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Definity Financial (TSX:DFY) Net Margin % : 18.18% (As of Dec. 2023)


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What is Definity Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Definity Financial's Net Income for the three months ended in Dec. 2023 was C$226 Mil. Definity Financial's Revenue for the three months ended in Dec. 2023 was C$1,243 Mil. Therefore, Definity Financial's net margin for the quarter that ended in Dec. 2023 was 18.18%.

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

TSX:DFY' s Net Margin % Range Over the Past 10 Years
Min: 3.7   Med: 6.51   Max: 8.64
Current: 8.59


TSX:DFY's Net Margin % is ranked better than
53.29% of 486 companies
in the Insurance industry
Industry Median: 7.475 vs TSX:DFY: 8.59

Definity Financial Net Margin % Historical Data

The historical data trend for Definity Financial'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.

Definity Financial Net Margin % Chart

Definity Financial Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
5.71 7.31 3.70 8.64

Definity Financial Quarterly Data
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 19.75 9.75 7.93 -5.39 18.18

Competitive Comparison of Definity Financial's Net Margin %

For the Insurance - Property & Casualty subindustry, Definity Financial'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.


Definity Financial's Net Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Definity Financial's Net Margin % falls into.



Definity Financial 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.

Definity Financial'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 )
=350.1/4050.2
=8.64 %

Definity Financial'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 )
=225.9/1242.7
=18.18 %

* 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.


Definity Financial  (TSX:DFY) 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.


Definity Financial Net Margin % Related Terms

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Definity Financial (TSX:DFY) Business Description

Traded in Other Exchanges
Address
111 Westmount Road South, Waterloo, ON, CAN, N2L 2L6
Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers. Its commercial insurance products include fleet, individually-rated commercial auto, property, liability, and specialty insurance products.

Definity Financial (TSX:DFY) Headlines

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