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CIG Pannonia Life Insurance OJSC (BUD:CIGPANNONIA) Pretax Margin % : 7.89% (As of Sep. 2023)


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What is CIG Pannonia Life Insurance OJSC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CIG Pannonia Life Insurance OJSC's Pre-Tax Income for the three months ended in Sep. 2023 was Ft825 Mil. CIG Pannonia Life Insurance OJSC's Revenue for the three months ended in Sep. 2023 was Ft10,450 Mil. Therefore, CIG Pannonia Life Insurance OJSC's pretax margin for the quarter that ended in Sep. 2023 was 7.89%.

The historical rank and industry rank for CIG Pannonia Life Insurance OJSC's Pretax Margin % or its related term are showing as below:

BUD:CIGPANNONIA' s Pretax Margin % Range Over the Past 10 Years
Min: -3.34   Med: 4.52   Max: 9.89
Current: 3.62


BUD:CIGPANNONIA's Pretax Margin % is ranked worse than
77.11% of 485 companies
in the Insurance industry
Industry Median: 9.87 vs BUD:CIGPANNONIA: 3.62

CIG Pannonia Life Insurance OJSC Pretax Margin % Historical Data

The historical data trend for CIG Pannonia Life Insurance OJSC's Pretax 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.

CIG Pannonia Life Insurance OJSC Pretax Margin % Chart

CIG Pannonia Life Insurance OJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.03 -1.16 3.67 5.12 4.76

CIG Pannonia Life Insurance OJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Pretax 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 14.03 2.88 5.33 -107.41 7.89

Competitive Comparison of CIG Pannonia Life Insurance OJSC's Pretax Margin %

For the Insurance - Life subindustry, CIG Pannonia Life Insurance OJSC's Pretax Margin %, along with its competitors' market caps and Pretax 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.


CIG Pannonia Life Insurance OJSC's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, CIG Pannonia Life Insurance OJSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CIG Pannonia Life Insurance OJSC's Pretax Margin % falls into.



CIG Pannonia Life Insurance OJSC Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

CIG Pannonia Life Insurance OJSC's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=1365.941/28667.744
=4.76 %

CIG Pannonia Life Insurance OJSC's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=825/10450
=7.89 %

* 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.


CIG Pannonia Life Insurance OJSC  (BUD:CIGPANNONIA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


CIG Pannonia Life Insurance OJSC Pretax Margin % Related Terms

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CIG Pannonia Life Insurance OJSC (BUD:CIGPANNONIA) Business Description

Traded in Other Exchanges
Address
11 Könyves Kálmán Krt, Building B, Népliget Center Business Center, Budapest, HUN, 1097
CIG Pannonia Life Insurance OJSC is an insurance company. It mainly sells various insurance products including unit-linked life insurance, term life insurance, endowment insurance, health insurance, casco, freight liability and suretyship insurance and also offers investment fund management and portfolio management. The company carries its activities in Hungary, Romania, Slovakia, Poland, Lithuania, and Italy. In addition, the company sells riders and non-life insurance products.

CIG Pannonia Life Insurance OJSC (BUD:CIGPANNONIA) Headlines

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