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QBE Insurance Group (QBE Insurance Group) Pretax Margin % : 13.47% (As of Dec. 2023)


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What is QBE Insurance Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. QBE Insurance Group's Pre-Tax Income for the six months ended in Dec. 2023 was $1,253 Mil. QBE Insurance Group's Revenue for the six months ended in Dec. 2023 was $9,301 Mil. Therefore, QBE Insurance Group's pretax margin for the quarter that ended in Dec. 2023 was 13.47%.

The historical rank and industry rank for QBE Insurance Group's Pretax Margin % or its related term are showing as below:

QBIEY' s Pretax Margin % Range Over the Past 10 Years
Min: -12.49   Med: 6.54   Max: 10.53
Current: 10.53


QBIEY's Pretax Margin % is ranked better than
53.29% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs QBIEY: 10.53

QBE Insurance Group Pretax Margin % Historical Data

The historical data trend for QBE Insurance Group'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.

QBE Insurance Group Pretax Margin % Chart

QBE Insurance Group 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 5.38 -12.49 6.92 6.86 10.53

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
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 5.08 4.01 8.38 7.17 13.47

Competitive Comparison of QBE Insurance Group's Pretax Margin %

For the Insurance - Property & Casualty subindustry, QBE Insurance Group'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.


QBE Insurance Group's Pretax Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where QBE Insurance Group's Pretax Margin % falls into.



QBE Insurance Group 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.

QBE Insurance Group'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 )
=1837/17446
=10.53 %

QBE Insurance Group'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 )
=1253/9301
=13.47 %

* 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.


QBE Insurance Group  (OTCPK:QBIEY) 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.


QBE Insurance Group Pretax Margin % 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.