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Atlas Copco AB (Atlas Copco AB) Tax Rate % : 23.35% (As of Mar. 2024)


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What is Atlas Copco AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Atlas Copco AB's Tax Expense for the three months ended in Mar. 2024 was $210 Mil. Atlas Copco AB's Pre-Tax Income for the three months ended in Mar. 2024 was $899 Mil. Therefore, Atlas Copco AB's Tax Rate % for the quarter that ended in Mar. 2024 was 23.35%.


Atlas Copco AB Tax Rate % Historical Data

The historical data trend for Atlas Copco AB'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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Atlas Copco AB Tax Rate % Chart

Atlas Copco AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.31 21.47 22.54 21.84 23.02

Atlas Copco AB 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.58 23.10 21.40 23.24 23.35

Atlas Copco AB Tax Rate % Calculation

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

Atlas Copco AB'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 )
=817.93/3552.683
=23.02 %

Atlas Copco AB'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 )
=209.964/899.119
=23.35 %

* 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.


Atlas Copco AB Tax Rate % Related Terms

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Atlas Copco AB (Atlas Copco AB) Business Description

Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.

Atlas Copco AB (Atlas Copco AB) Headlines