Metromile (Metromile) Net Margin % : -164.76% (As of Mar. 2022)

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What is Metromile Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Metromile's Net Income for the three months ended in Mar. 2022 was $-34.3 Mil. Metromile's Revenue for the three months ended in Mar. 2022 was $20.8 Mil. Therefore, Metromile's net margin for the quarter that ended in Mar. 2022 was -164.76%.

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

MILE' s Net Margin % Range Over the Past 10 Years
Min: -211.59 Med: 69.63 Max: 350.85
Current: -111.48

MILE's Net Margin % is not ranked
in the Insurance industry.
Industry Median: 7.96 vs MILE: -111.48

Metromile Net Margin % Historical Data

The historical data trend for Metromile'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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Metromile Net Margin % Chart

Metromile Annual Data

Trend

Dec20

Dec21

Net Margin %

350.85

-211.59

Metromile Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Net Margin %	Get a 7-Day Free Trial				1,169.47	-117.61	-65.23	-127.83	-164.76

Competitive Comparison of Metromile's Net Margin %

For the Insurance - Property & Casualty subindustry, Metromile'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.

Metromile's Net Margin % Distribution in the Insurance Industry

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

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

Metromile 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.

Metromile's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

Net Margin	=	Net Income (A: Dec. 2021 )	/	Revenue (A: Dec. 2021 )
	=	-216.459	/	102.301
	=	-211.59 %

Metromile's Net Margin for the quarter that ended in Mar. 2022 is calculated as

Net Margin	=	Net Income (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	-34.319	/	20.83
	=	-164.76 %

Metromile (NAS:MILE) 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.

Metromile Net Margin % Related Terms

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Metromile (Metromile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Metromile Inc (NAS:MILE) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

425 Market Street, Suite 700, San Francisco, CA, USA, 94105

Website

https://www.metromile.com

Metromile Inc is a digital insurance platform in the United States. It offers real-time, personalized auto insurance policies by the mile. Metromile's digitally native offering is built around the modern driver's needs, featuring automated claims, complimentary smart driving features and annual average savings of 47% over what they were paying their previous auto insurer.

Executives

David A Friedberg	director	800 N. LINDBERGH BLVD., ST. LOUIS MO 63167
Sandra Marie Clarke	director	53 HIDDEN OAKS DRIVE LAFAYETTE CA 94549
John Miles Butler	director	2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Regi Vengalil	officer: Chief Financial Officer	411 1ST AVENUE SOUTH, SUITE 501, SEATTLE WA 98104
Mark Gundacker	officer: Chief People Officer	C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Paw Andersen	officer: Chief Technology Officer	C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Dan Preston	director, officer: Chief Executive Officer	C/O METROMILE, INC., 425 MARKET STREET, SUITE 700, SAN FRANCISCO CA 94105
Jesse Mckendry	officer: VP, Insurance	C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Lindsay Alexovich	officer: Chief Accounting Officer	C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Bryant Colin	director	2855 SAND HILL ROAD MENLO PARK CA 94025
Vikas Singhal	director	2187 ATLANTIC STREET, FOURTH FLOOR, STAMFORD CT 06902
Ryan Graves	director	C/O ICONIQ CAPITAL, 15 E. 26TH STREET, SUITE 602, NEW YORK NY 10010
Betsy Z Cohen	director
Dioptra Advisors Ii, Llc	10 percent owner	2929 ARCH STREET STE 1703 PHILADELPHIA PA 19104
Insurance Acquisition Sponsor Ii, Llc	10 percent owner	2929 ARCH STREET STE 1703 PHILADELPHIA PA 19104