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Zurich Insurance Group AG (Zurich Insurance Group AG) Pretax Margin % : 9.00% (As of Dec. 2023)


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What is Zurich Insurance Group AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zurich Insurance Group AG's Pre-Tax Income for the six months ended in Dec. 2023 was $2,853 Mil. Zurich Insurance Group AG's Revenue for the six months ended in Dec. 2023 was $31,715 Mil. Therefore, Zurich Insurance Group AG's pretax margin for the quarter that ended in Dec. 2023 was 9.00%.

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

ZFSVF' s Pretax Margin % Range Over the Past 10 Years
Min: 5.52   Med: 8.83   Max: 14.53
Current: 9.24


ZFSVF's Pretax Margin % is ranked worse than
52.06% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs ZFSVF: 9.24

Zurich Insurance Group AG Pretax Margin % Historical Data

The historical data trend for Zurich Insurance Group AG'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.

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Zurich Insurance Group AG Pretax Margin % Chart

Zurich Insurance Group AG 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 8.49 9.16 10.13 14.53 9.23

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
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 10.98 23.76 9.55 9.43 9.00

Competitive Comparison of Zurich Insurance Group AG's Pretax Margin %

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


Zurich Insurance Group AG's Pretax Margin % Distribution in the Insurance Industry

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

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



Zurich Insurance Group AG 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.

Zurich Insurance Group AG'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 )
=6458/69963
=9.23 %

Zurich Insurance Group AG'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 )
=2853/31715
=9.00 %

* 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.


Zurich Insurance Group AG  (OTCPK:ZFSVF) 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.


Zurich Insurance Group AG Pretax Margin % Related Terms

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

Address
Mythenquai 2, Corporate Center, Zurich, CHE, 8002
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.