McRae Industries (McRae Industries) Tax Rate % : 27.09% (As of Jul. 2023)

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What is McRae Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. McRae Industries's Tax Expense for the six months ended in Jul. 2023 was $3.0 Mil. McRae Industries's Pre-Tax Income for the six months ended in Jul. 2023 was $11.1 Mil. Therefore, McRae Industries's Tax Rate % for the quarter that ended in Jul. 2023 was 27.09%.

McRae Industries Tax Rate % Historical Data

The historical data trend for McRae Industries'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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McRae Industries Tax Rate % Chart

McRae Industries Annual Data

Trend

Jul99

Jul00

Jul01

Jul02

Jul03

Jul04

Jul05

Jul21

Jul22

Jul23

Tax Rate %

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29.68

36.81

24.45

23.94

27.09

McRae Industries Semi-Annual Data
	Jul89	Jul90	Jul91	Jul92	Jul93	Jul94	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul21	Jul22	Jul23
Tax Rate %	Get a 7-Day Free Trial															29.68	36.81	24.45	23.94	27.09

McRae Industries Tax Rate % Calculation

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

McRae Industries's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jul. 2023 )	/	Pre-Tax Income (A: Jul. 2023 )
	=	2.995	/	11.056
	=	27.09 %

McRae Industries's Tax Rate % for the quarter that ended in Jul. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jul. 2023 )	/	Pre-Tax Income (Q: Jul. 2023 )
	=	2.995	/	11.056
	=	27.09 %

McRae Industries Tax Rate % Related Terms

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McRae Industries (McRae Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » McRae Industries Inc (OTCPK:MCRAA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MCRAB:USA

Address

400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306

Website

http://www.mcraeindustries.com

McRae Industries Inc operates in the footwear industry. Its principal lines of business are manufacturing and selling military combat boots and importing and selling western and work boots. It operates through the Western and Lifestyle Segments. The Western and Lifestyle segment, which is the key revenue driver, includes western, ladies fashion, and children's footwear products under the Dan Post, Dingo, and Laredo Western Boots brand names.