Argo Group (LSE:ARGO) Pretax Margin % : -946.87% (As of Dec. 2023)

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What is Argo Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Argo Group's Pre-Tax Income for the six months ended in Dec. 2023 was £-11.50 Mil. Argo Group's Revenue for the six months ended in Dec. 2023 was £1.21 Mil. Therefore, Argo Group's pretax margin for the quarter that ended in Dec. 2023 was -946.87%.

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

LSE:ARGO' s Pretax Margin % Range Over the Past 10 Years
Min: -473.42 Med: -9.73 Max: 50.69
Current: -472.79

LSE:ARGO's Pretax Margin % is ranked worse than
96.38% of 1657 companies
in the Asset Management industry
Industry Median: 90.91 vs LSE:ARGO: -472.79

Argo Group Pretax Margin % Historical Data

The historical data trend for Argo 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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Argo Group Pretax Margin % Chart

Argo Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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13.94

50.69

6.80

-133.44

-473.42

Argo 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															18.35	-280.43	11.69	8.02	-946.87

Competitive Comparison of Argo Group's Pretax Margin %

For the Asset Management subindustry, Argo 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.

Argo Group's Pretax Margin % Distribution in the Asset Management Industry

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

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

Argo 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.

Argo 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 )
	=	-11.4	/	2.408
	=	-473.42 %

Argo 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 )
	=	-11.495	/	1.214
	=	-946.87 %

Argo Group (LSE:ARGO) 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.

Argo Group Pretax Margin % Related Terms

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Argo Group (LSE:ARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Argo Group Ltd (LSE:ARGO) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

IW6:Germany

Address

24-25 New Bond Street, 2nd Floor, London, GBR, W1S 2RR

Website

https://www.argogrouplimited.com

Argo Group Ltd is an investment management company that invests in multi-strategy investment in emerging markets. Its investment objective is to provide investors with absolute returns on the funds. The group aims to deliver low volatility, double-digit absolute returns through a fundamental, bottom-up investment approach. The Group's funds invest in performing fixed-income securities, both sovereign and corporate, distressed debt, and real estate. The company operates as a single asset management business.