Mercury NZ (STU:MRY) Tax Rate % : 28.98% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Mercury NZ Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mercury NZ's Tax Expense for the six months ended in Dec. 2023 was €41 Mil. Mercury NZ's Pre-Tax Income for the six months ended in Dec. 2023 was €140 Mil. Therefore, Mercury NZ's Tax Rate % for the quarter that ended in Dec. 2023 was 28.98%.

Mercury NZ Tax Rate % Historical Data

The historical data trend for Mercury NZ'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.

Mercury NZ Tax Rate % Chart

Mercury NZ Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

Get a 7-Day Free Trial

16.98

16.53

18.50

8.04

27.46

Mercury NZ Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															5.11	30.00	24.84	22.56	28.98

Mercury NZ Tax Rate % Calculation

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

Mercury NZ's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	22.084	/	80.409
	=	27.46 %

Mercury NZ'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 )
	=	40.515	/	139.804
	=	28.98 %

Mercury NZ Tax Rate % Related Terms

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

Mercury NZ (STU:MRY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mercury NZ Ltd (STU:MRY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MGHTF:USA MCY:New Zealand MCY:Australia

Address

33 Broadway, The Mercury Building, P O Box 90399, Newmarket, Auckland, NTL, NZL, 1142

Website

https://www.mercury.co.nz

Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.

Mercury NZ (STU:MRY) Headlines

No Headlines