TNXXF (Talanx AG) Tax Rate % : 42.42% (As of Dec. 2024)

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What is Talanx AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Talanx AG's Tax Expense for the three months ended in Dec. 2024 was $525 Mil. Talanx AG's Pre-Tax Income for the three months ended in Dec. 2024 was $1,237 Mil. Therefore, Talanx AG's Tax Rate % for the quarter that ended in Dec. 2024 was 42.42%.

Talanx AG Tax Rate % Historical Data

The historical data trend for Talanx AG'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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Talanx AG Tax Rate % Chart

Talanx AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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19.14

24.06

27.78

10.22

29.91

Talanx AG 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															-102.45	28.34	20.58	35.91	42.42

Talanx AG Tax Rate % Calculation

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

Talanx AG'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 )
	=	1468.063	/	4908.901
	=	29.91 %

Talanx AG'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 )
	=	524.607	/	1236.649
	=	42.42 %

Talanx AG Tax Rate % Related Terms

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Talanx AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Talanx AG (OTCPK:TNXXF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

0QA8:UK TLXd:UK TLXC:Germany TLX:Germany TLX:Germany TLX:Germany TLX:Germany TLX:Austria

Address

HDI-Platz 1, Hannover, NI, DEU, 30659

Website

https://www.talanx.com

Talanx is the third-largest insurer in Germany. It sells insurance to businesses, individuals, and also reinsures other insurers. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry as a result of a growing dissatisfaction with providers of insurance. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual. HDI started providing reinsurance services in the mid-1920s, and individual insurance in the 1950s. HDI owns three quarters of the Talanx share capital.