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Hamilton Insurance Group (Hamilton Insurance Group) Gross-Profit-to-Asset % : 38.26% (As of Mar. 2024)


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What is Hamilton Insurance Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Hamilton Insurance Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was $2,682 Mil. Hamilton Insurance Group's average Total Assets over the quarter that ended in Mar. 2024 was $7,010 Mil. Therefore, Hamilton Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 38.26%.

Hamilton Insurance Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Hamilton Insurance Group's Gross-Profit-to-Asset % 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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Hamilton Insurance Group Gross-Profit-to-Asset % Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23
Gross-Profit-to-Asset %
- 23.81 22.41 25.91

Hamilton Insurance Group Quarterly Data
Nov20 Nov21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.44 23.86 25.48 30.73 38.26

Competitive Comparison of Hamilton Insurance Group's Gross-Profit-to-Asset %

For the Insurance - Reinsurance subindustry, Hamilton Insurance Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Hamilton Insurance Group's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hamilton Insurance Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hamilton Insurance Group's Gross-Profit-to-Asset % falls into.


Hamilton Insurance Group Gross-Profit-to-Asset % Calculation

Hamilton Insurance Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1617.883/( (5818.965+6671.355)/ 2 )
=1617.883/6245.16
=25.91 %

Hamilton Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=2682.38/( (6671.355+7349.025)/ 2 )
=2682.38/7010.19
=38.26 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Hamilton Insurance Group Gross-Profit-to-Asset % Related Terms

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Hamilton Insurance Group (Hamilton Insurance Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hamilton Insurance Group Ltd (NYSE:HG) » Definitions » Gross-Profit-to-Asset %
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QN0:Germany
Address
90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Website
https://www.hamiltongroup.com
Hamilton Insurance Group Ltd is a Global specialty insurance and reinsurance company. It operates globally, with underwriting operations in Lloyd's, Ireland, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select and Hamilton Re) that are categorized into two reporting business segments (International and Bermuda).