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Coupang (MEX:CPNG) Tax Rate % : 51.52% (As of Sep. 2024)


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What is Coupang Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coupang's Tax Expense for the three months ended in Sep. 2024 was MXN1,339 Mil. Coupang's Pre-Tax Income for the three months ended in Sep. 2024 was MXN2,599 Mil. Therefore, Coupang's Tax Rate % for the quarter that ended in Sep. 2024 was 51.52%.

Coupang Tax Rate % Historical Data

The historical data trend for Coupang'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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Coupang Tax Rate % Chart

Coupang Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 0.03 -0.06 -0.06 1.08 -132.88

Coupang 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 22.22 -500.58 140.68 3,600.02 51.52

Coupang Tax Rate % Calculation

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

Coupang'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 )
=-13172.016/9912.961
=-132.88 %

Coupang'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 )
=1338.94/2599.12
=51.52 %

* 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.

Coupang Tax Rate % Related Terms

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Coupang Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Coupang Inc (MEX:CPNG) » Definitions » Tax Rate %
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Traded in Other Exchanges
CPNG:USA 788:Germany
Address
720 Olive Way, Suite 600, Seattle, WA, USA, 05510
Website
https://www.aboutcoupang.com
Coupang is South Korea's largest e-commerce platform that sells both owned and third-party inventory. Headquartered in the us, Coupang operates e-commerce businesses mainly in South Korea and Taiwan. The company has built an integrated logistics network that covers the entirety of South Korea, with extensive fulfillment centers that ensure timely delivery, even for orders placed seconds before midnight. Outside of its bread-and-butter e-commerce business, Coupang has expanded into provision of its Rocket delivery services to third-party merchants (fulfillment and logistics by Coupang), online grocery delivery Rocket Fresh, online meal delivery (Eats), e-commerce in Taiwan, luxury e-commerce (Farfetch), and travel.