IVCGF (Iveco Group NV) Tax Rate % : -53.16% (As of Dec. 2024)

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What is Iveco Group NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Iveco Group NV's Tax Expense for the three months ended in Dec. 2024 was $-88 Mil. Iveco Group NV's Pre-Tax Income for the three months ended in Dec. 2024 was $165 Mil. Therefore, Iveco Group NV's Tax Rate % for the quarter that ended in Dec. 2024 was -53.16%.

Iveco Group NV Tax Rate % Historical Data

The historical data trend for Iveco Group 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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Iveco Group NV Tax Rate % Chart

Iveco Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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23.77

57.78

38.85

36.64

11.51

Iveco Group NV Quarterly Data
	Dec18	Dec19	Jun20	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															160.61	70.67	26.81	27.14	-53.16

Iveco Group NV Tax Rate % Calculation

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

Iveco Group NV'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 )
	=	73.298	/	636.649
	=	11.51 %

Iveco Group NV'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 )
	=	-87.958	/	165.445
	=	-53.16 %

Iveco Group NV Tax Rate % Related Terms

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Iveco Group NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Iveco Group NV (OTCPK:IVCGF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

IVG:Italy 0AB5:UK IVGm:UK R3D:Germany IVG:Austria

Address

Via Puglia n. 35, Turin, ITA, 10156

Website

https://www.ivecogroup.com

Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has five operating segments: Truck, Bus, Defence, Powertrain, and Financial Services. The majority of revenue is generated from the Truck segment which designs, manufactures, and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods under the IVECO brand. Geographically, the majority of revenue is generated from Europe.