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First Mutual Holdings (XZIM:FMHL.ZW) Pretax Margin % : % (As of Jun. 2023)


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What is First Mutual Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. First Mutual Holdings's Pre-Tax Income for the three months ended in Jun. 2023 was ZWL0 Mil. First Mutual Holdings's Revenue for the three months ended in Jun. 2023 was ZWL0 Mil. Therefore, First Mutual Holdings's pretax margin for the quarter that ended in Jun. 2023 was %.

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

XZIM:FMHL.ZW' s Pretax Margin % Range Over the Past 10 Years
Min: -12.53   Med: 22.65   Max: 27.06
Current: 27.06


XZIM:FMHL.ZW's Pretax Margin % is ranked better than
83.61% of 488 companies
in the Insurance industry
Industry Median: 10.395 vs XZIM:FMHL.ZW: 27.06

First Mutual Holdings Pretax Margin % Historical Data

The historical data trend for First Mutual 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.

First Mutual Holdings Pretax Margin % Chart

First Mutual Holdings Annual Data
Trend Dec18 Dec19 Dec20
Pretax Margin %
-12.53 22.65 23.60

First Mutual Holdings Quarterly Data
Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Jun23
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 30.03 13.18 9.98 5.83 -

Competitive Comparison of First Mutual Holdings's Pretax Margin %

For the Insurance - Diversified subindustry, First Mutual 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.


First Mutual Holdings's Pretax Margin % Distribution in the Insurance Industry

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

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



First Mutual 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.

First Mutual Holdings's Pretax Margin for the fiscal year that ended in Dec. 2020 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=2136.922/9056.081
=23.60 %

First Mutual Holdings's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=0/0
= %

* 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.


First Mutual Holdings  (XZIM:FMHL.ZW) 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.


First Mutual Holdings Pretax Margin % Related Terms

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First Mutual Holdings (XZIM:FMHL.ZW) Business Description

Traded in Other Exchanges
N/A
Address
First Mutual Park, 100 Borrowdale Road, Borrowdale, P.O. Box BW 178, Second Floor, Harare, ZWE
First Mutual Holdings Ltd is a Zimbabwe-based investment and financial service company. Its segments are life and pensions insurance, health insurance, short-term insurance, reinsurance, property and casualty insurance, property management and development, and wealth management.

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