Definity Financial (Definity Financial) Tax Rate % : 24.61% (As of Mar. 2024)

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What is Definity Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Definity Financial's Tax Expense for the three months ended in Mar. 2024 was $25 Mil. Definity Financial's Pre-Tax Income for the three months ended in Mar. 2024 was $104 Mil. Therefore, Definity Financial's Tax Rate % for the quarter that ended in Mar. 2024 was 24.61%.

Definity Financial Tax Rate % Historical Data

The historical data trend for Definity Financial'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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Definity Financial Tax Rate % Chart

Definity Financial Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Tax Rate %

23.28

24.18

2.02

24.12

Definity Financial Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial									23.35	23.60	28.15	25.48	24.61

Definity Financial Tax Rate % Calculation

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

Definity Financial'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 )
	=	84.004	/	348.241
	=	24.12 %

Definity Financial'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 )
	=	25.488	/	103.576
	=	24.61 %

Definity Financial Tax Rate % Related Terms

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Definity Financial (Definity Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Definity Financial Corp (OTCPK:DFYFF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

DFY:Canada

Address

111 Westmount Road South, Waterloo, ON, CAN, N2L 2L6

Website

https://www.definityfinancial.com

Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers. Its commercial insurance products include fleet, individually-rated commercial auto, property, liability, and specialty insurance products.