Cementos Molins (XMAD:CMO) Tax Rate % : 17.85% (As of Jun. 2024)

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What is Cementos Molins Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cementos Molins's Tax Expense for the six months ended in Jun. 2024 was €25.6 Mil. Cementos Molins's Pre-Tax Income for the six months ended in Jun. 2024 was €143.4 Mil. Therefore, Cementos Molins's Tax Rate % for the quarter that ended in Jun. 2024 was 17.85%.

Cementos Molins Tax Rate % Historical Data

The historical data trend for Cementos Molins'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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Cementos Molins Tax Rate % Chart

Cementos Molins Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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20.57

19.06

14.00

26.63

29.67

Cementos Molins Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
Tax Rate %	Get a 7-Day Free Trial															20.50	26.71	32.79	21.43	17.85

Cementos Molins Tax Rate % Calculation

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

Cementos Molins's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	53.018	/	178.716
	=	29.67 %

Cementos Molins's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	25.595	/	143.388
	=	17.85 %

Cementos Molins Tax Rate % Related Terms

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Cementos Molins Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Molins SA (XMAD:CMO) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Calle Espronceda 38, local 3, Madrid, ESP, 28003

Website

http://www.cemolins.es

Cementos Molins SA engages in the manufacturing and selling of gray cement and white cement used for various construction purposes in the civil engineering industry. The group's core business is to manufacture and market its products which include, cement, clinker, concrete, mortars, aggregates, and precast concrete. It caters to markets around the world which include Spain, Argentina, Uruguay, Mexico, Bangladesh, India, Tunisia, China, Bolivia, and Columbia. It generates the majority of its revenues from the sales of its products through in the foreign markets.