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Skagi hf (OISE:VIS) Net Margin % : 22.84% (As of Dec. 2024)


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What is Skagi hf Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Skagi hf's Net Income for the three months ended in Dec. 2024 was kr1,563 Mil. Skagi hf's Revenue for the three months ended in Dec. 2024 was kr6,842 Mil. Therefore, Skagi hf's net margin for the quarter that ended in Dec. 2024 was 22.84%.

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

OISE:VIS' s Net Margin % Range Over the Past 10 Years
Min: 3.79   Med: 7.48   Max: 25.14
Current: 7.51


OISE:VIS's Net Margin % is ranked worse than
52.56% of 489 companies
in the Insurance industry
Industry Median: 8.42 vs OISE:VIS: 7.51

Skagi hf Net Margin % Historical Data

The historical data trend for Skagi hf'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.

Skagi hf Net Margin % Chart

Skagi hf Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.65 25.14 3.79 7.18 7.54

Skagi hf Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.28 1.85 1.79 5.21 22.84

Competitive Comparison of Skagi hf's Net Margin %

For the Insurance - Diversified subindustry, Skagi hf'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.


Skagi hf's Net Margin % Distribution in the Insurance Industry

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

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


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Skagi hf 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.

Skagi hf's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=2264.21/30018.052
=7.54 %

Skagi hf's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=1562.788/6842.009
=22.84 %

* 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.


Skagi hf  (OISE:VIS) 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.


Skagi hf Net Margin % Related Terms

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Skagi hf Business Description

Traded in Other Exchanges
N/A
Address
Armula 3, Reykjavik, ISL, 108
Skagi hf is engaged in financial services sector. The Group operates through three operating segments: Insurance Operations, Insurance Investments, and Financial Services. Insurance Operations comprises the core insurance activities, including the underwriting of life, health, and general insurance products. Insurance Investments includes the management of assets backing insurance liabilities as well as proprietary investment activities. The Financial Services segment comprises activities such as asset management, loans to customers, and other noninsurance financial products. Key revenue is generated from Insurance operations.