GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » American Electric Power Co Inc (WBO:AEPC) » Definitions » Tax Rate %

American Electric Power Co (WBO:AEPC) Tax Rate % : -16.67% (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is American Electric Power Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. American Electric Power Co's Tax Expense for the three months ended in Dec. 2023 was €-45 Mil. American Electric Power Co's Pre-Tax Income for the three months ended in Dec. 2023 was €267 Mil. Therefore, American Electric Power Co's Tax Rate % for the quarter that ended in Dec. 2023 was -16.67%.


American Electric Power Co Tax Rate % Historical Data

The historical data trend for American Electric 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.

* Premium members only.

American Electric Power Co Tax Rate % Chart

American Electric Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.70 1.89 4.60 0.22 2.47

American Electric Power Co 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 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 -31.78 2.66 5.44 6.41 -16.67

American Electric Power Co Tax Rate % Calculation

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

American Electric Power Co'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 )
=50.068/2025.378
=2.47 %

American Electric Power Co'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 )
=-44.566/267.397
=-16.67 %

* 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.


American Electric Power Co Tax Rate % Related Terms

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


American Electric Power Co (WBO:AEPC) Business Description

Traded in Other Exchanges
Address
1 Riverside Plaza, Columbus, OH, USA, 43215-2373
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.

American Electric Power Co (WBO:AEPC) Headlines

No Headlines