The Connecticut Light & Power Co (The Connecticut Light & Power Co) Tax Rate % : 29.88% (As of Dec. 2019)

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What is The Connecticut Light & Power Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The Connecticut Light & Power Co's Tax Expense for the three months ended in Dec. 2019 was $35.75 Mil. The Connecticut Light & Power Co's Pre-Tax Income for the three months ended in Dec. 2019 was $119.64 Mil. Therefore, The Connecticut Light & Power Co's Tax Rate % for the quarter that ended in Dec. 2019 was 29.88%.

The Connecticut Light & Power Co Tax Rate % Historical Data

The historical data trend for The Connecticut Light & 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.

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The Connecticut Light & Power Co Tax Rate % Chart

The Connecticut Light & Power Co Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Tax Rate %

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37.21

38.39

33.13

25.47

25.00

The Connecticut Light & Power Co Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Tax Rate %	Get a 7-Day Free Trial															25.48	21.05	21.00	28.22	29.88

The Connecticut Light & Power Co Tax Rate % Calculation

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

The Connecticut Light & Power Co's Tax Rate % for the fiscal year that ended in Dec. 2019 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2019 )	/	Pre-Tax Income (A: Dec. 2019 )
	=	136.971	/	547.823
	=	25.00 %

The Connecticut Light & Power Co's Tax Rate % for the quarter that ended in Dec. 2019 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2019 )	/	Pre-Tax Income (Q: Dec. 2019 )
	=	35.752	/	119.642
	=	29.88 %

The Connecticut Light & Power Co Tax Rate % Related Terms

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The Connecticut Light & Power Co (The Connecticut Light & Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » The Connecticut Light & Power Co (OTCPK:CNPWP.PFD) » Definitions » Tax Rate %

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Address

107 Selden Street, Berlin, CT, USA, 06037-1616

Website

https://www.eversource.com

The Connecticut Light & Power Co is a regulated electric utility that serves residential, commercial and industrial customers in parts of Connecticut. Its business consists of purchase, delivery, and sale of electricity to customers.

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