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Hamilton Insurance Group (Hamilton Insurance Group) Pretax Margin % : 41.44% (As of Mar. 2024)


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What is Hamilton Insurance Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hamilton Insurance Group's Pre-Tax Income for the three months ended in Mar. 2024 was $278 Mil. Hamilton Insurance Group's Revenue for the three months ended in Mar. 2024 was $671 Mil. Therefore, Hamilton Insurance Group's pretax margin for the quarter that ended in Mar. 2024 was 41.44%.

The historical rank and industry rank for Hamilton Insurance Group's Pretax Margin % or its related term are showing as below:

HG' s Pretax Margin % Range Over the Past 10 Years
Min: -23.52   Med: 6.84   Max: 24.5
Current: 24.5


HG's Pretax Margin % is ranked better than
81.97% of 488 companies
in the Insurance industry
Industry Median: 10.115 vs HG: 24.50

Hamilton Insurance Group Pretax Margin % Historical Data

The historical data trend for Hamilton Insurance Group'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.

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Hamilton Insurance Group Pretax Margin % Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23
Pretax Margin %
-23.52 19.62 -2.10 15.77

Hamilton Insurance Group Quarterly Data
Nov20 Nov21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.30 11.96 13.51 20.03 41.44

Competitive Comparison of Hamilton Insurance Group's Pretax Margin %

For the Insurance - Reinsurance subindustry, Hamilton Insurance Group'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.


Hamilton Insurance Group's Pretax Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Hamilton Insurance Group's Pretax Margin % falls into.



Hamilton Insurance Group 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.

Hamilton Insurance Group'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 )
=255.221/1617.883
=15.77 %

Hamilton Insurance Group'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 )
=277.924/670.595
=41.44 %

* 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.


Hamilton Insurance Group  (NYSE:HG) 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.


Hamilton Insurance Group Pretax Margin % Related Terms

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Hamilton Insurance Group (Hamilton Insurance Group) Business Description

Comparable Companies
Traded in Other Exchanges
Address
90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Hamilton Insurance Group Ltd is a Global specialty insurance and reinsurance company. It operates globally, with underwriting operations in Lloyd's, Ireland, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select and Hamilton Re) that are categorized into two reporting business segments (International and Bermuda).