Alamo Group (FRA:AL3) Tax Rate % : 23.13% (As of Mar. 2024)

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What is Alamo Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Alamo Group's Tax Expense for the three months ended in Mar. 2024 was €9 Mil. Alamo Group's Pre-Tax Income for the three months ended in Mar. 2024 was €38 Mil. Therefore, Alamo Group's Tax Rate % for the quarter that ended in Mar. 2024 was 23.13%.

Alamo Group Tax Rate % Historical Data

The historical data trend for Alamo Group'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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Alamo Group Tax Rate % Chart

Alamo Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.41

27.52

26.72

24.11

22.25

Alamo Group 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															25.01	22.39	19.82	21.66	23.13

Alamo Group Tax Rate % Calculation

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

Alamo Group'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 )
	=	35.725	/	160.585
	=	22.25 %

Alamo Group'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 )
	=	8.894	/	38.444
	=	23.13 %

Alamo Group Tax Rate % Related Terms

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Alamo Group (FRA:AL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Alamo Group Inc (FRA:AL3) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ALG:USA

Address

1627 East Walnut, Seguin, TX, USA, 78155

Website

https://www.alamo-group.com

Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.

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