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Argo Group International Holdings (Argo Group International Holdings) Net Margin % : -12.29% (As of Sep. 2023)


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What is Argo Group International Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Argo Group International Holdings's Net Income for the three months ended in Sep. 2023 was $-47 Mil. Argo Group International Holdings's Revenue for the three months ended in Sep. 2023 was $382 Mil. Therefore, Argo Group International Holdings's net margin for the quarter that ended in Sep. 2023 was -12.29%.

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

ARGO' s Net Margin % Range Over the Past 10 Years
Min: -12.38   Med: 3.03   Max: 12.02
Current: -12.38


ARGO's Net Margin % is not ranked
in the Insurance industry.
Industry Median: 7.54 vs ARGO: -12.38

Argo Group International Holdings Net Margin % Historical Data

The historical data trend for Argo Group International 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.

Argo Group International Holdings Net Margin % Chart

Argo Group International Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.18 -0.71 -2.88 0.31 -9.95

Argo Group International Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -10.77 -29.38 -8.46 0.60 -12.29

Competitive Comparison of Argo Group International Holdings's Net Margin %

For the Insurance - Property & Casualty subindustry, Argo Group International 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.


Argo Group International Holdings's Net Margin % Distribution in the Insurance Industry

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

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



Argo Group International 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.

Argo Group International Holdings's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-175.2/1761.2
=-9.95 %

Argo Group International Holdings's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-46.9/381.5
=-12.29 %

* 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.


Argo Group International Holdings  (NYSE:ARGO) 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.


Argo Group International Holdings Net Margin % Related Terms

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Argo Group International Holdings (Argo Group International Holdings) Business Description

Traded in Other Exchanges
Address
501 7th Avenue, 7th Floor, New York, NY, USA, 10018
Argo Group International Holdings Inc formerly Argo Group International Holdings Ltd is a property and casualty insurance company. It has two reportable segments which are U.S. Operations and International Operations. The U.S. Operations segment is comprised of two primary operating divisions, Excess and Surplus Lines and Specialty Admitted, while International Operations' primary operating divisions are Syndicate 1200, Reinsurance, and Argo Insurance Bermuda. The vast majority of revenue generation occurs within the excess and surplus lines segment, which underwrites casualty, property, and professional liability coverage for various clients. Argo generates the majority of its revenue in the United States, followed by the United Kingdom and Bermuda.
Executives
Jessica E. Snyder officer: President, U.S. Insurance ARGO GROUP INTERNATIONAL HOLDINGS, LTD., 90 PITTS BAY RD., PEMBROKE D0 HM08
J Daniel Plants director ONE EMBARCADERO CENTER, SUITE 1140, SAN FRANCISCO CA 94111
Susan Comparato officer: Chief Administrative Officer ARGO GROUP INTERNATIONAL HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Scott Kirk officer: Chief Financial Officer C/O ARGO GROUP INTERNATIONAL HOLDINGS,, LTD. 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Andrew Marshall Borst officer: Chief Administrative Officer 175 E. HOUSTON ST., SUITE 1300, SAN ANTONIO TX 78205
Allison Kiene officer: SVP, General Counsel C/OARGO GROUP INTERNATIONAL HOLDINGS,LTD, 110 PITTS BAY ROAD, PEMBROKE D0 HM 08
Kevin James Rehnberg officer: President, U.S. Operations C/O ONEBEACON INSURANCE GROUP, LTD, 1 BEACON LANE, CANTON MA 02021
Thomas A Bradley director 199 WATER STREET, 24TH FLOOR, NEW YORK NY 10038
Timothy D Carter officer: Chief Underwriting Officer C/O ARGO GROUP 110 PITTS BAY ROAD, PEMBROKE D0 HM 08
Fred Robert Donner director GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Bernard C Bailey director
Samuel G Liss director VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Carol A. Mcfate director 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Jay Stanley Bullock officer: Chief Financial Officer 110 PITTS BAY ROAD, PEMBROKE D0 HM 08
Kathleen Nealon director P.O. BOX 1282, HAMILTON D0 HM08

Argo Group International Holdings (Argo Group International Holdings) Headlines

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