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Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Net Margin % : 20.60% (As of Mar. 2024)


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What is Kuwait Reinsurance Co KSC Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Kuwait Reinsurance Co KSC's Net Income for the three months ended in Mar. 2024 was KWD4.05 Mil. Kuwait Reinsurance Co KSC's Revenue for the three months ended in Mar. 2024 was KWD19.68 Mil. Therefore, Kuwait Reinsurance Co KSC's net margin for the quarter that ended in Mar. 2024 was 20.60%.

The historical rank and industry rank for Kuwait Reinsurance Co KSC's Net Margin % or its related term are showing as below:

KUW:KUWAITRE' s Net Margin % Range Over the Past 10 Years
Min: -0.05   Med: 9.42   Max: 16.9
Current: 16.9


KUW:KUWAITRE's Net Margin % is ranked better than
79.06% of 487 companies
in the Insurance industry
Industry Median: 7.96 vs KUW:KUWAITRE: 16.90

Kuwait Reinsurance Co KSC Net Margin % Historical Data

The historical data trend for Kuwait Reinsurance Co KSC's Net 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.

Kuwait Reinsurance Co KSC Net Margin % Chart

Kuwait Reinsurance Co KSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.64 9.56 9.55 14.49 15.09

Kuwait Reinsurance Co KSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 18.53 8.13 13.07 43.38 20.60

Competitive Comparison of Kuwait Reinsurance Co KSC's Net Margin %

For the Insurance - Reinsurance subindustry, Kuwait Reinsurance Co KSC's Net Margin %, along with its competitors' market caps and Net 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.


Kuwait Reinsurance Co KSC's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Kuwait Reinsurance Co KSC's Net Margin % distribution charts can be found below:

* The bar in red indicates where Kuwait Reinsurance Co KSC's Net Margin % falls into.



Kuwait Reinsurance Co KSC Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Kuwait Reinsurance Co KSC's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=10.833/71.794
=15.09 %

Kuwait Reinsurance Co KSC's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=4.053/19.677
=20.60 %

* 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.


Kuwait Reinsurance Co KSC  (KUW:KUWAITRE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Kuwait Reinsurance Co KSC Net Margin % Related Terms

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Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Business Description

Traded in Other Exchanges
N/A
Address
Al-Shuhada's Street, Kuwait Return Tower- 8, 9, 13 Floors, Al Sharq District, Kuwait, KWT
Kuwait Reinsurance Co KSC operates as a reinsurance company. It provides traditional and tailored reinsurance solutions to its customers in the energy sector in Kuwait. The company provides tailored risk solutions for a variety of industries. Their operating segments include Fire, General Accident, Marine, Energy, Aviation, and life. The majority of the revenue is derived from its fire insurance business. The company's activities are spread across Kuwait, the Middle East, and North Africa.

Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Headlines

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