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

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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$131.00 Mil. Great-West Lifeco's Pre-Tax Income for the three months ended in Sep. 2024 was C$1,021.00 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.

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Great-West Lifeco Tax Rate % Chart

Great-West Lifeco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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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

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Great-West Lifeco Business Description

Industry

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

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GWLIF:USA 0AH3:UK GWS:Germany 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 GWO: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.

Great-West Lifeco Headlines

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