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Storebrand ASA (OSL:STB) Pretax Margin % : 2.92% (As of Mar. 2024)


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What is Storebrand ASA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Storebrand ASA's Pre-Tax Income for the three months ended in Mar. 2024 was kr1,085 Mil. Storebrand ASA's Revenue for the three months ended in Mar. 2024 was kr37,127 Mil. Therefore, Storebrand ASA's pretax margin for the quarter that ended in Mar. 2024 was 2.92%.

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

OSL:STB' s Pretax Margin % Range Over the Past 10 Years
Min: -6.07   Med: 4.32   Max: 8.23
Current: 4.67


OSL:STB's Pretax Margin % is ranked better than
50.44% of 113 companies
in the Diversified Financial Services industry
Industry Median: 4.43 vs OSL:STB: 4.67

Storebrand ASA Pretax Margin % Historical Data

The historical data trend for Storebrand ASA'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.

Storebrand ASA Pretax Margin % Chart

Storebrand ASA 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 2.98 5.56 5.75 -6.07 4.60

Storebrand ASA 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 5.97 110.78 -15.17 2.51 2.92

Competitive Comparison of Storebrand ASA's Pretax Margin %

For the Financial Conglomerates subindustry, Storebrand ASA'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.


Storebrand ASA's Pretax Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Storebrand ASA's Pretax Margin % falls into.



Storebrand ASA 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.

Storebrand ASA'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 )
=3294/71671
=4.60 %

Storebrand ASA'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 )
=1085/37127
=2.92 %

* 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.


Storebrand ASA  (OSL:STB) 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.


Storebrand ASA Pretax Margin % Related Terms

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Storebrand ASA (OSL:STB) Business Description

Traded in Other Exchanges
Address
Professor Kohts vei 9, P.O. Box 474, Lysaker, NOR, N-1327
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into nonguaranteed savings, insurance, and guaranteed pensions. The savings segment includes products for retirement savings with no interest rate guarantees. The segment consists of defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden. It provides health, property & casualty, personal risk products, and employee-related & pension-related insurance. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return.