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Fairfax Financial Holdings (TSX:FFH) Pretax Margin % : 22.05% (As of Dec. 2023)


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What is Fairfax Financial Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fairfax Financial Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was C$2,285 Mil. Fairfax Financial Holdings's Revenue for the three months ended in Dec. 2023 was C$10,366 Mil. Therefore, Fairfax Financial Holdings's pretax margin for the quarter that ended in Dec. 2023 was 22.05%.

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

TSX:FFH' s Pretax Margin % Range Over the Past 10 Years
Min: -5.98   Med: 12.5   Max: 25.04
Current: 22.94


TSX:FFH's Pretax Margin % is ranked better than
82.1% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs TSX:FFH: 22.94

Fairfax Financial Holdings Pretax Margin % Historical Data

The historical data trend for Fairfax Financial 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.

Fairfax Financial Holdings Pretax Margin % Chart

Fairfax Financial 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 10.54 1.23 17.02 25.04 22.90

Fairfax Financial 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 48.98 28.22 17.18 23.64 22.05

Competitive Comparison of Fairfax Financial Holdings's Pretax Margin %

For the Insurance - Property & Casualty subindustry, Fairfax Financial 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.


Fairfax Financial Holdings's Pretax Margin % Distribution in the Insurance Industry

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

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



Fairfax Financial 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.

Fairfax Financial 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 )
=7926.575/34617.439
=22.90 %

Fairfax Financial 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 )
=2285.147/10365.604
=22.05 %

* 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.


Fairfax Financial Holdings  (TSX:FFH) 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.


Fairfax Financial Holdings Pretax Margin % Related Terms

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Fairfax Financial Holdings (TSX:FFH) Business Description

Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.

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