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J M AB (LTS:0MI3) Tax Rate % : 47.37% (As of Sep. 2024)


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What is J M AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. J M AB's Tax Expense for the three months ended in Sep. 2024 was kr36 Mil. J M AB's Pre-Tax Income for the three months ended in Sep. 2024 was kr76 Mil. Therefore, J M AB's Tax Rate % for the quarter that ended in Sep. 2024 was 47.37%.

J M AB Tax Rate % Historical Data

The historical data trend for J M 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.

* Premium members only.

J M AB Tax Rate % Chart

J M AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.92 19.72 15.98 20.91 25.70

J M AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only 24.63 283.33 46.07 30.21 47.37

J M AB Tax Rate % Calculation

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

J M AB'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 )
=356/1385
=25.70 %

J M AB's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=36/76
=47.37 %

* 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.

J M AB Tax Rate % Related Terms

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J M AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » J M AB (LTS:0MI3) » Definitions » Tax Rate %
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Traded in Other Exchanges
JM:Sweden JMM:Germany
Address
Gustav III:S boulevard 64, Solna, Stockholm, SWE, SE-169 82
Website
https://www.jm.se
J M AB is a Nordic residential construction developer. It is focused on apartments and townhomes in metropolitan areas and university towns across Sweden, Norway, and Finland. The company has five operating segments; JM RESIDENTIAL STOCKHOLM; which develops residential projects in Greater Stockholm, JM RESIDENTIAL SWEDEN; which develops residential projects in growth areas in Sweden, excluding Greater Stockholm, JM NORWAY develops residential projects. JM FINLAND also develops residential projects, JM PROPERTY DEVELOPMENT; develops rental units, residential care units, and commercial properties in Greater Stockholm, JM CONSTRUCTION; carries out construction work for external and internal customers in the Greater Stockholm area.

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