Utility American Water Works Company (ticker: AWK) has recently enjoyed a cash tax rate of 0.1% and has brought in a pretax profit of $1.1 billion on average in the past three years. Its peer, Ameren (AEE), has had a 0.1% cash tax rate and pretax profit of $1.1 billion, as well.
Advanced Micro Devices (AMD) has had a 1% tax rate and average pretax profit of $1.8 billion. Nvidia NVDA –1.18% (NVDA) has had a 4.7% tax rate and average pretax profit of $4.8 billion. Broadcom (AVG) has had a 6.8% tax rate and pretax profit of $6.8 billon.
Apollo Global Management APO –0.79% (APO) has had a 5.1% tax rate and pretax profit $2.3 billion.
Ford Motor F –0.46% (F) has had a 4.3% tax rate and pretax profit of $4.93 billion. Tesla TSLA –6.63% (TSLA) has had a 5.3% tax rate and pretax profit of $2.3 billion.
Amazon.com AMZN –1.24% (AMZN) has had a 9% tax rate and pretax profit of $25.4 billion.
Salesforce (CRM) has had a 3.1% tax rate and pretax profit of $1.6 billion.
These companies are candidates to see lowered earnings from higher taxes.
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