Hydro One (TSX:H) Tax Rate % : 13.02% (As of Sep. 2024)

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What is Hydro One Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hydro One's Tax Expense for the three months ended in Sep. 2024 was C$56 Mil. Hydro One's Pre-Tax Income for the three months ended in Sep. 2024 was C$430 Mil. Therefore, Hydro One's Tax Rate % for the quarter that ended in Sep. 2024 was 13.02%.

Hydro One Tax Rate % Historical Data

The historical data trend for Hydro One'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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Hydro One Tax Rate % Chart

Hydro One Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.75

-77.65

15.46

21.40

13.99

Hydro One Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															9.09	6.63	14.74	16.19	13.02

Hydro One Tax Rate % Calculation

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

Hydro One'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 )
	=	178	/	1272
	=	13.99 %

Hydro One's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	56	/	430
	=	13.02 %

Hydro One Tax Rate % Related Terms

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Hydro One Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hydro One Ltd (TSX:H) » Definitions » Tax Rate %

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HRNNF:USA 8H1:Germany

Address

483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5

Website

https://www.hydroone.com

Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47% common equity stake.

Executives