GF Score
Gulermak Agir Sanayi Insaat Ve Taahhut AS IST:GLRMK
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gulermak Agirnayi Insaat Ve Taahhut AS Tax Rate % Calculation

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

Gulermak Agirnayi Insaat Ve Taahhut AS's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=1849.774/6131.974
=30.17 %

Gulermak Agirnayi Insaat Ve Taahhut AS's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=198.904/809.379
=24.57 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 24.57% mean?
Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) has a Tax Rate % of 24.57% as of Mar. 2026.
Is Gulermak Agirnayi Insaat Ve Taahhut AS's Tax Rate % too high?
Gulermak Agirnayi Insaat Ve Taahhut AS's current Tax Rate % is 24.57%. Overall, Gulermak Agirnayi Insaat Ve Taahhut AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Gulermak Agirnayi Insaat Ve Taahhut AS's Tax Rate % compare to PWR and FIX?
Gulermak Agirnayi Insaat Ve Taahhut AS's Tax Rate % of 24.57% can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Construction company?
A good Tax Rate % depends on the Construction industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Gulermak Agirnayi Insaat Ve Taahhut AS's current Tax Rate % is 24.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulermak Agirnayi Insaat Ve Taahhut AS stock overvalued right now?
Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) has a current Tax Rate % of 24.57%. The current Tax Rate % is 24.57%. Gulermak Agirnayi Insaat Ve Taahhut AS's overall GF Score™ is 20/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK), the current Tax Rate % is 24.57% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gulermak Agirnayi Insaat Ve Taahhut AS Business Description

Address Ankara Street, No: 111 Golbasi, Bahcelievler District, Ankara, TUR
Gulermak Agir Sanayi Insaat Ve Taahhut AS Operating in large-scale and complex infrastructure projects in the construction sector. The Company's main field of activity is to provide turnkey infrastructure and industrial construction projects such as metro, railway, tram, tunnel, road, bridge, dam, cement factory, glass factory, sugar factory and power plants for official and private institutions in Turkey and abroad. The Company continues its activities in different geographies in Poland, Romania, Sweden, Switzerland, Philippines, North Macedonia, U.A.E. and India.
20GF Score

Get the complete analysis for IST:GLRMK

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺163.00
Price