ERG SpA (FRA:ER9) Tax Rate % : 30.30% (As of Dec. 2024)

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What is ERG SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ERG SpA's Tax Expense for the three months ended in Dec. 2024 was €20.0 Mil. ERG SpA's Pre-Tax Income for the three months ended in Dec. 2024 was €66.0 Mil. Therefore, ERG SpA's Tax Rate % for the quarter that ended in Dec. 2024 was 30.30%.

ERG SpA Tax Rate % Historical Data

The historical data trend for ERG SpA'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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ERG SpA Tax Rate % Chart

ERG SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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14.51

27.12

52.31

25.53

27.05

ERG SpA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															29.06	24.27	29.27	23.53	30.30

ERG SpA Tax Rate % Calculation

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

ERG SpA's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	66	/	244
	=	27.05 %

ERG SpA's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	20	/	66
	=	30.30 %

ERG SpA Tax Rate % Related Terms

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ERG SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ERG SpA (FRA:ER9) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ERG:Italy ERGm:UK 0MHC:UK ER9:Germany

Address

Via De Marini, 1, Torre WTC, Genoa, ITA, 16149

Website

https://www.erg.eu

ERG SpA produces electricity from clean, renewable, and sustainable sources. Its energy comes from the combination of natural resources such as wind and sun. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew which focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.

ERG SpA Headlines

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