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Reliance (MEX:RS) Tax Rate % : 23.26% (As of Sep. 2024)


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What is Reliance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Reliance's Tax Expense for the three months ended in Sep. 2024 was MXN1,193 Mil. Reliance's Pre-Tax Income for the three months ended in Sep. 2024 was MXN5,129 Mil. Therefore, Reliance's Tax Rate % for the quarter that ended in Sep. 2024 was 23.26%.

Reliance Tax Rate % Historical Data

The historical data trend for Reliance'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.

* Premium members only.

Reliance Tax Rate % Chart

Reliance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.02 22.12 24.73 24.12 23.01

Reliance 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 23.71 17.97 23.32 23.28 23.26

Reliance Tax Rate % Calculation

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

Reliance'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 )
=6799.884/29547.073
=23.01 %

Reliance'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 )
=1193.232/5129.323
=23.26 %

* 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.

Reliance Tax Rate % Related Terms

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Reliance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reliance Inc (MEX:RS) » Definitions » Tax Rate %
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STLD X CMC TX CLF WS MTUS RDUS ZEUS USAP NUE BOM:500228 NSE:TATASTEEL TSE:5401 SHSE:600019 XAMS:MT XKRX:005490 SHSE:600010 BOM:532286 TPE:2002
Traded in Other Exchanges
RS:USA RS6:Germany
Address
16100 N. 71st Street, Suite 400, Scottsdale, AZ, USA, 85254
Website
https://www.reliance.com
Reliance Inc is a diversified metal solutions provider and metals service center company. It provides value-added metals processing services and distributes.