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Arabia Insurance Cooperative Co (SAU:8160) Net Margin % : 11.30% (As of Sep. 2024)


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What is Arabia Insurance Cooperative Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Arabia Insurance Cooperative Co's Net Income for the three months ended in Sep. 2024 was ﷼14.6 Mil. Arabia Insurance Cooperative Co's Revenue for the three months ended in Sep. 2024 was ﷼129.2 Mil. Therefore, Arabia Insurance Cooperative Co's net margin for the quarter that ended in Sep. 2024 was 11.30%.

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

SAU:8160' s Net Margin % Range Over the Past 10 Years
Min: -17.18   Med: 1.59   Max: 9.07
Current: 7.68


SAU:8160's Net Margin % is ranked worse than
51.63% of 490 companies
in the Insurance industry
Industry Median: 8.345 vs SAU:8160: 7.68

Arabia Insurance Cooperative Co Net Margin % Historical Data

The historical data trend for Arabia Insurance Cooperative Co'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.

Arabia Insurance Cooperative Co Net Margin % Chart

Arabia Insurance Cooperative Co 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 -17.18 2.72 -1.79 1.59 9.07

Arabia Insurance Cooperative Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 12.87 6.03 4.86 9.83 11.30

Competitive Comparison of Arabia Insurance Cooperative Co's Net Margin %

For the Insurance - Property & Casualty subindustry, Arabia Insurance Cooperative Co'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.


Arabia Insurance Cooperative Co's Net Margin % Distribution in the Insurance Industry

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

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


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Arabia Insurance Cooperative Co 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.

Arabia Insurance Cooperative Co'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 )
=66.292/730.591
=9.07 %

Arabia Insurance Cooperative Co's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=14.6/129.173
=11.30 %

* 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.


Arabia Insurance Cooperative Co  (SAU:8160) 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.


Arabia Insurance Cooperative Co Net Margin % Related Terms

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Arabia Insurance Cooperative Co Business Description

Traded in Other Exchanges
N/A
Address
6984 King Abdul Aziz Branch Road, Bin Tami Center, Al Wurud, Riyadh, SAU, 12252-4483
Arabia Insurance Cooperative Co provides insurance and reinsurance activities and services in the Kingdom of Saudi Arabia. The company provides different insurance coverage such as medical insurance, general accident insurance, engineering insurance, motor insurance, property insurance, and marine insurance, among others.

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