GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Intact Financial Corp (TSX:IFC) » Definitions » Net Margin %

Intact Financial (TSX:IFC) Net Margin % : 8.07% (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Intact Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Intact Financial's Net Income for the three months ended in Dec. 2023 was C$524 Mil. Intact Financial's Revenue for the three months ended in Dec. 2023 was C$6,491 Mil. Therefore, Intact Financial's net margin for the quarter that ended in Dec. 2023 was 8.07%.

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

TSX:IFC' s Net Margin % Range Over the Past 10 Years
Min: 5.65   Med: 8.57   Max: 12.49
Current: 5.65


TSX:IFC's Net Margin % is ranked worse than
59.18% of 485 companies
in the Insurance industry
Industry Median: 7.47 vs TSX:IFC: 5.65

Intact Financial Net Margin % Historical Data

The historical data trend for Intact Financial'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.

Intact Financial Net Margin % Chart

Intact Financial 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 6.64 8.68 11.76 12.49 5.96

Intact Financial 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 6.84 6.34 4.61 3.03 8.07

Competitive Comparison of Intact Financial's Net Margin %

For the Insurance - Property & Casualty subindustry, Intact Financial'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.


Intact Financial's Net Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Intact Financial's Net Margin % falls into.



Intact Financial 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.

Intact Financial'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 )
=1316/22089
=5.96 %

Intact Financial'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 )
=524/6491
=8.07 %

* 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.


Intact Financial  (TSX:IFC) 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.


Intact Financial Net Margin % Related Terms

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


Intact Financial (TSX:IFC) Business Description

Address
700 University Avenue, Suite 1500, Toronto, ON, CAN, M5G 0A1
Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company's direct premiums are written in the personal automotive space. Intact directly manages its investments through subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities. Its asset mix is designed to generate interest and dividend income.

Intact Financial (TSX:IFC) Headlines

No Headlines