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Emirates Insurance Co PSC (ADX:EIC) Net Margin % : 29.13% (As of Dec. 2023)


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What is Emirates Insurance Co PSC Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Emirates Insurance Co PSC's Net Income for the three months ended in Dec. 2023 was د.إ38.2 Mil. Emirates Insurance Co PSC's Revenue for the three months ended in Dec. 2023 was د.إ131.0 Mil. Therefore, Emirates Insurance Co PSC's net margin for the quarter that ended in Dec. 2023 was 29.13%.

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

ADX:EIC' s Net Margin % Range Over the Past 10 Years
Min: 11.67   Med: 17.43   Max: 22.27
Current: 15.91


ADX:EIC's Net Margin % is ranked better than
75.92% of 490 companies
in the Insurance industry
Industry Median: 8.31 vs ADX:EIC: 15.91

Emirates Insurance Co PSC Net Margin % Historical Data

The historical data trend for Emirates Insurance Co PSC'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.

Emirates Insurance Co PSC Net Margin % Chart

Emirates Insurance Co PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.70 16.94 12.50 11.67 22.27

Emirates Insurance Co PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net 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 4.93 23.02 10.61 9.62 29.13

Competitive Comparison of Emirates Insurance Co PSC's Net Margin %

For the Insurance - Diversified subindustry, Emirates Insurance Co PSC'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.


Emirates Insurance Co PSC's Net Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Emirates Insurance Co PSC's Net Margin % falls into.



Emirates Insurance Co PSC 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.

Emirates Insurance Co PSC'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 )
=126.293/567.059
=22.27 %

Emirates Insurance Co PSC'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 )
=38.169/131.044
=29.13 %

* 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.


Emirates Insurance Co PSC  (ADX:EIC) 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.


Emirates Insurance Co PSC Net Margin % Related Terms

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


Emirates Insurance Co PSC (ADX:EIC) Business Description

Traded in Other Exchanges
N/A
Address
Emirates Insurance Co Building, Al Zahiya (Tourist Club Area), P.O.Box 3856, Abu Dhabi, ARE
Emirates Insurance Co PSC is an insurance company operating through two segments namely Underwriting of General Insurance Business and Investments. The Underwriting of general insurance business - incorporating all classes of general insurance such as fire, marine, motor, general accident, and miscellaneous. The Investments segments include activities of investments in marketable equity securities and investment funds, bonds, term deposits with banks and investment properties, and other securities. The firm derives a majority of its revenue from the commission, dividend, and interest income.

Emirates Insurance Co PSC (ADX:EIC) Headlines

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