GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » UTG Inc (OTCPK:UTGN) » Definitions » Pretax Margin %

UTG (UTGN) Pretax Margin % : 69.63% (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is UTG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. UTG's Pre-Tax Income for the three months ended in Mar. 2024 was $11.61 Mil. UTG's Revenue for the three months ended in Mar. 2024 was $16.68 Mil. Therefore, UTG's pretax margin for the quarter that ended in Mar. 2024 was 69.63%.

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

UTGN' s Pretax Margin % Range Over the Past 10 Years
Min: 0.94   Med: 18.61   Max: 62.92
Current: 49.49


UTGN's Pretax Margin % is ranked better than
93.43% of 487 companies
in the Insurance industry
Industry Median: 10.14 vs UTGN: 49.49

UTG Pretax Margin % Historical Data

The historical data trend for UTG'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.

UTG Pretax Margin % Chart

UTG 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 45.54 9.34 33.09 62.92 7.55

UTG 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 293.75 3.75 45.40 50.40 69.63

Competitive Comparison of UTG's Pretax Margin %

For the Insurance - Life subindustry, UTG'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.


UTG's Pretax Margin % Distribution in the Insurance Industry

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

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



UTG 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.

UTG'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 )
=1.926/25.523
=7.55 %

UTG'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 )
=11.611/16.676
=69.63 %

* 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.


UTG  (OTCPK:UTGN) 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.


UTG Pretax Margin % Related Terms

Thank you for viewing the detailed overview of UTG's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


UTG (UTGN) Business Description

Traded in Other Exchanges
N/A
Address
205 North Depot Street, Stanford, KY, USA, 40484
UTG Inc operates as a life insurance holding company. The company's primary business is individual life insurance which includes the servicing of existing insurance business in force and the acquisition of other companies in the insurance business and administration processing of life insurance business for other entities. Its product offering is the Tradition policy which is a fixed premium whole life insurance policy. Premiums are level and payable for life. Issue ages are 0-75. The second is the annuity product, which is a five-year, single premium product. The company's investment portfolio consists of fixed maturities, equity securities, trading securities, mortgage loans, notes receivable and real estate to provide funding for future policy contractual obligations.
Executives
Daniel T Roberts officer: Vice President 205 NORTH DEPOT STREET, STANFORD KY 40484
Jesse T Correll director, 10 percent owner, officer: Chairman & CEO
Bradley John Betack officer: Secretary 205 NORTH DEPOT STREET, STANFORD KY 40484
John Cortines director 205 NORTH DEPOT STREET, STANFORD KY 40484
Preston Howard Correll director 205 NORTH DEPOT STREET, STANFORD KY 40484
April Chapman director 205 NORTH DEPOT STREET, STANFORD KY 40484
First Southern Funding Llc 10 percent owner
Cumberland Lake Shell Inc 10 percent owner PO BOX 430, SOMERSET KY 42502
Kirk A. Correll 10 percent owner P.O. BOX 328, 99 LANCASTER STREET, STANFORD KY 40484
Estate Of Ward F. Correll 10 percent owner P.O. BOX 328, 99 LANCASTER STREET, STANFORD KY 40484
James Patrick Rousey director, officer: President 5250 SOUTH SIXTH STREET, SPRINGFIELD IL 62703
Douglas Paul Ditto officer: Vice President 5250 SOUTH SIXTH STREET, SPRINGFIELD IL 62703
Thomas Eugene Harmon director 5250 SOUTH SIXTH STREET, SPRINGFIELD IL 62703
Gabriel John Molnar director 12910 SHELBYVILLE RD #200, LOUISVILLE KY 40243
Brian J Crall director 101 PORTSMOUTH LANE, FRANKFORT KY 40601

UTG (UTGN) Headlines

From GuruFocus

Utg Inc (UTGN) Chairman & CEO Jesse T Correll Bought $1.2 million of Shares

By GuruFocus Research GuruFocus Editor 08-17-2020