Clal Insurance Enterprises Holdings (XTAE:CLIS) Net Margin % : 0.54% (As of Mar. 2024)

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What is Clal Insurance Enterprises Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Clal Insurance Enterprises Holdings's Net Income for the three months ended in Mar. 2024 was ₪41 Mil. Clal Insurance Enterprises Holdings's Revenue for the three months ended in Mar. 2024 was ₪7,536 Mil. Therefore, Clal Insurance Enterprises Holdings's net margin for the quarter that ended in Mar. 2024 was 0.54%.

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

XTAE:CLIS' s Net Margin % Range Over the Past 10 Years
Min: -1.24 Med: 1.46 Max: 4.32
Current: 1.41

XTAE:CLIS's Net Margin % is ranked worse than
84.25% of 489 companies
in the Insurance industry
Industry Median: 8.25 vs XTAE:CLIS: 1.41

Clal Insurance Enterprises Holdings Net Margin % Historical Data

The historical data trend for Clal Insurance Enterprises 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.

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Clal Insurance Enterprises Holdings Net Margin % Chart

Clal Insurance Enterprises Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-0.66

3.00

4.32

1.66

1.03

Clal Insurance Enterprises Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															-2.18	0.10	2.89	2.93	0.54

Competitive Comparison of Clal Insurance Enterprises Holdings's Net Margin %

For the Insurance - Diversified subindustry, Clal Insurance Enterprises 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.

Clal Insurance Enterprises Holdings's Net Margin % Distribution in the Insurance Industry

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

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

Clal Insurance Enterprises 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.

Clal Insurance Enterprises 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 )
	=	220	/	21448
	=	1.03 %

Clal Insurance Enterprises Holdings's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	41	/	7536
	=	0.54 %

Clal Insurance Enterprises Holdings (XTAE:CLIS) 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.

Clal Insurance Enterprises Holdings Net Margin % Related Terms

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Clal Insurance Enterprises Holdings (XTAE:CLIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Clal Insurance Enterprises Holdings Ltd (XTAE:CLIS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Raul Wallenberg Road, Kiryat Atidim, Tower 8, Tel Aviv, ISR, 6136902

Website

https://www.clalbit.co.il

Clal Insurance Enterprises Holdings Ltd is an insurance company, part of IDB Group, a conglomerate from Israel. Its lines of business are: Nonlife insurance, Health insurance, Pensions, and provident funds for private and corporate clients. Clal insurance divisions are: nonlife insurance, long-term savings, and health. The nonlife insurance division offers automotive, property, personal accidents, guarantees, liability, and marine insurance, among others. The life insurance and long-term savings division manages long-term assets, such as life insurance, pensions, and funds. The health insurance division consists of health insurance products, such as local and overseas surgeries, transplants, medications, critical illness, long-term care, and accidents. The company's main market is Israel.