Grupo Argos (BOG:GRUPOARGOS) Tax Rate % : 36.36% (As of Mar. 2024)

View and export this data going back to 1981. Start your Free Trial

What is Grupo Argos Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grupo Argos's Tax Expense for the three months ended in Mar. 2024 was COP670,381 Mil. Grupo Argos's Pre-Tax Income for the three months ended in Mar. 2024 was COP1,843,886 Mil. Therefore, Grupo Argos's Tax Rate % for the quarter that ended in Mar. 2024 was 36.36%.

Grupo Argos Tax Rate % Historical Data

The historical data trend for Grupo Argos'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 Argos Tax Rate % Chart

Grupo Argos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

32.59

62.09

27.20

36.11

34.55

Grupo Argos Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															23.44	29.34	25.88	81.81	36.36

Grupo Argos Tax Rate % Calculation

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

Grupo Argos'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 )
	=	770695	/	2230693
	=	34.55 %

Grupo Argos's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	670381	/	1843886
	=	36.36 %

Grupo Argos Tax Rate % Related Terms

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

Grupo Argos (BOG:GRUPOARGOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Grupo Argos SA (BOG:GRUPOARGOS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PFGRUPOARG:Columbia

Address

Carrera 43A, No. 1A Sur 143, Santillana Center - South Tower, Medellin, COL

Website

https://www.grupoargos.com

Grupo Argos SA is a holding company with businesses spanning multiple industries including cement, energy, highway and airport construction, port operations, real estate, and coal. The Cement segment, which generates the majority of revenue, has a majority ownership stake in Cementos Argos, which manufactures and sells cement, concrete, and cement-related products in multiple countries throughout the Americas. The Energy segment has a majority ownership stake in a company named Celsia, which generates and sells gas, thermal energy, and hydroelectric energy throughout Central and South America.

Grupo Argos (BOG:GRUPOARGOS) Headlines

No Headlines