Grupo Mexicano de Desarrollo S A B (MEX:GMD) Tax Rate % : 20.36% (As of Sep. 2024)

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What is Grupo Mexicano de Desarrollo S A B Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grupo Mexicano de Desarrollo S A B's Tax Expense for the three months ended in Sep. 2024 was MXN76 Mil. Grupo Mexicano de Desarrollo S A B's Pre-Tax Income for the three months ended in Sep. 2024 was MXN375 Mil. Therefore, Grupo Mexicano de Desarrollo S A B's Tax Rate % for the quarter that ended in Sep. 2024 was 20.36%.

Grupo Mexicano de Desarrollo S A B Tax Rate % Historical Data

The historical data trend for Grupo Mexicano de Desarrollo S A B'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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Grupo Mexicano de Desarrollo S A B Tax Rate % Chart

Grupo Mexicano de Desarrollo S A B Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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29.69

30.13

23.55

22.80

31.80

Grupo Mexicano de Desarrollo S A B 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															27.11	58.81	20.01	27.22	20.36

Grupo Mexicano de Desarrollo S A B Tax Rate % Calculation

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

Grupo Mexicano de Desarrollo S A B'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 )
	=	338.227	/	1063.471
	=	31.80 %

Grupo Mexicano de Desarrollo S A B'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 )
	=	76.306	/	374.835
	=	20.36 %

Grupo Mexicano de Desarrollo S A B Tax Rate % Related Terms

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Grupo Mexicano de Desarrollo S A B Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Grupo Mexicano de Desarrollo S A B (MEX:GMD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Carretera Mexico, Toluca 4000, Cuajimalpa, DF, MEX, 05000

Website

http://www.gmd.com.mx

Grupo Mexicano de Desarrollo S A B is engaged in the creation, construction, and administration of infrastructure projects in Mexico. It offers engineering solutions including the construction of civil works and operation of services public concessions. The infrastructure projects of the company comprise Viaducto Punta Diamante, Ecosys I y II, Industria Metalica Integrada, and Carretera Mozimba-Pie de la Cuesta among others.

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