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Malath Cooperative Insurance Co (SAU:8020) Pretax Margin % : 6.74% (As of Mar. 2024)


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What is Malath Cooperative Insurance Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Malath Cooperative Insurance Co's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼14.4 Mil. Malath Cooperative Insurance Co's Revenue for the three months ended in Mar. 2024 was ﷼213.9 Mil. Therefore, Malath Cooperative Insurance Co's pretax margin for the quarter that ended in Mar. 2024 was 6.74%.

The historical rank and industry rank for Malath Cooperative Insurance Co's Pretax Margin % or its related term are showing as below:

SAU:8020' s Pretax Margin % Range Over the Past 10 Years
Min: -8.9   Med: 0.69   Max: 5.8
Current: 5.8


SAU:8020's Pretax Margin % is ranked worse than
69.4% of 487 companies
in the Insurance industry
Industry Median: 10.14 vs SAU:8020: 5.80

Malath Cooperative Insurance Co Pretax Margin % Historical Data

The historical data trend for Malath Cooperative Insurance Co'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.

Malath Cooperative Insurance Co Pretax Margin % Chart

Malath Cooperative Insurance Co 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 2.72 2.93 -8.90 -3.31 5.06

Malath Cooperative Insurance Co 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 19.11 5.12 -10.94 4.29 6.74

Competitive Comparison of Malath Cooperative Insurance Co's Pretax Margin %

For the Insurance - Property & Casualty subindustry, Malath Cooperative Insurance Co'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.


Malath Cooperative Insurance Co's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Malath Cooperative Insurance Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Malath Cooperative Insurance Co's Pretax Margin % falls into.



Malath Cooperative Insurance Co 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.

Malath Cooperative Insurance Co'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 )
=47.188/933.12
=5.06 %

Malath Cooperative Insurance Co'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 )
=14.409/213.93
=6.74 %

* 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.


Malath Cooperative Insurance Co  (SAU:8020) 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.


Malath Cooperative Insurance Co Pretax Margin % Related Terms

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Malath Cooperative Insurance Co (SAU:8020) Business Description

Traded in Other Exchanges
N/A
Address
Mohammad Bin Abdelaziz Street, P.O. Box 99763, Riyadh, SAU, 11625
Malath Cooperative Insurance Co is engaged in providing insurance and related services products. Its insurance products and reportable segment include Medical, Motor, Fire and burglary, Marine, Public liability, Engineering, General accident and others. Geographically, the group operates only in the Kingdom of Saudi Arabia, and derives prime revenue from the Medical insurance segment. Medical insurance provides health care cover to policyholders. The company offers insurance services to individuals, corporates, and small and medium enterprises.

Malath Cooperative Insurance Co (SAU:8020) Headlines

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