Donegal Group (Donegal Group) Gross-Profit-to-Asset % : 42.32% (As of Dec. 2023)

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What is Donegal Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Donegal Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was $957.9 Mil. Donegal Group's average Total Assets over the quarter that ended in Dec. 2023 was $2,263.3 Mil. Therefore, Donegal Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 42.32%.

Donegal Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Donegal Group's Gross-Profit-to-Asset % 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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Donegal Group Gross-Profit-to-Asset % Chart

Donegal Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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43.25

38.09

36.98

37.69

41.13

Donegal Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															39.76	40.14	41.14	42.32	42.30

Competitive Comparison of Donegal Group's Gross-Profit-to-Asset %

For the Insurance - Property & Casualty subindustry, Donegal Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Donegal Group's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Donegal Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Donegal Group's Gross-Profit-to-Asset % falls into.

Donegal Group Gross-Profit-to-Asset % Calculation

Donegal Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	927.338	/	( (2243.349	+	2266.294)	/ 2 )
	=	927.338	/	2254.8215
	=	41.13 %

Donegal Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	957.872	/	( (2260.277	+	2266.294)	/ 2 )
	=	957.872	/	2263.2855
	=	42.32 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Donegal Group Gross-Profit-to-Asset % Related Terms

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Donegal Group (Donegal Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Donegal Group Inc (NAS:DGICB) » Definitions » Gross-Profit-to-Asset %

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Traded in Other Exchanges

DGICA:USA

Address

1195 River Road, P.O. Box 302, Marietta, PA, USA, 17547-0302

Website

https://www.donegalgroup.com

Donegal Group Inc is an insurance holding company that offers personal and commercial lines of property and casualty insurance to businesses and individuals. The company's reportable segments are its Investment function, Personal lines of insurance, Commercial lines of insurance. Personal lines products consist primarily of homeowners and private passenger automobile policies. The Commercial lines products of its insurance subsidiaries consist primarily of commercial automobile, commercial multi-peril, and workers' compensation policies. The group primarily operates in the United States.