Mainfreight (NZSE:MFT) Tax Rate % : 61.86% (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Mainfreight Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mainfreight's Tax Expense for the six months ended in Mar. 2024 was NZ$136 Mil. Mainfreight's Pre-Tax Income for the six months ended in Mar. 2024 was NZ$221 Mil. Therefore, Mainfreight's Tax Rate % for the quarter that ended in Mar. 2024 was 61.86%.

Mainfreight Tax Rate % Historical Data

The historical data trend for Mainfreight'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.

Mainfreight Tax Rate % Chart

Mainfreight Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

Get a 7-Day Free Trial

20.98

28.31

27.38

27.40

47.22

Mainfreight Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Tax Rate %	Get a 7-Day Free Trial															26.94	28.07	26.68	28.76	61.86

Mainfreight Tax Rate % Calculation

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

Mainfreight'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 )
	=	186.712	/	395.383
	=	47.22 %

Mainfreight'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 )
	=	136.425	/	220.546
	=	61.86 %

Mainfreight Tax Rate % Related Terms

Thank you for viewing the detailed overview of Mainfreight's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Mainfreight (NZSE:MFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mainfreight Ltd (NZSE:MFT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MFGHF:USA

Address

2 Railway Lane, Otahuhu, Auckland, NTL, NZL, 1062

Website

https://www.mainfreight.com

Mainfreight Ltd is in the business of supply chain logistics. It provides the full spectrum of warehousing, domestic distribution, and international air and ocean freight services. Geographically, it operates businesses in more than 300 branches throughout New Zealand, Australia, Europe, Asia, and the United States.