GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » James River Group Holdings Ltd (NAS:JRVR) » Definitions » Pretax Margin %

James River Group Holdings (James River Group Holdings) Pretax Margin % : 24.74% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is James River Group Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. James River Group Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $28.9 Mil. James River Group Holdings's Revenue for the three months ended in Dec. 2023 was $116.9 Mil. Therefore, James River Group Holdings's pretax margin for the quarter that ended in Dec. 2023 was 24.74%.

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

JRVR' s Pretax Margin % Range Over the Past 10 Years
Min: -17.75   Med: 8.03   Max: 13.53
Current: 11.03


JRVR's Pretax Margin % is ranked better than
55.35% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs JRVR: 11.03

James River Group Holdings Pretax Margin % Historical Data

The historical data trend for James River Group Holdings'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.

James River Group Holdings Pretax Margin % Chart

James River Group Holdings 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 5.72 1.79 -17.75 8.05 10.70

James River Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 46.37 5.41 9.44 11.38 24.74

Competitive Comparison of James River Group Holdings's Pretax Margin %

For the Insurance - Specialty subindustry, James River Group Holdings'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.


James River Group Holdings's Pretax Margin % Distribution in the Insurance Industry

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

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



James River Group Holdings 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.

James River Group Holdings'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 )
=86.914/812.009
=10.70 %

James River Group Holdings'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 )
=28.913/116.86
=24.74 %

* 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.


James River Group Holdings  (NAS:JRVR) 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.


James River Group Holdings Pretax Margin % Related Terms

Thank you for viewing the detailed overview of James River Group Holdings's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


James River Group Holdings (James River Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
90 Pitts Bay Road, Wellesley House, 2nd Floor, Pembroke, BMU, HM08
James River Group Holdings Ltd owns and operates a group of specialty insurance and reinsurance companies. It reports business into four segments. The Excess and Surplus Lines segment, which is the key revenue driver, offers commercial excess and surplus lines liability and excess property insurance products; the Specialty Admitted Insurance segment offers workers' compensation insurance coverage as well as specialty admitted fronting and program business; the Casualty Reinsurance segment offers commercial liability and non-catastrophe property reinsurance to US insurance companies and to the company's US-based insurance subsidiaries; and Corporate and Other segments.
Executives
Dennis J. Langwell director C/O LIBERTY MUTUAL GROUP, 175 BERKELEY STREET, BOSTON MA 02116
Matthew Botein director 141 FRONT STREET, HAMILTON D0 HM19
Gallatin Point Capital Llc director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Gpc Partners Investments (thames) Lp director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Lewis A Sachs director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Gpc Partners Ii Gp Llc director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Thomas Lynn Brown director 8750 W. BRYN MAWR, SUITE 1300, CHICAGO IL 60631
Gould Kirstin Romann director C/O JAMES RIVER GROUP HOLDINGS, LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter B. Migliorato director 3401 NORTH OCEAN, NORTH 301, PALM BEACH FL 33480
Patricia H Roberts director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Sherman Ollie L. Jr. director C/O JAMES RIVER GROUP HOLDINGS,LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Janet Raye Cowell director C/O COOLEY LLP, 11951 FREEDOM DRIVE, SUITE 1600, RESTON VA 20190
Sundar Srinivasan director C/O JAMES RIVER GROUP HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE D0 D0 HM 08
Sarah C. Doran officer: Chief Financial Officer C/O JAMES RIVER GROUP HOLDINGS, LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Richard Schmitzer officer: Pres. & CEO - E&S Lines Sgmt C/O JAMES RIVER GROUP HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE D0 D0 HM 08

James River Group Holdings (James River Group Holdings) Headlines

From GuruFocus