Morguard (TSX:MRC) Tax Rate % : 7.66% (As of Dec. 2024)

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What is Morguard Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Morguard's Tax Expense for the three months ended in Dec. 2024 was C$5 Mil. Morguard's Pre-Tax Income for the three months ended in Dec. 2024 was C$64 Mil. Therefore, Morguard's Tax Rate % for the quarter that ended in Dec. 2024 was 7.66%.

Morguard Tax Rate % Historical Data

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

Morguard Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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21.81

37.12

17.13

28.62

19.71

Morguard Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															245.45	7.25	24.89	76.94	7.66

Morguard Tax Rate % Calculation

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

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

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	58.837	/	298.471
	=	19.71 %

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

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	4.934	/	64.447
	=	7.66 %

Morguard Tax Rate % Related Terms

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Morguard Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Morguard Corp (TSX:MRC) » Definitions » Tax Rate %

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MRCBF:USA

Address

55 City Centre Drive, Suite 1000, Legal Department, Mississauga, ON, CAN, L5B 1M3

Website

https://www.morguard.com

Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: multi-suite residential, retail, office, and hotel. and the majority of its revenue is generated from the Multi-suite Residential segment. Geographically, the company operates in the United States and Canada. The company also offers real estate management services and property investment advisory services.

Executives