Great-West Lifeco (TSX:GWO) Tax Rate % : 12.83% (As of Sep. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Great-West Lifeco Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Great-West Lifeco's Tax Expense for the three months ended in Sep. 2024 was C$131 Mil. Great-West Lifeco's Pre-Tax Income for the three months ended in Sep. 2024 was C$1,021 Mil. Therefore, Great-West Lifeco's Tax Rate % for the quarter that ended in Sep. 2024 was 12.83%.

Great-West Lifeco Tax Rate % Historical Data

The historical data trend for Great-West Lifeco'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.

* Premium members only.

Great-West Lifeco Tax Rate % Chart

Great-West Lifeco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

12.95

-2.67

7.86

9.69

1.73

Great-West Lifeco Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															12.18	-28.01	13.43	17.43	12.83

Great-West Lifeco Tax Rate % Calculation

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

Great-West Lifeco'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 )
	=	53	/	3068
	=	1.73 %

Great-West Lifeco's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	131	/	1021
	=	12.83 %

Great-West Lifeco Tax Rate % Related Terms

Thank you for viewing the detailed overview of Great-West Lifeco's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Great-West Lifeco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Great-West Lifeco Inc (TSX:GWO) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GWLIF:USA 0AH3:UK GWS:Germany GWO.PR.T.PFD:Canada GWO.PR.S.PFD:Canada GWO.PR.R.PFD:Canada GWO.PR.Q.PFD:Canada GWO.PR.P.PFD:Canada GWO.PR.N.PFD:Canada GWO.PR.M.PFD:Canada GWO.PR.L.PFD:Canada GWO.PR.I.PFD:Canada GWO.PR.H.PFD:Canada GWO.PR.G.PFD:Canada

Address

100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3

Website

https://www.greatwestlifeco.com

Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 31% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 26%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the UK, Ireland, and Germany. The Europe segment contributed around 21% of adjusted earnings and the reinsurance business accounts for around 22% of adjusted earnings.

Executives

Richard Henry Linton	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Bradley John Fedorchuk	Senior Officer
Sharon Cecilia Geraghty	Senior Officer
Linda Kerrigan	Senior Officer
Christine Marie Moritz	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Dervla Mary Tomlin	Senior Officer
Arshil Jamal	Senior Officer
Paul Mahon	Director, Senior Officer
Charles Donald Harvey Henaire	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Jeffrey Frederick Macoun	Senior Officer
Garry Macnicholas	Senior Officer
Edmund Francis Murphy	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
L.p. Great-west Lifeco U.s. Holdings	Subsidiary
David Martin Harney	Senior Officer
James Mahase Singh	Director

Great-West Lifeco Headlines

No Headlines