Grupo Financiero Galicia GGAL
NASDAQ GGAL
$41.45 +0.45 (+1.10%)
At close: Aug 21, 2026 · 4:00 PM EDT

Grupo Financiero Galicia Sa (GGAL) Tax Rate (2010 - 2019)

Grupo Financiero Galicia (GGAL) posted Tax Rate of 26.61% for Q1 2019, up 13.66% sequentially from 30.82% in Q1 2018, and up 421.0% YoY from 5.11% in Q1 2018.

Grupo Financiero Galicia Sa (GGAL) Tax Rate (2010 - 2019) Analysis & Trends

Grupo Financiero Galicia has reported Tax Rate for 10 years, with the latest figure at 26.61% in Q1 2019.

  • Quarterly Tax Rate rose 421.0% year-over-year to 26.61% in Q1 2019, while the trailing twelve-month figure through Mar 2019 was 11.78% (up 834.0% YoY) and the FY2024 annual result came in at 26.53%, up 1138.0% from the prior year.
  • Tax Rate climbed to 26.61% in Q1 2019 per GGAL's latest filing, from 30.82% in the prior quarter.
  • Over five years, Tax Rate peaked at 40.99% in Q1 2015 and troughed at 60.68% in Q3 2017.
  • A 5-year average of 18.53% and a median of 36.18% in 2016 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2017 and 2019: Tax Rate sank 9656 bps in 2017, then soared 421 bps in 2019.
  • Over 5 years, Tax Rate stood at 39.24% in 2015, then climbed by 1 bps to 39.51% in 2016, then slumped by 254 bps to 60.68% in 2017, then soared by 49 bps to 30.82% in 2018, then rose by 14 bps to 26.61% in 2019.
  • According to Business Quant data, Tax Rate over the past three periods registered 26.61%, 30.82%, and 60.68% for Q1 2019, Q1 2018, and Q3 2017 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2019 -26.61%
Mar 31, 2019 -26.61%
Mar 31, 2019 -26.61%
Mar 31, 2018 -30.82%
Mar 31, 2018 -30.82%
Mar 31, 2018 -30.82%
Sep 30, 2017 -60.68%
Sep 30, 2017 -60.68%
Sep 30, 2017 -60.68%
Jun 30, 2017 35.11%
Jun 30, 2017 35.11%
Jun 30, 2017 35.11%
Dec 31, 2016 39.51%
Dec 31, 2016 39.51%
Dec 31, 2016 39.51%
Sep 30, 2016 35.88%
Sep 30, 2016 35.88%
Sep 30, 2016 35.88%
Jun 30, 2016 35.84%
Jun 30, 2016 35.84%