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Insurance Australia Group (Insurance Australia Group) Pretax Margin % : 9.30% (As of Dec. 2023)


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What is Insurance Australia Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Insurance Australia Group's Pre-Tax Income for the six months ended in Dec. 2023 was $438 Mil. Insurance Australia Group's Revenue for the six months ended in Dec. 2023 was $4,705 Mil. Therefore, Insurance Australia Group's pretax margin for the quarter that ended in Dec. 2023 was 9.30%.

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

IAUGY' s Pretax Margin % Range Over the Past 10 Years
Min: -4.23   Med: 11.7   Max: 18.48
Current: 10.26


IAUGY's Pretax Margin % is ranked better than
51.34% of 485 companies
in the Insurance industry
Industry Median: 9.87 vs IAUGY: 10.26

Insurance Australia Group Pretax Margin % Historical Data

The historical data trend for Insurance Australia 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.

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Insurance Australia Group Pretax Margin % Chart

Insurance Australia Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.70 6.03 -4.23 6.35 13.26

Insurance Australia 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 6.84 5.94 15.73 11.41 9.30

Competitive Comparison of Insurance Australia Group's Pretax Margin %

For the Insurance - Property & Casualty subindustry, Insurance Australia 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.


Insurance Australia Group's Pretax Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Insurance Australia Group's Pretax Margin % falls into.



Insurance Australia 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.

Insurance Australia Group's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=908.725/6853.691
=13.26 %

Insurance Australia 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 )
=437.751/4704.819
=9.30 %

* 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.


Insurance Australia Group  (OTCPK:IAUGY) 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.


Insurance Australia Group Pretax Margin % Related Terms

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Insurance Australia Group (Insurance Australia Group) Business Description

Address
Darling Park, 201 Sussex Street, Level 13, Tower Two, Sydney, NSW, AUS, 2000
Insurance Australia Group is the biggest domestic general insurer by gross written premium operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third-party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia, and NZI, State, AMI, and Lumley in New Zealand.