Swiss Re AG (XSWX:SREN) Pretax Margin % : 10.08% (As of Dec. 2023)

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What is Swiss Re AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Swiss Re AG's Pre-Tax Income for the six months ended in Dec. 2023 was CHF2,234 Mil. Swiss Re AG's Revenue for the six months ended in Dec. 2023 was CHF22,158 Mil. Therefore, Swiss Re AG's pretax margin for the quarter that ended in Dec. 2023 was 10.08%.

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

XSWX:SREN' s Pretax Margin % Range Over the Past 10 Years
Min: -2.49 Med: 2.92 Max: 14.92
Current: 8.9

XSWX:SREN's Pretax Margin % is ranked worse than
54.02% of 485 companies
in the Insurance industry
Industry Median: 9.87 vs XSWX:SREN: 8.90

Swiss Re AG Pretax Margin % Historical Data

The historical data trend for Swiss Re AG'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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Swiss Re AG Pretax Margin % Chart

Swiss Re AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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1.85

-2.49

3.99

1.41

8.92

Swiss Re AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															1.99	0.99	1.81	7.69	10.08

Competitive Comparison of Swiss Re AG's Pretax Margin %

For the Insurance - Reinsurance subindustry, Swiss Re AG'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.

Swiss Re AG's Pretax Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Swiss Re AG's Pretax Margin % falls into.

Swiss Re AG 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.

Swiss Re AG'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 )
	=	3837.982	/	43009.098
	=	8.92 %

Swiss Re AG'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 )
	=	2233.778	/	22157.906
	=	10.08 %

Swiss Re AG (XSWX:SREN) 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.

Swiss Re AG Pretax Margin % Related Terms

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Swiss Re AG (XSWX:SREN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Re AG (XSWX:SREN) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

SSREY:USA SSREF:USA SREN:Mexico SRENz:UK SR9A:Germany

Address

Mythenquai 50/60, Zurich, CHE, 8022

Website

https://www.swissre.com

Swiss Re is a reinsurer that has three core divisions: property and casualty reinsurance, life and health reinsurance, and corporate solutions. Swiss Re was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss Re is now the second-largest reinsurer in the world by market cap, has 80 offices globally, and employs nearly 15,000 people. While the business did lose its way in the early part of the millennium, led by an ex-investment banker who took the business heavily into securitizations, lately Swiss Re has been focused on establishing quality within its three core divisions.