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American Equity Investment Life Holding Co (FRA:AM5) Tax Rate % : 21.39% (As of Mar. 2024)


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What is American Equity Investment Life Holding Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. American Equity Investment Life Holding Co's Tax Expense for the three months ended in Mar. 2024 was €86 Mil. American Equity Investment Life Holding Co's Pre-Tax Income for the three months ended in Mar. 2024 was €401 Mil. Therefore, American Equity Investment Life Holding Co's Tax Rate % for the quarter that ended in Mar. 2024 was 21.39%.


American Equity Investment Life Holding Co Tax Rate % Historical Data

The historical data trend for American Equity Investment Life Holding Co'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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American Equity Investment Life Holding Co Tax Rate % Chart

American Equity Investment Life Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.02 17.71 21.31 21.02 28.66

American Equity Investment Life Holding Co 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 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 18.76 21.22 21.92 18.93 21.39

American Equity Investment Life Holding Co Tax Rate % Calculation

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

American Equity Investment Life Holding Co'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 )
=78.067/272.397
=28.66 %

American Equity Investment Life Holding Co'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 )
=85.786/401.02
=21.39 %

* 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.


American Equity Investment Life Holding Co Tax Rate % Related Terms

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American Equity Investment Life Holding Co (FRA:AM5) Business Description

Traded in Other Exchanges
Address
6000 Westown Parkway, West Des Moines, IA, USA, 50266
American Equity Investment Life Holding Co is a financial services company. Its core business is selling fixed-index and fixed-rate annuity products through its subsidiaries, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The company is licensed to sell its products in 50 states and the District of Columbia. Its targeted clients are individuals aged 45-75 who are interested in accumulating tax-deferred savings or creating guaranteed lifetime income.

American Equity Investment Life Holding Co (FRA:AM5) Headlines

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