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Ambac Financial Group (Ambac Financial Group) Pretax Margin % : -21.92% (As of Dec. 2023)


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What is Ambac Financial Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ambac Financial Group's Pre-Tax Income for the three months ended in Dec. 2023 was $-16.0 Mil. Ambac Financial Group's Revenue for the three months ended in Dec. 2023 was $73.0 Mil. Therefore, Ambac Financial Group's pretax margin for the quarter that ended in Dec. 2023 was -21.92%.

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

AMBC' s Pretax Margin % Range Over the Past 10 Years
Min: -282.05   Med: 12.72   Max: 123.24
Current: 4.56


AMBC's Pretax Margin % is ranked worse than
73.66% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs AMBC: 4.56

Ambac Financial Group Pretax Margin % Historical Data

The historical data trend for Ambac Financial 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.

* Premium members only.

Ambac Financial Group Pretax Margin % Chart

Ambac Financial Group 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 -36.90 -282.05 0.81 123.24 4.51

Ambac Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 88.72 -50.88 -18.03 94.44 -21.92

Competitive Comparison of Ambac Financial Group's Pretax Margin %

For the Insurance - Specialty subindustry, Ambac Financial 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.


Ambac Financial Group's Pretax Margin % Distribution in the Insurance Industry

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

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



Ambac Financial 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.

Ambac Financial 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 )
=12/266
=4.51 %

Ambac Financial Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-16/73
=-21.92 %

* 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.


Ambac Financial Group  (NYSE:AMBC) 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.


Ambac Financial Group Pretax Margin % Related Terms

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


Ambac Financial Group (Ambac Financial Group) Business Description

Traded in Other Exchanges
Address
One World Trade Center, New York, NY, USA, 10007
Ambac Financial Group Incis a financial services holding company. The business operations of the company include Legacy Financial Guarantee Insurance, Specialty Property and Casualty Insurance and Insurance Distribution. The Company has three reportable segments namely Legacy Financial Guarantee Insurance, Specialty Property and Casualty Insurance and Insurance Distribution. Majority of revenues are earned from Legacy Financial Guarantee Insurance segment.
Executives
Claude Leblanc director, officer: Chief Executive Officer ONE BERMUDIANA ROAD, HAMILTON D0 HM 11
Kristi Ann Matus director C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Michael D Price director 67 ORCHARD DRIVE, NEW CANAAN CT 06840
C James Prieur director
Lisa G Iglesias director 1 FOUNTAIN SQUARE, LAW DEPT. 7S730, CHATTANOOGA TN 37402
David Trick officer: Sr. MD., CFO & Treasurer AMBAC FINANCIAL GROUP, INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Daniel Mcginnis officer: Sr. MD & COO C/O AMBAC FINANCIAL GROUP, INC., ONE WORLD TRADE CENTER, 41ST FLOOR, NEW YORK NY 10007
R Sharon Smith officer: Senior Managing Director ONE STATE STREET PLAZA, NEW YORK NY 10004
Robert Bryan Eisman officer: Sr. MD & CAO AMBAC FINANCIAL GROUP INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Jeffrey Scott Stein director 601 TRAVIS, SUITE 1400, HOUSTON TX 77002
Stephen Michael Ksenak officer: Sr. MD & General Counsel AMBAC FINANCIAL GROUP, INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Joan M Lammtennant director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
David Barranco officer: Senior Managing Director C/O AMBAC FINANCIAL GROUP INC, ONE STATE STREET PLAZA, NEW YORK NY 10004
Tavakoli Nader director 551 FIFTH AVE 334TH FL, NEW YORK NY 10176
Alexander David Greene director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956

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