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RenaissanceRe Holdings (RenaissanceRe Holdings) Net Margin % : 49.17% (As of Dec. 2023)


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What is RenaissanceRe Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. RenaissanceRe Holdings's Net Income for the three months ended in Dec. 2023 was $1,586 Mil. RenaissanceRe Holdings's Revenue for the three months ended in Dec. 2023 was $3,225 Mil. Therefore, RenaissanceRe Holdings's net margin for the quarter that ended in Dec. 2023 was 49.17%.

The historical rank and industry rank for RenaissanceRe Holdings's Net Margin % or its related term are showing as below:

RNR' s Net Margin % Range Over the Past 10 Years
Min: -21.02   Med: 16.36   Max: 43.17
Current: 28.17


RNR's Net Margin % is ranked better than
90.72% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs RNR: 28.17

RenaissanceRe Holdings Net Margin % Historical Data

The historical data trend for RenaissanceRe Holdings's Net Margin % 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.

RenaissanceRe Holdings Net Margin % Chart

RenaissanceRe Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.92 14.79 -0.76 -21.02 28.17

RenaissanceRe Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 22.60 26.09 10.83 11.11 49.17

Competitive Comparison of RenaissanceRe Holdings's Net Margin %

For the Insurance - Reinsurance subindustry, RenaissanceRe Holdings's Net Margin %, along with its competitors' market caps and Net Margin % 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.


RenaissanceRe Holdings's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, RenaissanceRe Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where RenaissanceRe Holdings's Net Margin % falls into.



RenaissanceRe Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

RenaissanceRe Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2561.132/9091.134
=28.17 %

RenaissanceRe Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1585.526/3224.888
=49.17 %

* 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.


RenaissanceRe Holdings  (NYSE:RNR) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


RenaissanceRe Holdings Net Margin % Related Terms

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


RenaissanceRe Holdings (RenaissanceRe Holdings) Business Description

Traded in Other Exchanges
Address
12 Crow Lane, Renaissance House, Pembroke, BMU, HM 19
RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company's core products include property, casualty, specialty reinsurance, and certain insurance products. Revenue is derived from three sources: net premiums earned from the insurance and insurance products sold; net investment income from the investment of capital funds and cash; and other income from the company's joint ventures, advisory services, and other items. The reportable segments of the company are the Property segment which includes catastrophe and other property reinsurance, and the Casualty and Specialty segment which is comprised of casualty and specialty reinsurance. It derives a majority of its revenue from the Casualty and specialty segment.
Executives
David E Marra officer: EVP,Chief Underwriting Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Robert Qutub officer: EVP, Chief Financial Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Kevin Odonnell officer: SVP--Property Catastrophe RENAISSANCE HOUSE, 8-12 EAST BROADWAY, PEMBROKE D0 HM19
Torsten Jeworrek director RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Carol P Sanders director PO BOX 2568, MADISON WI 53701-2568
Sean G Brosnan officer: SVP, Chief Investment Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Gray Brian Gerald John director 1081 NORTH WASEOSA LAKE ROAD, HUNTSVILLE A6 P1H 2J4
David C Bushnell director 11730 HULL STREET ROAD, MIDLOTHIAN VA 23112
Shyam H Gidumal director 2325 PALOS VERDES DRIVE WEST SUITE 211, PALOS VERDES ESTATES CA 90274
Henry Iii Klehm director RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM19
James Christopher Fraser officer: SVP, Chief Accounting Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Ross Curtis officer: SVP,Chief Underwriting Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Ian D Branagan officer: SVP, Chief Risk Officer RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM 19
Shannon Lowry Bender officer: SVP, General Counsel & Secty 12 CROW LANE, PEMBROKE D0 HM 19
Aditya Dutt officer: President, Ventures RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19