The Company For Cooperative Insurance (SAU:8010) Net Margin % : 4.99% (As of Mar. 2024)

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What is The Company For Cooperative Insurance Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. The Company For Cooperative Insurance's Net Income for the three months ended in Mar. 2024 was ﷼197 Mil. The Company For Cooperative Insurance's Revenue for the three months ended in Mar. 2024 was ﷼3,945 Mil. Therefore, The Company For Cooperative Insurance's net margin for the quarter that ended in Mar. 2024 was 4.99%.

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

SAU:8010' s Net Margin % Range Over the Past 10 Years
Min: -3.77 Med: 4.74 Max: 11.16
Current: 4.99

SAU:8010's Net Margin % is ranked worse than
63.86% of 487 companies
in the Insurance industry
Industry Median: 7.93 vs SAU:8010: 4.99

The Company For Cooperative Insurance Net Margin % Historical Data

The historical data trend for The Company For Cooperative Insurance'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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The Company For Cooperative Insurance Net Margin % Chart

The Company For Cooperative Insurance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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5.00

6.02

3.46

3.03

4.47

The Company For Cooperative Insurance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															2.54	7.84	5.54	2.25	4.99

Competitive Comparison of The Company For Cooperative Insurance's Net Margin %

For the Insurance - Diversified subindustry, The Company For Cooperative Insurance'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.

The Company For Cooperative Insurance's Net Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where The Company For Cooperative Insurance's Net Margin % falls into.

The Company For Cooperative Insurance 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.

The Company For Cooperative Insurance'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 )
	=	616.426	/	13788.898
	=	4.47 %

The Company For Cooperative Insurance's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	196.692	/	3945.069
	=	4.99 %

The Company For Cooperative Insurance (SAU:8010) 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.

The Company For Cooperative Insurance Net Margin % Related Terms

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The Company For Cooperative Insurance (SAU:8010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Company For Cooperative Insurance (SAU:8010) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6507 Ath Thumamah Road- Al-Rabie District, P.O. Box 86959, Riyadh, SAU, 11632

Website

https://www.tawuniya.com.sa

The Company for Cooperative Insurance is an insurance company. The company provides its customers with more than 60 types of insurance including medical, motor, fire, property, engineering, casualty, marine, aviation, Takaful, liability insurance and many other types of insurance. The purpose of the company is to transact cooperative insurance operations and all related activities including reinsurance and agency activities. The company is organized into business units based on its products and services and has nine reportable segments as follows, Medical, Medical Umrah, Motor insurance, Property and Casualty, General accidents insurance, Travel and COVID-19, Protection & Savings, Teejan Al-Khaleej segment and Shareholders' segment.

The Company For Cooperative Insurance (SAU:8010) Headlines

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