FedNat Co EBIT margin
What is the EBIT margin of FedNat Co?
The EBIT margin of FedNat Holding Co is -48.64%
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 FedNat Co
What does FedNat Co do?
FedNat Holding Company is a regional insurance holding company that controls substantially all aspects of the insurance underwriting, distribution and claims processes through its subsidiaries and contractual relationships with independent agents and general agents. The Company, through its wholly owned subsidiaries FedNat Insurance Company, Maison Insurance Company, and Monarch National Insurance Company, is focused on providing homeowners insurance in Florida, Texas, Louisiana, Alabama, South Carolina and Mississippi.
Companies with ebit margin similar to FedNat Co
- Apyx Medical has EBIT margin of -48.89%
- Cardlytics Inc has EBIT margin of -48.85%
- Horizon Discovery plc has EBIT margin of -48.85%
- Itaconix plc has EBIT margin of -48.82%
- Baumot AG has EBIT margin of -48.81%
- D2 L Inc has EBIT margin of -48.76%
- FedNat Co has EBIT margin of -48.64%
- theMaven has EBIT margin of -48.48%
- Ortel Communications has EBIT margin of -48.44%
- Carespan Health Inc has EBIT margin of -48.23%
- Premier Veterinary plc has EBIT margin of -48.18%
- KBS Fashion has EBIT margin of -47.93%
- WPX Inc has EBIT margin of -47.81%