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OEM International AB (LTS:0QTY) Tax Rate % : 20.71% (As of Mar. 2024)


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What is OEM International AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. OEM International AB's Tax Expense for the three months ended in Mar. 2024 was kr41 Mil. OEM International AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr198 Mil. Therefore, OEM International AB's Tax Rate % for the quarter that ended in Mar. 2024 was 20.71%.

OEM International AB Tax Rate % Historical Data

The historical data trend for OEM International 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.

OEM International AB Tax Rate % Chart

OEM International 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 21.30 20.85 20.65 20.49 21.13

OEM International AB 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 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 18.98 22.28 20.33 23.37 20.71

OEM International AB Tax Rate % Calculation

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

OEM International 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 )
=162.7/769.9
=21.13 %

OEM International AB'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 )
=41/198
=20.71 %

* 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.

OEM International AB Tax Rate % Related Terms

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OEM International AB (LTS:0QTY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » OEM International AB (LTS:0QTY) » Definitions » Tax Rate %
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Traded in Other Exchanges
OEM B:Sweden
Address
Forradsvagen 2, Box 1009, Tranas, SWE, SE-573 28
Website
http://www.oem.se
OEM International AB is a leading technology trading group in Europe. It acts as a link between its customers and manufacturers of products and systems for industrial applications. It offers various industrial components and systems from various suppliers, including electrical components, flow components, motors and transmissions, bearings, seals, and couplings, as well as appliance components, lighting, and complete production systems. Geographic areas of operations include Sweden, Denmark, United Kingdom, Finland, Hungary, China and other countries.

OEM International AB (LTS:0QTY) Headlines

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