NIABY (NIBE Industrier AB) Tax Rate % : 30.83% (As of Sep. 2024)

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What is NIBE Industrier AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NIBE Industrier AB's Tax Expense for the three months ended in Sep. 2024 was $19 Mil. NIBE Industrier AB's Pre-Tax Income for the three months ended in Sep. 2024 was $61 Mil. Therefore, NIBE Industrier AB's Tax Rate % for the quarter that ended in Sep. 2024 was 30.83%.

NIBE Industrier AB Tax Rate % Historical Data

The historical data trend for NIBE Industrier 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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NIBE Industrier AB Tax Rate % Chart

NIBE Industrier AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.99

20.09

21.77

22.56

24.25

NIBE Industrier 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															23.65	28.96	5.49	45.45	30.83

NIBE Industrier AB Tax Rate % Calculation

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

NIBE Industrier 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 )
	=	149.645	/	617.201
	=	24.25 %

NIBE Industrier 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 )
	=	18.868	/	61.199
	=	30.83 %

NIBE Industrier AB Tax Rate % Related Terms

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NIBE Industrier AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NIBE Industrier AB (OTCPK:NIABY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NDRBF:USA NIBE B:Sweden NIBEBs:UK 0RH0:UK NJB:Germany NIBEB:Switzerland

Address

Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21

Website

https://www.nibe.com

NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.