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Volvo Car AB (OSTO:VOLCAR B) Tax Rate % : 29.64% (As of Mar. 2024)


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What is Volvo Car AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Volvo Car AB's Tax Expense for the three months ended in Mar. 2024 was kr1,511 Mil. Volvo Car AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr5,098 Mil. Therefore, Volvo Car AB's Tax Rate % for the quarter that ended in Mar. 2024 was 29.64%.

Volvo Car AB Tax Rate % Historical Data

The historical data trend for Volvo Car 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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Volvo Car AB Tax Rate % Chart

Volvo Car AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 27.07 18.42 24.43 18.31 32.57

Volvo Car AB Quarterly Data
Dec18 Dec19 Jun20 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 26.17 34.12 31.83 38.08 29.64

Volvo Car AB Tax Rate % Calculation

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

Volvo Car 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 )
=6794/20860
=32.57 %

Volvo Car 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 )
=1511/5098
=29.64 %

* 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.

Volvo Car AB Tax Rate % Related Terms

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Volvo Car AB (OSTO:VOLCAR B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volvo Car AB (OSTO:VOLCAR B) » Definitions » Tax Rate %
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Traded in Other Exchanges
VLVCY:USA VLVOF:USA VOLCBs:UK 8JO:Germany
Address
VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31
Website
https://www.volvocars.com
Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it derives a majority of its revenue from China and also has a presence in the US; Sweden; Germany; United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

Volvo Car AB (OSTO:VOLCAR B) Headlines

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