Redeiaoracion (Redeiaoracion) Tax Rate % : 19.99% (As of Sep. 2023)

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What is Redeiaoracion Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Redeiaoracion's Tax Expense for the three months ended in Sep. 2023 was $51 Mil. Redeiaoracion's Pre-Tax Income for the three months ended in Sep. 2023 was $253 Mil. Therefore, Redeiaoracion's Tax Rate % for the quarter that ended in Sep. 2023 was 19.99%.

Redeiaoracion Tax Rate % Historical Data

The historical data trend for Redeiaoracion'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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Redeiaoracion Tax Rate % Chart

Redeiaoracion Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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24.75

24.81

24.16

22.72

21.66

Redeiaoracion Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial															16.99	21.37	24.07	25.19	19.99

Redeiaoracion Tax Rate % Calculation

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

Redeiaoracion's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	199.502	/	921.099
	=	21.66 %

Redeiaoracion's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	50.612	/	253.15
	=	19.99 %

Redeiaoracion Tax Rate % Related Terms

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Redeiaoracion (Redeiaoracion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Redeia Corporacion SA (OTCPK:RDEIF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RDEIY:USA 1REE:Italy REDe:UK 0RI5:UK RED:Spain RE21:Germany

Address

Paseo del Conde de los Gaitanes, 177, Alcobendas, Madrid, ESP, 28109

Website

https://www.ree.es

Redeia owns and operates the Spanish electric transmission system. The company has acquired almost all of the nation's power grid, which other owners were forced to sell to it by government decree. Its activities are regulated by the National Energy Commission, which answers to the Spanish legislature. Redeia also operates a small fibre-optics network in Spain and has a growing Latin American infrastructure business. The group significantly increased its exposure to telecommunications by acquiring Spanish communications satellite operator Hispasat from Abertis in 2019.

Redeiaoracion (Redeiaoracion) Headlines

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