Ageas/ NV (Ageas/ NV) Tax Rate % : 18.22% (As of Dec. 2023)

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What is Ageas/ NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ageas/ NV's Tax Expense for the six months ended in Dec. 2023 was $130 Mil. Ageas/ NV's Pre-Tax Income for the six months ended in Dec. 2023 was $712 Mil. Therefore, Ageas/ NV's Tax Rate % for the quarter that ended in Dec. 2023 was 18.22%.

Ageas/ NV Tax Rate % Historical Data

The historical data trend for Ageas/ NV'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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Ageas/ NV Tax Rate % Chart

Ageas/ NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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17.79

15.20

17.47

13.77

17.58

Ageas/ NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															15.29	12.47	15.28	17.03	18.22

Ageas/ NV Tax Rate % Calculation

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

Ageas/ NV'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 )
	=	273.719	/	1557.252
	=	17.58 %

Ageas/ NV'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 )
	=	129.771	/	712.105
	=	18.22 %

Ageas/ NV Tax Rate % Related Terms

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Ageas/ NV (Ageas/ NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ageas SA/ NV (OTCPK:AGESY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

AGS:Mexico AGS:Italy AGSb:UK 0Q99:UK FO4N:Germany AGS:Belgium AGS:Austria

Address

Rue du Marquis 1/Markiesstraat 1, Box 7, Brussels, BEL, 1000

Website

https://www.ageas.com

Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralised debt. As Fortis' capital began to decline, the company initiated a rights issue and the long-held promised dividend was suspended. As Fortis' share price began to decline and financial market conditions continued to worsen, with a series of leadership changes customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgium government, and BNP Paribas and was asked to spin off its insurance and asset management divisions.

Ageas/ NV (Ageas/ NV) Headlines

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