Net margin is calculated as Net Income divided by its Revenue. The Hartford Financial Services Group's Net Income for the
three
months ended in Dec. 2023 was $771 Mil. The Hartford Financial Services Group's Revenue for the
three
months ended in Dec. 2023 was $6,323 Mil. Therefore, The Hartford Financial Services Group's net margin for the quarter that ended in Dec. 2023 was 12.19%.
The historical rank and industry rank for The Hartford Financial Services Group's Net Margin % or its related term are showing as below:
HIG'
s Net Margin % Range Over the Past 10 Years
Min: -18.24 Med: 9.1 Max: 10.95
Current: 10.29
HIG's Net Margin % is ranked better than 63.51% of 485
companies
in the Insurance industry
Industry Median: 7.39
vs HIG: 10.29
The Hartford Financial Services Group Net Margin % Historical Data
The historical data trend for The Hartford Financial Services 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.
For the Insurance - Property & Casualty subindustry, The Hartford Financial Services 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.
The Hartford Financial Services Group Net Margin % Distribution
For the Insurance industry and Financial Services sector, The Hartford Financial Services Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where The Hartford Financial Services Group's Net Margin % falls into.
The Hartford Financial Services 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.
The Hartford Financial Services Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
The Hartford Financial Services Group (NYSE:HIG) 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 Hartford Financial Services Group Net Margin % Related Terms
Thank you for viewing the detailed overview of The Hartford Financial Services Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Hartford Financial Services Group (The Hartford Financial Services Group) Business Description
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
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