Genesis Energy (NZSE:GNE) Tax Rate %

: 28.21% (As of Dec. 2022)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Genesis Energy's Tax Expense for the six months ended in Dec. 2022 was NZ$57 Mil. Genesis Energy's Pre-Tax Income for the six months ended in Dec. 2022 was NZ$202 Mil. Therefore, Genesis Energy's Tax Rate % for the quarter that ended in Dec. 2022 was 28.21%.

Genesis Energy Tax Rate % Historical Data

The historical data trend for Genesis 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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Genesis Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Tax Rate %

28.00

28.76

25.32

29.03

28.47

Genesis Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Tax Rate %														28.59	27.82	28.40	28.50	28.21

Genesis Energy Tax Rate % Calculation

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

Genesis Energy's Tax Rate % for the fiscal year that ended in Jun. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2022 )	/	Pre-Tax Income (A: Jun. 2022 )
	=	88.3	/	310.2
	=	28.47 %

Genesis Energy's Tax Rate % for the quarter that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2022 )	/	Pre-Tax Income (Q: Dec. 2022 )
	=	57.1	/	202.4
	=	28.21 %

Genesis Energy Tax Rate % Related Terms

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Genesis Energy (NZSE:GNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Genesis Energy Ltd (NZSE:GNE) » Definitions » Tax Rate %

Traded in Other Exchanges

1G6:Germany GNE:Australia

Address

155 Fanshawe Street, Genesis Energy Level 6, Wynyard Quarter, Auckland, NZL, 1010

Website

https://www.genesisenergy.co.nz

Genesis Energy is one of New Zealand's leading producers of electricity, accounting for more than 15% of the country's total generation. The firm enjoys a strong retail presence, with the highest retail market share, at over 25%. The company has a mix of renewable and thermal assets, with the latter accounting for about 55%-60% of the firm's overall production. The company has a 46% interest in the Kupe oil and gas field.