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TMX Group (TSX:X) Tax Rate % : 15.55% (As of Mar. 2024)


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What is TMX Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TMX Group's Tax Expense for the three months ended in Mar. 2024 was C$28 Mil. TMX Group's Pre-Tax Income for the three months ended in Mar. 2024 was C$177 Mil. Therefore, TMX Group's Tax Rate % for the quarter that ended in Mar. 2024 was 15.55%.

TMX Group Tax Rate % Historical Data

The historical data trend for TMX Group'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.

TMX Group Tax Rate % Chart

TMX Group 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 26.07 28.06 29.38 13.20 24.97

TMX Group 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 25.39 24.93 25.08 24.48 15.55

TMX Group Tax Rate % Calculation

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

TMX Group'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 )
=129.2/517.4
=24.97 %

TMX Group'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 )
=27.5/176.9
=15.55 %

* 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.

TMX Group Tax Rate % Related Terms

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TMX Group (TSX:X) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TMX Group Ltd (TSX:X) » Definitions » Tax Rate %
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Traded in Other Exchanges
TMXXF:USA
Address
300 - 100 Adelaide Street West, Toronto, ON, CAN, M5H 1S3
Website
https://www.tmx.com
TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community. TMX Group operates offices across North America (Montreal, Calgary, Vancouver, and New York), as well as in key international markets including London and Singapore.
Executives
Elias Anastasopoulos Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)