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Group 1 Automotive (STU:GAV) Tax Rate % : 23.69% (As of Mar. 2024)


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What is Group 1 Automotive Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Group 1 Automotive's Tax Expense for the three months ended in Mar. 2024 was €42 Mil. Group 1 Automotive's Pre-Tax Income for the three months ended in Mar. 2024 was €178 Mil. Therefore, Group 1 Automotive's Tax Rate % for the quarter that ended in Mar. 2024 was 23.69%.

Group 1 Automotive Tax Rate % Historical Data

The historical data trend for Group 1 Automotive'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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Group 1 Automotive Tax Rate % Chart

Group 1 Automotive Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.11 22.11 21.91 23.45 24.77

Group 1 Automotive 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.06 25.27 25.58 25.17 23.69

Group 1 Automotive Tax Rate % Calculation

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

Group 1 Automotive'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 )
=181.749/733.783
=24.77 %

Group 1 Automotive'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 )
=42.136/177.836
=23.69 %

* 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.

Group 1 Automotive Tax Rate % Related Terms

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Group 1 Automotive (STU:GAV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Group 1 Automotive Inc (STU:GAV) » Definitions » Tax Rate %
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Traded in Other Exchanges
GPI:USA GAV:Germany
Address
800 Gessner, Suite 500, Houston, TX, USA, 77024
Website
https://www.group1auto.com
Group 1 owns and operates 41 collision centers and 201 automotive dealerships in the U.S. and the U.K., offering 35 brands of automobiles altogether. About 150 of the stores are in the U.S. with locations mostly in metropolitan areas in 17 states in the Northeast, Southeast, Midwest, and California. Texas alone contributed 37% of new-vehicle unit volume in 2022 and the U.K. about 19%. Texas, Oklahoma, and Massachusetts combined were about 53%. Revenue in 2022 totaled $16.2 billion. The company was founded in 1995 and is based in Houston.

Group 1 Automotive (STU:GAV) Headlines

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