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AUB Group (ASX:AUB) Tax Rate % : 23.60% (As of Dec. 2023)


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What is AUB Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AUB Group's Tax Expense for the six months ended in Dec. 2023 was A$21.0 Mil. AUB Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$88.8 Mil. Therefore, AUB Group's Tax Rate % for the quarter that ended in Dec. 2023 was 23.60%.

AUB Group Tax Rate % Historical Data

The historical data trend for AUB 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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AUB Group Tax Rate % Chart

AUB Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.86 16.76 18.08 18.27 27.91

AUB Group 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 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 18.54 18.10 57.61 20.29 23.60

AUB Group Tax Rate % Calculation

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

AUB Group's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=35.48/127.103
=27.91 %

AUB Group'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 )
=20.958/88.787
=23.60 %

* 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.

AUB Group Tax Rate % Related Terms

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AUB Group (ASX:AUB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AUB Group Ltd (ASX:AUB) » Definitions » Tax Rate %
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Traded in Other Exchanges
A5H:Germany
Address
141 Walker Street, Level 14, North Sydney, Sydney, NSW, AUS, 2060
Website
https://www.aubgroup.com.au
AUB Group is the second-largest general insurance broker network in Australia and New Zealand. It has an ownership in brokerage businesses which collectively write over AUD 5 billion in premiums. It also owns equity stakes in 27 underwriting agencies. AUB derives revenue from commissions (from insurers, ultimately paid for by AUB's customers) based on gross written premium, or GWP, from agencies it owns, and a share of profits from associates and joint ventures. GWP is split between personal (7%), small to medium enterprises (65%), and corporates (28%).