Grupo MexicoB de CV (Grupo MexicoB de CV) Tax Rate % : 41.25% (As of Sep. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Grupo MexicoB de CV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grupo MexicoB de CV's Tax Expense for the three months ended in Sep. 2023 was $591 Mil. Grupo MexicoB de CV's Pre-Tax Income for the three months ended in Sep. 2023 was $1,432 Mil. Therefore, Grupo MexicoB de CV's Tax Rate % for the quarter that ended in Sep. 2023 was 41.25%.

Grupo MexicoB de CV Tax Rate % Historical Data

The historical data trend for Grupo MexicoB de CV'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.

Grupo MexicoB de CV Tax Rate % Chart

Grupo MexicoB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

Get a 7-Day Free Trial

36.55

30.38

35.98

35.38

32.78

Grupo MexicoB de CV Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial															29.00	32.35	26.27	23.78	41.25

Grupo MexicoB de CV Tax Rate % Calculation

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

Grupo MexicoB de CV'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 )
	=	1824.633	/	5566.786
	=	32.78 %

Grupo MexicoB de CV's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	590.703	/	1431.933
	=	41.25 %

Grupo MexicoB de CV Tax Rate % Related Terms

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

Grupo MexicoB de CV (Grupo MexicoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grupo Mexico SAB de CV (OTCPK:GMBXF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GMEXICOB:Mexico 4GE:Germany

Address

Campos Eliieos No. 400, Col. lomas de chapultepec, Mexico, DF, MEX, C.P. 11000

Website

http://www.gmexico.com

Grupo Mexico SAB de CV is a holding company that operates in the mining-metallurgic industry, the exploration, exploitation, and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The majority of the group's revenue is generated by the mining division, through its subsidiary AMC. The company has 14 mines and exploration projects in Mexico, Peru, the United States of America, Chile, Ecuador, and Argentina, and its products include copper, molybdenum, silver, zinc, gold, and lead. The company also has a transportation division comprised of three large railroad companies through its subsidiary FM Rail Holding. Together, they form the largest railroad operator in Mexico, both in terms of coverage and fleet size.

Grupo MexicoB de CV (Grupo MexicoB de CV) Headlines

From GuruFocus

Grupo Mexico SAB de CV's Dividend Analysis

By GuruFocus Research • 11-21-2023