KT&G (LUX:KT&GC) Tax Rate % : 21.74% (As of Mar. 2024)

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What is KT&G Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. KT&G's Tax Expense for the three months ended in Mar. 2024 was $60 Mil. KT&G's Pre-Tax Income for the three months ended in Mar. 2024 was $276 Mil. Therefore, KT&G's Tax Rate % for the quarter that ended in Mar. 2024 was 21.74%.

KT&G Tax Rate % Historical Data

The historical data trend for KT&G'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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KT&G Tax Rate % Chart

KT&G Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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28.97

27.32

28.86

29.07

25.54

KT&G 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															29.49	26.27	27.13	4.97	21.74

KT&G Tax Rate % Calculation

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

KT&G'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 )
	=	244.432	/	957.059
	=	25.54 %

KT&G'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 )
	=	60.017	/	276.025
	=	21.74 %

KT&G Tax Rate % Related Terms

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KT&G (LUX:KT&GC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » KT&G Corp (LUX:KT&GC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

033780:Korea

Address

100, Pyong chon-dong, Daedeog-gu, Daejeon, KOR, 306-712

Website

http://www.ktng.com

KT&G primarily manufactures and sells tobacco products in South Korea. Its flagship cigarette brand is Esse. Other brands include This, The One, Bohem, and Raison. More than two thirds of the company's revenue come from tobacco sales in South Korea. Tobacco sales outside of South Korea generate another fourth of the company's total revenue and are primarily generated in the Middle East and Asia, although the company sells its product in roughly 50 countries spanning the globe. The remaining company sales are from KT&G's businesses that invest in real estate and sell ginseng products, cosmetics, and pharmaceuticals.

KT&G (LUX:KT&GC) Headlines

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