Cellnex Telecom (XMAD:CLNX) Tax Rate % : 18.37% (As of Dec. 2023)

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What is Cellnex Telecom Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cellnex Telecom's Tax Expense for the three months ended in Dec. 2023 was €-24 Mil. Cellnex Telecom's Pre-Tax Income for the three months ended in Dec. 2023 was €-128 Mil. Therefore, Cellnex Telecom's Tax Rate % for the quarter that ended in Dec. 2023 was 18.37%.

Cellnex Telecom Tax Rate % Historical Data

The historical data trend for Cellnex Telecom'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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Cellnex Telecom Tax Rate % Chart

Cellnex Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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65.63

24.14

28.53

37.77

27.63

Cellnex Telecom 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															62.52	23.39	25.06	79.33	18.37

Cellnex Telecom Tax Rate % Calculation

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

Cellnex Telecom'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 )
	=	-120.589	/	-436.412
	=	27.63 %

Cellnex Telecom'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 )
	=	-23.589	/	-128.412
	=	18.37 %

Cellnex Telecom Tax Rate % Related Terms

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Cellnex Telecom (XMAD:CLNX) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cellnex Telecom SA (XMAD:CLNX) » Definitions » Tax Rate %

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Address

Passeig Zona Franca, 105, Barcelona, ESP, 08038

Website

https://www.cellnextelecom.com

Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Cellnex's strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.

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