Skanska AB (OSTO:SKA B) Tax Rate % : 27.27% (As of Mar. 2024)

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What is Skanska AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Skanska AB's Tax Expense for the three months ended in Mar. 2024 was kr180 Mil. Skanska AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr660 Mil. Therefore, Skanska AB's Tax Rate % for the quarter that ended in Mar. 2024 was 27.27%.

Skanska AB Tax Rate % Historical Data

The historical data trend for Skanska 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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Skanska AB Tax Rate % Chart

Skanska AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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17.52

20.21

15.24

19.66

14.62

Skanska 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															19.54	16.15	15.62	10.17	27.27

Skanska AB Tax Rate % Calculation

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

Skanska 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 )
	=	861	/	5890
	=	14.62 %

Skanska 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 )
	=	180	/	660
	=	27.27 %

Skanska AB Tax Rate % Related Terms

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Skanska AB (OSTO:SKA B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Skanska AB (OSTO:SKA B) » Definitions » Tax Rate %

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Address

Warfvinges vag 25, Stockholm, SWE, 112 74

Website

https://www.group.skanska.com

Skanska AB is one of the world's construction and project development companies. It develops properties and structures in the Nordic region, North America, and elsewhere. The company uses its skills and expertise to develop highways, bridges, mass transit, houses, and logistic centers. Skanska operates in business segments: construction (the majority of total revenue), residential development, commercial property development. It earns contracts and exploits local knowledge of markets, customers, and suppliers to meet clients' needs. Projects range from simple to highly technical and are driven by urbanization in the designated regions. The majority of revenue derives from Europe.

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