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Insurance Australia Group (ASX:IAG) Net Margin % : 7.35% (As of Jun. 2024)


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What is Insurance Australia Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Insurance Australia Group's Net Income for the six months ended in Jun. 2024 was A$491 Mil. Insurance Australia Group's Revenue for the six months ended in Jun. 2024 was A$6,677 Mil. Therefore, Insurance Australia Group's net margin for the quarter that ended in Jun. 2024 was 7.35%.

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

ASX:IAG' s Net Margin % Range Over the Past 10 Years
Min: -4.65   Med: 6.72   Max: 11.87
Current: 6.55


ASX:IAG's Net Margin % is ranked worse than
57.83% of 479 companies
in the Insurance industry
Industry Median: 8.36 vs ASX:IAG: 6.55

Insurance Australia Group Net Margin % Historical Data

The historical data trend for Insurance Australia Group'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.

Insurance Australia Group Net Margin % Chart

Insurance Australia Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.90 -4.65 3.91 8.15 6.55

Insurance Australia Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 3.63 10.72 6.23 5.79 7.35

Competitive Comparison of Insurance Australia Group's Net Margin %

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


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

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

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



Insurance Australia Group 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.

Insurance Australia Group's Net Margin for the fiscal year that ended in Jun. 2024 is calculated as

Net Margin=Net Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=898/13706
=6.55 %

Insurance Australia Group's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=491/6677
=7.35 %

* 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.


Insurance Australia Group  (ASX:IAG) 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.


Insurance Australia Group Net Margin % Related Terms

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Insurance Australia Group Business Description

Traded in Other Exchanges
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.