Nokia (NOK) Tax Rate (2014 - 2026)
Nokia's Tax Rate came in at 23.96% for the quarter ended Jun 30, 2026, down 3.01 percentage points from 26.98% a year earlier.
Nokia (NOK) Tax Rate (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nokia reported Tax Rate of 36.15%, down 42.69 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -30.27%, down 12.10 percentage points from the prior year.
- Tax Rate carries a five-year change of +407.95 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Tax Rate was -18.17% in the year ended Dec 31, 2024 (+37.65 pp), -55.82% in the year ended Dec 31, 2023 (-149.55 pp), 93.73% in the year ended Dec 31, 2022 (+107.85 pp) and -14.12% in the year ended Dec 31, 2021 (+424.10 pp).
- The five-year range for quarterly Tax Rate is -284.64% (the quarter ended Dec 31, 2023) to 86.64% (the quarter ended Dec 31, 2024).
- Year-over-year, Tax Rate increased in 1 of the last six quarters, with an average year-over-year change of +40.29 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in the quarter ended Dec 31, 2024 (a gain of 371.29 percentage points), and the weakest in the quarter ended Dec 31, 2021 (a drop of 2811.71 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 217.23 Bn | -2,082.64 Bn | 24.75 Bn | 24.97% |
| 2 | Bhp | 215.58 Bn | 159.38 Bn | - | - |
| 3 | Bank Of Nova Scotia | 112.36 Bn | -322.86 Bn | - | 24.28% |
| 4 | Nokia | 58.28 Bn | 58.28 Bn | 2.58 Bn | 23.96% |
| 5 | Haleon | 40.29 Bn | 33.48 Bn | - | - |
| 6 | Gold Fields | 32.31 Bn | 29.12 Bn | - | - |
| 7 | Sprott Physical Gold Trust | 14.84 Bn | 14.70 Bn | - | - |
| 8 | Sprott Physical Silver Trust | 11.90 Bn | 11.57 Bn | - | - |
| 9 | Magnum Ice Cream | 10.88 Bn | 9.56 Bn | - | - |
| 10 | Sprott Physical Gold & Silver Trust | 7.92 Bn | 7.86 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.96% |
| Dec 31, 2025 | 50.05% |
| Sep 30, 2025 | 17.86% |
| Jun 30, 2025 | 26.98% |
| Dec 31, 2024 | 86.64% |
| Sep 30, 2024 | 52.16% |
| Jun 30, 2024 | 79.91% |
| Mar 31, 2024 | 75.17% |
| Sep 30, 2023 | 54.85% |
| Jun 30, 2019 | 28.13% |
| Mar 31, 2019 | 24.36% |
| Dec 31, 2018 | 28.02% |
| Sep 30, 2018 | 30.09% |
| Jun 30, 2018 | 37.72% |
| Mar 31, 2018 | 20.98% |
| Dec 31, 2017 | 81.52% |
| Sep 30, 2017 | 16.86% |
| Dec 31, 2016 | 45.62% |
| Sep 30, 2016 | 45.00% |
| Jun 30, 2016 | 17.07% |
Nokia Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=NOK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NOK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=NOK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();