Montauk Renewables (JSE:MKR) Tax Rate % : 18.25% (As of Mar. 2024)

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What is Montauk Renewables Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Montauk Renewables's Tax Expense for the three months ended in Mar. 2024 was R8 Mil. Montauk Renewables's Pre-Tax Income for the three months ended in Mar. 2024 was R43 Mil. Therefore, Montauk Renewables's Tax Rate % for the quarter that ended in Mar. 2024 was 18.25%.

Montauk Renewables Tax Rate % Historical Data

The historical data trend for Montauk Renewables'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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Montauk Renewables Tax Rate % Chart

Montauk Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-6.48

430.44

-1,133.83

18.61

Montauk Renewables Quarterly Data
	Dec18	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															76.10	92.25	17.84	13.31	18.25

Montauk Renewables Tax Rate % Calculation

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

Montauk Renewables'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 )
	=	63.687	/	342.21
	=	18.61 %

Montauk Renewables'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 )
	=	7.784	/	42.653
	=	18.25 %

Montauk Renewables Tax Rate % Related Terms

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Montauk Renewables (JSE:MKR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Montauk Renewables Inc (JSE:MKR) » Definitions » Tax Rate %

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MNTK:USA

Address

5313 Campbells Run Road, Suite 200, Pittsburgh, PA, USA, 15205

Website

https://ir.montaukrenewables.com

Montauk Renewables Inc is a United States-based renewable energy company. It specializes in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement for fossil fuels. The firm develops, owns, and operates RNG projects that supply renewable fuel into the transportation and electrical power sectors. Montauk operates in three segments: Renewable Natural Gas, Renewable Electricity Generation and Corporate. It generates a majority of its revenue from the Renewable Natural Gas segment.

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