Topdanmark A/S (OCSE:TOP) Tax Rate % : 26.65% (As of Mar. 2024)

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What is Topdanmark A/S Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Topdanmark A/S's Tax Expense for the three months ended in Mar. 2024 was kr137 Mil. Topdanmark A/S's Pre-Tax Income for the three months ended in Mar. 2024 was kr514 Mil. Therefore, Topdanmark A/S's Tax Rate % for the quarter that ended in Mar. 2024 was 26.65%.

Topdanmark A/S Tax Rate % Historical Data

The historical data trend for Topdanmark A/S'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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Topdanmark A/S Tax Rate % Chart

Topdanmark A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.19

22.64

22.14

22.07

26.12

Topdanmark A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															27.01	26.06	24.78	26.29	26.65

Topdanmark A/S Tax Rate % Calculation

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

Topdanmark A/S'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 )
	=	372	/	1424
	=	26.12 %

Topdanmark A/S's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	137	/	514
	=	26.65 %

Topdanmark A/S Tax Rate % Related Terms

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Topdanmark A/S (OCSE:TOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Topdanmark A/S (OCSE:TOP) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TPDKY:USA TOPc:UK 0QCQ:UK TQ71:Germany

Address

Borupvang 4, Ballerup, DNK, DK-2750

Website

https://www.topdanmark.com

Topdanmark A/S is a diversified insurance company that offers a variety of insurance products in Denmark. The company strives to maintain an expense ratio lower than the general market. Topdanmark offers life insurance, as well as non-life-insurance products that cover private households and small businesses. The company´s insurance business is segmented into three: Private offers non-life insurance policies to individual households in Denmark. This segment also includes illness and accident insurance offered through the life company; SME offers non-life insurance policies to Danish-based agricultural and SME businesses; Life offers products within life insurance and pension funds to both private and SME customers in Denmark.