AQNU (Algonquin Power & Utilities) Tax Rate % : 16.00% (As of Sep. 2024)

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What is Algonquin Power & Utilities Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Algonquin Power & Utilities's Tax Expense for the three months ended in Sep. 2024 was $6.36 Mil. Algonquin Power & Utilities's Pre-Tax Income for the three months ended in Sep. 2024 was $39.76 Mil. Therefore, Algonquin Power & Utilities's Tax Rate % for the quarter that ended in Sep. 2024 was 16.00%.

Algonquin Power & Utilities Tax Rate % Historical Data

The historical data trend for Algonquin Power & Utilities'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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Algonquin Power & Utilities Tax Rate % Chart

Algonquin Power & Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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12.63

8.15

-30.53

16.64

72.15

Algonquin Power & Utilities Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															18.95	-30.98	8.59	-3.40	16.00

Algonquin Power & Utilities Tax Rate % Calculation

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

Algonquin Power & Utilities'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 )
	=	-86.3	/	-119.605
	=	72.15 %

Algonquin Power & Utilities's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	6.362	/	39.755
	=	16.00 %

Algonquin Power & Utilities Tax Rate % Related Terms

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Algonquin Power & Utilities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Algonquin Power & Utilities Corp (NYSE:AQNU) » Definitions » Tax Rate %

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Traded in Other Exchanges

AGQPF.PFD:USA AQN:USA 751:Germany AQN.PR.D.PFD:Canada AQN.PR.A.PFD:Canada AQN:Canada 751:Bulgaria

Address

354 Davis Road, Oakville, ON, CAN, L6J 2X1

Website

https://www.algonquinpower.com

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.