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Gjensidige Forsikring ASA Net Margin %

: 18.64% (As of Sep. 2021)
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Net margin is calculated as Net Income divided by its Revenue. Gjensidige Forsikring ASA's Net Income for the three months ended in Sep. 2021 was $173 Mil. Gjensidige Forsikring ASA's Revenue for the three months ended in Sep. 2021 was $927 Mil. Therefore, Gjensidige Forsikring ASA's net margin for the quarter that ended in Sep. 2021 was 18.64%.

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

OTCPK:GJNSY' s Net Margin % Range Over the Past 10 Years
Min: 12.89   Med: 16.6   Max: 22.37
Current: 20.45

12.89
22.37

OTCPK:GJNSY's Net Margin % is ranked higher than
85% of the 498 Companies
in the Insurance industry.

( Industry Median: 6.84 vs. OTCPK:GJNSY: 20.45 )

Gjensidige Forsikring ASA Net Margin % Historical Data

The historical data trend for Gjensidige Forsikring ASA'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.

Gjensidige Forsikring ASA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.98 16.68 14.56 22.37 16.82

Gjensidige Forsikring ASA Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 20.00 23.50 17.17 22.30 18.64

Competitive Comparison

For the Insurance - Diversified subindustry, Gjensidige Forsikring ASA'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.

   

Gjensidige Forsikring ASA Net Margin % Distribution

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

* The bar in red indicates where Gjensidige Forsikring ASA's Net Margin % falls into.



Gjensidige Forsikring ASA 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.

Gjensidige Forsikring ASA'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 )
=568.93799313204/3382.3086906088
=16.82 %

Gjensidige Forsikring ASA'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 )
=172.67823937724/926.55602138988
=18.64 %

* 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.


Gjensidige Forsikring ASA  (OTCPK:GJNSY) 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.


Gjensidige Forsikring ASA Net Margin % Related Terms

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Gjensidige Forsikring ASA Business Description

Gjensidige Forsikring ASA logo
Industry
Address
Schweigaardsgate 21, Oslo, NOR, 0191
Gjensidige Forsikring is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA Headlines

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