Lucid Group (FRA:CH2A) Tax Rate % : -0.03% (As of Mar. 2024)

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What is Lucid Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lucid Group's Tax Expense for the three months ended in Mar. 2024 was €0.2 Mil. Lucid Group's Pre-Tax Income for the three months ended in Mar. 2024 was €-626.2 Mil. Therefore, Lucid Group's Tax Rate % for the quarter that ended in Mar. 2024 was -0.03%.

Lucid Group Tax Rate % Historical Data

The historical data trend for Lucid 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.

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Lucid Group Tax Rate % Chart

Lucid Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-0.01

0.03

-0.03

-0.04

Lucid Group Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial											-0.02	-0.08	-0.05	-	-0.03

Lucid Group Tax Rate % Calculation

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

Lucid 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 )
	=	0.941	/	-2592.72
	=	-0.04 %

Lucid 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 )
	=	0.173	/	-626.217
	=	-0.03 %

Lucid Group Tax Rate % Related Terms

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Lucid Group (FRA:CH2A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lucid Group Inc (FRA:CH2A) » Definitions » Tax Rate %

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Traded in Other Exchanges

LCID:USA LCID:Mexico

Address

7373 Gateway Boulevard, Newark, CA, USA, 94560

Website

https://www.lucidmotors.com

Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.

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