Ignitis Group AB (LSE:IGN) Tax Rate % : 10.50% (As of Dec. 2024)

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What is Ignitis Group AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ignitis Group AB's Tax Expense for the three months ended in Dec. 2024 was €7 Mil. Ignitis Group AB's Pre-Tax Income for the three months ended in Dec. 2024 was €70 Mil. Therefore, Ignitis Group AB's Tax Rate % for the quarter that ended in Dec. 2024 was 10.50%.

Ignitis Group AB Tax Rate % Historical Data

The historical data trend for Ignitis Group 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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Ignitis Group AB Tax Rate % Chart

Ignitis Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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12.41

8.98

13.02

9.52

10.41

Ignitis Group AB Quarterly Data
	Mar20	Jun20	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															8.66	14.79	3.87	4.60	10.50

Ignitis Group AB Tax Rate % Calculation

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

Ignitis Group AB'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 )
	=	32.1	/	308.3
	=	10.41 %

Ignitis Group AB'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 )
	=	7.3	/	69.5
	=	10.50 %

Ignitis Group AB Tax Rate % Related Terms

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Ignitis Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ignitis Group AB (LSE:IGN) » Definitions » Tax Rate %

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IGN1L:Lithuania IGV0:Germany

Address

Laisves Avenue 10, Vilnius, LTU, LT-04215

Website

https://www.ignitisgrupe.lt

Ignitis Group AB is engaged in green electricity generation and development of green and flexible technologies, energy distribution and supply, development of energy-smart solutions and other related activities. It is focusing on green generation and green flexibility technologies: onshore and offshore wind, batteries, pumped-storage hydro and power-to-X (P2X).