Iveco Group NV (MIL:IVG) Tax Rate % : 160.61% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Iveco Group NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Iveco Group NV's Tax Expense for the three months ended in Dec. 2023 was €53 Mil. Iveco Group NV's Pre-Tax Income for the three months ended in Dec. 2023 was €33 Mil. Therefore, Iveco Group NV's Tax Rate % for the quarter that ended in Dec. 2023 was 160.61%.

Iveco Group NV Tax Rate % Historical Data

The historical data trend for Iveco Group NV'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.

Iveco Group NV Tax Rate % Chart

Iveco Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

42.29

23.77

57.78

38.85

39.53

Iveco Group NV Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial											28.35	70.59	28.91	13.76	160.61

Iveco Group NV Tax Rate % Calculation

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

Iveco Group NV'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 )
	=	153	/	387
	=	39.53 %

Iveco Group NV's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	53	/	33
	=	160.61 %

Iveco Group NV Tax Rate % Related Terms

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

Iveco Group NV (MIL:IVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Iveco Group NV (MIL:IVG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

IVCGF:USA IVGm:UK R3D:Germany

Address

Via Puglia n. 35, Turin, ITA, 10156

Website

https://www.ivecogroup.com

Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has three operating segments: Commercial and Specialty Vehicles, Powertrain and Financial Services. Majority of revenue is generated from Commercial and Specialty Vehicles. Commercial and Specialty Vehicles designs, manufactures and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods; city-buses, commuter buses; quarry and mining equipment. Geographically, majority of revenue is generated from Europe.

Iveco Group NV (MIL:IVG) Headlines

No Headlines