TC Energy (FRA:TRS) Tax Rate % : 11.46% (As of Dec. 2023)

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What is TC Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TC Energy's Tax Expense for the three months ended in Dec. 2023 was €143 Mil. TC Energy's Pre-Tax Income for the three months ended in Dec. 2023 was €1,247 Mil. Therefore, TC Energy's Tax Rate % for the quarter that ended in Dec. 2023 was 11.46%.

TC Energy Tax Rate % Historical Data

The historical data trend for TC Energy'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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TC Energy Tax Rate % Chart

TC Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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14.54

3.80

5.54

42.87

23.49

TC Energy 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															0.28	20.20	48.04	-343.59	11.46

TC Energy Tax Rate % Calculation

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

TC Energy'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 )
	=	643.869	/	2740.884
	=	23.49 %

TC Energy'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 )
	=	142.854	/	1246.726
	=	11.46 %

TC Energy Tax Rate % Related Terms

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TC Energy (FRA:TRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TC Energy Corp (FRA:TRS) » Definitions » Tax Rate %

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Address

450 - 1st Street SW, Calgary, AB, CAN, T2P 5H1

Website

https://www.tcenergy.com

TC Energy operates natural gas, oil, and power generation assets in Canada and the United States. The firm operates more than 60,000 miles of oil and gas pipelines, more than 650 billion cubic feet of natural gas storage, and about 4,300 megawatts of electric power.