GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NextEra Energy Inc (WBO:NEE) » Definitions » Tax Rate %

NextEra Energy (WBO:NEE) Tax Rate % : 10.49% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is NextEra Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NextEra Energy's Tax Expense for the three months ended in Mar. 2024 was €209 Mil. NextEra Energy's Pre-Tax Income for the three months ended in Mar. 2024 was €1,991 Mil. Therefore, NextEra Energy's Tax Rate % for the quarter that ended in Mar. 2024 was 10.49%.


NextEra Energy Tax Rate % Historical Data

The historical data trend for NextEra 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.

NextEra Energy Tax Rate % Chart

NextEra Energy 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 11.68 1.82 10.96 15.29 13.80

NextEra Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.78 16.24 -4.73 15.51 10.49

NextEra Energy Tax Rate % Calculation

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

NextEra Energy'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 )
=922.502/6683.096
=13.80 %

NextEra Energy's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=208.84/1990.88
=10.49 %

* 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.


NextEra Energy Tax Rate % Related Terms

Thank you for viewing the detailed overview of NextEra Energy's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


NextEra Energy (WBO:NEE) Business Description

Address
700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 32 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 25 GW of generation capacity, including natural gas, nuclear, wind, and solar.