Vector Group (STU:VGR) Tax Rate % : 27.70% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Vector Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vector Group's Tax Expense for the three months ended in Mar. 2024 was €12 Mil. Vector Group's Pre-Tax Income for the three months ended in Mar. 2024 was €44 Mil. Therefore, Vector Group's Tax Rate % for the quarter that ended in Mar. 2024 was 27.70%.

Vector Group Tax Rate % Historical Data

The historical data trend for Vector Group'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.

Vector Group Tax Rate % Chart

Vector Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

24.87

29.89

29.91

28.05

26.13

Vector Group 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															28.00	28.38	27.96	21.48	27.70

Vector Group Tax Rate % Calculation

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

Vector Group'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 )
	=	59.537	/	227.83
	=	26.13 %

Vector Group'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 )
	=	12.267	/	44.283
	=	27.70 %

Vector Group Tax Rate % Related Terms

Thank you for viewing the detailed overview of Vector Group's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Vector Group (STU:VGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Vector Group Ltd (STU:VGR) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

VGR:USA VGR:Germany

Address

4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137

Website

https://www.vectorgroupltd.com

Vector Group Ltd is a holding company whose subsidiaries--Liggett Group, Vector Tobacco, and New Valley-- primarily sell tobacco products and invest in real estate. The Liggett Group and Vector Tobacco subsidiaries sell cigarettes, primarily in the discount segment, in the United States under brand names Eagle 20's, Pyramid, Grand Prix, Liggett Select, and Eve. New Valley, through its majority ownership in Douglas Elliman Realty, invests in real estate worldwide. It also operates the largest residential brokerage company in the New York City area and has additional operations in South Florida, Beverly Hills, Aspen, and Connecticut. Tobacco accounts for more than half of total company revenue; real estate makes up the remainder.