Commercial Metals Co (FRA:CMS) Tax Rate % : 26.58% (As of Feb. 2024)

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What is Commercial Metals Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Commercial Metals Co's Tax Expense for the three months ended in Feb. 2024 was €29 Mil. Commercial Metals Co's Pre-Tax Income for the three months ended in Feb. 2024 was €108 Mil. Therefore, Commercial Metals Co's Tax Rate % for the quarter that ended in Feb. 2024 was 26.58%.

Commercial Metals Co Tax Rate % Historical Data

The historical data trend for Commercial Metals Co'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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Commercial Metals Co Tax Rate % Chart

Commercial Metals Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Tax Rate %

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25.96

24.94

22.69

19.66

23.37

Commercial Metals Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Tax Rate %	Get a 7-Day Free Trial															23.63	24.54	22.59	21.55	26.58

Commercial Metals Co Tax Rate % Calculation

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

Commercial Metals Co's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Aug. 2023 )	/	Pre-Tax Income (A: Aug. 2023 )
	=	240.444	/	1028.844
	=	23.37 %

Commercial Metals Co's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2024 )	/	Pre-Tax Income (Q: Feb. 2024 )
	=	28.804	/	108.384
	=	26.58 %

Commercial Metals Co Tax Rate % Related Terms

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Commercial Metals Co (FRA:CMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Commercial Metals Co (FRA:CMS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CMC:USA CMC1:Mexico CMS:Germany

Address

6565 North MacArthur Boulevard, Irving, TX, USA, 75039

Website

https://www.cmc.com

Commercial Metals Co operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector. The Company has two reportable segments: North America and Europe.