Nokia (NOK) Tax Rate (2009 - 2021)

Nokia has disclosed Tax Rate across 13 years of filings, most recently posting 24.24% for Q1 2021.

• Tax Rate for Q1 2021 came in at 24.24%, down 117.0% year-over-year; the trailing twelve-month figure through Mar 2021 was 233.32% (up 24881.0% YoY), and the FY2025 annual result was 30.27%, up 1210.0% from the prior year.
• Tax Rate came in at 24.24% for Q1 2021 at Nokia, up from 975.66% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 81.52% in Q4 2017 to a low of 975.66% in Q4 2020.
• The 5-year median for Tax Rate is 16.86% (2017), against an average of 44.53%.
• Across the five-year window, Tax Rate jumped 7473 bps in 2018 and slumped 96826 bps in 2020, its largest moves.
• Nokia's Tax Rate stood at 81.52% in 2017, then decreased by 8 bps to 75.1% in 2018, then sank by 110 bps to 7.4% in 2019, then plunged by 13083 bps to 975.66% in 2020, then soared by 98 bps to 24.24% in 2021.
• The last three Tax Rate figures came in at 24.24% (Q1 2021), 975.66% (Q4 2020), and 23.63% (Q3 2020), per Business Quant data.