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Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Pretax Margin % : 28.49% (As of Mar. 2024)


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What is Dubai National Insurance & Reinsurance PSC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Dubai National Insurance & Reinsurance PSC's Pre-Tax Income for the three months ended in Mar. 2024 was د.إ25.6 Mil. Dubai National Insurance & Reinsurance PSC's Revenue for the three months ended in Mar. 2024 was د.إ89.8 Mil. Therefore, Dubai National Insurance & Reinsurance PSC's pretax margin for the quarter that ended in Mar. 2024 was 28.49%.

The historical rank and industry rank for Dubai National Insurance & Reinsurance PSC's Pretax Margin % or its related term are showing as below:

DFM:DNIR' s Pretax Margin % Range Over the Past 10 Years
Min: 18.08   Med: 31.03   Max: 38.3
Current: 18.17


DFM:DNIR's Pretax Margin % is ranked better than
73.36% of 488 companies
in the Insurance industry
Industry Median: 10.115 vs DFM:DNIR: 18.17

Dubai National Insurance & Reinsurance PSC Pretax Margin % Historical Data

The historical data trend for Dubai National Insurance & Reinsurance PSC'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.

Dubai National Insurance & Reinsurance PSC Pretax Margin % Chart

Dubai National Insurance & Reinsurance PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.51 32.82 38.30 22.90 18.08

Dubai National Insurance & Reinsurance PSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.10 13.70 8.82 20.11 28.49

Competitive Comparison of Dubai National Insurance & Reinsurance PSC's Pretax Margin %

For the Insurance - Diversified subindustry, Dubai National Insurance & Reinsurance PSC'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.


Dubai National Insurance & Reinsurance PSC's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dubai National Insurance & Reinsurance PSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Dubai National Insurance & Reinsurance PSC's Pretax Margin % falls into.



Dubai National Insurance & Reinsurance PSC 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.

Dubai National Insurance & Reinsurance PSC's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=47.12/260.561
=18.08 %

Dubai National Insurance & Reinsurance PSC's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=25.593/89.836
=28.49 %

* 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.


Dubai National Insurance & Reinsurance PSC  (DFM:DNIR) 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.


Dubai National Insurance & Reinsurance PSC Pretax Margin % Related Terms

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Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Business Description

Traded in Other Exchanges
N/A
Address
Dubai National Insurance Building, P.O. Box 1806, 7th & 9th Floor and Ground Floor, Deira, Port Saeed, Opposite to Deira City Centre, Dubai, ARE
Dubai National Insurance & Reinsurance PSC is engaged in providing insurance and reinsurance services. The company's insurance services consist of commercial insurance that includes motor fleet insurance, group medical insurance, engineering, general accidents, liability, marine, property, and group life, and personal accident insurance. Its personal insurance includes motor insurance, medical insurance, and travel insurance. Its segments include the Underwriting segment which is divided into general Insurance and life Insurance; and the Investments segment which is divided into Investment Property and Financial Assets. The company generates maximum revenue from the Underwriting segment.

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Headlines

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