Ageas/ NV (Ageas/ NV) Net Margin % : 8.13% (As of Dec. 2023)

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What is Ageas/ NV Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ageas/ NV's Net Income for the six months ended in Dec. 2023 was $460 Mil. Ageas/ NV's Revenue for the six months ended in Dec. 2023 was $5,658 Mil. Therefore, Ageas/ NV's net margin for the quarter that ended in Dec. 2023 was 8.13%.

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

AGESY' s Net Margin % Range Over the Past 10 Years
Min: 0.21 Med: 6.73 Max: 22.42
Current: 9.68

AGESY's Net Margin % is ranked better than
61.44% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs AGESY: 9.68

Ageas/ NV Net Margin % Historical Data

The historical data trend for Ageas/ NV'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.

Ageas/ NV Net Margin % Chart

Ageas/ NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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6.90

9.81

6.55

22.42

9.68

Ageas/ NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial															6.60	53.84	12.52	11.39	8.13

Competitive Comparison of Ageas/ NV's Net Margin %

For the Insurance - Diversified subindustry, Ageas/ NV'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.

Ageas/ NV's Net Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Ageas/ NV's Net Margin % falls into.

Ageas/ NV 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.

Ageas/ NV'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 )
	=	1039.258	/	10740.458
	=	9.68 %

Ageas/ NV'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 )
	=	460.196	/	5657.579
	=	8.13 %

Ageas/ NV (OTCPK:AGESY) 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.

Ageas/ NV Net Margin % Related Terms

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

Ageas/ NV (Ageas/ NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ageas SA/ NV (OTCPK:AGESY) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

AGS:Mexico AGS:Italy AGSb:UK 0Q99:UK FO4N:Germany AGS:Belgium AGS:Austria

Address

Rue du Marquis 1/Markiesstraat 1, Box 7, Brussels, BEL, 1000

Website

https://www.ageas.com

Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralised debt. As Fortis' capital began to decline, the company initiated a rights issue and the long-held promised dividend was suspended. As Fortis' share price began to decline and financial market conditions continued to worsen, with a series of leadership changes customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgium government, and BNP Paribas and was asked to spin off its insurance and asset management divisions.

Ageas/ NV (Ageas/ NV) Headlines

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