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Lucid Group (FRA:CH2A) Tax Rate % : -0.15% (As of Dec. 2024)


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What is Lucid Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lucid Group's Tax Expense for the three months ended in Dec. 2024 was €0.6 Mil. Lucid Group's Pre-Tax Income for the three months ended in Dec. 2024 was €-378.8 Mil. Therefore, Lucid Group's Tax Rate % for the quarter that ended in Dec. 2024 was -0.15%.

Lucid Group Tax Rate % Historical Data

The historical data trend for Lucid Group'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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Lucid Group Tax Rate % Chart

Lucid Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial 0.03 - -0.03 -0.04 -0.04

Lucid Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.03 0.01 -0.05 -0.15

Lucid Group Tax Rate % Calculation

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

Lucid Group's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=1.145/-2590.67
=-0.04 %

Lucid Group's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.562/-378.781
=-0.15 %

* 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.

Lucid Group Tax Rate % Related Terms

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Lucid Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lucid Group Inc (FRA:CH2A) » Definitions » Tax Rate %
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Traded in Other Exchanges
LCID:USA LCID:Mexico CH2A:Bulgaria
Address
7373 Gateway Boulevard, Newark, CA, USA, 94560
Website
https://www.lucidmotors.com
Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It offers its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. Its geographic segments include North America, the Middle East, and Other International.

Lucid Group Headlines

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