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Intact Financial (TSX:IFC) Tax Rate % : 20.41% (As of Dec. 2024)


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What is Intact Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Intact Financial's Tax Expense for the three months ended in Dec. 2024 was C$171 Mil. Intact Financial's Pre-Tax Income for the three months ended in Dec. 2024 was C$838 Mil. Therefore, Intact Financial's Tax Rate % for the quarter that ended in Dec. 2024 was 20.41%.


Intact Financial Tax Rate % Historical Data

The historical data trend for Intact 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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Intact Financial Tax Rate % Chart

Intact Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.38 18.69 18.52 26.22 19.74

Intact 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.85 18.92 22.73 7.42 20.41

Intact Financial Tax Rate % Calculation

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

Intact 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 )
=568/2878
=19.74 %

Intact 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 )
=171/838
=20.41 %

* 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.


Intact Financial Tax Rate % Related Terms

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Intact Financial Business Description

Address
700 University Avenue, Suite 1500-A, Toronto, ON, CAN, M5G 0A1
Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. The majority of the company's direct premiums are written in the personal automotive space. Intact directly manages its investments through its subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities. Its asset mix is designed to generate interest and dividend income. The company has three reportable segments Canada, UK & International, and U.S.
Executives
Darren Christopher Godfrey Senior Officer
Frédéric Cotnoir Senior Officer
Timothy Michael Miller Senior Officer
Charles Brindamour Senior Officer
Marie-lucie Paradis Senior Officer
Louis Gagnon Senior Officer
Louis Marcotte Senior Officer
Stephani Kingsmill Director
Werner Muehlemann Senior Officer
Michael Katchen Director
Benoit Morissette Senior Officer
Lucie Martel Senior Officer
Anne Fortin Senior Officer
Frederick Glenn Ian Singer Director
Mark Alan Tullis Senior Officer

Intact Financial Headlines

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