Akzo Nobel NV (XAMS:AKZA) Tax Rate % : 22.62% (As of Mar. 2024)

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What is Akzo Nobel NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Akzo Nobel NV's Tax Expense for the three months ended in Mar. 2024 was €57 Mil. Akzo Nobel NV's Pre-Tax Income for the three months ended in Mar. 2024 was €252 Mil. Therefore, Akzo Nobel NV's Tax Rate % for the quarter that ended in Mar. 2024 was 22.62%.

Akzo Nobel NV Tax Rate % Historical Data

The historical data trend for Akzo Nobel NV'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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Akzo Nobel NV Tax Rate % Chart

Akzo Nobel NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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29.30

26.22

22.26

35.55

37.76

Akzo Nobel NV 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															29.80	44.35	32.65	49.00	22.62

Akzo Nobel NV Tax Rate % Calculation

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

Akzo Nobel NV'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 )
	=	296	/	784
	=	37.76 %

Akzo Nobel NV'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 )
	=	57	/	252
	=	22.62 %

Akzo Nobel NV Tax Rate % Related Terms

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Akzo Nobel NV (XAMS:AKZA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel NV (XAMS:AKZA) » Definitions » Tax Rate %

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AKZOY:USA AKZOF:USA AKZAa:UK 0LND:UK AKU1:Germany AKZO:Austria

Address

Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW

Website

https://www.akzonobel.com

Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.

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