Nu Holdings (Nu Holdings) Tax Rate % : 35.55% (As of Dec. 2023)

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What is Nu Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nu Holdings's Tax Expense for the three months ended in Dec. 2023 was $199 Mil. Nu Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $560 Mil. Therefore, Nu Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 35.55%.

Nu Holdings Tax Rate % Historical Data

The historical data trend for Nu Holdings's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nu Holdings Tax Rate % Chart

Nu Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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28.44

11.23

2.84

-18.04

33.04

Nu Holdings Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial											-34.21	41.82	30.59	26.37	35.55

Nu Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Nu Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	508.548	/	1539.078
	=	33.04 %

Nu Holdings's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	199.05	/	559.927
	=	35.55 %

Nu Holdings Tax Rate % Related Terms

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Nu Holdings (Nu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nu Holdings Ltd (NYSE:NU) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NU:Mexico M1Z:Germany M1Z:Germany M1Z:Germany ROXO34:Brazil

Address

Willow House, Cricket Square, 4th Floor, Grand Cayman, CYM, KY1-9010

Website

https://www.nubank.com.br

Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.