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EMC Insurance Group (EMC Insurance Group) Gross-Profit-to-Asset % : 42.35% (As of Jun. 2019)


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What is EMC 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. EMC Insurance Group's annualized Gross Profit for the quarter that ended in Jun. 2019 was $747.6 Mil. EMC Insurance Group's average Total Assets over the quarter that ended in Jun. 2019 was $1,765.2 Mil. Therefore, EMC Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2019 was 42.35%.


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

The historical data trend for EMC 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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EMC Insurance Group Gross-Profit-to-Asset % Chart

EMC Insurance Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.39 41.12 41.59 40.60 39.24

EMC Insurance Group Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Gross-Profit-to-Asset % 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 40.10 45.02 33.45 47.67 42.35

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

For the Insurance - Property & Casualty subindustry, EMC 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.


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

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

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



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

EMC Insurance Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2018 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=660.727/( (1681.94+1685.478)/ 2 )
=660.727/1683.709
=39.24 %

EMC Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2019 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2019 )/( (Total Assets (Q: Mar. 2019 )+Total Assets (Q: Jun. 2019 ))/ count )
=747.596/( (1742.227+1788.151)/ 2 )
=747.596/1765.189
=42.35 %

* 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 (Jun. 2019) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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

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EMC Insurance Group (EMC Insurance Group) Business Description

Traded in Other Exchanges
N/A
Address
717 Mulberry Street, Des Moines, IA, USA, 50309
EMC Insurance Group Inc is a United States based insurance provider that focusses on non-life insurance products. It derives significant revenues from its property and casualty insurance products, which it sells through its subsidiaries company. Its secondary source of revenue is its reinsurance segment. The group manages its reinsurance business through its subsidiary, EMC Reinsurance company, which sells commercial lines of property and casualty insurance products to small and medium-sized businesses.
Executives
Thomas W Booth other: Director-EMCC-Parent Company 2868 SHADOW LAKE ROAD, DES MOINES IA 80026
David O Narigon officer: Senior Vice President

EMC Insurance Group (EMC Insurance Group) Headlines

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