iA Financial (TSX:IAG) Tax Expense: C$287 Mil (TTM As of Mar. 2026)


TSX:IAG iA Financial Corp Inc TSX:IAG
61 GF Score
Price C$203.87
GF Value C$136.39
Valuation Significantly Overvalued
! 8 Warning Signs
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What is iA Financial Tax Expense?

iA Financial TSX:IAG +2.15% 61 Tax Expense is C$287 Mil as of Mar. 2026. GuruFocus rates TSX:IAG with a GF Score™ of 61/100 and a GF Value™ of C$136.39 (Significantly Overvalued). The stock has 8 warning signs investors should review.

iA Financial's tax expense for the months ended in Mar. 2026 was C$101 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$287 Mil.


iA Financial  (TSX:IAG) 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.


iA Financial Tax Expense Related Terms


iA Financial Tax Expense Historical Data

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The historical data trend for iA Financial'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.

iA Financial Tax Expense Chart

iA Financial 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 259.00 15.00 212.00 267.00 232.00

iA Financial 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 46.00 43.00 107.00 36.00 101.00
TSX:IAG
61GF Score
iA Financial Corp Inc TSX:IAG
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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iA Financial 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 C$287 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 C$287 Mil mean?
iA Financial (TSX:IAG) has a Tax Expense of C$287 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on iA Financial and its competitors.
Is iA Financial's Tax Expense too high?
iA Financial's current Tax Expense is C$287 Mil. Overall, iA Financial has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does iA Financial's Tax Expense compare to BRK.A and AIG?
iA Financial's Tax Expense of C$287 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 iA Financial and its competitors. iA Financial's current Tax Expense is C$287 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iA Financial stock overvalued right now?
Based on GuruFocus' analysis, iA Financial (TSX:IAG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$136.39, compared to a current price of C$203.87 — trading 49.5% above its estimated fair value. The current Tax Expense is C$287 Mil. iA Financial's overall GF Score™ is 61/100 with 8 warning signs 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 iA Financial (TSX:IAG), the current Tax Expense is C$287 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 iA Financial (TSX:IAG) Overvalued in 2026?

Based on GuruFocus' analysis, iA Financial stock appears to be overvalued. The current stock price of C$203.87 is trading 49.5% above its estimated GF Value™ of C$136.39. GuruFocus considers iA Financial to be Significantly Overvalued.

Key valuation signals for TSX:IAG:

  • Tax Expense: C$287 Mil
  • GF Value™: C$136.39 vs. price of C$203.87 (49.5% above fair value)
  • GF Score™: 61/100 with 8 warning signs

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


iA Financial Business Description

Other Exchanges IAFNF:USA1OD:Germany
Address 1080 Grande Allee West, Quebec, QC, CAN, G1S 1C7
iA Financial Corp Inc is an insurance and wealth management group based in Canada. It offers various life and health insurance products, savings and retirement plans, mutual funds, securities, loans, auto and home insurance, creditor insurance, replacement insurance, replacement warranties, extended warranties, and other ancillary products for dealer services and other financial products and services. The company's products and services are offered on both an individual and group basis and extend throughout Canada and the United States. Its operating segments are: Insurance, Canada; Wealth Management; U.S. Operations; Investment; and Corporate. Maximum revenue is generated from the Insurance, Canada segment.
61GF Score

Get the complete analysis for TSX:IAG

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

C$203.87
Price
C$136.39
GF Value