Marks & Spencer Group (LSE:MKS) Tax Rate % : 37.07% (As of Mar. 2024)

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What is Marks & Spencer Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Marks & Spencer Group's Tax Expense for the six months ended in Mar. 2024 was £129 Mil. Marks & Spencer Group's Pre-Tax Income for the six months ended in Mar. 2024 was £347 Mil. Therefore, Marks & Spencer Group's Tax Rate % for the quarter that ended in Mar. 2024 was 37.07%.

Marks & Spencer Group Tax Rate % Historical Data

The historical data trend for Marks & Spencer 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.

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Marks & Spencer Group Tax Rate % Chart

Marks & Spencer Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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59.23

3.92

21.11

23.38

36.77

Marks & Spencer Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Tax Rate %	Get a 7-Day Free Trial															27.05	20.05	25.97	36.46	37.07

Marks & Spencer Group Tax Rate % Calculation

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

Marks & Spencer Group's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	247.3	/	672.5
	=	36.77 %

Marks & Spencer 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 )
	=	128.6	/	346.9
	=	37.07 %

Marks & Spencer Group Tax Rate % Related Terms

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Marks & Spencer Group (LSE:MKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks & Spencer Group PLC (LSE:MKS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MAKSY:USA MAKSF:USA MKSl:UK MA6:Germany

Address

35 North Wharf Road, Waterside House, London, GBR, W2 1NW

Website

https://www.marksandspencer.com

M&S is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The company sells into more than 60 countries from thousands of stores and several websites around the world and offers predominantly own-brand luxury food, clothing, and home products with the majority of sales coming from its U.K. operations. Marks & Spencer operates three business models—owned, franchise, and joint venture—in the U.K. and internationally. The online business globally is delivered through localized owned and franchised websites and partnerships. The food segment includes value products, convenient ready-made meals, and healthy items. The clothing and home division sells own-brand and high-quality womenswear, lingerie, menswear, kidswear, beauty, and home products.