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Suncorp Group (ASX:SUN) Net Margin % : 6.65% (As of Dec. 2023)


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What is Suncorp Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Suncorp Group's Net Income for the six months ended in Dec. 2023 was A$582 Mil. Suncorp Group's Revenue for the six months ended in Dec. 2023 was A$8,752 Mil. Therefore, Suncorp Group's net margin for the quarter that ended in Dec. 2023 was 6.65%.

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

ASX:SUN' s Net Margin % Range Over the Past 10 Years
Min: 1.38   Med: 8.01   Max: 8.6
Current: 7.12


ASX:SUN's Net Margin % is ranked worse than
51.75% of 485 companies
in the Insurance industry
Industry Median: 7.47 vs ASX:SUN: 7.12

Suncorp Group Net Margin % Historical Data

The historical data trend for Suncorp 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.

Suncorp Group Net Margin % Chart

Suncorp Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 7.63 8.60 6.09 7.84

Suncorp Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.43 5.69 8.04 7.66 6.65

Competitive Comparison of Suncorp Group's Net Margin %

For the Insurance - Property & Casualty subindustry, Suncorp 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.


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

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

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



Suncorp 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.

Suncorp Group's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=1148/14650
=7.84 %

Suncorp Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=582/8752
=6.65 %

* 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.


Suncorp Group  (ASX:SUN) 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.


Suncorp Group Net Margin % Related Terms

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


Suncorp Group (ASX:SUN) Business Description

Address
80 Ann Street, Level 23, Heritage Lanes, Brisbane, QLD, AUS, 4000
Suncorp is a Queensland-based financial services conglomerate offering retail and business banking, general insurance, superannuation, and investment products in Australia and New Zealand. It also operates a life insurance business in New Zealand. The core businesses include personal insurance, commercial insurance, Vero New Zealand, and Suncorp Bank. Suncorp and competitors IAG Insurance and QBE Insurance dominate the Australian and New Zealand insurance markets.

Suncorp Group (ASX:SUN) Headlines

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