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Porch Group (STU:32RD) Net Margin % : 12.93% (As of Sep. 2024)


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What is Porch Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Porch Group's Net Income for the three months ended in Sep. 2024 was €13.0 Mil. Porch Group's Revenue for the three months ended in Sep. 2024 was €100.2 Mil. Therefore, Porch Group's net margin for the quarter that ended in Sep. 2024 was 12.93%.

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

STU:32RD' s Net Margin % Range Over the Past 10 Years
Min: -133.15   Med: -56.73   Max: -14.55
Current: -14.55


STU:32RD's Net Margin % is ranked worse than
73.94% of 2759 companies
in the Software industry
Industry Median: 2.45 vs STU:32RD: -14.55

Porch Group Net Margin % Historical Data

The historical data trend for Porch Group'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.

Porch Group Net Margin % Chart

Porch Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-133.15 -74.73 -55.40 -56.74 -31.13

Porch Group 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 -4.43 -2.17 -11.57 -58.03 12.93

Competitive Comparison of Porch Group's Net Margin %

For the Software - Application subindustry, Porch Group'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.


Porch Group's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Porch Group's Net Margin % distribution charts can be found below:

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



Porch Group 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.

Porch Group'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 )
=-122.817/394.587
=-31.13 %

Porch Group'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 )
=12.958/100.191
=12.93 %

* 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.


Porch Group  (STU:32RD) 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.


Porch Group Net Margin % Related Terms

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Porch Group Business Description

Traded in Other Exchanges
Address
411 1st Avenue South, Suite 501, Seattle, WA, USA, 98104
Porch Group Inc is a vertical software company reinventing the home services and insurance industries. It has two reportable segments: The vertical Software segment provides software and services to home services companies. The Vertical Software segment software and services provide inspection, mortgage, and title companies on a subscription and transactional basis, several key businesses, including inspection software and services, title insurance software, mortgage software, moving services, mover and homeowner marketing, and measurement software for roofers. The insurance segment provides consumers with insurance and warranty products to protect their homes, earning revenue through premiums collected on policies, policy fees, and commissions.

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