Granite Construction (STU:GRG) Tax Rate % : 24.45% (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Granite Construction Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Granite Construction's Tax Expense for the three months ended in Mar. 2024 was €-9 Mil. Granite Construction's Pre-Tax Income for the three months ended in Mar. 2024 was €-36 Mil. Therefore, Granite Construction's Tax Rate % for the quarter that ended in Mar. 2024 was 24.45%.

Granite Construction Tax Rate % Historical Data

The historical data trend for Granite Construction'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.

* Premium members only.

Granite Construction Tax Rate % Chart

Granite Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

30.55

121.88

89.09

14.11

50.57

Granite Construction 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															26.87	-60.88	28.06	27.63	24.45

Granite Construction Tax Rate % Calculation

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

Granite Construction'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 )
	=	27.755	/	54.886
	=	50.57 %

Granite Construction'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 )
	=	-8.764	/	-35.851
	=	24.45 %

Granite Construction Tax Rate % Related Terms

Thank you for viewing the detailed overview of Granite Construction's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Granite Construction (STU:GRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Granite Construction Inc (STU:GRG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GVA:USA GRG:Germany

Address

585 West Beach Street, Watsonville, CA, USA, 95076

Website

https://www.graniteconstruction.com

Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. It focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, and bridges. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's construction operating segment, with the remainder derived from its materials segment.

Granite Construction (STU:GRG) Headlines

No Headlines