EMC Insurance Group (EMC Insurance Group) Tax Rate %

: 21.69% (As of Jun. 2019)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. EMC Insurance Group's Tax Expense for the three months ended in Jun. 2019 was $0.4 Mil. EMC Insurance Group's Pre-Tax Income for the three months ended in Jun. 2019 was $1.6 Mil. Therefore, EMC Insurance Group's Tax Rate % for the quarter that ended in Jun. 2019 was 21.69%.

EMC Insurance Group Tax Rate % Historical Data

The historical data trend for EMC Insurance Group'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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EMC Insurance Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Tax Rate %

26.68

30.00

26.90

1.45

49.11

EMC Insurance Group Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Tax Rate %																35.31	21.67	30.21	20.70	21.69

EMC Insurance Group Tax Rate % Calculation

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

EMC Insurance Group's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2018 )	/	Pre-Tax Income (A: Dec. 2018 )
	=	-7.208	/	-14.676
	=	49.11 %

EMC Insurance Group's Tax Rate % for the quarter that ended in Jun. 2019 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2019 )	/	Pre-Tax Income (Q: Jun. 2019 )
	=	0.356	/	1.641
	=	21.69 %

EMC Insurance Group Tax Rate % Related Terms

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EMC Insurance Group (EMC Insurance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » EMC Insurance Group Inc (NAS:EMCI) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

717 Mulberry Street, Des Moines, IA, USA, 50309

Website

http://www.emcins.com

EMC Insurance Group Inc is a United States based insurance provider that focusses on non-life insurance products. It derives significant revenues from its property and casualty insurance products, which it sells through its subsidiaries company. Its secondary source of revenue is its reinsurance segment. The group manages its reinsurance business through its subsidiary, EMC Reinsurance company, which sells commercial lines of property and casualty insurance products to small and medium-sized businesses.

Executives