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Independence Holding Co (Independence Holding Co) Net Margin % : 266.53% (As of Sep. 2021)


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What is Independence Holding Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Independence Holding Co's Net Income for the three months ended in Sep. 2021 was $17.4 Mil. Independence Holding Co's Revenue for the three months ended in Sep. 2021 was $6.5 Mil. Therefore, Independence Holding Co's net margin for the quarter that ended in Sep. 2021 was 266.53%.

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


IHC's Net Margin % is not ranked *
in the Insurance industry.
Industry Median: 7.39
* Ranked among companies with meaningful Net Margin % only.

Independence Holding Co Net Margin % Historical Data

The historical data trend for Independence Holding Co'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.

Independence Holding Co Net Margin % Chart

Independence Holding Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.65 13.12 8.12 3.31 4.25

Independence Holding Co Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 126.92 1.30 4.51 155.02 266.53

Competitive Comparison of Independence Holding Co's Net Margin %

For the Insurance - Life subindustry, Independence Holding Co'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.


Independence Holding Co's Net Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Independence Holding Co's Net Margin % falls into.



Independence Holding Co 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.

Independence Holding Co's Net Margin for the fiscal year that ended in Dec. 2020 is calculated as

Net Margin=Net Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=18.881/443.864
=4.25 %

Independence Holding Co's Net Margin for the quarter that ended in Sep. 2021 is calculated as

Net Margin=Net Income (Q: Sep. 2021 )/Revenue (Q: Sep. 2021 )
=17.359/6.513
=266.53 %

* 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.


Independence Holding Co  (NYSE:IHC) 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.


Independence Holding Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Independence Holding Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Independence Holding Co (Independence Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
96 Cummings Point Road, Stamford, CT, USA, 06902
Independence Holding Co is engaged in the business of life and health insurance. It mainly provides disability and health coverages and related services to commercial and individual customers. The company's principal products include medical stop-loss, fully insured health products, ancillary products, pet insurance and occupational accident and medical health benefits coverages, New York short term disability, group term life, individual life, and annuities. It has business segments that include Specialty Health; Group disability, life, DBL and PFL segment; individual life, annuities and another segment. The company generates maximum revenue from the Specialty Health segment.
Executives
Steven B Lapin director 96 CUMMINGS POINT RD STAMFORD CT 06902
Gary Balzofiore officer: SVP - Specialty Health Ops 485 MADISON AVENUE, NEW YORK NY 10022
Maggi Colleen P. officer: Corporate VP and CFO 96 CUMMINGS POINT ROAD STAMFORD CT 06902
Vincent J. Furfaro director, officer: SVP StrategicCorp. Dev. & CISO 485 MADISON AVE. 14TH FLOOR NEW YORK NY 10022
Ronald I Simon director 485 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Larry Graber director, officer: Sr VP-Life & Annuities 96 CUMMINGS POINT RD STAMFORD CT 06902
James G Tatum director 96 CUMMINGS POINT RD STAMFORD CT 06902
David T Kettig officer: Co-Chief Operating Officer 96 CUMMINGS POINT RD STAMFORD CT 06902
Thung Roy T K director, officer: President and CEO 96 CUMMINGS POINT RD STAMFORD CT 06902
Michael Kemp officer: CUO & SVP C/O STANDARD SECURITY LIFE INSURANCE CO. 485 MADISON AVENUE NEW YORK NY 10022
Geneve Holdings Inc 10 percent owner 96 CUMMINGS POINT RD STAMFORD CT 06902
Teresa A Herbert officer: Sr VP & CFO 96 CUMMINGS POINT RD, STAMFORD CT 06902
Jeffrey C Smedsrud officer: Sr VP&Chief Strategic Officer 8009 34TH AVENUE SOUTH #360 BLOOMINGTON MN 55420
Smh Associates Corp. 10 percent owner 96 CUMMINGS POINT ROAD STAMFORD CT 06902
Argent Investors Management Corp 10 percent owner 96 CUMMINGS POINT ROAD STAMFORD CT 06902

Independence Holding Co (Independence Holding Co) Headlines

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