Martinrea International (TSX:MRE) Tax Rate % : -21.31% (As of Dec. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Martinrea International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Martinrea International's Tax Expense for the three months ended in Dec. 2024 was C$23 Mil. Martinrea International's Pre-Tax Income for the three months ended in Dec. 2024 was C$-110 Mil. Therefore, Martinrea International's Tax Rate % for the quarter that ended in Dec. 2024 was -21.31%.

Martinrea International Tax Rate % Historical Data

The historical data trend for Martinrea International'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.

Martinrea International Tax Rate % Chart

Martinrea International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

Get a 7-Day Free Trial

-78.43

24.08

23.68

22.06

165.67

Martinrea International 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															73.27	24.18	28.74	70.15	-21.31

Martinrea International Tax Rate % Calculation

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

Martinrea International'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 )
	=	87.149	/	52.603
	=	165.67 %

Martinrea International'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 )
	=	23.424	/	-109.908
	=	-21.31 %

Martinrea International Tax Rate % Related Terms

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

Martinrea International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Martinrea International Inc (TSX:MRE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MRETF:USA 03M:Germany

Address

3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2

Website

https://www.martinrea.com

Martinrea International Inc is a diversified and world-wide automotive supplier engaged in the design, development and manufacturing of engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used in the automotive sector by the majority of vehicle manufacturers. The Company's offerings include products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The company also provides metal forming and welding solutions. The company operates in North America, Europe and Rest of the World.

Executives

Edward Waitzer	Director
Ganesh Koduvayur Venkatasubramanian Kesavan Iyer	Senior Officer
Robert Peter Edward Wildeboer	Director, Senior Officer
Peter Cirulis	Senior Officer
Alfredo Alonso	Senior Officer
Alfred Di Tosto	Senior Officer
Hany Morsy	Senior Officer
Frank Patrick D'eramo	Director
Armando Pagliari	Senior Officer
Michael Allen Leal	Senior Officer
Bruce Norman Johnson	Senior Officer
Lawrence Arthur Paine	Senior Officer
Megan Rae Hunter Lulgjuraj	Senior Officer
Kerri Lynn Pope	Senior Officer
Sandra Pupatello	Director

Martinrea International Headlines

No Headlines