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UBS Group AG (UBS Group AG) Tax Rate % : 62.98% (As of Dec. 2023)


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What is UBS Group AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. UBS Group AG's Tax Expense for the three months ended in Dec. 2023 was $-473 Mil. UBS Group AG's Pre-Tax Income for the three months ended in Dec. 2023 was $-751 Mil. Therefore, UBS Group AG's Tax Rate % for the quarter that ended in Dec. 2023 was 62.98%.

UBS Group AG Tax Rate % Historical Data

The historical data trend for UBS Group AG'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.

UBS Group AG Tax Rate % Chart

UBS Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.72 19.41 21.07 20.22 3.04

UBS Group AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 14.46 30.70 1.23 -206.27 62.98

UBS Group AG Tax Rate % Calculation

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

UBS Group AG'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 )
=873/28739
=3.04 %

UBS Group AG'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 )
=-473/-751
=62.98 %

* 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.

UBS Group AG Tax Rate % Related Terms

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UBS Group AG (UBS Group AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » UBS Group AG (NYSE:UBS) » Definitions » Tax Rate %
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Traded in Other Exchanges
UBS N:Mexico UBSGz:UK 0R3T:UK UBSG:Switzerland UBSG34:Brazil
Address
Bahnhofstrasse 45, Zurich, CHE, CH-8001
Website
https://www.ubs.com
The core of UBS is its global wealth management business focusing on high and ultra-high-net-worth individuals. UBS is also a conventional retail and commercial bank in its Swiss home market. Its investment bank and asset management businesses support its wealth management operations, but also leverage its strength in wealth management to serve third-party clients.