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Global Indemnity Group LLC (Global Indemnity Group LLC) Pretax Margin % : 8.00% (As of Dec. 2023)


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What is Global Indemnity Group LLC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Global Indemnity Group LLC's Pre-Tax Income for the three months ended in Dec. 2023 was $8.7 Mil. Global Indemnity Group LLC's Revenue for the three months ended in Dec. 2023 was $109.3 Mil. Therefore, Global Indemnity Group LLC's pretax margin for the quarter that ended in Dec. 2023 was 8.00%.

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

GBLI' s Pretax Margin % Range Over the Past 10 Years
Min: -15.22   Med: 5.46   Max: 21.33
Current: 6.24


GBLI's Pretax Margin % is ranked worse than
65.23% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs GBLI: 6.24

Global Indemnity Group LLC Pretax Margin % Historical Data

The historical data trend for Global Indemnity Group LLC'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.

Global Indemnity Group LLC Pretax Margin % Chart

Global Indemnity Group LLC 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 13.53 -4.99 4.84 0.31 6.24

Global Indemnity Group LLC 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 1.13 2.03 8.25 7.51 8.00

Competitive Comparison of Global Indemnity Group LLC's Pretax Margin %

For the Insurance - Property & Casualty subindustry, Global Indemnity Group LLC'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.


Global Indemnity Group LLC's Pretax Margin % Distribution in the Insurance Industry

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

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



Global Indemnity Group LLC 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.

Global Indemnity Group LLC'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 )
=32.976/528.129
=6.24 %

Global Indemnity Group LLC'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 )
=8.738/109.261
=8.00 %

* 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.


Global Indemnity Group LLC  (NYSE:GBLI) 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.


Global Indemnity Group LLC Pretax Margin % Related Terms

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Global Indemnity Group LLC (Global Indemnity Group LLC) Business Description

Traded in Other Exchanges
N/A
Address
112 S. French Street, Suite 105, Wilmington, NC, USA, 19801
Global Indemnity Group LLC provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide. The company's three primary segments are Commercial Specialty, Reinsurance operations, and Exited Lines. The majority of its revenue is from the Commercial Specialty segment. Geographically, the majority is from California.
Executives
Bevan Olson Greibesland officer: SVP - Programs 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Fred Robert Donner director GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Gary Charles Tolman director C/O GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Seth Gersch director C/O UNITED AMERICA INDEMNITY GROUP, INC., SUITE 605, BALA CYNWYD PA 19004
Joseph W Brown director C/O SAFECO, 4333 BROOKLYN AVENUE NE, SEATTLE WA 98185
Reiner Ralf Mauer officer: Chief Operating Officer 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
David S Charlton director 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Holt James Richard Jr director 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Bruce R Lederman director 2601 OCEAN PARK BLVD. SUITE 320, SANTA MONCICA CA 90405-5216
David C Elliott officer: Sr. Vice President, Claims 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Stanley K Lam officer: Senior Vice President 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Saul A Fox director, 10 percent owner 950 TOWER LANE, SUITE 1150, FOSTER CITY CA 94404
James D Wehr director 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Stephen Green officer: President, Wind River Reinsur. 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Thomas P. Gibbons officer: Executive Vice Presdient 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004

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