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Hammond Manufacturing Co (TSX:HMM.A) Tax Rate % : 24.50% (As of Dec. 2023)


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What is Hammond Manufacturing Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hammond Manufacturing Co's Tax Expense for the three months ended in Dec. 2023 was C$1.6 Mil. Hammond Manufacturing Co's Pre-Tax Income for the three months ended in Dec. 2023 was C$6.7 Mil. Therefore, Hammond Manufacturing Co's Tax Rate % for the quarter that ended in Dec. 2023 was 24.50%.

Hammond Manufacturing Co Tax Rate % Historical Data

The historical data trend for Hammond Manufacturing Co'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.

Hammond Manufacturing Co Tax Rate % Chart

Hammond Manufacturing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.40 25.00 24.20 25.14 24.95

Hammond Manufacturing Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.62 25.60 25.51 24.05 24.50

Hammond Manufacturing Co Tax Rate % Calculation

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

Hammond Manufacturing Co'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 )
=6.238/24.999
=24.95 %

Hammond Manufacturing Co'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 )
=1.646/6.717
=24.50 %

* 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.

Hammond Manufacturing Co Tax Rate % Related Terms

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Hammond Manufacturing Co (TSX:HMM.A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hammond Manufacturing Co Ltd (TSX:HMM.A) » Definitions » Tax Rate %
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Traded in Other Exchanges
HMFAF:USA
Address
394 Edinburgh Road North, Guelph, ON, CAN, N1H 1E5
Website
https://www.hammfg.com
Hammond Manufacturing Co Ltd provides electrical and electronic components to Original Equipment Manufacturers (OEM) through a network of agents and distributors. Its product categories include Electrical Enclosures, Small Enclosures, Rack Mounting Solutions, PDUs & Outlet Strips, Transformers, and Classic Transformers & Chokes. Its geographical segments are Canada, the United States, and other countries, of which key revenue is derived from the United States.

Hammond Manufacturing Co (TSX:HMM.A) Headlines

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