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F&G Annuities & Life (F&G Annuities & Life) Pretax Margin % : 9.37% (As of Mar. 2024)


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What is F&G Annuities & Life Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. F&G Annuities & Life's Pre-Tax Income for the three months ended in Mar. 2024 was $142 Mil. F&G Annuities & Life's Revenue for the three months ended in Mar. 2024 was $1,515 Mil. Therefore, F&G Annuities & Life's pretax margin for the quarter that ended in Mar. 2024 was 9.37%.

The historical rank and industry rank for F&G Annuities & Life's Pretax Margin % or its related term are showing as below:

FG' s Pretax Margin % Range Over the Past 10 Years
Min: -0.82   Med: 29.33   Max: 45.85
Current: 6.23


FG's Pretax Margin % is ranked worse than
66.46% of 486 companies
in the Insurance industry
Industry Median: 10.115 vs FG: 6.23

F&G Annuities & Life Pretax Margin % Historical Data

The historical data trend for F&G Annuities & Life'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.

F&G Annuities & Life Pretax Margin % Chart

F&G Annuities & Life Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
23.22 - 45.85 35.43 -0.82

F&G Annuities & Life Quarterly Data
Dec19 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 -25.00 14.50 48.53 -24.16 9.37

Competitive Comparison of F&G Annuities & Life's Pretax Margin %

For the Insurance - Life subindustry, F&G Annuities & Life'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.


F&G Annuities & Life's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, F&G Annuities & Life's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where F&G Annuities & Life's Pretax Margin % falls into.



F&G Annuities & Life 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.

F&G Annuities & Life'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 )
=-35/4271
=-0.82 %

F&G Annuities & Life'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 )
=142/1515
=9.37 %

* 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.


F&G Annuities & Life  (NYSE:FG) 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.


F&G Annuities & Life Pretax Margin % Related Terms

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F&G Annuities & Life (F&G Annuities & Life) Business Description

Traded in Other Exchanges
N/A
Address
801 Grand Avenue, Suite 2600, Des Moines, IA, USA, 50309
F&G Annuities & Life Inc is a provider of insurance solutions serving retail annuity and life customers as well as institutional clients. Through its insurance subsidiaries, including FGL Insurance and Fidelity & Guaranty Life Insurance Company of New York it markets a broad portfolio of deferred annuities (fixed indexed annuities (FIAs) and multi-year guarantee annuities (MYGAs) or other fixed rate annuities), immediate annuities, indexed universal life (IUL) insurance, funding agreements (through funding agreement-backed notes (FABN) issuances and the Federal Home Loan Bank of Atlanta (FHLB)) and pension risk transfer (PRT) solutions.
Executives
Christopher O Blunt officer: President & CEO 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Doka Celina J. Wang director 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Douglas K Ammerman director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Douglas Martinez director 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Currier John David Jr. officer: President, Retail Markets 601 LOCUST STREET, 14TH FLOOR, DES MOINES IA 50309
Scott D. Cochran officer: President, Inst. & New Markets 1370 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Young Wendy J.b. officer: CFO TWO RUAN CENTER, 601 LOCUST STREET, 14TH FLOOR, DES MOINES IA 50309
Leena Punjabi officer: Chief Investment Officer 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
David Edward Martin officer: CRO 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
Foley William P Ii director, officer: Exec Chairman of the Board FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Fidelity National Financial, Inc. 10 percent owner 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
John D Rood director 3020 HARTLEY ROAD SUITE 300, JACKSONVILLE FL 32257
Raymond R Quirk director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Michael Joseph Nolan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204