MVV Energie AG (XTER:MVV1) Tax Rate % : 31.58% (As of Mar. 2024)

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What is MVV Energie AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MVV Energie AG's Tax Expense for the three months ended in Mar. 2024 was €45 Mil. MVV Energie AG's Pre-Tax Income for the three months ended in Mar. 2024 was €143 Mil. Therefore, MVV Energie AG's Tax Rate % for the quarter that ended in Mar. 2024 was 31.58%.

MVV Energie AG Tax Rate % Historical Data

The historical data trend for MVV Energie AG'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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MVV Energie AG Tax Rate % Chart

MVV Energie AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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32.16

29.14

29.49

1,480.13

26.28

MVV Energie AG 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															29.67	24.36	50.47	32.42	31.58

MVV Energie AG Tax Rate % Calculation

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

MVV Energie AG's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	268.56	/	1021.766
	=	26.28 %

MVV Energie AG'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 )
	=	45.048	/	142.628
	=	31.58 %

MVV Energie AG Tax Rate % Related Terms

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MVV Energie AG (XTER:MVV1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » MVV Energie AG (XTER:MVV1) » Definitions » Tax Rate %

Comparable Companies

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MVV1:Germany MVV1:Germany MVV1:Germany

Address

Luisenring 49, Mannheim, BW, DEU, 68159

Website

https://www.mvv.de

MVV Energie AG is an energy company. Its business comprises energy generation, energy trading, and energy distribution via proprietary grids through to sales and energy-related services. The company operates through five segments: Customer Solutions, New Energies, Supply Reliability, Strategic Investments, and Other Activities. The majority of the company's revenue is generated from Customer Solutions segment which includes the energy and water retail and wholesale businesses. Geographically, the company is focuses on Germany, which is its key revenue generating market and the United Kingdom.

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