AAK AB (AAK AB) Tax Rate % : 24.13% (As of Mar. 2024)

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What is AAK AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AAK AB's Tax Expense for the three months ended in Mar. 2024 was $29 Mil. AAK AB's Pre-Tax Income for the three months ended in Mar. 2024 was $118 Mil. Therefore, AAK AB's Tax Rate % for the quarter that ended in Mar. 2024 was 24.13%.

AAK AB Tax Rate % Historical Data

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

AAK AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.76

22.50

27.18

24.26

22.75

AAK 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															24.34	24.26	23.72	19.37	24.13

AAK AB Tax Rate % Calculation

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

AAK 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 )
	=	84.815	/	372.797
	=	22.75 %

AAK 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 )
	=	28.527	/	118.237
	=	24.13 %

AAK AB Tax Rate % Related Terms

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AAK AB (AAK AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AAK AB (OTCPK:ARHUF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

AAK:Sweden AAKs:UK 0A0J:UK 6AA0:Germany

Address

Skrivaregatan 9, Malmo, SWE, SE-215 32

Website

https://www.aak.com

AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food ingredients, Chocolate & confectionery fats, and Technical products & feed. The food ingredients segment provides solutions to the bakery, dairy, nutrition, plant-based, & food service industries. The Chocolate & Confectionery Fats segment mainly serves manufacturers of chocolate, spreads, & fillings products as well as customers in the personal care industry. Technical Products & Feed segment provides a growing range of specialized solutions, responding to an increased demand for natural ingredients & sustainability. The majority is from the Food ingredients segment.