Fidelis Insurance Holdings (Fidelis Insurance Holdings) Net Margin % : 41.60% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Fidelis Insurance Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Fidelis Insurance Holdings's Net Income for the three months ended in Dec. 2023 was $228 Mil. Fidelis Insurance Holdings's Revenue for the three months ended in Dec. 2023 was $549 Mil. Therefore, Fidelis Insurance Holdings's net margin for the quarter that ended in Dec. 2023 was 41.60%.

The historical rank and industry rank for Fidelis Insurance Holdings's Net Margin % or its related term are showing as below:

FIHL' s Net Margin % Range Over the Past 10 Years
Min: 3.47 Med: 15.76 Max: 59.37
Current: 59.37

FIHL's Net Margin % is ranked better than
96.3% of 486 companies
in the Insurance industry
Industry Median: 7.66 vs FIHL: 59.37

Fidelis Insurance Holdings Net Margin % Historical Data

The historical data trend for Fidelis Insurance Holdings's Net 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.

Fidelis Insurance Holdings Net Margin % Chart

Fidelis Insurance Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

15.76

16.16

5.72

3.47

59.37

Fidelis Insurance Holdings Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial						27.78	84.50	18.52	16.24	41.60

Competitive Comparison of Fidelis Insurance Holdings's Net Margin %

For the Insurance - Diversified subindustry, Fidelis Insurance Holdings's Net Margin %, along with its competitors' market caps and Net 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.

Fidelis Insurance Holdings's Net Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Fidelis Insurance Holdings's Net Margin % falls into.

Fidelis Insurance Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Fidelis Insurance Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	2132.5	/	3592.1
	=	59.37 %

Fidelis Insurance Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	228.3	/	548.8
	=	41.60 %

Fidelis Insurance Holdings (NYSE:FIHL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Fidelis Insurance Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of Fidelis Insurance Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fidelis Insurance Holdings (Fidelis Insurance Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fidelis Insurance Holdings Ltd (NYSE:FIHL) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

U0K:Germany

Address

100 Pitts Bay Road, Waterloo House, Pembroke, BMU, HM08

Website

https://www.fidelisinsurance.com

Fidelis Insurance Holdings Ltd is a global (re)insurance company. It classify the business into three underwriting segments, namely Bespoke, Specialty and Reinsurance. Specialty primarily comprises property D&F, energy, marine and aviation lines. Bespoke primarily comprises credit and political risk and other tailored solutions for clients including transactional liabilities and credit insurance. Reinsurance primarily comprises property reinsurance.