ABB (FRA:ABJ) Tax Rate % : 27.06% (As of Mar. 2024)

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What is ABB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ABB's Tax Expense for the three months ended in Mar. 2024 was €312 Mil. ABB's Pre-Tax Income for the three months ended in Mar. 2024 was €1,153 Mil. Therefore, ABB's Tax Rate % for the quarter that ended in Mar. 2024 was 27.06%.

ABB Tax Rate % Historical Data

The historical data trend for ABB'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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ABB Tax Rate % Chart

ABB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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41.46

58.98

18.27

22.30

19.46

ABB 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															10.05	27.24	26.48	12.57	27.06

ABB Tax Rate % Calculation

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

ABB'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 )
	=	852.81	/	4381.426
	=	19.46 %

ABB'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 )
	=	311.88	/	1152.76
	=	27.06 %

ABB Tax Rate % Related Terms

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ABB (FRA:ABJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ABB Ltd (FRA:ABJ) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Affolternstrasse 44, Zurich, CHE, 8050

Website

https://www.abb.com

ABB is a supplier of electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies: ASEA and BBC. Its products include electrical equipment, industrial robots, and equipment used for industrial automation that are sold via approximately 20 business divisions. ABB is the number one or two supplier in two thirds of its product segments.

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