Suncorp Group (ASX:SUNPE.PFD) Tax Rate % : 31.49% (As of Dec. 2023)

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What is Suncorp Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Suncorp Group's Tax Expense for the six months ended in Dec. 2023 was A$274.00 Mil. Suncorp Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$870.00 Mil. Therefore, Suncorp Group's Tax Rate % for the quarter that ended in Dec. 2023 was 31.49%.

Suncorp Group Tax Rate % Historical Data

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

Suncorp Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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29.44

32.07

30.55

16.49

29.42

Suncorp 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															30.02	-12.88	29.75	29.09	31.49

Suncorp Group Tax Rate % Calculation

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

Suncorp 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 )
	=	483	/	1642
	=	29.42 %

Suncorp 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 )
	=	274	/	870
	=	31.49 %

Suncorp Group Tax Rate % Related Terms

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Suncorp Group (ASX:SUNPE.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Suncorp Group Ltd (ASX:SUNPE.PFD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SNMYF:USA SNMCY:USA SU4:Germany SUNPI.PFD:Australia SUNPH.PFD:Australia SUNPG.PFD:Australia SUN:Australia

Address

80 Ann Street, Level 23, Heritage Lanes, Brisbane, QLD, AUS, 4000

Website

https://www.suncorpgroup.com.au

Suncorp is a Queensland-based financial services conglomerate offering retail and business banking, general insurance, superannuation, and investment products in Australia and New Zealand. It also operates a life insurance business in New Zealand. The core businesses include personal insurance, commercial insurance, Vero New Zealand, and Suncorp Bank. Suncorp and competitors IAG Insurance and QBE Insurance dominate the Australian and New Zealand insurance markets.

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