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Sagicor Group Jamaica (XJAM:SJ) Pretax Margin % : 8.34% (As of Mar. 2024)


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What is Sagicor Group Jamaica Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sagicor Group Jamaica's Pre-Tax Income for the three months ended in Mar. 2024 was JMD1,777 Mil. Sagicor Group Jamaica's Revenue for the three months ended in Mar. 2024 was JMD21,317 Mil. Therefore, Sagicor Group Jamaica's pretax margin for the quarter that ended in Mar. 2024 was 8.34%.

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

XJAM:SJ' s Pretax Margin % Range Over the Past 10 Years
Min: 8.34   Med: 22.85   Max: 33.51
Current: 8.34


XJAM:SJ's Pretax Margin % is ranked worse than
59.8% of 490 companies
in the Insurance industry
Industry Median: 10.375 vs XJAM:SJ: 8.34

Sagicor Group Jamaica Pretax Margin % Historical Data

The historical data trend for Sagicor Group Jamaica'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.

Sagicor Group Jamaica Pretax Margin % Chart

Sagicor Group Jamaica 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 22.18 11.88 23.51 33.51 27.59

Sagicor Group Jamaica Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 21.81 -2.64 14.37 - 8.34

Competitive Comparison of Sagicor Group Jamaica's Pretax Margin %

For the Insurance - Life subindustry, Sagicor Group Jamaica'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.


Sagicor Group Jamaica's Pretax Margin % Distribution in the Insurance Industry

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

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



Sagicor Group Jamaica 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.

Sagicor Group Jamaica'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 )
=19061.73/69082.928
=27.59 %

Sagicor Group Jamaica'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 )
=1776.811/21317.456
=8.34 %

* 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.


Sagicor Group Jamaica  (XJAM:SJ) 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.


Sagicor Group Jamaica Pretax Margin % Related Terms

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Sagicor Group Jamaica (XJAM:SJ) Business Description

Traded in Other Exchanges
N/A
Address
28 - 48 Barbados Avenue, R. Danny Williams Building, Kingston, JAM, 5
Sagicor Group Jamaica Ltd is a financial services company. The company's business segment includes Individual Lines, Employee Benefits, Commercial Banking, Investment Banking, and others. It generates revenue largely from the Individual Lines segment. The Individual Insurance segment provides individual clients with life and health insurance policies, individual annuities, investment products, living benefits, and other insurance-related solutions through various products. Geographically, it derives a majority of its revenue from Jamaica.