Methanex (MEOH) Tax Rate (2011 - 2024)

Methanex's (MEOH) quarterly Tax Rate came in at 14.05% in Q4 2024, down 4507.0% year-on-year from 0.32% in Q1 2024, and up 3.66% quarter-over-quarter from 14.58% in Q3 2024.

Methanex (MEOH) Tax Rate (2011 - 2024) Analysis & Trends

Methanex has disclosed Tax Rate across 14 years of filings, most recently posting 14.05% for Q4 2024.

  • Tax Rate for Q4 2024 came in at 14.05%, down 4507.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 11.07% (down 1492.0% YoY), and the FY2025 annual result was 28.76%, up 1810.0% from the prior year.
  • Tax Rate came in at 14.05% for Q4 2024 at Methanex, up from 14.58% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 69.0% in Q3 2023 to a low of 35.29% in Q4 2020.
  • The 5-year median for Tax Rate is 13.73% (2023), against an average of 6.41%.
  • Across the five-year window, Tax Rate surged 4170 bps in 2023 and tumbled 8358 bps in 2024, its largest moves.
  • Methanex's Tax Rate stood at 35.29% in 2020, then soared by 74 bps to 9.06% in 2021, then fell by 18 bps to 10.68% in 2022, then jumped by 391 bps to 31.02% in 2023, then tumbled by 145 bps to 14.05% in 2024.
  • The last three Tax Rate figures came in at 14.05% (Q4 2024), 14.58% (Q3 2024), and 7.3% (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Celanese 5.60 Bn 4.26 Bn 468.00 Mn 40.24%
2 Methanex 4.42 Bn 4.43 Bn - -
3 Olin 2.80 Bn 2.60 Bn 75.80 Mn 29.84%
4 Rex American Resources 1.47 Bn 1.19 Bn 28.91 Mn -38.77%
5 Tronox Holdings 1.13 Bn 1.03 Bn 44.00 Mn -
6 Green Plains 1.02 Bn 844.99 Mn 87.95 Mn 7.98%
7 Lsb Industries 860.60 Mn 678.96 Mn 35.79 Mn -12.13%
8 Westlake Chemical Partners 818.06 Mn 773.77 Mn 93.76 Mn 0.22%
9 ASP Isotopes 776.82 Mn 496.37 Mn 1.67 Mn 0.12%
10 AdvanSix 576.58 Mn 559.00 Mn 3.80 Mn 24.82%

Historic Data

Download Data
DateValue
Dec 31, 2024 -14.05%
Dec 31, 2024 -14.05%
Sep 30, 2024 -14.58%
Sep 30, 2024 -14.58%
Jun 30, 2024 -7.30%
Jun 30, 2024 -7.30%
Mar 31, 2024 -8.32%
Mar 31, 2024 -8.32%
Dec 31, 2023 31.02%
Dec 31, 2023 31.02%
Sep 30, 2023 69.00%
Sep 30, 2023 69.00%
Mar 31, 2023 -13.41%
Mar 31, 2023 -13.41%
Dec 31, 2022 -10.68%
Dec 31, 2022 -10.68%
Dec 31, 2021 -9.06%
Dec 31, 2021 -9.06%
Sep 30, 2021 -24.20%
Sep 30, 2021 -24.20%