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E-L Financial (TSX:ELF.PR.G.PFD) Net Margin %

: 29.27% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. E-L Financial's Net Income for the three months ended in Dec. 2023 was C$521.78 Mil. E-L Financial's Revenue for the three months ended in Dec. 2023 was C$1,782.65 Mil. Therefore, E-L Financial's net margin for the quarter that ended in Dec. 2023 was 29.27%.

The historical rank and industry rank for E-L Financial's Net Margin % or its related term are showing as below:

TSX:ELF.PR.G.PFD' s Net Margin % Range Over the Past 10 Years
Min: 2.63   Med: 26.32   Max: 50.17
Current: 30.97


TSX:ELF.PR.G.PFD's Net Margin % is ranked better than
91.96% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs TSX:ELF.PR.G.PFD: 30.97

E-L Financial Net Margin % Historical Data

The historical data trend for E-L Financial'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.

E-L Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.73 19.64 50.17 28.12 31.69

E-L Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 49.27 30.24 29.78 17.70 29.27

Competitive Comparison

For the Insurance - Life subindustry, E-L Financial'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.


E-L Financial Net Margin % Distribution

For the Insurance industry and Financial Services sector, E-L Financial's Net Margin % distribution charts can be found below:

* The bar in red indicates where E-L Financial's Net Margin % falls into.



E-L Financial 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.

E-L Financial'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 )
=955.279/3014.215
=31.69 %

E-L Financial'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 )
=521.777/1782.653
=29.27 %

* 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.


E-L Financial  (TSX:ELF.PR.G.PFD) 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.


E-L Financial Net Margin % Related Terms

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E-L Financial (TSX:ELF.PR.G.PFD) Business Description

Address
165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8
E-L Financial Corp Ltd operates as an investment and insurance holding company that provides a broad range of wealth management products, individual insurance products, group plans, and financial services to meet the needs of individuals, professionals, and businesses. The firm has two segments; The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products, and the E-L Corporate segment operations include the oversight of investments in equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies. The firm generates a majority of its revenue from the E-L Corporate segment.

E-L Financial (TSX:ELF.PR.G.PFD) Headlines

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