Pilgrims Pride (STU:6PP) Tax Rate % : 22.93% (As of Mar. 2024)

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What is Pilgrims Pride Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Pilgrims Pride's Tax Expense for the three months ended in Mar. 2024 was €48 Mil. Pilgrims Pride's Pre-Tax Income for the three months ended in Mar. 2024 was €209 Mil. Therefore, Pilgrims Pride's Tax Rate % for the quarter that ended in Mar. 2024 was 22.93%.

Pilgrims Pride Tax Rate % Historical Data

The historical data trend for Pilgrims Pride'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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Pilgrims Pride Tax Rate % Chart

Pilgrims Pride Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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26.07

41.25

66.16

27.20

11.75

Pilgrims Pride 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															275.51	-33.33	26.82	14.31	22.93

Pilgrims Pride Tax Rate % Calculation

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

Pilgrims Pride'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 )
	=	39.344	/	334.909
	=	11.75 %

Pilgrims Pride'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 )
	=	47.897	/	208.84
	=	22.93 %

Pilgrims Pride Tax Rate % Related Terms

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Pilgrims Pride (STU:6PP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pilgrims Pride Corp (STU:6PP) » Definitions » Tax Rate %

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PPC:USA

Address

1770 Promontory Circle, Greeley, CO, USA, 80634-9038

Website

https://www.pilgrims.com

Pilgrim's Pride is the second-largest poultry producer in the U.S. (62% of 2022 sales), the U.K. (28% including other European sales), and Mexico (11%). Its U.K. and European arm also includes pork operations from the 2019 acquisition of Tulip. Pilgrim's sells to chain restaurants, food processors, food distributors, and retail chains. Most of its U.S. and Mexican sales come from fresh chicken, while prepared chicken and pork constitute most of its U.K. and European sales. JBS owns more than 80% of Pilgrim's Pride's outstanding shares, though it failed to acquire the remaining stake in 2021 after a special board committee deemed JBS' offer undervalued Pilgrim's Pride.

Pilgrims Pride (STU:6PP) Headlines

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