Great-West Lifeco (OTCPK:GWLIF) Gross-Profit-to-Asset %

: 0.50% (As of Jun. 2023)

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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Great-West Lifeco's annualized Gross Profit for the quarter that ended in Jun. 2023 was $2,544 Mil. Great-West Lifeco's average Total Assets over the quarter that ended in Jun. 2023 was $512,488 Mil. Therefore, Great-West Lifeco's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was 0.50%.

Great-West Lifeco Gross-Profit-to-Asset % Historical Data

The historical data trend for Great-West Lifeco'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.

* Premium members only.

Great-West Lifeco Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

10.13

10.28

11.66

10.47

6.52

Great-West Lifeco Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Gross-Profit-to-Asset %																-3.30	7.23	8.13	4.81	0.50

Competitive Comparison

For the Insurance - Life subindustry, Great-West Lifeco'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.

Annual Data Quarterly Data

Great-West Lifeco Gross-Profit-to-Asset % Distribution

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

* The bar in red indicates where Great-West Lifeco's Gross-Profit-to-Asset % falls in comparison to its industry or sector. The grey bar indicates the Gross-Profit-to-Asset %'s extreme value range as defined by GuruFocus.

Great-West Lifeco Gross-Profit-to-Asset % Calculation

Great-West Lifeco's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	32906.883	/	( (492568.75	+	516345.234)	/ 2 )
	=	32906.883	/	504456.992
	=	6.52 %

Great-West Lifeco's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	2544.032	/	( (505629.613	+	519345.928)	/ 2 )
	=	2544.032	/	512487.7705
	=	0.50 %

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. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Great-West Lifeco Gross-Profit-to-Asset % Related Terms

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Great-West Lifeco (OTCPK:GWLIF) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3

Website

https://www.greatwestlifeco.com

Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.