American National Inc EBIT margin
What is the EBIT margin of American National Inc?
The EBIT margin of American National Group Inc is 18.34%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Finance sector on NASDAQ compared to American National Inc
What does American National Inc do?
American National is a family of companies. American National Insurance Company, founded in 1905 and headquartered in Galveston, Texas, and other American National subsidiaries offer a broad portfolio of products and services, which include life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products. The American National companies operate in all 50 states. American National established a dedicated property and casualty division in 1973 with American National Property And Casualty Company, Springfield, MO. This company serves 38 states not including NY. To better serve the unique insurance needs of the agricultural market, American National acquired the Farm Family group of insurance companies based in NY in 2001
Companies with ebit margin similar to American National Inc
- Tanla Solutions has EBIT margin of 18.32%
- Dr. Reddy's Laboratories has EBIT margin of 18.32%
- Church & Dwight Co has EBIT margin of 18.32%
- Church & Dwight Co has EBIT margin of 18.32%
- CropEnergies AG has EBIT margin of 18.33%
- CropEnergies AG has EBIT margin of 18.33%
- American National Inc has EBIT margin of 18.34%
- Gillette India has EBIT margin of 18.34%
- Teledyne Technologies Inc has EBIT margin of 18.35%
- Fortuna Mining has EBIT margin of 18.36%
- Tencent has EBIT margin of 18.36%
- Legrand SA has EBIT margin of 18.36%
- Abbott India has EBIT margin of 18.41%