Vestas Wind Systems A/S (WBO:VWSB) Tax Rate % : 28.57% (As of Mar. 2024)

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What is Vestas Wind Systems A/S Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vestas Wind Systems A/S's Tax Expense for the three months ended in Mar. 2024 was €-30 Mil. Vestas Wind Systems A/S's Pre-Tax Income for the three months ended in Mar. 2024 was €-105 Mil. Therefore, Vestas Wind Systems A/S's Tax Rate % for the quarter that ended in Mar. 2024 was 28.57%.

Vestas Wind Systems A/S Tax Rate % Historical Data

The historical data trend for Vestas Wind Systems A/S'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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Vestas Wind Systems A/S Tax Rate % Chart

Vestas Wind Systems A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.99

17.45

36.16

7.31

23.53

Vestas Wind Systems A/S 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															48.39	11.54	-	13.87	28.57

Vestas Wind Systems A/S Tax Rate % Calculation

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

Vestas Wind Systems A/S'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 )
	=	24	/	102
	=	23.53 %

Vestas Wind Systems A/S'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 )
	=	-30	/	-105
	=	28.57 %

Vestas Wind Systems A/S Tax Rate % Related Terms

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Vestas Wind Systems A/S (WBO:VWSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vestas Wind Systems A/S (WBO:VWSB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

VWSYF:USA VWDRY:USA VWSc:UK 0NMK:UK VWS:Denmark VWSB:Germany

Address

Hedeager 42, Aarhus, DNK, 8200

Website

https://www.vestas.com

Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

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