Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE) Tax Expense: €2,646 Mil (TTM As of Mar. 2026)


LTS:0KFE Munchener Ruckversicherungs-Gesellschaft AG LTS:0KFE
67 GF Score
Price €495.50
GF Value €562.61
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Munchener Ruckversicherungs-Gesellschaft AG Tax Expense?

Munchener Ruckversicherungs-Gesellschaft AG LTS:0KFE -1.22% 67 Tax Expense is €2,646 Mil as of Mar. 2026. GuruFocus rates LTS:0KFE with a GF Score™ of 67/100 and a GF Value™ of €562.61 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Munchener Ruckversicherungs-Gesellschaft AG's tax expense for the months ended in Mar. 2026 was €452 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was €2,646 Mil.


Munchener Ruckversicherungs-Gesellschaft AG  (LTS:0KFE) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Munchener Ruckversicherungs-Gesellschaft AG Tax Expense Related Terms


Munchener Ruckversicherungs-Gesellschaft AG Tax Expense Historical Data

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The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG's Tax Expense 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.

Munchener Ruckversicherungs-Gesellschaft AG Tax Expense Chart

Munchener Ruckversicherungs-Gesellschaft AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 552.00 1,324.00 936.00 2,100.00 2,507.00

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense 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 313.00 777.00 979.00 438.00 452.00
LTS:0KFE
67GF Score
Munchener Ruckversicherungs-Gesellschaft AG LTS:0KFE
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Munchener Ruckversicherungs-Gesellschaft AG Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,646 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of €2,646 Mil mean?
Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE) has a Tax Expense of €2,646 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors.
Is Munchener Ruckversicherungs-Gesellschaft AG's Tax Expense too high?
Munchener Ruckversicherungs-Gesellschaft AG's current Tax Expense is €2,646 Mil. Overall, Munchener Ruckversicherungs-Gesellschaft AG has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munchener Ruckversicherungs-Gesellschaft AG's Tax Expense compare to RGA and EG?
Munchener Ruckversicherungs-Gesellschaft AG's Tax Expense of €2,646 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for an Insurance company?
A good Tax Expense depends on the Insurance industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. Munchener Ruckversicherungs-Gesellschaft AG's current Tax Expense is €2,646 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munchener Ruckversicherungs-Gesellschaft AG stock overvalued right now?
Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE) is currently considered Modestly Undervalued. The stock's GF Value™ is €562.61, compared to a current price of €495.50 — trading 11.9% below its estimated fair value. The current Tax Expense is €2,646 Mil. Munchener Ruckversicherungs-Gesellschaft AG's overall GF Score™ is 67/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE), the current Tax Expense is €2,646 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE) Overvalued in 2026?

Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG stock appears to be undervalued. The current stock price of €495.50 is trading 11.9% below its estimated GF Value™ of €562.61. GuruFocus considers Munchener Ruckversicherungs-Gesellschaft AG to be Modestly Undervalued.

Key valuation signals for LTS:0KFE:

  • Tax Expense: €2,646 Mil
  • GF Value™: €562.61 vs. price of €495.50 (11.9% below fair value)
  • GF Score™: 67/100 with 1 warning sign

No single metric tells the full story. See the LTS:0KFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munchener Ruckversicherungs-Gesellschaft AG Business Description

Address Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focused on a few strong customers. Thieme focused on a broader set of cedents to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich Re introduced the first machinery insurance. After Thieme and Wilhelm von Fink founded Allianz, this was the main channel to sell machinery insurance. We believe the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.
67GF Score

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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€495.50
Price
€562.61
GF Value