NN Group NV (NN Group NV) Net Margin %

: 10.47% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. NN Group NV's Net Income for the six months ended in Dec. 2023 was $639 Mil. NN Group NV's Revenue for the six months ended in Dec. 2023 was $6,106 Mil. Therefore, NN Group NV's net margin for the quarter that ended in Dec. 2023 was 10.47%.

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

NNGRY' s Net Margin % Range Over the Past 10 Years
Min: -250.61 Med: 10.17 Max: 17.24
Current: 10.68

NNGRY's Net Margin % is ranked better than
64.89% of 487 companies
in the Insurance industry
Industry Median: 7.39 vs NNGRY: 10.68

NN Group NV Net Margin % Historical Data

The historical data trend for NN Group NV'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.

NN Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

9.77

10.57

17.24

-250.61

10.68

NN Group NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %																20.06	-68.33	-5.64	10.90	10.47

Competitive Comparison

For the Insurance - Diversified subindustry, NN Group NV'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.

NN Group NV Net Margin % Distribution

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

* The bar in red indicates where NN Group NV's Net Margin % falls into.

NN Group NV 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.

NN Group NV'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 )
	=	1278.081	/	11967.285
	=	10.68 %

NN Group NV'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 )
	=	639.04	/	6105.78
	=	10.47 %

NN Group NV (OTCPK:NNGRY) 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.

NN Group NV Net Margin % Related Terms

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NN Group NV (NN Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NN Group NV (OTCPK:NNGRY) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

NNGPF:USA NN:Netherlands NNa:UK 0QVV:UK 2NN:Germany NN:Austria

Address

Schenkkade 65, The Hague, ZH, NLD, 2595 AS

Website

https://www.nn-group.com

Nationale Nederlanden Group is a European insurance company that primarily sells long-term savings in the Netherlands. The business is made up of four divisions: Netherlands life; Netherlands nonlife; insurance Europe; and Japan life. The Netherlands life business is the biggest division of the company and tends to generate around three quarters of operating income. That business sells traditional spread-based long-term savings and the new style-defined contribution savings products. Since 2022, assets that are managed to support the traditional savings products and in-house part of defined contribution products are managed by Goldman Sachs. Since around 2013, NN has managed its individual life insurance business as being closed to new business.