Quarterly Financial Report: U.S. Corporations: Petroleum and Coal Products: Income (Loss) After Income Taxes

QFR115324USNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

13,161.00

Year-over-Year Change

-42.32%

Date Range

10/1/2000 - 1/1/2025

Summary

Measures after-tax income for U.S. petroleum and coal products corporations. Provides critical insight into the financial performance of this key industrial sector.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This metric tracks corporate income after accounting for income taxes in the petroleum and coal products industry. It reflects the sector's profitability and economic contribution.

Methodology

Calculated through quarterly financial reporting by U.S. corporations in the petroleum and coal sector.

Historical Context

Essential for understanding energy sector financial performance and economic contributions.

Key Facts

  • Quarterly reporting of after-tax corporate income
  • Specific to petroleum and coal product corporations
  • Reflects energy sector financial performance

FAQs

Q: What does after-tax income represent?

A: After-tax income shows a company's profitability after accounting for income tax expenses. It represents net earnings available to shareholders.

Q: How frequently is this data updated?

A: The data is updated quarterly, providing current insights into the petroleum and coal products sector.

Q: Why is this metric important for economists?

A: It provides a key indicator of financial health and economic performance in the critical energy production sector.

Q: How do taxes impact corporate income?

A: Income taxes directly reduce corporate earnings, making after-tax income a crucial measure of true financial performance.

Q: What factors influence petroleum sector income?

A: Global oil prices, production costs, regulatory environment, and market demand significantly impact corporate income.

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Citation

U.S. Federal Reserve, Quarterly Financial Report: Petroleum and Coal Products (QFR115324USNO), retrieved from FRED.