VBG Group AB (OSTO:VBG B) Tax Rate % : 21.77% (As of Mar. 2024)

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What is VBG Group AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. VBG Group AB's Tax Expense for the three months ended in Mar. 2024 was kr55 Mil. VBG Group AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr250 Mil. Therefore, VBG Group AB's Tax Rate % for the quarter that ended in Mar. 2024 was 21.77%.

VBG Group AB Tax Rate % Historical Data

The historical data trend for VBG Group 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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VBG Group AB Tax Rate % Chart

VBG Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.55

30.56

23.63

24.50

25.37

VBG Group 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															21.29	23.73	26.74	29.39	21.77

VBG Group AB Tax Rate % Calculation

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

VBG Group 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 )
	=	193.29	/	761.886
	=	25.37 %

VBG Group 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 )
	=	54.5	/	250.3
	=	21.77 %

VBG Group AB Tax Rate % Related Terms

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VBG Group AB (OSTO:VBG B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » VBG Group AB (OSTO:VBG B) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

KU4:Germany

Address

Kungsgatan 57, Box 1216, Trollhattan, SWE, SE-461 34

Website

https://www.vbggroup.com

VBG Group AB is an international industrial group. The Parent Company VBG Group AB is a long-term owner that provides active management of the Group's three wholly owned divisions through considerable industrial expertise, a strong corporate culture and financial resilience. The Group's divisions - Truck & Trailer Equipment, Mobile Thermal Solutions and Ringfeder Power Transmission - develop, manufacture, market and sell products under strong, well-known brands all over the world.

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