Admiral GroupLSE:ADM +1.99%76 Net Margin % is 13.50% as of Dec. 2025, which is 48% below its 10-year median of 25.73. GuruFocus rates LSE:ADM with a GF Score™ of 76/100 and a GF Value™ of £37.16 (Fairly Valued). The stock has 3 warning signs investors should review. Among 503 Insurance companies, Admiral Group ranks better than 71.77% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Admiral Group's Net Income for the
six
months ended in Dec. 2025 was £342 Mil. Admiral Group's Revenue for the
six
months ended in Dec. 2025 was £2,531 Mil. Therefore, Admiral Group's net margin for the quarter that ended in Dec. 2025 was 13.50%.
The historical rank and industry rank for Admiral Group's Net Margin % or its related term are showing as below:
LSE:ADM'
s Net Margin % Range Over the Past 10 Years
Min: 9.4 Med: 25.73 Max: 64.49
Current: 14.68
LSE:ADM's Net Margin % is ranked better than 71.77% of 503
companies
in the Insurance industry
Industry Median: 9.29
vs LSE:ADM: 14.68
Admiral Group (LSE:ADM) 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.
Admiral Group Net Margin % Related Terms
Admiral Group Net Margin % Historical Data
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The historical data trend for Admiral 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.
For the Insurance - Property & Casualty subindustry, Admiral 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.
Admiral Group Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Admiral Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Admiral Group's Net Margin % falls into.
* 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.
Admiral Group (LSE:ADM) has a Net Margin % of 13.50% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Admiral Group and its competitors. This is 48% below median its historical median of 25.73. Over the past decade, Admiral Group's Net Margin % has ranged from 9.40 to 64.49. According to the industry distribution chart, Admiral Group ranks #142 out of 503 companies in the Insurance industry, placing it in the top 28.2%.
Is Admiral Group's Net Margin % too high?
Admiral Group's current Net Margin % of 13.50% is 48% below median its 10-year median of 25.73. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 64.49. The Insurance industry median Net Margin % is 9.29. Admiral Group's value of 13.50% is 45.3% above this industry median. Based on the distribution chart, Admiral Group ranks #142 out of 503 companies in the Insurance industry, which is above the industry midpoint. Overall, Admiral Group has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Admiral Group's Net Margin % compare to CB and PGR?
According to the Insurance industry distribution chart, Admiral Group ranks #142 out of 503 companies for Net Margin %. This puts Admiral Group in the upper half of its industry. The industry median Net Margin % is 9.29. Admiral Group's value of 13.50% is 45.3% above this benchmark. Historically, Admiral Group's own Net Margin % has ranged from 9.40 to 64.49 over the past decade. While the company's 10-year median is 25.73 vs. the industry median of 9.29, Admiral Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Admiral Group's current Net Margin % of 13.50% is 45.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Admiral Group and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Admiral Group's current Net Margin % is 13.50%, which is 48% below median its own 10-year median of 25.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Admiral Group stock overvalued right now?
Based on GuruFocus' analysis, Admiral Group (LSE:ADM) is currently considered Fairly Valued. The stock's GF Value™ is £37.16, compared to a current price of £33.78 — trading 9.1% below its estimated fair value. The current Net Margin % is 13.50%, which is 48% below median its 10-year median of 25.73 and 45.3% above the Insurance industry median of 9.29. Admiral Group's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Admiral Group (LSE:ADM), the current Net Margin % is 13.50% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Admiral Group (LSE:ADM) Overvalued in 2026?
Based on GuruFocus' analysis, Admiral Group stock appears to be undervalued.
The current stock price of £33.78 is trading 9.1% below its estimated GF Value™ of £37.16.
GuruFocus considers Admiral Group to be Fairly Valued.
Key valuation signals for LSE:ADM:
Net Margin %: 13.50% (48% below median its 10-year median of 25.73)
GF Value™: £37.16 vs. price of £33.78 (9.1% below fair value)
Industry Position: 45.3% above the Insurance median (#142 of 503)
No single metric tells the full story. See the LSE:ADM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Admiral is a personal lines insurer that operates predominantly in the United Kingdom. The business is primarily a motor insurer with UK and European auto insurance accounting for the majority of gross premium. The company also has a nascent but growing UK home insurance division. The company was established in 1993 to sell nonstandard risk motor insurance. These nonstandard policyholders included younger drivers, female drivers, drivers wanting to pay by credit card, and drivers based in London. Over the years the company has expanded its nonstandard risks perimeter.
76GF Score
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