M3 (MTHRF) Tax Rate % : 16.33% (As of Mar. 2024)

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What is M3 Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. M3's Tax Expense for the three months ended in Mar. 2024 was $13 Mil. M3's Pre-Tax Income for the three months ended in Mar. 2024 was $77 Mil. Therefore, M3's Tax Rate % for the quarter that ended in Mar. 2024 was 16.33%.

M3 Tax Rate % Historical Data

The historical data trend for M3'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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M3 Tax Rate % Chart

M3 Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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30.21

29.29

31.27

30.05

29.48

M3 Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															27.94	31.65	33.79	31.12	16.33

M3 Tax Rate % Calculation

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

M3's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	135.437	/	459.489
	=	29.48 %

M3's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	12.549	/	76.86
	=	16.33 %

M3 Tax Rate % Related Terms

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M3 (MTHRF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » M3 Inc (OTCPK:MTHRF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MTHRY:USA 2413:Japan 4YC:Germany

Address

Akasaka Intercity 10th floor, 1-11-44 Akasaka, Minato-ku, Tokyo, JPN, 105-0012

Website

http://corporate.m3.com

M3, Inc. is a Japan-based company engaged in providing medical-related services through the use of the Internet. It also supports marketing of pharmaceutical companies and medical equipment manufacturers. The company's business segment includes, Medical Portal segment, Evidence Solution segment, Overseas segment, Clinical Platform segment, Sales Platform segment, and Others. The company generates the majority of its revenue from Medical Portal segment.