MetroGas (BUE:METR) Tax Rate % : 26.40% (As of Mar. 2024)

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What is MetroGas Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MetroGas's Tax Expense for the three months ended in Mar. 2024 was ARS6,987 Mil. MetroGas's Pre-Tax Income for the three months ended in Mar. 2024 was ARS26,468 Mil. Therefore, MetroGas's Tax Rate % for the quarter that ended in Mar. 2024 was 26.40%.

MetroGas Tax Rate % Historical Data

The historical data trend for MetroGas'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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MetroGas Tax Rate % Chart

MetroGas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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70.76

-56.80

-609.08

46.17

-89.05

MetroGas 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															54.05	-314.80	557.23	-51.67	26.40

MetroGas Tax Rate % Calculation

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

MetroGas'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 )
	=	-45386	/	50969
	=	-89.05 %

MetroGas'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 )
	=	6987	/	26468
	=	26.40 %

MetroGas Tax Rate % Related Terms

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MetroGas (BUE:METR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » MetroGas SA (BUE:METR) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

General Gregorio Araoz de Lamadrid 1360, Ciudad Autonoma de Buenos Aires, Buenos Aires, ARG, C1267AAB

Website

http://www.metrogas.com.ar

MetroGas SA is engaged in the utility sector. It is a gas distribution company engaged in the provision of natural gas distribution public services. The company is engaged in the commercialization and transportation of natural gas on behalf of or in association with third parties in Argentina. Its reporting segments include MetroGAS Distribution and MetroENERGIA Trading. The company generates maximum revenue from MetroGAS Distribution segment. It serves residential, commercial, and industrial customers.

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