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Oman United Insurance CoOG (MUS:OUIC) Pretax Margin % : 13.85% (As of Mar. 2023)


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What is Oman United Insurance CoOG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Oman United Insurance CoOG's Pre-Tax Income for the three months ended in Mar. 2023 was ر.ع0.88 Mil. Oman United Insurance CoOG's Revenue for the three months ended in Mar. 2023 was ر.ع6.35 Mil. Therefore, Oman United Insurance CoOG's pretax margin for the quarter that ended in Mar. 2023 was 13.85%.

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


MUS:OUIC's Pretax Margin % is not ranked *
in the Insurance industry.
Industry Median: 10.14
* Ranked among companies with meaningful Pretax Margin % only.

Oman United Insurance CoOG Pretax Margin % Historical Data

The historical data trend for Oman United Insurance CoOG'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.

Oman United Insurance CoOG Pretax Margin % Chart

Oman United Insurance CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.56 16.00 19.93 24.98 21.10

Oman United Insurance CoOG Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 32.42 21.97 -3.98 11.79 13.85

Competitive Comparison of Oman United Insurance CoOG's Pretax Margin %

For the Insurance - Reinsurance subindustry, Oman United Insurance CoOG'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.


Oman United Insurance CoOG's Pretax Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Oman United Insurance CoOG's Pretax Margin % falls into.



Oman United Insurance CoOG 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.

Oman United Insurance CoOG's Pretax Margin for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=4.671/22.134
=21.10 %

Oman United Insurance CoOG's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=0.879/6.347
=13.85 %

* 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.


Oman United Insurance CoOG  (MUS:OUIC) 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.


Oman United Insurance CoOG Pretax Margin % Related Terms

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Oman United Insurance CoOG (MUS:OUIC) Business Description

Traded in Other Exchanges
N/A
Address
Al Khuwair Street, P.O.Box 1522, Ruwi, Muscat, OMN, 112
Oman United Insurance Co SAOG is an insurance company. It is engaged in the underwriting of general and life and medical insurance business and in the repair and maintenance of motor vehicles. It operates in two segments General insurance and Life insurance. General insurance business includes insurance and re-insurance of motor, fire, general accident, marine cargo, hull, workmen compensation, engineering, and aviation. Life insurance relates to the insuring of the life of an individual, group life and group medical. It operates within the Sultanate of Oman with the highest revenue generated from General insurance segment.

Oman United Insurance CoOG (MUS:OUIC) Headlines

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