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Intact Financial (TSX:IFC) Pretax Margin % : 11.34% (As of Dec. 2023)


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What is Intact Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Intact Financial's Pre-Tax Income for the three months ended in Dec. 2023 was C$736 Mil. Intact Financial's Revenue for the three months ended in Dec. 2023 was C$6,491 Mil. Therefore, Intact Financial's pretax margin for the quarter that ended in Dec. 2023 was 11.34%.

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

TSX:IFC' s Pretax Margin % Range Over the Past 10 Years
Min: 7.34   Med: 10.44   Max: 15.3
Current: 7.74


TSX:IFC's Pretax Margin % is ranked worse than
58.02% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs TSX:IFC: 7.74

Intact Financial Pretax Margin % Historical Data

The historical data trend for Intact 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.

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Intact Financial Pretax Margin % Chart

Intact 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 7.34 10.91 14.61 15.30 8.17

Intact 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 8.32 9.26 6.09 3.42 11.34

Competitive Comparison of Intact Financial's Pretax Margin %

For the Insurance - Property & Casualty subindustry, Intact 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.


Intact Financial's Pretax Margin % Distribution in the Insurance Industry

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

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



Intact 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.

Intact 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 )
=1804/22089
=8.17 %

Intact 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 )
=736/6491
=11.34 %

* 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.


Intact Financial  (TSX:IFC) 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.


Intact Financial Pretax Margin % Related Terms

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Intact Financial (TSX:IFC) Business Description

Address
700 University Avenue, Suite 1500, Toronto, ON, CAN, M5G 0A1
Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company's direct premiums are written in the personal automotive space. Intact directly manages its investments through subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities. Its asset mix is designed to generate interest and dividend income.

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