GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Suncorp Group Ltd (ASX:SUNPE.PFD) » Definitions » Pretax Margin %

Suncorp Group (ASX:SUNPE.PFD) Pretax Margin % : 9.94% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Suncorp Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Suncorp Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$870.00 Mil. Suncorp Group's Revenue for the six months ended in Dec. 2023 was A$8,752.00 Mil. Therefore, Suncorp Group's pretax margin for the quarter that ended in Dec. 2023 was 9.94%.

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

ASX:SUNPE.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: 7.49   Med: 12.06   Max: 12.69
Current: 10.36


ASX:SUNPE.PFD's Pretax Margin % is ranked better than
52.47% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs ASX:SUNPE.PFD: 10.36

Suncorp Group Pretax Margin % Historical Data

The historical data trend for Suncorp 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.

Suncorp Group Pretax Margin % Chart

Suncorp Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.04 7.95 12.56 7.49 11.21

Suncorp Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 9.50 5.13 11.62 10.83 9.94

Competitive Comparison of Suncorp Group's Pretax Margin %

For the Insurance - Property & Casualty subindustry, Suncorp 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.


Suncorp Group's Pretax Margin % Distribution in the Insurance Industry

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

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



Suncorp 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.

Suncorp Group's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=1642/14650
=11.21 %

Suncorp 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 )
=870/8752
=9.94 %

* 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.


Suncorp Group  (ASX:SUNPE.PFD) 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.


Suncorp Group Pretax Margin % Related Terms

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


Suncorp Group (ASX:SUNPE.PFD) Business Description

Address
80 Ann Street, Level 23, Heritage Lanes, Brisbane, QLD, AUS, 4000
Suncorp is a Queensland-based financial services conglomerate offering retail and business banking, general insurance, superannuation, and investment products in Australia and New Zealand. It also operates a life insurance business in New Zealand. The core businesses include personal insurance, commercial insurance, Vero New Zealand, and Suncorp Bank. Suncorp and competitors IAG Insurance and QBE Insurance dominate the Australian and New Zealand insurance markets.

Suncorp Group (ASX:SUNPE.PFD) Headlines

No Headlines