Migros Turk TAS (IST:MGROS) Tax Rate % : 32.67% (As of Mar. 2024)

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What is Migros Turk TAS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Migros Turk TAS's Tax Expense for the three months ended in Mar. 2024 was ₺614 Mil. Migros Turk TAS's Pre-Tax Income for the three months ended in Mar. 2024 was ₺1,880 Mil. Therefore, Migros Turk TAS's Tax Rate % for the quarter that ended in Mar. 2024 was 32.67%.

Migros Turk TAS Tax Rate % Historical Data

The historical data trend for Migros Turk TAS'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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Migros Turk TAS Tax Rate % Chart

Migros Turk TAS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-6.85

-83.02

-58.86

-0.25

17.48

Migros Turk TAS 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															29.25	14.98	-15.29	27.15	32.67

Migros Turk TAS Tax Rate % Calculation

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

Migros Turk TAS'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 )
	=	1886.524	/	10791.919
	=	17.48 %

Migros Turk TAS'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 )
	=	614.249	/	1880.285
	=	32.67 %

Migros Turk TAS Tax Rate % Related Terms

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Migros Turk TAS (IST:MGROS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Migros Turk TAS (IST:MGROS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Atatürk Mah. Turgut Özal Bulvar? No: 7, Atasehir - Istanbul, TUR, 34758

Website

http://www.migroskurumsal.com

Migros Turk TAS is a Turkey-based company that is principally engaged in the retail business. The company offers a broad range of merchandise, including food items, groceries, cosmetics, glass and kitchenware, stationery, electronic appliances, books, and others. The company operates through a number of store brands, including Migros stores, which account for the majority of the company's total stores; Macrocenter stores, which provides exclusive goods; and Ramstore stores, which are located outside Turkey and offer Turkish products. The company also operates business through an online channel. It generates the majority of its total revenue from the domestic market.

Migros Turk TAS (IST:MGROS) Headlines

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