Equitrans Midstream (FRA:37W) Tax Rate % : 14.78% (As of Mar. 2024)

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What is Equitrans Midstream Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Equitrans Midstream's Tax Expense for the three months ended in Mar. 2024 was €18 Mil. Equitrans Midstream's Pre-Tax Income for the three months ended in Mar. 2024 was €121 Mil. Therefore, Equitrans Midstream's Tax Rate % for the quarter that ended in Mar. 2024 was 14.78%.

Equitrans Midstream Tax Rate % Historical Data

The historical data trend for Equitrans Midstream'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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Equitrans Midstream Tax Rate % Chart

Equitrans Midstream Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-355.68

14.17

19.73

-2.57

-4.32

Equitrans Midstream Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-3.70	0.67	-9.25	-3.11	14.78

Equitrans Midstream Tax Rate % Calculation

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

Equitrans Midstream'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 )
	=	-17.261	/	399.749
	=	-4.32 %

Equitrans Midstream's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	17.848	/	120.786
	=	14.78 %

Equitrans Midstream Tax Rate % Related Terms

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Equitrans Midstream (FRA:37W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Equitrans Midstream Corp (FRA:37W) » Definitions » Tax Rate %

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Traded in Other Exchanges

ETRN:USA 37W:Germany

Address

2200 Energy Drive, Canonsburg, PA, USA, 15317

Website

https://www.equitransmidstream.com

Equitrans acquired EQM Midstream in mid-2020, consolidating the midstream family. Equitrans now own EQM assets directly versus just unit ownership. EQM Midstream provides gathering, transmission, and water services to primarily Appalachian producers in Pennsylvania, West Virginia, and Ohio.

Equitrans Midstream (FRA:37W) Headlines

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