Great-West Lifeco (Great-West Lifeco) Net Margin %

: 5.07% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Great-West Lifeco's Net Income for the three months ended in Dec. 2023 was $669 Mil. Great-West Lifeco's Revenue for the three months ended in Dec. 2023 was $13,178 Mil. Therefore, Great-West Lifeco's net margin for the quarter that ended in Dec. 2023 was 5.07%.

The historical rank and industry rank for Great-West Lifeco's Net Margin % or its related term are showing as below:

GWLIF' s Net Margin % Range Over the Past 10 Years
Min: -27.59 Med: 5.77 Max: 11.84
Current: 11.01

GWLIF's Net Margin % is ranked better than
66.39% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs GWLIF: 11.01

Great-West Lifeco Net Margin % Historical Data

The historical data trend for Great-West Lifeco'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.

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Great-West Lifeco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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5.57

5.08

5.06

-27.59

11.84

Great-West Lifeco 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															111.18	7.45	62.84	382.45	5.07

Competitive Comparison

For the Insurance - Life subindustry, Great-West Lifeco'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.

Great-West Lifeco Net Margin % Distribution

For the Insurance industry and Financial Services sector, Great-West Lifeco's Net Margin % distribution charts can be found below:

* The bar in red indicates where Great-West Lifeco's Net Margin % falls into.

Great-West Lifeco 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.

Great-West Lifeco'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 )
	=	2230.173	/	18834.228
	=	11.84 %

Great-West Lifeco'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 )
	=	668.605	/	13178.295
	=	5.07 %

Great-West Lifeco (OTCPK:GWLIF) 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.

Great-West Lifeco Net Margin % Related Terms

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

Great-West Lifeco (Great-West Lifeco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Great-West Lifeco Inc (OTCPK:GWLIF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

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Address

100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3

Website

https://www.greatwestlifeco.com

Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.