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| Date | Value |
|---|---|
| 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% |