GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maytronics Ltd (XTAE:MTRN) » Definitions » Tax Rate %

Maytronics (XTAE:MTRN) Tax Rate % : 20.51% (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Maytronics Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Maytronics's Tax Expense for the three months ended in Mar. 2024 was ₪10 Mil. Maytronics's Pre-Tax Income for the three months ended in Mar. 2024 was ₪50 Mil. Therefore, Maytronics's Tax Rate % for the quarter that ended in Mar. 2024 was 20.51%.

Maytronics Tax Rate % Historical Data

The historical data trend for Maytronics'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.

Maytronics Tax Rate % Chart

Maytronics 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 18.01 13.53 14.75 13.64 14.77

Maytronics 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 10.21 16.63 232.68 -28.25 20.51

Maytronics Tax Rate % Calculation

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

Maytronics'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 )
=28.334/191.893
=14.77 %

Maytronics'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 )
=10.237/49.92
=20.51 %

* 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.

Maytronics Tax Rate % Related Terms

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

Maytronics (XTAE:MTRN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maytronics Ltd (XTAE:MTRN) » Definitions » Tax Rate %
Comparable Companies
XTAE:TDRN XTAE:ECP AAPL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 XKRX:066570 XKRX:003550 SZSE:002241 SHSE:603296 SZSE:300866 SHSE:600060 TSE:6753 BOM:540699 SZSE:300735 SZSE:000050 XKRX:034220 SZSE:002056 SZSE:002351
Traded in Other Exchanges
N/A
Address
Kibbutz Yizreel, Jezreel, ISR, 19350
Website
https://www.maytronics.co.il
Maytronics Ltd is an Israel-based company which provides a complete solution for swimming pool care. It delivers automatic pool cleaners, environment-friendly water treatment systems, and pool safety products to residential and commercial swimming pool owners and operators across the world. The company's product brands are Dolphin line of robotic pool cleaners, the AQUAlife pool covers and Aqualarm and Espio pool alarms. Its operating segment includes Manufacturing of private pool cleaning robots as a key revenue driver; Manufacturing of public pool cleaning robots and Safety products and related pool products.