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Legal & General Group (Legal & General Group) Pretax Margin % : -0.94% (As of Dec. 2023)


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What is Legal & General Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Legal & General Group's Pre-Tax Income for the six months ended in Dec. 2023 was $-314 Mil. Legal & General Group's Revenue for the six months ended in Dec. 2023 was $33,568 Mil. Therefore, Legal & General Group's pretax margin for the quarter that ended in Dec. 2023 was -0.94%.

The historical rank and industry rank for Legal & General Group's Pretax Margin % or its related term are showing as below:

LGGNY' s Pretax Margin % Range Over the Past 10 Years
Min: -0.91   Med: 2.99   Max: 235.37
Current: 0.21

LGGNY's Pretax Margin % is ranked worse than
84.58% of 1667 companies
in the Asset Management industry
Industry Median: 89.59 vs LGGNY: 0.21

Legal & General Group Pretax Margin % Historical Data

The historical data trend for Legal & General Group'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.

Legal & General Group Pretax Margin % Chart

Legal & General Group 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 3.12 2.85 5.47 -0.91 0.21

Legal & General Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.82 -0.96 -0.76 3.26 -0.94

Competitive Comparison of Legal & General Group's Pretax Margin %

For the Asset Management subindustry, Legal & General Group'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.

Legal & General Group's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legal & General Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Legal & General Group's Pretax Margin % falls into.


Legal & General Group 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.

Legal & General Group'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 )
=96.203/46130.38
=0.21 %

Legal & General Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-313.924/33568.354
=-0.94 %

* 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.

Legal & General Group  (OTCPK:LGGNY) 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.

Legal & General Group Pretax Margin % Related Terms

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Legal & General Group (Legal & General Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legal & General Group PLC (OTCPK:LGGNY) » Definitions » Pretax Margin %
Comparable Companies
LSE:SMT LSE:ICG LSE:SDR LSE:FCIT LSE:MNG LSE:HL. LSE:PCT LSE:ATST LSE:UKW LSE:3IN BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
LGGNF:USA LGENl:UK LGEN:UK LGI:Germany
Address
One Coleman Street, London, GBR, EC2R 5AA
Website
https://www.legalandgeneralgroup.com
Legal & General Group PLC operates across four broad business areas of retirement, investment management, capital investment, and insurance. The retirement business provides provide guaranteed retirement income for corporate pension scheme members. Investment Management business provides investment management services for both individuals and corporations, including managing pension funds. Capital investment use customers' pension assets, as well as the group's shareholder capital, to make long-term investments in assets such as clean energy, housing, and SME finance. The Insurance business provides various types of insurance, including life and disability insurance. The company has a global presence but most of its assets under management are derived from the United Kingdom and Europe.