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Titan Cement International (XBRU:TITC) Tax Rate % : 13.89% (As of Dec. 2023)


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What is Titan Cement International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Titan Cement International's Tax Expense for the three months ended in Dec. 2023 was €12 Mil. Titan Cement International's Pre-Tax Income for the three months ended in Dec. 2023 was €86 Mil. Therefore, Titan Cement International's Tax Rate % for the quarter that ended in Dec. 2023 was 13.89%.

Titan Cement International Tax Rate % Historical Data

The historical data trend for Titan Cement International'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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Titan Cement International Tax Rate % Chart

Titan Cement International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 17.42 96.86 15.51 19.47 19.74

Titan Cement International Quarterly Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 26.91 - 21.30 13.89 20.04

Titan Cement International Tax Rate % Calculation

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

Titan Cement International'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 )
=67.039/339.685
=19.74 %

Titan Cement International's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=11.918/85.801
=13.89 %

* 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.

Titan Cement International Tax Rate % Related Terms

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Titan Cement International (XBRU:TITC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Titan Cement International SA (XBRU:TITC) » Definitions » Tax Rate %
Comparable Companies
XBRU:SCHD CRH XSWX:HOLN NSE:ULTRACEMCO VMC MLM SHSE:600585 XKRX:003670 NSE:GRASIM XTER:HEI BOM:500387 ASX:JHX BOM:500425 CEMEXCPO SZSE:000877 TPE:1101 NSA:DCP SHSE:600176 EXP HKSE:00868
Traded in Other Exchanges
TTCIF:USA TITC:Greece TCJ:Germany
Address
Rue de la Loi 23, 7th Floor, P.O. Box 4, Brussels, BEL, 1040
Website
https://www.titan-cement.com
Titan Cement International SA and its subsidiaries are engaged in the production, trade, and distribution of a wide range of construction materials, including cement, concrete, aggregates, cement blocks, dry mortars and fly ash. Its Geographical operating segment includes Greece and Western Europe; North America; South Eastern Europe and Eastern Mediterranean. The company derives a majority of revenue from North America.

Titan Cement International (XBRU:TITC) Headlines

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