Summit Materials (FRA:7SU) Tax Rate % : 14.13% (As of Mar. 2024)

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What is Summit Materials Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Summit Materials's Tax Expense for the three months ended in Mar. 2024 was €-10 Mil. Summit Materials's Pre-Tax Income for the three months ended in Mar. 2024 was €-72 Mil. Therefore, Summit Materials's Tax Rate % for the quarter that ended in Mar. 2024 was 14.13%.

Summit Materials Tax Rate % Historical Data

The historical data trend for Summit Materials'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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Summit Materials Tax Rate % Chart

Summit Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.86

-9.44

22.33

23.66

26.58

Summit Materials 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															17.16	20.97	9.32	95.04	14.13

Summit Materials Tax Rate % Calculation

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

Summit Materials'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 )
	=	96.136	/	361.723
	=	26.58 %

Summit Materials'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 )
	=	-10.18	/	-72.068
	=	14.13 %

Summit Materials Tax Rate % Related Terms

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Summit Materials (FRA:7SU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Summit Materials Inc (FRA:7SU) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SUM:USA

Address

1801 California Street, Suite 3500, Denver, CO, USA, 80202

Website

https://www.summit-materials.com

Summit Materials Inc is an aggregates supplier and cement producer in the United States. The company sells products that include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies to surrounding states along the Mississippi River from Minnesota to Louisiana. In addition to supplying aggregates to customers, the company uses a portion of its materials internally to produce ready-mix concrete and asphalt paving mix, which may be sold externally or used in its paving and related services businesses. The company operates in 22 U.S. states and in British Columbia, Canada and has assets in 21 U.S. states and in British Columbia, Canada through their platforms.

Summit Materials (FRA:7SU) Headlines

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