Altus Power (FRA:8770) Tax Rate % : 54.69% (As of Mar. 2024)

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What is Altus Power Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Altus Power's Tax Expense for the three months ended in Mar. 2024 was €4.5 Mil. Altus Power's Pre-Tax Income for the three months ended in Mar. 2024 was €8.2 Mil. Therefore, Altus Power's Tax Rate % for the quarter that ended in Mar. 2024 was 54.69%.

Altus Power Tax Rate % Historical Data

The historical data trend for Altus Power'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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Altus Power Tax Rate % Chart

Altus Power Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-4.59

2.22

2.02

2.56

Altus Power Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial									18.75	25.09	-40.12	1.87	54.69

Altus Power Tax Rate % Calculation

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

Altus Power'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 )
	=	-0.626	/	-24.444
	=	2.56 %

Altus Power'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 )
	=	4.504	/	8.235
	=	54.69 %

Altus Power Tax Rate % Related Terms

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Altus Power (FRA:8770) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Altus Power Inc (FRA:8770) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

AMPS:USA 8770:Germany

Address

2200 Atlantic Street, 6th Floor, Stamford, CT, USA, 06902

Website

https://www.altuspower.com

Altus Power Inc is a renewable energy generation company focused on the commercial and industrial, public sector, and community solar customers. It operates as a developer, owner and operator of large-scale roof, ground and carport-based photovoltaic and energy storage systems, as well as electric vehicle charging facilities.

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