Nokia (NOKBF) Tax Rate (2009 - 2021)
Nokia's (NOKBF) quarterly Tax Rate came in at 24.24% in Q1 2021, down 117.0% year-on-year from 142.6% in Q1 2020, and up 97.52% quarter-over-quarter from 975.66% in Q4 2020.
Nokia (NOKBF) Tax Rate (2009 - 2021) Analysis & Trends
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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 16.49% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 17.02% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 16.55% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | -4.39% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 21.55% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 19.38% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -0.47% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -7.93% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 19.16% |
| 10 | Nokia | - | - | 10.09 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | -24.24% |
| Mar 31, 2021 | -24.24% |
| Dec 31, 2020 | -975.66% |
| Dec 31, 2020 | -975.66% |
| Sep 30, 2020 | -23.63% |
| Sep 30, 2020 | -23.63% |
| Jun 30, 2020 | 28.13% |
| Jun 30, 2020 | 28.13% |
| Mar 31, 2020 | -23.08% |
| Mar 31, 2020 | -23.08% |
| Dec 31, 2019 | -7.40% |
| Dec 31, 2019 | -7.40% |
| Sep 30, 2019 | 24.66% |
| Sep 30, 2019 | 24.66% |
| Jun 30, 2019 | 29.53% |
| Jun 30, 2019 | 29.53% |
| Mar 31, 2019 | 14.99% |
| Mar 31, 2019 | 14.99% |
| Dec 31, 2018 | 75.10% |
| Dec 31, 2018 | 75.10% |