Zurich Insurance Group AG (Zurich Insurance Group AG) Gross-Profit-to-Asset % : 17.83% (As of Dec. 2023)

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What is Zurich Insurance Group AG 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. Zurich Insurance Group AG's annualized Gross Profit for the quarter that ended in Dec. 2023 was $63,430 Mil. Zurich Insurance Group AG's average Total Assets over the quarter that ended in Dec. 2023 was $355,754 Mil. Therefore, Zurich Insurance Group AG's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 17.83%.

Zurich Insurance Group AG Gross-Profit-to-Asset % Historical Data

The historical data trend for Zurich Insurance Group AG'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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Zurich Insurance Group AG Gross-Profit-to-Asset % Chart

Zurich Insurance Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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17.96

13.96

16.59

10.07

20.08

Zurich Insurance Group AG 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															16.42	6.60	13.31	22.32	17.83

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

For the Insurance - Diversified subindustry, Zurich Insurance Group AG'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.

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

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

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

Zurich Insurance Group AG Gross-Profit-to-Asset % Calculation

Zurich Insurance Group AG'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 )
	=	69963	/	( (335412	+	361382)	/ 2 )
	=	69963	/	348397
	=	20.08 %

Zurich Insurance Group AG'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 )
	=	63430	/	( (350126	+	361382)	/ 2 )
	=	63430	/	355754
	=	17.83 %

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.

Zurich Insurance Group AG Gross-Profit-to-Asset % Related Terms

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Zurich Insurance Group AG (Zurich Insurance Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zurich Insurance Group AG (OTCPK:ZFSVF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

ZURVY:USA ZURN:Mexico ZURNz:UK 0QP2:UK ZFI1:Germany ZURN:Switzerland

Address

Mythenquai 2, Corporate Center, Zurich, CHE, 8002

Website

https://www.zurich.com

Zurich is a multiline insurer that writes business across both life and non-life insurance and also owns Farmers Management Services. The company was founded in 1872, originally as a marine reinsurer, to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling that would be damaging to both customers and Zurich. Over the years Zurich has sought to combine goodwill in claims with a sufficient premium. Zurich is now one of the most successful insurers in Europe.