Iren SpA (MIL:IRE) Tax Rate % : 30.51% (As of Mar. 2024)

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What is Iren SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Iren SpA's Tax Expense for the three months ended in Mar. 2024 was €59 Mil. Iren SpA's Pre-Tax Income for the three months ended in Mar. 2024 was €193 Mil. Therefore, Iren SpA's Tax Rate % for the quarter that ended in Mar. 2024 was 30.51%.

Iren SpA Tax Rate % Historical Data

The historical data trend for Iren SpA'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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Iren SpA Tax Rate % Chart

Iren SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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29.59

27.08

21.30

32.31

25.61

Iren SpA 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															25.29	33.76	26.03	24.45	30.51

Iren SpA Tax Rate % Calculation

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

Iren SpA'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 )
	=	97.095	/	379.106
	=	25.61 %

Iren SpA'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 )
	=	58.815	/	192.754
	=	30.51 %

Iren SpA Tax Rate % Related Terms

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Iren SpA (MIL:IRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Iren SpA (MIL:IRE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

IRDEF:USA IREm:UK 0MUN:UK TZ8:Germany

Address

Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123

Website

https://www.gruppoiren.it

Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.

Iren SpA (MIL:IRE) Headlines

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