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Argo Group (LSE:ARGO) Net Margin % : -946.87% (As of Dec. 2023)


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What is Argo Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Argo Group's Net Income for the six months ended in Dec. 2023 was £-11.50 Mil. Argo Group's Revenue for the six months ended in Dec. 2023 was £1.21 Mil. Therefore, Argo Group's net margin for the quarter that ended in Dec. 2023 was -946.87%.

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

LSE:ARGO' s Net Margin % Range Over the Past 10 Years
Min: -473.42   Med: -10.03   Max: 50.69
Current: -472.79


LSE:ARGO's Net Margin % is ranked worse than
96.46% of 1667 companies
in the Asset Management industry
Industry Median: 86.9 vs LSE:ARGO: -472.79

Argo Group Net Margin % Historical Data

The historical data trend for Argo Group'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.

Argo Group Net Margin % Chart

Argo Group 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 13.27 50.69 6.80 -133.44 -473.42

Argo Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 18.35 -280.43 11.69 8.02 -946.87

Competitive Comparison of Argo Group's Net Margin %

For the Asset Management subindustry, Argo Group'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.


Argo Group's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Argo Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Argo Group's Net Margin % falls into.



Argo Group 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.

Argo Group'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 )
=-11.4/2.408
=-473.42 %

Argo Group'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 )
=-11.495/1.214
=-946.87 %

* 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.


Argo Group  (LSE:ARGO) 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.


Argo Group Net Margin % Related Terms

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Argo Group (LSE:ARGO) Business Description

Traded in Other Exchanges
Address
24-25 New Bond Street, 2nd Floor, London, GBR, W1S 2RR
Argo Group Ltd is an investment management company that invests in multi-strategy investment in emerging markets. Its investment objective is to provide investors with absolute returns on the funds. The group aims to deliver low volatility, double-digit absolute returns through a fundamental, bottom-up investment approach. The Group's funds invest in performing fixed-income securities, both sovereign and corporate, distressed debt, and real estate. The company operates as a single asset management business.