Sun Life Financial (TSX:SLF.PR.E.PFD) Tax Rate % : -11.05% (As of Dec. 2023)

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What is Sun Life Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sun Life Financial's Tax Expense for the three months ended in Dec. 2023 was C$-87.00 Mil. Sun Life Financial's Pre-Tax Income for the three months ended in Dec. 2023 was C$787.00 Mil. Therefore, Sun Life Financial's Tax Rate % for the quarter that ended in Dec. 2023 was -11.05%.

Sun Life Financial Tax Rate % Historical Data

The historical data trend for Sun Life 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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Sun Life Financial Tax Rate % Chart

Sun Life Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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8.85

15.06

14.26

15.06

11.73

Sun Life Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-5.74	16.16	14.65	20.66	-11.05

Sun Life Financial Tax Rate % Calculation

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

Sun Life Financial'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 )
	=	461	/	3930
	=	11.73 %

Sun Life Financial's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	-87	/	787
	=	-11.05 %

Sun Life Financial Tax Rate % Related Terms

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Sun Life Financial (TSX:SLF.PR.E.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sun Life Financial Inc (TSX:SLF.PR.E.PFD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SUNFF.PFD:USA SLF:USA SLF:Philippines LIE:Germany SLF.PR.K.PFD:Canada SLF.PR.J.PFD:Canada SLF.PR.H.PFD:Canada SLF.PR.G.PFD:Canada SLF.PR.D.PFD:Canada SLF.PR.C.PFD:Canada SLF:Canada

Address

1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6

Website

https://www.sunlife.com

Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.

Sun Life Financial (TSX:SLF.PR.E.PFD) Headlines

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