LU-VE SpA (LTS:0RQV) Tax Rate % : 18.86% (As of Mar. 2024)

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What is LU-VE SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. LU-VE SpA's Tax Expense for the three months ended in Mar. 2024 was €2.6 Mil. LU-VE SpA's Pre-Tax Income for the three months ended in Mar. 2024 was €13.6 Mil. Therefore, LU-VE SpA's Tax Rate % for the quarter that ended in Mar. 2024 was 18.86%.

LU-VE SpA Tax Rate % Historical Data

The historical data trend for LU-VE SpA'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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LU-VE SpA Tax Rate % Chart

LU-VE SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.41

10.09

19.09

16.89

13.77

LU-VE SpA Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															11.68	13.82	17.07	10.10	18.86

LU-VE SpA Tax Rate % Calculation

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

LU-VE SpA'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 )
	=	5.007	/	36.37
	=	13.77 %

LU-VE SpA'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 )
	=	2.565	/	13.602
	=	18.86 %

LU-VE SpA Tax Rate % Related Terms

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LU-VE SpA (LTS:0RQV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » LU-VE SpA (LTS:0RQV) » Definitions » Tax Rate %

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Traded in Other Exchanges

LUVE:Italy V92:Germany

Address

Via Caduti della Liberazione, 53, Uboldo, Varese, ITA, 21040

Website

https://www.luvegroup.com

LU-VE SpA manufactures and markets refrigeration and air conditioning products in Italy. Its products include commercial unit coolers, industrial unit coolers, air coolers, tubeless steel condensers, dry coolers, accessories, and special products. The company offers its products for industrial and commercial refrigeration, air conditioning, energy, power, industrial, and other applications. The company's segment includes Cooling Systems SBU and Components SBU. It generates maximum revenue from the Components SBU segment.

LU-VE SpA (LTS:0RQV) Headlines

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