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Montauk Renewables (JSE:MKR) Tax Rate % : 18.87% (As of Sep. 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 Sep. 2024 was R70 Mil. Montauk Renewables's Pre-Tax Income for the three months ended in Sep. 2024 was R370 Mil. Therefore, Montauk Renewables's Tax Rate % for the quarter that ended in Sep. 2024 was 18.87%.

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 %
Get a 7-Day Free Trial -6.48 430.44 -1,133.83 18.61 18.61

Montauk Renewables Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 17.84 13.31 18.25 -93.48 18.87

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 Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=69.763/369.72
=18.87 %

* 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.

Montauk Renewables Tax Rate % Related Terms

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Montauk Renewables Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Montauk Renewables Inc (JSE:MKR) » Definitions » Tax Rate %
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Traded in Other Exchanges
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 two segments: Renewable Natural Gas and Renewable Electricity Generation. It generates a majority of its revenue from the Renewable Natural Gas segment.

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