Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Everest Group's Pre-Tax Income for the
three
months ended in Dec. 2023 was $271 Mil. Everest Group's Revenue for the
three
months ended in Dec. 2023 was $3,632 Mil. Therefore, Everest Group's pretax margin for the quarter that ended in Dec. 2023 was 7.46%.
The historical rank and industry rank for Everest Group's Pretax Margin % or its related term are showing as below:
EG'
s Pretax Margin % Range Over the Past 10 Years
Min: -3.33 Med: 13.61 Max: 24.42
Current: 14.89
EG's Pretax Margin % is ranked better than 67.9% of 486
companies
in the Insurance industry
Industry Median: 9.835
vs EG: 14.89
Everest Group Pretax Margin % Historical Data
The historical data trend for Everest 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.
Competitive Comparison of Everest Group's Pretax Margin %
For the Insurance - Reinsurance subindustry, Everest 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.
Everest Group's Pretax Margin % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Everest Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Everest Group's Pretax Margin % falls into.
Everest 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.
Everest Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Everest Group (NYSE:EG) 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.
Everest Group Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Everest Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Everest Group (Everest Group) Business Description
Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.
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