Helia Group (ASX:HLI) Pretax Margin % : 63.58% (As of Dec. 2023)

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What is Helia Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Helia Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$184.2 Mil. Helia Group's Revenue for the six months ended in Dec. 2023 was A$289.7 Mil. Therefore, Helia Group's pretax margin for the quarter that ended in Dec. 2023 was 63.58%.

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

ASX:HLI' s Pretax Margin % Range Over the Past 10 Years
Min: -37.98 Med: 53.16 Max: 68.88
Current: 68.52

ASX:HLI's Pretax Margin % is ranked better than
95.91% of 489 companies
in the Insurance industry
Industry Median: 10.35 vs ASX:HLI: 68.52

Helia Group Pretax Margin % Historical Data

The historical data trend for Helia Group'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.

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Helia Group Pretax Margin % Chart

Helia Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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38.28

-37.98

68.88

61.19

68.52

Helia Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															85.12	32.77	67.35	73.51	63.58

Competitive Comparison of Helia Group's Pretax Margin %

For the Insurance - Specialty subindustry, Helia Group'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.

Helia Group's Pretax Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Helia Group's Pretax Margin % falls into.

Helia Group 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.

Helia Group'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 )
	=	394.887	/	576.338
	=	68.52 %

Helia Group'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 )
	=	184.156	/	289.65
	=	63.58 %

Helia Group (ASX:HLI) 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.

Helia Group Pretax Margin % Related Terms

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Helia Group (ASX:HLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Helia Group Ltd (ASX:HLI) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

0GI0:Germany

Address

101 Miller Street, Level 26, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.helia.com.au

Helia listed on the Australian Securities Exchange in 2014 after its U.S.-based parent, Genworth Financial (NYSE: GNW), sold down its stake. It has since exited. With a history spanning over 50 years, Helia is a provider of lenders' mortgage insurance, or LMI, in Australia. In Australia, LMI is predominantly purchased on loans with a loan/value ratio, or LVR, above 80%. LMI protects a lender against a potential loss (gap) between the outstanding loan amount and sale proceeds on a delinquent loan property. LMI does not protect the borrower, however the premium is paid by the borrower. It's regulated by the Australian Prudential Regulation Authority, or APRA, which requires it to meet minimum regulatory capital requirements.