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FirstEnergy (STU:FE7) Tax Rate % : 21.90% (As of Dec. 2024)


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What is FirstEnergy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. FirstEnergy's Tax Expense for the three months ended in Dec. 2024 was €79 Mil. FirstEnergy's Pre-Tax Income for the three months ended in Dec. 2024 was €362 Mil. Therefore, FirstEnergy's Tax Rate % for the quarter that ended in Dec. 2024 was 21.90%.

FirstEnergy Tax Rate % Historical Data

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

FirstEnergy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.16 20.53 69.49 18.24 25.07

FirstEnergy 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 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 27.82 33.58 39.88 16.79 21.90

FirstEnergy Tax Rate % Calculation

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

FirstEnergy'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 )
=360.035/1436.32
=25.07 %

FirstEnergy'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 )
=79.265/361.945
=21.90 %

* 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.

FirstEnergy Tax Rate % Related Terms

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FirstEnergy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » FirstEnergy Corp (STU:FE7) » Definitions » Tax Rate %
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CNP ES EIX CMS PPL AEE DTE LNT EVRG WEC NEE SO DUK LSE:NG. AEP D EXC PEG BOM:532555 XEL
Traded in Other Exchanges
FE:USA 0IPB:UK FE7:Germany
Address
76 South Main Street, Akron, OH, USA, 44308
Website
https://www.firstenergycorp.com
FirstEnergy is an investor-owned holding company. The company is involved in the transmission, distribution, and generation of electricity. The company's electric operating companies comprise one of the nation's largest investor-owned electric systems, serving over six million customers in the Midwest and Mid-Atlantic regions. FirstEnergy's transmission operations include more than 24,000 miles of transmission lines and two regional transmission operation centers.

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