Jackson Financial (LTS:0JKF) Tax Rate % : 11.18% (As of Mar. 2024)

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What is Jackson Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Jackson Financial's Tax Expense for the three months ended in Mar. 2024 was $101 Mil. Jackson Financial's Pre-Tax Income for the three months ended in Mar. 2024 was $903 Mil. Therefore, Jackson Financial's Tax Rate % for the quarter that ended in Mar. 2024 was 11.18%.

Jackson Financial Tax Rate % Historical Data

The historical data trend for Jackson 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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Jackson Financial Tax Rate % Chart

Jackson Financial Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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45.50

34.28

15.33

19.46

0.42

Jackson Financial Quarterly Data
	Dec18	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														27.17	16.72	20.33	20.20	11.18

Jackson Financial Tax Rate % Calculation

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

Jackson 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 )
	=	4	/	958
	=	0.42 %

Jackson 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 )
	=	101	/	903
	=	11.18 %

Jackson Financial Tax Rate % Related Terms

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Jackson Financial (LTS:0JKF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Jackson Financial Inc (LTS:0JKF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

JXN:USA 8WF:Germany 8WF:Germany

Address

1 Corporate Way, Lansing, MI, USA, 48951

Website

https://www.jackson.com

Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings comprise annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. It manages the business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments.

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