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NIB Holdings (ASX:NHF) Net Margin % : 6.28% (As of Dec. 2023)


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What is NIB Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. NIB Holdings's Net Income for the six months ended in Dec. 2023 was A$106 Mil. NIB Holdings's Revenue for the six months ended in Dec. 2023 was A$1,693 Mil. Therefore, NIB Holdings's net margin for the quarter that ended in Dec. 2023 was 6.28%.

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

ASX:NHF' s Net Margin % Range Over the Past 10 Years
Min: 3.54   Med: 5.36   Max: 6.18
Current: 6.18


ASX:NHF's Net Margin % is ranked worse than
55.76% of 486 companies
in the Insurance industry
Industry Median: 7.43 vs ASX:NHF: 6.18

NIB Holdings Net Margin % Historical Data

The historical data trend for NIB Holdings'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.

NIB Holdings Net Margin % Chart

NIB Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.07 3.54 6.07 4.88 6.12

NIB Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 5.87 3.87 6.16 6.08 6.28

Competitive Comparison of NIB Holdings's Net Margin %

For the Insurance - Specialty subindustry, NIB Holdings'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.


NIB Holdings's Net Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where NIB Holdings's Net Margin % falls into.



NIB Holdings 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.

NIB Holdings's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=191.1/3123.4
=6.12 %

NIB Holdings'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 )
=106.4/1693.1
=6.28 %

* 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.


NIB Holdings  (ASX:NHF) 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.


NIB Holdings Net Margin % Related Terms

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NIB Holdings (ASX:NHF) Business Description

Traded in Other Exchanges
Address
22 Honeysuckle Drive, Newcastle, NSW, AUS, 2300
NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.

NIB Holdings (ASX:NHF) Headlines

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