Mechel PAO (MIC:MTLR) Tax Rate %: 52.88% (As of Jun. 2023)


MIC:MTLR Mechel PAO MIC:MTLR
17 GF Score
Price ₽36.18
View Full Analysis

What is Mechel PAO Tax Rate %?

Mechel PAO MIC:MTLR +0.67% 17 Tax Rate % is 52.88% as of Jun. 2023. GuruFocus rates MIC:MTLR with a GF Score™ of 17/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mechel PAO's Tax Expense for the six months ended in Jun. 2023 was ₽-3,899 Mil. Mechel PAO's Pre-Tax Income for the six months ended in Jun. 2023 was ₽-7,373 Mil. Therefore, Mechel PAO's Tax Rate % for the quarter that ended in Jun. 2023 was 52.88%.

Mechel PAO Tax Rate % Related Terms

Mechel PAO Tax Rate % Historical Data

* Premium members only.

The historical data trend for Mechel PAO'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.

Mechel PAO Tax Rate % Chart

Mechel PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.04 11.27 41.67 -6.72 7.31

Mechel PAO Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 16.73 15.51 0.93 18.96 52.88
MIC:MTLR
17GF Score
Mechel PAO MIC:MTLR
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mechel PAO Tax Rate % Calculation

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

Mechel PAO's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=6511/89130
=7.31 %

Mechel PAO's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=-3899/-7373
=52.88 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 52.88% mean?
Mechel PAO (MIC:MTLR) has a Tax Rate % of 52.88% as of Jun. 2023.
Is Mechel PAO's Tax Rate % too high?
Mechel PAO's current Tax Rate % is 52.88%. Overall, Mechel PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mechel PAO's Tax Rate % compare to NUE and STLD?
Mechel PAO's Tax Rate % of 52.88% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Steel company?
A good Tax Rate % depends on the Steel industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Mechel PAO's current Tax Rate % is 52.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mechel PAO stock overvalued right now?
Mechel PAO (MIC:MTLR) has a current Tax Rate % of 52.88%. The current Tax Rate % is 52.88%. Mechel PAO's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Mechel PAO (MIC:MTLR), the current Tax Rate % is 52.88% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mechel PAO Business Description

Address Krasnoarmeyskaya Street 1, Moscow, RUS, 125167
Mechel PAO is a vertically integrated group operating into three industrial segments Mining, Steel and Power. The mining segment produces metallurgical coal (coking coal, PCI and anthracite), steam coal, iron ore and iron ore concentrate, coke and chemical products. The segment consists of its coal, iron ore and coke production facilities in Russia. The steel segment produces and sells semi-finished steel products, long products of a wide range of steel grades, carbon and stainless flat steel products and high value-added metal products, including wire products, stampings and forgings, structural shapes, beams and rails. The power segment sells electricity and capacity to the wholesale market. The majority of the revenue is derived from the Steel segment.
17GF Score

Get the complete analysis for MIC:MTLR

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽36.18
Price