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Assurant (Assurant) Net Margin % : 8.21% (As of Mar. 2024)


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What is Assurant Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Assurant's Net Income for the three months ended in Mar. 2024 was $236 Mil. Assurant's Revenue for the three months ended in Mar. 2024 was $2,880 Mil. Therefore, Assurant's net margin for the quarter that ended in Mar. 2024 was 8.21%.

The historical rank and industry rank for Assurant's Net Margin % or its related term are showing as below:

AIZ' s Net Margin % Range Over the Past 10 Years
Min: 1.37   Med: 4.57   Max: 13.37
Current: 6.73


AIZ's Net Margin % is ranked worse than
54.92% of 488 companies
in the Insurance industry
Industry Median: 7.91 vs AIZ: 6.73

Assurant Net Margin % Historical Data

The historical data trend for Assurant's Net 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.

Assurant Net Margin % Chart

Assurant Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.01 4.59 13.37 2.71 5.77

Assurant Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 4.30 5.72 6.85 6.12 8.21

Competitive Comparison of Assurant's Net Margin %

For the Insurance - Specialty subindustry, Assurant's Net Margin %, along with its competitors' market caps and Net 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.


Assurant's Net Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Assurant's Net Margin % falls into.



Assurant Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Assurant's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=642.5/11131.6
=5.77 %

Assurant's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=236.4/2880.1
=8.21 %

* 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.


Assurant  (NYSE:AIZ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Assurant Net Margin % Related Terms

Thank you for viewing the detailed overview of Assurant's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Assurant (Assurant) Business Description

Traded in Other Exchanges
Address
260 Interstate North Circle SE, Atlanta, GA, USA, 30339
Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global Lifestyle, Corporate and Other. Global Housing provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle, the key revenue-generating segment, provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.
Executives
Jay Rosenblum officer: EVP and CLO C/O ASSURANT, INC., 28 LIBERTY ST, 41ST FL., NEW YORK NY 10005
Dimitry Dirienzo officer: SVP, CAO, Controller C/O ASSURANT, INC., 28 LIBERTY ST. 41 F., NEW YORK NY 10005
Richard S Dziadzio officer: EVP, CFO, and Treasurer C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Francesca Luthi officer: EVP, CAO 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Robert Lonergan officer: EVP, other: Chief Strategy Officer C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Rajiv Basu director C/O ASSURANT, INC., 260 INTERSTATE NORTH CIRCLE, S.E., ATLANTA GA 30339
Sari Beth Granat director C/O MARKIT LTD, 4TH FL, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY
Keith Meier officer: EVP, COO C/O ASSURANT, INC., 55 BROADWAY, SUITE 2901, NEW YORK NY 10006
Alan B. Colberg officer: EVP, Marketing & Bus. Dev. ASSURANT, INC., ONE CHASE MANHATTAN PLAZA, 41 FL., NEW YORK NY 10005
Gene Mergelmeyer officer: Executive Vice President, other: Pres., Assur. Spec. Property ASSURANT, INC., 28 LIBERTY ST. 41 FLOOR, NEW YORK NY 10005
Carter J Braxton Ii director C/O T-MOBILE US, INC., 12920 SE 38TH STREET, BELLEVUE WA 98006
Charles John Koch director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Tammy L. Schultz officer: EVP C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Paget Leonard Alves director SPRINT NEXTEL, 6200 SPRINT PARKWAY KSOPHF0410 - 4A403, OVERLAND PARK KS 66251
Ognjen Redzic director C/O ASSURANT, INC., 28 LIBERTY STREET, 41ST FL., NEW YORK NY 10005

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