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Alabama Power Co (Alabama Power Co) Tax Rate % : 23.82% (As of Jun. 2022)


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What is Alabama Power Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Alabama Power Co's Tax Expense for the three months ended in Jun. 2022 was $121.00 Mil. Alabama Power Co's Pre-Tax Income for the three months ended in Jun. 2022 was $508.00 Mil. Therefore, Alabama Power Co's Tax Rate % for the quarter that ended in Jun. 2022 was 23.82%.

Alabama Power Co Tax Rate % Historical Data

The historical data trend for Alabama Power Co'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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Alabama Power Co Tax Rate % Chart

Alabama Power Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.30 23.54 19.93 22.44 22.89

Alabama Power Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.69 23.21 10.17 23.36 23.82

Alabama Power Co Tax Rate % Calculation

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

Alabama Power Co's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=372/1625
=22.89 %

Alabama Power Co's Tax Rate % for the quarter that ended in Jun. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2022 )/Pre-Tax Income (Q: Jun. 2022 )
=121/508
=23.82 %

* 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.

Alabama Power Co Tax Rate % Related Terms

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

Alabama Power Co (Alabama Power Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Alabama Power Co (NYSE:ALM) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
600 North 18th Street, Birmingham, AL, USA, 35291
Website
http://www.alabamapower.com
Alabama Power Co operates in the utility sector. The company supplies electricity and stellar service to homes, businesses and industries in the southern two-thirds of Alabama.

Alabama Power Co (Alabama Power Co) Headlines

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