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DGICB (Donegal Group) Tax Rate % : 19.09% (As of Dec. 2024)


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What is Donegal Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Donegal Group's Tax Expense for the three months ended in Dec. 2024 was $5.7 Mil. Donegal Group's Pre-Tax Income for the three months ended in Dec. 2024 was $29.7 Mil. Therefore, Donegal Group's Tax Rate % for the quarter that ended in Dec. 2024 was 19.09%.

Donegal Group Tax Rate % Historical Data

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

Donegal Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.53 16.76 46.15 12.60 18.41

Donegal Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 20.59 17.84 17.16 17.93 19.09

Donegal Group Tax Rate % Calculation

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

Donegal Group's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=11.477/62.339
=18.41 %

Donegal Group's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=5.664/29.667
=19.09 %

* 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.

Donegal Group Tax Rate % Related Terms

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Donegal Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Donegal Group Inc (NAS:DGICB) » Definitions » Tax Rate %
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Traded in Other Exchanges
DGICA:USA
Address
1195 River Road, P.O. Box 302, Marietta, PA, USA, 17547-0302
Website
https://www.donegalgroup.com
Donegal Group Inc is an insurance holding company that offers businesses and individuals personal and commercial lines of property and casualty insurance. The company's reportable segments are its Investment function, Personal lines of insurance, and Commercial lines of insurance. Personal lines products consist mainly of homeowners and private passenger automobile policies. The Commercial lines products of its insurance subsidiaries consist mainly of commercial automobile, commercial multi-peril, and workers' compensation policies. The group mainly operates in the United States.