GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Medibank Private Ltd (ASX:MPL) » Definitions » Tax Rate %

Medibank Private (ASX:MPL) Tax Rate % : 30.23% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Medibank Private Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Medibank Private's Tax Expense for the six months ended in Dec. 2023 was A$149 Mil. Medibank Private's Pre-Tax Income for the six months ended in Dec. 2023 was A$492 Mil. Therefore, Medibank Private's Tax Rate % for the quarter that ended in Dec. 2023 was 30.23%.


Medibank Private Tax Rate % Historical Data

The historical data trend for Medibank Private'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.

* Premium members only.

Medibank Private Tax Rate % Chart

Medibank Private Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 28.98 29.90 30.22 29.66 29.71

Medibank Private Semi-Annual Data
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 29.69 29.62 29.75 29.67 30.23

Medibank Private Tax Rate % Calculation

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

Medibank Private'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 )
=216/727.1
=29.71 %

Medibank Private'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 )
=148.7/491.9
=30.23 %

* 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.


Medibank Private Tax Rate % Related Terms

Thank you for viewing the detailed overview of Medibank Private's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Medibank Private (ASX:MPL) Business Description

Traded in Other Exchanges
Address
720 Bourke Street, Level 6, Docklands, VIC, AUS, 3008
Previously owned by the Australian government, Medibank is the largest health insurer in Australia. Its two brands, Medibank Private and ahm, cover around 5 million people. Medibank and Australia's fourth-largest health fund NIB Holdings are the only listed health insurers. In addition to private health insurance, the firm provides life, pet, and travel insurance, as well as health insurance for overseas students and temporary overseas workers. The Medibank Health division provides healthcare services to businesses, governments, and communities across Australia and New Zealand.

Medibank Private (ASX:MPL) Headlines

No Headlines