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Access Hldgs (NSA:ACCESSCORP) Net Margin % : 55.51% (As of Dec. 2023)


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What is Access Hldgs Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Access Hldgs's Net Income for the three months ended in Dec. 2023 was ₦350,238 Mil. Access Hldgs's Revenue for the three months ended in Dec. 2023 was ₦630,976 Mil. Therefore, Access Hldgs's net margin for the quarter that ended in Dec. 2023 was 55.51%.

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

NSA:ACCESSCORP' s Net Margin % Range Over the Past 10 Years
Min: 20.42   Med: 26.93   Max: 41.25
Current: 40.85


NSA:ACCESSCORP's Net Margin % is ranked better than
84.71% of 1458 companies
in the Banks industry
Industry Median: 25.03 vs NSA:ACCESSCORP: 40.85

Access Hldgs Net Margin % Historical Data

The historical data trend for Access Hldgs'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.

Access Hldgs Net Margin % Chart

Access Hldgs 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 26.38 22.00 27.47 20.69 41.25

Access Hldgs Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 9.92 28.83 27.69 33.05 55.51

Competitive Comparison of Access Hldgs's Net Margin %

For the Banks - Regional subindustry, Access Hldgs'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.


Access Hldgs's Net Margin % Distribution in the Banks Industry

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

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



Access Hldgs 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.

Access Hldgs'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 )
=612493/1484899
=41.25 %

Access Hldgs'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 )
=350238/630976
=55.51 %

* 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.


Access Hldgs  (NSA:ACCESSCORP) 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.


Access Hldgs Net Margin % Related Terms

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Access Hldgs (NSA:ACCESSCORP) Business Description

Traded in Other Exchanges
N/A
Address
Prince Alaba Abiodun, Oniru Street, 14th Floor, Plot 14/15, Access Towers, Oniru Estate, Victoria Island, Lagos, NGA
Access Bank PLC is a full-service commercial bank based in Nigeria. It serves primarily through four market segments, namely Retail Banking, Business Banking, Commercial Banking, and Corporate and Investment Banking. The Commercial Banking segment provides commercial banking products and services to the non-institutional clients, medium and small corporate segments of the Nigerian market. Corporate & investment banking provides bespoke comprehensive banking products and a full range of services to multinationals, large domestic corporations, and other institutional clients. Retail banking provides financial products and services to individuals and the private banking segment. It has three geographical segments, which include Nigeria, the Rest of Africa, and Europe.

Access Hldgs (NSA:ACCESSCORP) Headlines

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