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Altus Power (Altus Power) Pre-Tax Income : $-22.4 Mil (TTM As of Mar. 2024)


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What is Altus Power Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Altus Power's pretax income for the three months ended in Mar. 2024 was $9.0 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-22.4 Mil. Altus Power's pretax margin was 22.01%.

During the past 4 years, Altus Power's highest Pretax Margin was 52.63%. The lowest was -17.18%. And the median was 7.27%.


Altus Power Pre-Tax Income Historical Data

The historical data trend for Altus Power's Pre-Tax Income 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.

Altus Power Pre-Tax Income Chart

Altus Power Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-1.80 13.30 53.24 -26.66

Altus Power Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.73 4.50 4.84 -40.72 8.95

Competitive Comparison of Altus Power's Pre-Tax Income

For the Utilities - Renewable subindustry, Altus Power's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altus Power's Pre-Tax Income Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Altus Power's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Altus Power's Pre-Tax Income falls into.



Altus Power Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Altus Power's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=24.462+-3.632+-47.486+0+0
=-26.7

Altus Power's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.717+25.861+-16.193+0+0
=9.0

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.4 Mil.

* 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.


Altus Power  (NYSE:AMPS) Pre-Tax Income Explanation

Altus Power's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=8.951/40.659
=22.01%

During the past 4 years, Altus Power's highest Pretax Margin was 52.63%. The lowest was -17.18%. And the median was 7.27%.

* 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.


Altus Power Pre-Tax Income Related Terms

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Altus Power (Altus Power) Business Description

Traded in Other Exchanges
Address
2200 Atlantic Street, 6th Floor, Stamford, CT, USA, 06902
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.
Executives
Lars Norell director, officer: See Remarks 12 EGGLESTON LANE, OLD GREENWICH CT 06870
Dustin Weber officer: See Remarks 2200 ATLANTIC STREET, 6TH FLOOR, STAMFORD CT 06902
Anthony Savino officer: See Remarks 2200 ATLANTIC STREET, 6TH FLOOR, STAMFORD CT 06902
Gso Altus Holdings Lp 10 percent owner 345 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10154
William F Concannon director, officer: Chief Executive Officer 200 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10166
Gregg J Felton director, officer: See Remarks C/O FULL CIRCLE CAPITAL CORPORATION, 800 WESTCHESTER AVE., RYE BROOK NY 10573
Diane D Brink director C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Valueact Capital Management, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Gso Altus Holdings Associates Llc 10 percent owner 345 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10154
Sharon Daley director 2200 ATLANTIC STREET, 6TH FLOOR, STAMFORD CT 06902
Cbre Acquisition Sponsor, Llc director, 10 percent owner 2100 MCKENNEY AVENUE, 12TH FLOOR, DALLAS TX 75201
Robert M Horn director C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Cbre Group, Inc. director, 10 percent owner 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Cbre Services, Inc. director, 10 percent owner C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Christine Rose Detrick director 200 CLARENDON STREET, T-9, BOSTON MA 02116