ZEK (Zekelman Industries) Tax Rate %: 24.92% (As of Jun. 2018)

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What is Zekelman Industries Tax Rate %?

Zekelman Industries ZEK Tax Rate % is 24.92% as of Jun. 2018.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zekelman Industries's Tax Expense for the three months ended in Jun. 2018 was $33.27 Mil. Zekelman Industries's Pre-Tax Income for the three months ended in Jun. 2018 was $133.51 Mil. Therefore, Zekelman Industries's Tax Rate % for the quarter that ended in Jun. 2018 was 24.92%.

Zekelman Industries Tax Rate % Related Terms

Zekelman Industries Tax Rate % Historical Data

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The historical data trend for Zekelman Industries'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.

Zekelman Industries Tax Rate % Chart

Zekelman Industries Annual Data
Trend Sep15 Sep16 Sep17
Tax Rate %
-412.91 15.84 17.79

Zekelman Industries Quarterly Data
Sep15 Sep16 Jun17 Sep17 Jun18
Tax Rate % 0.00 0.00 17.18 19.45 24.92

Zekelman Industries Tax Rate % Calculation

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

Zekelman Industries's Tax Rate % for the fiscal year that ended in Sep. 2017 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2017 )/Pre-Tax Income (A: Sep. 2017 )
=35.34/198.636
=17.79 %

Zekelman Industries's Tax Rate % for the quarter that ended in Jun. 2018 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2018 )/Pre-Tax Income (Q: Jun. 2018 )
=33.265/133.508
=24.92 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 24.92% mean?
Zekelman Industries (ZEK) has a Tax Rate % of 24.92% as of Jun. 2018.
Is Zekelman Industries' Tax Rate % too high?
Zekelman Industries' current Tax Rate % is 24.92%.
How does Zekelman Industries' Tax Rate % compare to ?
Zekelman Industries' Tax Rate % of 24.92% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Steel company?
A good Tax Rate % depends on the Steel industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Zekelman Industries's current Tax Rate % is 24.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zekelman Industries stock overvalued right now?
Zekelman Industries (ZEK) has a current Tax Rate % of 24.92%. The current Tax Rate % is 24.92%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Zekelman Industries (ZEK), the current Tax Rate % is 24.92% as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zekelman Industries Business Description

Comparable Companies
Address 227 West Monroe Street, Suite 2600, Chicago, IL, USA, 60606