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Virtus Investment Partners (FRA:VIP) Tax Rate % : 18.91% (As of Mar. 2024)


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What is Virtus Investment Partners Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Virtus Investment Partners's Tax Expense for the three months ended in Mar. 2024 was €8.1 Mil. Virtus Investment Partners's Pre-Tax Income for the three months ended in Mar. 2024 was €43.0 Mil. Therefore, Virtus Investment Partners's Tax Rate % for the quarter that ended in Mar. 2024 was 18.91%.

Virtus Investment Partners Tax Rate % Historical Data

The historical data trend for Virtus Investment Partners'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.

Virtus Investment Partners Tax Rate % Chart

Virtus Investment Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.00 26.81 25.68 34.94 24.17

Virtus Investment Partners 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.08 26.55 24.20 25.67 18.91

Virtus Investment Partners Tax Rate % Calculation

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

Virtus Investment Partners'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 )
=41.346/171.079
=24.17 %

Virtus Investment Partners'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 )
=8.125/42.962
=18.91 %

* 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.

Virtus Investment Partners Tax Rate % Related Terms

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Virtus Investment Partners (FRA:VIP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Investment Partners Inc (FRA:VIP) » Definitions » Tax Rate %
Comparable Companies
USA NUV BIGZ EVT ECAT RQI RVT BCAT CLM NAC BLK BX KKR OSTO:INVE A TSX:BN APO BK AMP XSWX:PGHN OSTO:EQT
Traded in Other Exchanges
VRTS:USA
Address
One Financial Plaza, Hartford, CT, USA, 06103
Website
https://www.virtus.com
Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.

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