Globe Telecom (PHS:GLO) Tax Rate % : 24.44% (As of Dec. 2023)

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What is Globe Telecom Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Globe Telecom's Tax Expense for the three months ended in Dec. 2023 was ₱1,687 Mil. Globe Telecom's Pre-Tax Income for the three months ended in Dec. 2023 was ₱6,901 Mil. Therefore, Globe Telecom's Tax Rate % for the quarter that ended in Dec. 2023 was 24.44%.

Globe Telecom Tax Rate % Historical Data

The historical data trend for Globe Telecom'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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Globe Telecom Tax Rate % Chart

Globe Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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32.12

31.38

18.31

21.53

24.18

Globe Telecom Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															22.71	25.55	23.35	23.02	24.44

Globe Telecom Tax Rate % Calculation

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

Globe Telecom'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 )
	=	7837.66	/	32415.67
	=	24.18 %

Globe Telecom's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1686.744	/	6900.756
	=	24.44 %

Globe Telecom Tax Rate % Related Terms

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Globe Telecom (PHS:GLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Globe Telecom Inc (PHS:GLO) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GTMEY:USA

Address

32nd Street Corner 7th Avenue, 27th Floor, The Globe Tower, Bonifacio Global City, Taguig, PHL, 1634

Website

https://www.globe.com.ph

Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.