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Oman Qatar Insurance CoOG (MUS:OQIC) Net Margin %

: 12.33% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Oman Qatar Insurance CoOG's Net Income for the three months ended in Dec. 2023 was ر.ع1.82 Mil. Oman Qatar Insurance CoOG's Revenue for the three months ended in Dec. 2023 was ر.ع14.78 Mil. Therefore, Oman Qatar Insurance CoOG's net margin for the quarter that ended in Dec. 2023 was 12.33%.

The historical rank and industry rank for Oman Qatar Insurance CoOG's Net Margin % or its related term are showing as below:

MUS:OQIC' s Net Margin % Range Over the Past 10 Years
Min: 6.55   Med: 16.45   Max: 32.88
Current: 9.22


MUS:OQIC's Net Margin % is ranked better than
58.76% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs MUS:OQIC: 9.22

Oman Qatar Insurance CoOG Net Margin % Historical Data

The historical data trend for Oman Qatar Insurance CoOG'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.

Oman Qatar Insurance CoOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only 13.71 22.84 32.88 28.06 9.22

Oman Qatar Insurance CoOG Quarterly Data
Dec17 Mar18 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only -3.74 10.38 8.68 6.27 12.33

Competitive Comparison

For the Insurance - Diversified subindustry, Oman Qatar Insurance CoOG'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.


Oman Qatar Insurance CoOG Net Margin % Distribution

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

* The bar in red indicates where Oman Qatar Insurance CoOG's Net Margin % falls into.



Oman Qatar Insurance CoOG 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.

Oman Qatar Insurance CoOG'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 )
=4.033/43.726
=9.22 %

Oman Qatar Insurance CoOG'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 )
=1.823/14.784
=12.33 %

* 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.


Oman Qatar Insurance CoOG  (MUS:OQIC) 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.


Oman Qatar Insurance CoOG Net Margin % Related Terms

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Oman Qatar Insurance CoOG (MUS:OQIC) Business Description

Traded in Other Exchanges
N/A
Address
P.O.Box.3660, Ruwi, OMN, 112
Oman Qatar Insurance Co SAOG is a life insurance company. It is engaged in the business of life and general insurance within the Sultanate of Oman. The company's segments include: Marine and aviation insurance includes marine cargo, marine hull, and machinery and aviation; Fire and general insurance includes fire, engineering, energy, motor, general accident, medical insurance, and third-party liability; and Group life and credit life insurance.

Oman Qatar Insurance CoOG (MUS:OQIC) Headlines

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