Monro (MNRO) Tax Rate %: 28.59% (As of Mar. 2026)

What is Monro Tax Rate %?

Monro MNRO +0.23% 69 Tax Rate % is 28.59% as of Mar. 2026. GuruFocus rates MNRO with a GF Score™ of 69/100 and a GF Value™ of $23.63 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Monro's Tax Expense for the three months ended in Mar. 2026 was $-3 Mil. Monro's Pre-Tax Income for the three months ended in Mar. 2026 was $-9 Mil. Therefore, Monro's Tax Rate % for the quarter that ended in Mar. 2026 was 28.59%.

Monro Tax Rate % Related Terms

Monro Tax Rate % Historical Data

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The historical data trend for Monro'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.

Monro Tax Rate % Chart

Monro Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Tax Rate %

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20.34

31.69

27.58

12.36

29.90

Monro Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Tax Rate %	Get a 7-Day Free Trial															24.29	24.77	32.86	23.60	28.59

69GF Score

Monro Inc MNRO

Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.

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Monro Tax Rate % Calculation

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

Monro's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2026 )	/	Pre-Tax Income (A: Mar. 2026 )
	=	0.927	/	3.1
	=	29.90 %

Monro's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2026 )	/	Pre-Tax Income (Q: Mar. 2026 )
	=	-2.635	/	-9.216
	=	28.59 %

Frequently Asked Questions Learn more about Tax Rate % →

What does a Tax Rate % of 28.59% mean?

Monro (MNRO) has a Tax Rate % of 28.59% as of Mar. 2026.

Is Monro's Tax Rate % too high?

Monro's current Tax Rate % is 28.59%. Overall, Monro has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Monro's Tax Rate % compare to CPS and ECX?

Monro's Tax Rate % of 28.59% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?

A good Tax Rate % depends on the Vehicles & Parts 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. Monro's current Tax Rate % is 28.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Monro stock overvalued right now?

Based on GuruFocus' analysis, Monro (MNRO) is currently considered Modestly Undervalued. The stock's GF Value™ is $23.63, compared to a current price of $17.15 — trading 27.4% below its estimated fair value. The current Tax Rate % is 28.59%. Monro's overall GF Score™ is 69/100 with 5 warning signs to review. 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 Monro (MNRO), the current Tax Rate % is 28.59% as of Mar. 2026. 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.

Is Monro (MNRO) Overvalued in 2026?

Based on GuruFocus' analysis, Monro stock appears to be undervalued. The current stock price of $17.15 is trading 27.4% below its estimated GF Value™ of $23.63. GuruFocus considers Monro to be Modestly Undervalued.

Key valuation signals for MNRO:

Tax Rate %: 28.59%
GF Value™: $23.63 vs. price of $17.15 (27.4% below fair value)
GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the MNRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Monro Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies CPS ECX SLDP MLR MVST STRT SES HLLY MPAA SCTH ORLY TSE:5802 AZO TSE:6902 XKRX:012330 TSE:5108 XPAR:ML SHSE:600660 XTER:KBX TSX:MG

Other Exchanges MR2:Germany

Address 295 Woodcliff Drive, Suite 202, Fairport, NY, USA, 14450

Website https://www.monro.com

Monro Inc is an operator of retail tire and automotive repair stores in the United States. The company offers replacement tires and tire related services, automotive undercar repair services, and a broad range of routine maintenance services, on passenger cars, light trucks, and vans. It also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment.

69GF Score

Get the complete analysis for MNRO

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

$17.15

Price

$23.63

GF Value

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