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EDP (LTS:0OF7) Tax Rate % : 31.60% (As of Jun. 2024)


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What is EDP Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. EDP's Tax Expense for the three months ended in Jun. 2024 was €220 Mil. EDP's Pre-Tax Income for the three months ended in Jun. 2024 was €695 Mil. Therefore, EDP's Tax Rate % for the quarter that ended in Jun. 2024 was 31.60%.

EDP Tax Rate % Historical Data

The historical data trend for EDP'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.

* Premium members only.

EDP Tax Rate % Chart

EDP 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 18.92 20.13 18.45 24.60 26.87

EDP 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 38.02 9.99 75.50 23.49 31.60

EDP Tax Rate % Calculation

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

EDP'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 )
=507.219/1887.974
=26.87 %

EDP'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 )
=219.541/694.754
=31.60 %

* 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.

EDP Tax Rate % Related Terms

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EDP Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EDP SA (LTS:0OF7) » Definitions » Tax Rate %
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XLIS:RENE XMAD:IBE SAU:2082 ADX:TAQA MIL:ENEL SRE XPAR:ENGI XTER:EOAN DFM:DEWA LSE:SSE XTER:RWE XTER:EBK TSX:BIP.UN AES ASX:ORG TSE:9502 XKLS:4677 XKLS:6742 MIL:A2A TSX:CU
Traded in Other Exchanges
ELCPF:USA EDPFY:USA EDP:Portugal EDPu:UK EDP:Germany
Address
Avendia 24 de Julho, No. 12, 4th Floor, Lisboa, PRT, 1249-300
Website
https://www.edp.com
EDP is a vertically integrated utility company and is the largest generator, supplier, and distributor of electricity in Portugal. In addition to Portugal, EDP has sizable operations in Spain, Brazil, and the US EDP owns 71% of EDP Renovaveis, the fourth-largest wind power owner/operator in the world. EDP also owns 54% of Energias do Brasil, which it aims to delist by end-2023.

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