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QBE Insurance Group (QBE Insurance Group) Gross-Profit-to-Asset % : 45.01% (As of Dec. 2023)


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What is QBE Insurance Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. QBE Insurance Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was $18,602 Mil. QBE Insurance Group's average Total Assets over the quarter that ended in Dec. 2023 was $41,327 Mil. Therefore, QBE Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 45.01%.


QBE Insurance Group Gross-Profit-to-Asset % Historical Data

The historical data trend for QBE Insurance Group's Gross-Profit-to-Asset % 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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QBE Insurance Group Gross-Profit-to-Asset % Chart

QBE Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.36 27.21 27.52 27.12 38.09

QBE Insurance Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % 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 30.54 18.57 34.76 36.18 45.01

Competitive Comparison of QBE Insurance Group's Gross-Profit-to-Asset %

For the Insurance - Property & Casualty subindustry, QBE Insurance Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


QBE Insurance Group's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, QBE Insurance Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where QBE Insurance Group's Gross-Profit-to-Asset % falls into.



QBE Insurance Group Gross-Profit-to-Asset % Calculation

QBE Insurance Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=17446/( (49502+42108)/ 2 )
=17446/45805
=38.09 %

QBE Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=18602/( (40546+42108)/ 2 )
=18602/41327
=45.01 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


QBE Insurance Group Gross-Profit-to-Asset % Related Terms

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QBE Insurance Group (QBE Insurance Group) Business Description

Traded in Other Exchanges
Address
388 George Street, Level 18, Sydney, NSW, AUS, 2000
QBE Insurance is an international property and casualty insurance company. It writes around 20% of its annual gross written premiums in its home region of Australia and New Zealand. Other key regions include North America and Europe. QBE Insurance offers a number of personal, commercial, and specialty lines, including property, auto insurance, agriculture, public/product liability, professional indemnity, workers compensation, marine, energy and aviation, and accident and health.