Power Financial (TSX:PWF.PR.K.PFD) Tax Rate % : 6.85% (As of Sep. 2020)

View and export this data going back to 2005. Start your Free Trial

What is Power Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Power Financial's Tax Expense for the three months ended in Sep. 2020 was C$65.00 Mil. Power Financial's Pre-Tax Income for the three months ended in Sep. 2020 was C$949.00 Mil. Therefore, Power Financial's Tax Rate % for the quarter that ended in Sep. 2020 was 6.85%.

Power Financial Tax Rate % Historical Data

The historical data trend for Power 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.

* Premium members only.

Power Financial Tax Rate % Chart

Power Financial Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Tax Rate %

Get a 7-Day Free Trial

15.21

14.65

17.19

14.40

15.94

Power Financial Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Tax Rate %	Get a 7-Day Free Trial															10.06	23.97	6.12	11.56	6.85

Power Financial Tax Rate % Calculation

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

Power Financial's Tax Rate % for the fiscal year that ended in Dec. 2019 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2019 )	/	Pre-Tax Income (A: Dec. 2019 )
	=	601	/	3770
	=	15.94 %

Power Financial's Tax Rate % for the quarter that ended in Sep. 2020 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2020 )	/	Pre-Tax Income (Q: Sep. 2020 )
	=	65	/	949
	=	6.85 %

Power Financial Tax Rate % Related Terms

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

Power Financial (TSX:PWF.PR.K.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Power Financial Corp (TSX:PWF.PR.K.PFD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PWF.PR.Z.PFD:Canada PWF.PR.T.PFD:Canada PWF.PR.S.PFD:Canada PWF.PR.R.PFD:Canada PWF.PR.Q.PFD:Canada PWF.PR.P.PFD:Canada PWF.PR.O.PFD:Canada PWF.PR.L.PFD:Canada PWF.PR.H.PFD:Canada PWF.PR.G.PFD:Canada PWF.PR.F.PFD:Canada PWF.PR.E.PFD:Canada PWF.PR.A.PFD:Canada

Address

751 Victoria Square, Montreal, QC, CAN, H2Y 2J3

Website

https://www.powerfinancial.com

Power Financial Corp, a subsidiary of Power Corporation of Canada, is a diversified management and holding company with interests in the financial services industry through its controlling interests in Great-West Life and IGM Financial. It also has holdings in Pargesa, a diversified industrial group based in Europe. Its segments include Lifeco and IGM Financial and the GBL. The firm's holdings are leading insurance, retirement, wealth management, and investment businesses, including a portfolio of alternative asset investment platforms.

Power Financial (TSX:PWF.PR.K.PFD) Headlines

No Headlines