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Fairfax Financial Holdings (Fairfax Financial Holdings) Tax Rate %

: 1.67% (As of Dec. 2023)
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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fairfax Financial Holdings's Tax Expense for the three months ended in Dec. 2023 was $29 Mil. Fairfax Financial Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $1,703 Mil. Therefore, Fairfax Financial Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 1.67%.


Fairfax Financial Holdings Tax Rate % Historical Data

The historical data trend for Fairfax Financial Holdings'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.

Fairfax Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.71 84.68 16.53 22.28 13.77

Fairfax Financial Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % 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 Premium Member Only Premium Member Only Premium Member Only 18.04 20.64 12.23 20.41 1.67

Fairfax Financial Holdings Tax Rate % Calculation

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

Fairfax Financial Holdings'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 )
=813.4/5908.3
=13.77 %

Fairfax Financial Holdings'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 )
=28.5/1703.3
=1.67 %

* 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.


Fairfax Financial Holdings Tax Rate % Related Terms

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Fairfax Financial Holdings (Fairfax Financial Holdings) Business Description

Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.

Fairfax Financial Holdings (Fairfax Financial Holdings) Headlines

From GuruFocus

Fairfax Commits US$1 Million to Earthquake Relief Efforts in Turkey

By GlobeNewswire GlobeNewswire 02-27-2023

Prem Watsa's Fairfax Financial 2022 Annual Letter

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Fairfax Completes US$750 Million Senior Notes Offering

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