CPFL Energia (CPFL Energia) Tax Rate % : 29.30% (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is CPFL Energia Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CPFL Energia's Tax Expense for the three months ended in Dec. 2023 was $112 Mil. CPFL Energia's Pre-Tax Income for the three months ended in Dec. 2023 was $383 Mil. Therefore, CPFL Energia's Tax Rate % for the quarter that ended in Dec. 2023 was 29.30%.

CPFL Energia Tax Rate % Historical Data

The historical data trend for CPFL Energia'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.

* Premium members only.

CPFL Energia Tax Rate % Chart

CPFL Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

31.06

22.73

26.63

28.70

30.98

CPFL Energia Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															27.02	32.34	31.21	30.69	29.30

CPFL Energia Tax Rate % Calculation

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

CPFL Energia'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 )
	=	507.29	/	1637.369
	=	30.98 %

CPFL Energia'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 )
	=	112.22	/	383.015
	=	29.30 %

CPFL Energia Tax Rate % Related Terms

Thank you for viewing the detailed overview of CPFL Energia's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

CPFL Energia (CPFL Energia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CPFL Energia SA (NYSE:CPL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CPFE3:Brazil

Address

Rua Jorge Figueiredo Corrêa, No 1.632, Jardim Professora Tarcília, Campinas, Sao Paulo, SP, BRA, 13087-397

Website

https://www.cpfl.com.br

CPFL Energia SA is the holding company of the CPFL Group, operating in Brazil's electricity sector, implementing and operating projects and concessions in the energy distribution, generation, transmission, and trading segments and related activities through its subsidiaries and affiliate companies. The Group's operating segments are electric energy distribution, electric energy generation, electric energy commercialization, and services rendered activities. It derives a majority of its revenue from the distribution segment.