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Allied Cooperative Insurance Group (SAU:8150) Net Margin % : 7.35% (As of Dec. 2023)


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What is Allied Cooperative Insurance Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Allied Cooperative Insurance Group's Net Income for the three months ended in Dec. 2023 was ﷼17.0 Mil. Allied Cooperative Insurance Group's Revenue for the three months ended in Dec. 2023 was ﷼231.9 Mil. Therefore, Allied Cooperative Insurance Group's net margin for the quarter that ended in Dec. 2023 was 7.35%.

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

SAU:8150' s Net Margin % Range Over the Past 10 Years
Min: -23.24   Med: 1.28   Max: 6.89
Current: 6.89


SAU:8150's Net Margin % is ranked worse than
54.51% of 488 companies
in the Insurance industry
Industry Median: 7.72 vs SAU:8150: 6.89

Allied Cooperative Insurance Group Net Margin % Historical Data

The historical data trend for Allied Cooperative Insurance 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.

Allied Cooperative Insurance Group Net Margin % Chart

Allied Cooperative Insurance 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 0.47 -0.10 -23.24 -2.93 6.89

Allied Cooperative Insurance Group 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 5.93 1.67 4.54 13.20 7.35

Competitive Comparison of Allied Cooperative Insurance Group's Net Margin %

For the Insurance - Diversified subindustry, Allied Cooperative Insurance 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.


Allied Cooperative Insurance Group's Net Margin % Distribution in the Insurance Industry

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

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



Allied Cooperative Insurance 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.

Allied Cooperative Insurance 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 )
=63.406/920.691
=6.89 %

Allied Cooperative Insurance 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 )
=17.044/231.928
=7.35 %

* 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.


Allied Cooperative Insurance Group  (SAU:8150) 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.


Allied Cooperative Insurance Group Net Margin % Related Terms

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Allied Cooperative Insurance Group (SAU:8150) Business Description

Traded in Other Exchanges
N/A
Address
Prince Turki bin Abdulaziz Al-Awal Road, P.O. Box 40523, Unit No. 2171, Hittin District, Riyadh, SAU, 11511
Allied Cooperative Insurance Group is a Saudi Arabia based insurance company. The activities of the Company are to transact cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. The operating segment of the company are Medical Insurance, Motor Insurance and General Accident Insurance segments. Medical segment provides compensation to policy holders for expenses incurred in treatment of a disease, illness or injury. Motor provides coverage against losses and liability related to motor vehicles. Other includes property, marine, aviation, accident and liability categories. It earns a vast majority of revenues from the motor insurance segment.

Allied Cooperative Insurance Group (SAU:8150) Headlines

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