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Redeiaoracion (FRA:RE2) Tax Rate % : 23.21% (As of Jun. 2024)


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What is Redeiaoracion Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Redeiaoracion's Tax Expense for the three months ended in Jun. 2024 was €44 Mil. Redeiaoracion's Pre-Tax Income for the three months ended in Jun. 2024 was €188 Mil. Therefore, Redeiaoracion's Tax Rate % for the quarter that ended in Jun. 2024 was 23.21%.

Redeiaoracion Tax Rate % Historical Data

The historical data trend for Redeiaoracion'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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Redeiaoracion Tax Rate % Chart

Redeiaoracion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.81 24.16 22.72 21.66 20.93

Redeiaoracion Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.19 19.99 12.36 22.70 23.21

Redeiaoracion Tax Rate % Calculation

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

Redeiaoracion'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 )
=190.453/910.126
=20.93 %

Redeiaoracion's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=43.661/188.142
=23.21 %

* 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.

Redeiaoracion Tax Rate % Related Terms

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Redeiaoracion Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Redeia Corporacion SA (FRA:RE2) » Definitions » Tax Rate %
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XMAD:ELE NEE SO DUK LSE:NG. PCG AEP D BOM:532555 PEG EXC ED XEL BOM:532898 EIX WEC ETR SHSE:601985 DTE FE
Traded in Other Exchanges
RDEIY:USA RDEIF:USA 1REE:Italy REDe:UK 0RI5:UK RED:Spain RE2:Germany RE21:Germany RE21:Germany REE:Austria
Address
Paseo del Conde de los Gaitanes, 177, Alcobendas, Madrid, ESP, 28109
Website
https://www.ree.es
Redeia owns and operates the Spanish electric transmission system. The company has acquired almost all of the nation's power grid, which other owners were forced to sell to it by government decree. Its activities are regulated by the National Energy Commission, which answers to the Spanish legislature. Redeia also operates a small fibre-optics network in Spain and has a growing Latin American infrastructure business. The group significantly increased its exposure to telecommunications by acquiring Spanish communications satellite operator Hispasat from Abertis in 2019.

Redeiaoracion Headlines

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