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Zurich Insurance Group AG (LTS:0QP2) Net Margin % : 7.75% (As of Jun. 2024)


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What is Zurich Insurance Group AG Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zurich Insurance Group AG's Net Income for the six months ended in Jun. 2024 was CHF2,705 Mil. Zurich Insurance Group AG's Revenue for the six months ended in Jun. 2024 was CHF34,894 Mil. Therefore, Zurich Insurance Group AG's net margin for the quarter that ended in Jun. 2024 was 7.75%.

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

LTS:0QP2' s Net Margin % Range Over the Past 10 Years
Min: 3.04   Med: 6   Max: 10.72
Current: 6.55


LTS:0QP2's Net Margin % is ranked worse than
57.83% of 479 companies
in the Insurance industry
Industry Median: 8.36 vs LTS:0QP2: 6.55

Zurich Insurance Group AG Net Margin % Historical Data

The historical data trend for Zurich Insurance Group AG'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.

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Zurich Insurance Group AG Net Margin % Chart

Zurich Insurance Group AG 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 5.77 6.51 7.48 10.72 6.22

Zurich Insurance Group AG 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 18.09 6.74 7.28 5.20 7.75

Competitive Comparison of Zurich Insurance Group AG's Net Margin %

For the Insurance - Diversified subindustry, Zurich Insurance Group AG'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.


Zurich Insurance Group AG's Net Margin % Distribution in the Insurance Industry

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

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



Zurich Insurance Group AG 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.

Zurich Insurance Group AG'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 )
=3762.745/60504.002
=6.22 %

Zurich Insurance Group AG'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 )
=2704.639/34893.952
=7.75 %

* 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.


Zurich Insurance Group AG  (LTS:0QP2) 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.


Zurich Insurance Group AG Net Margin % Related Terms

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Zurich Insurance Group AG Business Description

Address
Mythenquai 2, Corporate Center, Zurich, CHE, 8002
Zurich is a multiline insurer that writes business across both life and nonlife insurance and also owns Farmers Management Services. The company was founded in 1872 as a marine reinsurer to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling, which would be damaging to both customers and Zurich. Over the years, Zurich has sought to combine customer goodwill through claims and a sufficient premium. Zurich is one of the most successful European insurers.

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