Marks Electrical Group (LSE:MRK) Tax Rate % : 25.00% (As of Sep. 2023)

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What is Marks Electrical Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Marks Electrical Group's Tax Expense for the six months ended in Sep. 2023 was £0.3 Mil. Marks Electrical Group's Pre-Tax Income for the six months ended in Sep. 2023 was £1.2 Mil. Therefore, Marks Electrical Group's Tax Rate % for the quarter that ended in Sep. 2023 was 25.00%.

Marks Electrical Group Tax Rate % Historical Data

The historical data trend for Marks Electrical Group'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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Marks Electrical Group Tax Rate % Chart

Marks Electrical Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

18.14

18.04

20.38

12.67

19.71

Marks Electrical Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Tax Rate %	Get a 7-Day Free Trial				21.41	2.00	17.90	20.60	25.00

Marks Electrical Group Tax Rate % Calculation

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

Marks Electrical Group's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	1.266	/	6.423
	=	19.71 %

Marks Electrical Group's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	0.291	/	1.164
	=	25.00 %

Marks Electrical Group Tax Rate % Related Terms

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Marks Electrical Group (LSE:MRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks Electrical Group PLC (LSE:MRK) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Boston Road, Leicester, GBR, LE4 1AU

Website

https://www.markselectrical.co.uk

Marks Electrical Group PLC sells, delivers, installs, and recycles a wide range of household electrical products. Primarily through its retail website - markselectrical.co.uk, the company offers over 3,000 products from over fifty brands across its main product categories, which include Cooking, Refrigeration, Washers & Dryers, Dishwashers and Audio-Visual. These products are sourced from UK distributors of the brands, with whom the group maintains strong and direct relationships. Delivery to customers is operated by its own skilled team of delivery drivers in its owned and branded vehicles, who are also able to offer installation and recycling services.