Russel Metals (TSX:RUS) Tax Rate % : 23.67% (As of Sep. 2024)

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What is Russel Metals Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Russel Metals's Tax Expense for the three months ended in Sep. 2024 was C$11 Mil. Russel Metals's Pre-Tax Income for the three months ended in Sep. 2024 was C$45 Mil. Therefore, Russel Metals's Tax Rate % for the quarter that ended in Sep. 2024 was 23.67%.

Russel Metals Tax Rate % Historical Data

The historical data trend for Russel Metals'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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Russel Metals Tax Rate % Chart

Russel Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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27.32

12.19

25.50

23.71

23.52

Russel Metals 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															22.01	24.96	25.15	25.30	23.67

Russel Metals Tax Rate % Calculation

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

Russel Metals'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 )
	=	82	/	348.7
	=	23.52 %

Russel Metals'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 )
	=	10.7	/	45.2
	=	23.67 %

Russel Metals Tax Rate % Related Terms

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Russel Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Russel Metals Inc (TSX:RUS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RUSMF:USA RMZ:Germany

Address

6600 Financial Drive, Mississauga, ON, CAN, L5N 7J6

Website

https://www.russelmetals.com

Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; Energy Field Stores; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users. The Energy Field Stores segment distributes oil country tubular goods, line pipe, tubes, valves, and fittings, primarily to the energy industry in Western Canada and the U.S. The steel distributors segment acts as master distributors selling steel in large volumes to other steel service centers and equipment manufacturers mainly on an "as is" basis. The company generates all of its revenue from the North American market.

Executives

Stewart Burton	Director
William Michael O'reilly	Director
Daniel Bailey	Senior Officer
Cynthia Johnston	Director
Martin Leb Juravsky	Senior Officer
Sherri Lynn Mckelvey	Senior Officer
Lesley Margaret Seppings Coleman	Senior Officer
Brian Robie Hedges	Director
John Gregory Reid	Senior Officer
Gregg Edward Bryant	Senior Officer
Maureen Ann Kelly	Senior Officer
Roger Paiva	Director
Alice D. Laberge	Director
James Francis Dinning	Director
Annie Thabet	Director

Russel Metals Headlines

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