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Contact Energy (NZSE:CEN) Tax Rate % : 28.17% (As of Dec. 2023)


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What is Contact Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Contact Energy's Tax Expense for the six months ended in Dec. 2023 was NZ$60 Mil. Contact Energy's Pre-Tax Income for the six months ended in Dec. 2023 was NZ$213 Mil. Therefore, Contact Energy's Tax Rate % for the quarter that ended in Dec. 2023 was 28.17%.

Contact Energy Tax Rate % Historical Data

The historical data trend for Contact Energy'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.

Contact Energy Tax Rate % Chart

Contact Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.87 26.90 28.35 28.06 28.25

Contact Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 28.34 27.27 22.22 27.96 28.17

Contact Energy Tax Rate % Calculation

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

Contact Energy's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=50/177
=28.25 %

Contact Energy's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=60/213
=28.17 %

* 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.

Contact Energy Tax Rate % Related Terms

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Contact Energy (NZSE:CEN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Contact Energy Ltd (NZSE:CEN) » Definitions » Tax Rate %
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Traded in Other Exchanges
BZB:Germany CEN:Australia
Address
29 Brandon Street, Harbour City Tower, Wellington, NTL, NZL, 6011
Website
https://www.contact.co.nz
Contact Energy is a diversified and integrated energy company. It owns a fleet of hydro, geothermal, and gas-fired generation assets, which produce close to 25% of New Zealand's electricity. It also retails electricity and gas to nearly half a million customers.