GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Reinsurance Group of America Inc (FRA:RGPB) » Definitions » Pretax Margin %

Reinsurance Group of America (FRA:RGPB) Pretax Margin % : 4.30% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Reinsurance Group of America Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Reinsurance Group of America's Pre-Tax Income for the three months ended in Mar. 2024 was €250 Mil. Reinsurance Group of America's Revenue for the three months ended in Mar. 2024 was €5,824 Mil. Therefore, Reinsurance Group of America's pretax margin for the quarter that ended in Mar. 2024 was 4.30%.

The historical rank and industry rank for Reinsurance Group of America's Pretax Margin % or its related term are showing as below:

FRA:RGPB' s Pretax Margin % Range Over the Past 10 Years
Min: 3.8   Med: 7.57   Max: 9.25
Current: 5.28


FRA:RGPB's Pretax Margin % is ranked worse than
72.07% of 487 companies
in the Insurance industry
Industry Median: 10.14 vs FRA:RGPB: 5.28

Reinsurance Group of America Pretax Margin % Historical Data

The historical data trend for Reinsurance Group of America's Pretax 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.

Reinsurance Group of America Pretax Margin % Chart

Reinsurance Group of America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 3.80 8.61 4.53 6.33

Reinsurance Group of America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax 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 8.36 6.41 7.43 3.35 4.30

Competitive Comparison of Reinsurance Group of America's Pretax Margin %

For the Insurance - Reinsurance subindustry, Reinsurance Group of America's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Reinsurance Group of America's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Reinsurance Group of America's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Reinsurance Group of America's Pretax Margin % falls into.



Reinsurance Group of America Pretax Margin % Calculation

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

Reinsurance Group of America's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1063.72/16815.946
=6.33 %

Reinsurance Group of America's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=250.24/5823.6
=4.30 %

* 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.


Reinsurance Group of America  (FRA:RGPB) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Reinsurance Group of America Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Reinsurance Group of America's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Reinsurance Group of America (FRA:RGPB) Business Description

Traded in Other Exchanges
Address
16600 Swingley Ridge Road, Chesterfield, MO, USA, 63017
Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.

Reinsurance Group of America (FRA:RGPB) Headlines

No Headlines