Vericity (STU:2TE) Tax Rate % : 11.04% (As of Mar. 2024)

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What is Vericity Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vericity's Tax Expense for the three months ended in Mar. 2024 was €-0.6 Mil. Vericity's Pre-Tax Income for the three months ended in Mar. 2024 was €-5.7 Mil. Therefore, Vericity's Tax Rate % for the quarter that ended in Mar. 2024 was 11.04%.

Vericity Tax Rate % Historical Data

The historical data trend for Vericity'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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Vericity Tax Rate % Chart

Vericity Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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4.32

8.33

2.22

9.34

8.83

Vericity 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															-1.38	27.82	16.81	6.38	11.04

Vericity Tax Rate % Calculation

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

Vericity'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 )
	=	-0.879	/	-9.951
	=	8.83 %

Vericity'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 )
	=	-0.631	/	-5.715
	=	11.04 %

Vericity Tax Rate % Related Terms

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Vericity (STU:2TE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Vericity Inc (STU:2TE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

VERY:USA

Address

1350 E Touhy Avenue, Suite 205W, Des Plaines, IL, USA, 60018

Website

https://www.vericity.com

Vericity Inc, along with its subsidiaries, offers life insurance products to the middle American market. It operates through three segments namely Agency, Insurance, and Corporate. The Agency segment includes the insurance distribution operations of the company and includes commission revenue from the sale of Fidelity Life products. The Insurance segment, which is the key revenue generating segment, is composed of three broad lines consisting of Direct Life, Closed Block, and Assumed Life and Annuities.

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