Nokia (NOK) Change in Taxes (2009 - 2024)
Nokia's (NOK) quarterly Change in Taxes came in at -$131.4 million in Q2 2024, up 38.76% year-over-year from -$94.7 million in Q3 2023, and up 78.8% quarter-over-quarter from -$619.7 million in Q4 2023.
Analysis
Nokia (NOK) Change in Taxes (2009 - 2024) Analysis & Trends
Nokia has disclosed Change in Taxes across 16 years of filings, most recently posting -$131.4 million for Q2 2024.
- In Q2 2024, Change in Taxes rose 38.76% year-over-year to -$131.4 million; the TTM figure through Jun 2024 stood at -$1.4 billion (down 34.62% YoY), while the FY2025 annual figure was -$447.4 million, down 20.87% from the prior year.
- Change in Taxes came in at -$131.4 million for Q2 2024 at Nokia, up from -$619.7 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of -$39.3 million in Q4 2020 to a low of -$619.7 million in Q4 2023.
- Average Change in Taxes over 5 years is -$197.3 million, with a median of -$96.5 million recorded in 2021.
- The largest YoY upside for Change in Taxes was 54.45% in 2021 against a maximum downside of 812.95% in 2021.
- Over 5 years, Change in Taxes stood at -$39.3 million in 2020, then plunged by 812.95% to -$359.2 million in 2021, then retreated by 8.21% to -$388.7 million in 2022, then tumbled by 59.43% to -$619.7 million in 2023, then soared by 78.8% to -$131.4 million in 2024.
- Per Business Quant data, the three most recent Change in Taxes figures were -$131.4 million in Q2 2024, -$619.7 million in Q4 2023, and -$214.5 million in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 660.95 Bn | 645.44 Bn | 5.90 Bn | - |
| 2 | Hsbc Holdings | 367.89 Bn | 367.94 Bn | - | - |
| 3 | General Electric | 349.68 Bn | 340.56 Bn | 6.95 Bn | - |
| 4 | Astrazeneca | 252.14 Bn | 246.93 Bn | 12.86 Bn | -1.53 Bn |
| 5 | Citigroup | 231.03 Bn | -2,068.84 Bn | 24.75 Bn | - |
| 6 | Bhp | 229.70 Bn | 211.16 Bn | - | - |
| 7 | Diageo | 216.99 Bn | 217.04 Bn | - | - |
| 8 | Rio Tinto | 206.31 Bn | 201.93 Bn | - | - |
| 9 | Ferrari | 152.22 Bn | 150.47 Bn | 1.18 Bn | -136.41 Mn |
| 10 | Nokia | 57.71 Bn | 51.06 Bn | 3.40 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -131.38 Mn |
| Dec 31, 2023 | -619.74 Mn |
| Jun 30, 2023 | -214.52 Mn |
| Dec 31, 2022 | -388.71 Mn |
| Dec 31, 2021 | -359.21 Mn |
| Sep 30, 2021 | -43.63 Mn |
| Mar 31, 2021 | -96.50 Mn |
| Dec 31, 2020 | -39.35 Mn |
| Sep 30, 2020 | -95.78 Mn |
| Jun 30, 2020 | -93.62 Mn |
| Mar 31, 2020 | -88.32 Mn |
| Dec 31, 2019 | -69.73 Mn |
| Sep 30, 2019 | -124.63 Mn |
| Jun 30, 2019 | 184.28 Mn |
| Mar 31, 2019 | 201.18 Mn |
| Dec 31, 2018 | 15.98 Mn |
| Sep 30, 2018 | 104.68 Mn |
| Jun 30, 2018 | 119.34 Mn |
| Mar 31, 2018 | 230.96 Mn |
| Dec 31, 2017 | -30.61 Mn |