E-L Financial (TSX:ELF) Tax Rate % : 11.00% (As of Dec. 2024)

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What is E-L Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. E-L Financial's Tax Expense for the three months ended in Dec. 2024 was C$39 Mil. E-L Financial's Pre-Tax Income for the three months ended in Dec. 2024 was C$358 Mil. Therefore, E-L Financial's Tax Rate % for the quarter that ended in Dec. 2024 was 11.00%.

E-L Financial Tax Rate % Historical Data

The historical data trend for E-L Financial'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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E-L Financial Tax Rate % Chart

E-L Financial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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15.41

14.38

14.76

14.07

15.35

E-L Financial 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															13.85	14.50	14.86	18.85	11.00

E-L Financial Tax Rate % Calculation

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

E-L Financial'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 )
	=	317.509	/	2068.946
	=	15.35 %

E-L Financial'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 )
	=	39.422	/	358.349
	=	11.00 %

E-L Financial Tax Rate % Related Terms

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E-L Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » E-L Financial Corp Ltd (TSX:ELF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ELFIF:USA ELF.PR.H.PFD:Canada ELF.PR.G.PFD:Canada ELF.PR.F.PFD:Canada

Address

165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8

Website

https://www.e-lfinancial.ca

E-L Financial Corp Ltd operates as an investment and insurance holding company that provides a broad range of wealth management products, individual insurance products, group plans, and financial services to meet the needs of individuals, professionals, and businesses. The firm has two segments; The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products, and the E-L Corporate segment operations include the oversight of investments in equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.

Executives

E-l Financial Corporation Limited	Issuer
Margaret Kimberley Shannon	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Canadian & Foreign Securities Co. Limited	10% Security Holder
Duncan Newton Rowell Jackman	Director, Senior Officer
Mark Mathwin Taylor	Director
Clive Rowe	Director
Maria Victoria Duncan Jackman	Deemed Insider - 6 Months before becoming Insider