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Abu Dhabi National Takaful Co PSC (ADX:TKFL) Pretax Margin % : 43.93% (As of Dec. 2023)


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What is Abu Dhabi National Takaful Co PSC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Abu Dhabi National Takaful Co PSC's Pre-Tax Income for the three months ended in Dec. 2023 was د.إ45.6 Mil. Abu Dhabi National Takaful Co PSC's Revenue for the three months ended in Dec. 2023 was د.إ103.7 Mil. Therefore, Abu Dhabi National Takaful Co PSC's pretax margin for the quarter that ended in Dec. 2023 was 43.93%.

The historical rank and industry rank for Abu Dhabi National Takaful Co PSC's Pretax Margin % or its related term are showing as below:

ADX:TKFL' s Pretax Margin % Range Over the Past 10 Years
Min: 26.95   Med: 32.63   Max: 44.9
Current: 31.17


ADX:TKFL's Pretax Margin % is ranked better than
88.14% of 489 companies
in the Insurance industry
Industry Median: 10.35 vs ADX:TKFL: 31.17

Abu Dhabi National Takaful Co PSC Pretax Margin % Historical Data

The historical data trend for Abu Dhabi National Takaful Co PSC's Pretax 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.

Abu Dhabi National Takaful Co PSC Pretax Margin % Chart

Abu Dhabi National Takaful Co PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.78 38.87 44.90 35.49 31.17

Abu Dhabi National Takaful Co PSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax 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 18.50 18.97 25.81 29.20 43.93

Competitive Comparison of Abu Dhabi National Takaful Co PSC's Pretax Margin %

For the Insurance - Diversified subindustry, Abu Dhabi National Takaful Co PSC's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Abu Dhabi National Takaful Co PSC's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Abu Dhabi National Takaful Co PSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Abu Dhabi National Takaful Co PSC's Pretax Margin % falls into.



Abu Dhabi National Takaful Co PSC Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Abu Dhabi National Takaful Co PSC's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=103.042/330.537
=31.17 %

Abu Dhabi National Takaful Co PSC's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=45.559/103.71
=43.93 %

* 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.


Abu Dhabi National Takaful Co PSC  (ADX:TKFL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Abu Dhabi National Takaful Co PSC Pretax Margin % Related Terms

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Abu Dhabi National Takaful Co PSC (ADX:TKFL) Business Description

Traded in Other Exchanges
N/A
Address
Tamouh Tower, 25th Floor, P.O. Box 35335, Marina Square, Al Reem Island, Abu Dhabi, ARE
Abu Dhabi National Takaful Co PSC is engaged in providing Takaful insurance solutions for the regional market. The company is licensed by the Ministry of Economy & Commerce as the first Takaful operator in the emirates of Abu Dhabi and is among the Islamic insurance companies operating in the United Arab Emirates. The company's core business activities and investments are conducted in accordance with the Islamic Shari'a. The company has a comprehensive range of products and services, which have been developed under the guidance of the Fatwa & Shari'a Supervisory Board to meet the varying needs of clients in the field of Islamic finance.

Abu Dhabi National Takaful Co PSC (ADX:TKFL) Headlines

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