GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Asset Management Ltd (NYSE:BAM) » Definitions » Tax Rate %

Brookfield Asset Management (Brookfield Asset Management) Tax Rate % : 122.11% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Brookfield Asset Management Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Brookfield Asset Management's Tax Expense for the three months ended in Dec. 2023 was $116.0 Mil. Brookfield Asset Management's Pre-Tax Income for the three months ended in Dec. 2023 was $95.0 Mil. Therefore, Brookfield Asset Management's Tax Rate % for the quarter that ended in Dec. 2023 was 122.11%.

Brookfield Asset Management Tax Rate % Historical Data

The historical data trend for Brookfield Asset Management'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.

* Premium members only.

Brookfield Asset Management Tax Rate % Chart

Brookfield Asset Management Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
28.29 15.04 3,300.00 92.46

Brookfield Asset Management Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -22.43 74.40 143.12 42.62 122.11

Brookfield Asset Management Tax Rate % Calculation

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

Brookfield Asset Management'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 )
=417/451
=92.46 %

Brookfield Asset Management's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=116/95
=122.11 %

* 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.

Brookfield Asset Management Tax Rate % Related Terms

Thank you for viewing the detailed overview of Brookfield Asset Management's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Brookfield Asset Management (Brookfield Asset Management) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Asset Management Ltd (NYSE:BAM) » Definitions » Tax Rate %
Comparable Companies
TSX:PHYS.U TSX:IGM TSX:ONEX TSX:FIH.U TSX:EIT.UN TSX:CIX TSX:BBUC TSX:CYB TSX:UNC TSX:CVG BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
RW5:Germany RW5:Germany BAM:Canada
Address
181 Bay Street, Suite 100, Brookfield Place, Toronto, ON, CAN, M5H 2T3
Website
https://www.brookfield.com
Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a leading global alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.