GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sun Life Financial Inc (PHS:SLF) » Definitions » Pretax Margin %
中文

Sun Life Financial (PHS:SLF) Pretax Margin % : 4.23% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Sun Life Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sun Life Financial's Pre-Tax Income for the three months ended in Dec. 2023 was ₱33,965 Mil. Sun Life Financial's Revenue for the three months ended in Dec. 2023 was ₱803,641 Mil. Therefore, Sun Life Financial's pretax margin for the quarter that ended in Dec. 2023 was 4.23%.

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

PHS:SLF' s Pretax Margin % Range Over the Past 10 Years
Min: -87.67   Med: 10.77   Max: 15.04
Current: 12


PHS:SLF's Pretax Margin % is ranked better than
58.76% of 485 companies
in the Insurance industry
Industry Median: 9.8 vs PHS:SLF: 12.00

Sun Life Financial Pretax Margin % Historical Data

The historical data trend for Sun Life Financial'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.

Sun Life Financial Pretax Margin % Chart

Sun Life Financial 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 8.15 7.58 14.28 -87.67 12.03

Sun Life Financial 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 325.57 13.05 15.55 776.97 4.23

Competitive Comparison of Sun Life Financial's Pretax Margin %

For the Insurance - Diversified subindustry, Sun Life Financial'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.


Sun Life Financial's Pretax Margin % Distribution in the Insurance Industry

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

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



Sun Life Financial 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.

Sun Life Financial'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 )
=169610.126/1409360.886
=12.03 %

Sun Life Financial'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 )
=33965.183/803641.262
=4.23 %

* 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.


Sun Life Financial  (PHS:SLF) 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.


Sun Life Financial Pretax Margin % Related Terms

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


Sun Life Financial (PHS:SLF) Business Description

Address
1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6
Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.