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Sagicor Financial Co (TSX:SFC) Pretax Margin % : 16.74% (As of Mar. 2024)


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What is Sagicor Financial Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sagicor Financial Co's Pre-Tax Income for the three months ended in Mar. 2024 was C$62 Mil. Sagicor Financial Co's Revenue for the three months ended in Mar. 2024 was C$373 Mil. Therefore, Sagicor Financial Co's pretax margin for the quarter that ended in Mar. 2024 was 16.74%.

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

TSX:SFC' s Pretax Margin % Range Over the Past 10 Years
Min: -758.87   Med: -15.65   Max: 38.63
Current: 38.63


TSX:SFC's Pretax Margin % is ranked better than
91.02% of 490 companies
in the Insurance industry
Industry Median: 10.375 vs TSX:SFC: 38.63

Sagicor Financial Co Pretax Margin % Historical Data

The historical data trend for Sagicor Financial Co'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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Sagicor Financial Co Pretax Margin % Chart

Sagicor Financial Co Annual Data
Trend Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -32.75 1.45 11.24 -132.53 37.80

Sagicor Financial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.65 34.01 15.02 47.84 16.74

Competitive Comparison of Sagicor Financial Co's Pretax Margin %

For the Insurance - Life subindustry, Sagicor Financial Co'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.


Sagicor Financial Co's Pretax Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where Sagicor Financial Co's Pretax Margin % falls into.



Sagicor Financial Co 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.

Sagicor Financial Co'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 )
=903.48/2390.416
=37.80 %

Sagicor Financial Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=62.451/373.163
=16.74 %

* 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.


Sagicor Financial Co  (TSX:SFC) 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.


Sagicor Financial Co Pretax Margin % Related Terms

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Sagicor Financial Co (TSX:SFC) Business Description

Traded in Other Exchanges
Address
Cecil F De Caires Building, Wildey, Saint Michael, BRB, BB15096
Sagicor Financial Co Ltd is a financial services provider in the Caribbean. The firm offers various products and services, including life, health, and general insurance, annuities, pension administration, banking, and investment management. Sagicor operates through three segments namely Sagicor Jamaica, Sagicor Life USA, and Sagicor Life. Geographically, the firm operates in Jamaica, the United States, Barbados, Trinidad and Tobago, and other countries in the Caribbean. The company derives a majority of its revenue from the United States.
Executives
Gilbert Samuel Palter Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Sagicor Financial Co (TSX:SFC) Headlines

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