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Hawaiian Electric Industries (FRA:HWI) Tax Rate % : 21.51% (As of Mar. 2024)


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What is Hawaiian Electric Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hawaiian Electric Industries's Tax Expense for the three months ended in Mar. 2024 was €11 Mil. Hawaiian Electric Industries's Pre-Tax Income for the three months ended in Mar. 2024 was €50 Mil. Therefore, Hawaiian Electric Industries's Tax Rate % for the quarter that ended in Mar. 2024 was 21.51%.

Hawaiian Electric Industries Tax Rate % Historical Data

The historical data trend for Hawaiian Electric Industries'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.

Hawaiian Electric Industries Tax Rate % Chart

Hawaiian Electric Industries 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 19.03 17.00 20.20 20.11 18.14

Hawaiian Electric Industries 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 21.49 20.59 15.31 13.45 21.51

Hawaiian Electric Industries Tax Rate % Calculation

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

Hawaiian Electric Industries'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 )
=40.873/225.308
=18.14 %

Hawaiian Electric Industries'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 )
=10.74/49.927
=21.51 %

* 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.

Hawaiian Electric Industries Tax Rate % Related Terms

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Hawaiian Electric Industries (FRA:HWI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hawaiian Electric Industries Inc (FRA:HWI) » Definitions » Tax Rate %
Comparable Companies
GNE VIA SUME MGEE PNM POR IDA NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG BOM:532898 ED XEL
Traded in Other Exchanges
HE:USA HWI:Germany
Address
1001 Bishop Street, Suite 2900, Honolulu, HI, USA, 96813
Website
https://www.hei.com
Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai. Nearly 40% of electricity in its service territory comes from renewable energy; this portion is growing rapidly as the state has set a goal of 100% by 2045.

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