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Protector Forsikring ASA (LTS:0JXF) Net Margin % : 17.25% (As of Sep. 2024)


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What is Protector Forsikring ASA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Protector Forsikring ASA's Net Income for the three months ended in Sep. 2024 was kr581 Mil. Protector Forsikring ASA's Revenue for the three months ended in Sep. 2024 was kr3,368 Mil. Therefore, Protector Forsikring ASA's net margin for the quarter that ended in Sep. 2024 was 17.25%.

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

LTS:0JXF' s Net Margin % Range Over the Past 10 Years
Min: -9.6   Med: 16.86   Max: 23.01
Current: 16.08


LTS:0JXF's Net Margin % is ranked better than
77.66% of 479 companies
in the Insurance industry
Industry Median: 8.36 vs LTS:0JXF: 16.08

Protector Forsikring ASA Net Margin % Historical Data

The historical data trend for Protector Forsikring ASA'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.

Protector Forsikring ASA Net Margin % Chart

Protector Forsikring ASA 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 -0.10 17.74 20.79 23.01 15.53

Protector Forsikring ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.50 22.91 15.55 8.52 17.25

Competitive Comparison of Protector Forsikring ASA's Net Margin %

For the Insurance - Specialty subindustry, Protector Forsikring ASA'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.


Protector Forsikring ASA's Net Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Protector Forsikring ASA's Net Margin % falls into.



Protector Forsikring ASA 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.

Protector Forsikring ASA'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 )
=1509.3/9718.2
=15.53 %

Protector Forsikring ASA's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=581/3368
=17.25 %

* 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.


Protector Forsikring ASA  (LTS:0JXF) 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.


Protector Forsikring ASA Net Margin % Related Terms

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Protector Forsikring ASA Business Description

Traded in Other Exchanges
Address
Stoperigata 2, PB 1351 Vika, Oslo, NOR, 0113
Protector Forsikring ASA provides a wide range of insurance products to companies and public organizations, primarily in Norway, Sweden, and Denmark. Protector's products include workers' compensation, group life, accident, health, property, motor, liability, cargo, and change of ownership insurance. Insurance premiums provide nearly all of the company's revenue. Protector's commercial business provides insurance for more than 5,000 companies, most of which have annual insurance premiums between NOK 100,000 and NOK 3 million. The public business provides coverage to more than 500 municipalities and 30 countries.

Protector Forsikring ASA Headlines

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