Scandic Hotels Group AB (OSTO:SHOT) Tax Rate % : 10.20% (As of Dec. 2024)

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What is Scandic Hotels Group AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Scandic Hotels Group AB's Tax Expense for the three months ended in Dec. 2024 was kr15 Mil. Scandic Hotels Group AB's Pre-Tax Income for the three months ended in Dec. 2024 was kr147 Mil. Therefore, Scandic Hotels Group AB's Tax Rate % for the quarter that ended in Dec. 2024 was 10.20%.

Scandic Hotels Group AB Tax Rate % Historical Data

The historical data trend for Scandic Hotels 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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Scandic Hotels Group AB Tax Rate % Chart

Scandic Hotels Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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2.14

17.94

34.05

21.08

24.27

Scandic Hotels 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															257.69	13.49	24.02	21.41	10.20

Scandic Hotels Group AB Tax Rate % Calculation

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

Scandic Hotels 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 )
	=	209	/	861
	=	24.27 %

Scandic Hotels 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 )
	=	15	/	147
	=	10.20 %

Scandic Hotels Group AB Tax Rate % Related Terms

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Scandic Hotels Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Scandic Hotels Group AB (OSTO:SHOT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SHOTs:UK 0RD7:UK 10H:Germany

Address

Sveavagen 167, P.O. Box 6197, Stockholm, SWE, SE-102 33

Website

https://www.scandichotelsgroup.com

Scandic Hotels Group AB is a Sweden-based company engaged in the operation of hotels. It has a network of hotels in the Nordic market, which creates an offering for guests and customers. The majority of the company revenue comes from Room Restaurant and conferences. Its business is operated through various geographical regions which include Sweden, Finland, Other Europe, Central functions, and Norway.