Western Forest Products (TSX:WEF) Tax Rate % : 54.02% (As of Mar. 2024)

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

What is Western Forest Products Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Western Forest Products's Tax Expense for the three months ended in Mar. 2024 was C$-9.4 Mil. Western Forest Products's Pre-Tax Income for the three months ended in Mar. 2024 was C$-17.4 Mil. Therefore, Western Forest Products's Tax Rate % for the quarter that ended in Mar. 2024 was 54.02%.

Western Forest Products Tax Rate % Historical Data

The historical data trend for Western Forest Products'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.

Western Forest Products Tax Rate % Chart

Western Forest Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

26.34

30.42

23.53

26.78

26.29

Western Forest Products 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															25.00	26.07	27.20	27.04	54.02

Western Forest Products Tax Rate % Calculation

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

Western Forest Products'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 )
	=	-25	/	-95.1
	=	26.29 %

Western Forest Products'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 )
	=	-9.4	/	-17.4
	=	54.02 %

Western Forest Products Tax Rate % Related Terms

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

Western Forest Products (TSX:WEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Western Forest Products Inc (TSX:WEF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

WFSTF:USA NWF:Germany

Address

1055 West Georgia Street, Suite 800, P.O. Box 11122, Royal Centre Building, Vancouver, BC, CAN, V6E 3P3

Website

https://www.westernforest.com

Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprises Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company's large markets and contribute the vast majority of its total revenue.

Executives

Glen Douglas Nontell

Senior Officer

Western Forest Products (TSX:WEF) Headlines

No Headlines