GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Employers Holdings Inc (FRA:YGB) » Definitions » Tax Rate %

Employers Holdings (FRA:YGB) Tax Rate % : 19.83% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Employers Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Employers Holdings's Tax Expense for the three months ended in Mar. 2024 was €6.4 Mil. Employers Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was €32.5 Mil. Therefore, Employers Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 19.83%.


Employers Holdings Tax Rate % Historical Data

The historical data trend for Employers Holdings'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.

Employers Holdings Tax Rate % Chart

Employers Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.94 18.89 18.84 13.26 20.42

Employers Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.62 20.32 19.54 21.51 19.83

Employers Holdings Tax Rate % Calculation

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

Employers Holdings'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 )
=27.785/136.083
=20.42 %

Employers Holdings's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=6.44/32.476
=19.83 %

* 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.


Employers Holdings Tax Rate % Related Terms

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


Employers Holdings (FRA:YGB) Business Description

Traded in Other Exchanges
Address
10375 Professional Circle, Reno, NV, USA, 89521
Employers Holdings Inc provides workers' compensation insurance, primarily to small businesses in low- to medium hazard industries. Its customers are employers, and the insurance premiums that those employers pay account for more than 90% of total company revenue. Substantially all of the remaining revenue is generated through investments. The company operates exclusively in the United States, and it generates more than half of its business in California. By industry, the company has the most exposure to restaurants, which account for roughly a fourth of the total premiums the company earns.

Employers Holdings (FRA:YGB) Headlines

No Headlines