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Ibotta (Ibotta) Tax Rate % : 25.01% (As of Mar. 2024)


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What is Ibotta Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ibotta's Tax Expense for the three months ended in Mar. 2024 was $3.10 Mil. Ibotta's Pre-Tax Income for the three months ended in Mar. 2024 was $12.40 Mil. Therefore, Ibotta's Tax Rate % for the quarter that ended in Mar. 2024 was 25.01%.

Ibotta Tax Rate % Historical Data

The historical data trend for Ibotta'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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Ibotta Tax Rate % Chart

Ibotta Annual Data
Trend Dec22 Dec23
Tax Rate %
-0.48 13.47

Ibotta Quarterly Data
Dec22 Mar23 Dec23 Mar24
Tax Rate % - -4.03 - 25.01

Ibotta Tax Rate % Calculation

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

Ibotta'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 )
=5.934/44.051
=13.47 %

Ibotta'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 )
=3.101/12.398
=25.01 %

* 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.

Ibotta Tax Rate % Related Terms

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Ibotta (Ibotta) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Ibotta Inc (NYSE:IBTA) » Definitions » Tax Rate %
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Address
1801 California Street, Suite 400, Denver, CO, USA, 80202
Website
https://www.home.ibotta.com
Ibotta Inc is a performance marketing platform. It allows CPG brands to deliver digital promotions to consumers through a single, convenient network called the Ibotta Performance Network (IPN).