Canadian Tire (TSX:CTC) Tax Rate % : 26.26% (As of Sep. 2024)

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What is Canadian Tire Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Canadian Tire's Tax Expense for the three months ended in Sep. 2024 was C$79 Mil. Canadian Tire's Pre-Tax Income for the three months ended in Sep. 2024 was C$299 Mil. Therefore, Canadian Tire's Tax Rate % for the quarter that ended in Sep. 2024 was 26.26%.

Canadian Tire Tax Rate % Historical Data

The historical data trend for Canadian Tire'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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Canadian Tire Tax Rate % Chart

Canadian Tire Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.36

26.41

25.92

25.32

40.80

Canadian Tire Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															140.12	25.02	21.18	24.44	26.26

Canadian Tire Tax Rate % Calculation

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

Canadian Tire'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 )
	=	233.7	/	572.8
	=	40.80 %

Canadian Tire's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	78.6	/	299.3
	=	26.26 %

Canadian Tire Tax Rate % Related Terms

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Canadian Tire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Canadian Tire Corp Ltd (TSX:CTC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CDNAF:USA CTC.A:Canada

Address

2180 Yonge Street, P.O. Box 770, Toronto, ON, CAN, M4P 2V8

Website

https://www.corp.canadiantire.ca

Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, Party City, and Helly Hansen. Its wide product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 11 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.

Canadian Tire Headlines

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