Nokia (NOK) Deferred Taxes (2012 - 2024)
Nokia's (NOK) quarterly Deferred Taxes came in at $98.0 million in Q2 2024, down 22.42% year-over-year from $126.3 million in Q3 2023, and down 22.42% quarter-over-quarter from $126.3 million in Q2 2023.
Analysis
Nokia (NOK) Deferred Taxes (2012 - 2024) Analysis & Trends
Nokia has disclosed Deferred Taxes across 12 years of filings, most recently posting $98.0 million for Q2 2024.
- In Q2 2024, Deferred Taxes fell 22.42% year-over-year to $98.0 million; the TTM figure through Jun 2024 stood at $455.8 million (up 1.8% YoY), while the FY2025 annual figure was $435.0 million, down 51.29% from the prior year.
- Deferred Taxes came in at $98.0 million for Q2 2024 at Nokia, down from $126.3 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $126.3 million in Q2 2023 to a low of -$33.1 million in Q1 2020.
- Average Deferred Taxes over 4 years is $85.7 million, with a median of $98.0 million recorded in 2024.
- Year-over-year, Deferred Taxes tumbled 120.66% in 2020 and jumped 460.58% in 2021.
- Over 4 years, Deferred Taxes stood at $89.9 million in 2020, then grew by 24.56% to $112.0 million in 2021, then grew by 12.75% to $126.3 million in 2023, then declined by 22.42% to $98.0 million in 2024.
- Per Business Quant data, the three most recent Deferred Taxes figures were $98.0 million in Q2 2024, $126.3 million in Q2 2023, and $112.0 million in Q3 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred 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 | - |
| 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 | 160.68 Mn |
| 10 | Nokia | 57.71 Bn | 51.06 Bn | 3.40 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 98.00 Mn |
| Jun 30, 2023 | 126.32 Mn |
| Sep 30, 2021 | 112.03 Mn |
| Mar 31, 2021 | 119.42 Mn |
| Sep 30, 2020 | 89.94 Mn |
| Jun 30, 2020 | 87.02 Mn |
| Mar 31, 2020 | -33.12 Mn |
| Dec 31, 2019 | 278.94 Mn |
| Sep 30, 2019 | 83.45 Mn |
| Jun 30, 2019 | -51.69 Mn |
| Mar 31, 2019 | 160.26 Mn |
| Dec 31, 2018 | 312.74 Mn |
| Sep 30, 2018 | -38.38 Mn |
| Jun 30, 2018 | 14.32 Mn |
| Mar 31, 2018 | 202.71 Mn |
| Dec 31, 2017 | 914.87 Mn |
| Sep 30, 2017 | 115.16 Mn |
| Jun 30, 2017 | 112.15 Mn |
| Mar 31, 2017 | 166.20 Mn |
| Dec 31, 2016 | -413.53 Mn |