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Definity Financial (FRA:XR6) 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 €23 Mil. Definity Financial's Pre-Tax Income for the three months ended in Mar. 2024 was €95 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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 )
=77.032/319.337
=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 )
=23.449/95.29
=24.61 %

* 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.

Definity Financial Tax Rate % Related Terms

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Definity Financial (FRA:XR6) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Definity Financial Corp (FRA:XR6) » Definitions » Tax Rate %
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Traded in Other Exchanges
DFYFF:USA 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.

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