Abacus Life Inc (ABL)
7.81
-0.90
(-10.33%)
USD |
NASDAQ |
Nov 22, 10:15
Abacus Life Profit Margin (Quarterly): -18.21% for Sept. 30, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | -18.21% |
| June 30, 2024 | 2.65% |
| March 31, 2024 | -6.28% |
| December 31, 2023 | -26.26% |
| September 30, 2023 | 4.28% |
| June 30, 2023 | 59.32% |
| Date | Value |
|---|---|
| March 31, 2023 | 78.70% |
| December 31, 2022 | 68.15% |
| September 30, 2022 | 86.83% |
| June 30, 2022 | -1.59% |
| March 31, 2022 | 4.96% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
-26.26%
Minimum
Dec 2023
86.83%
Maximum
Sep 2022
22.96%
Average
4.28%
Median
Sep 2023
Profit Margin (Quarterly) Benchmarks
| Atlantic American Corp | -4.49% |
| Citizens Inc | 4.52% |
| Genworth Financial Inc | 4.61% |
| Lincoln National Corp | -12.58% |
| Brighthouse Financial Inc | 8.97% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | -5.90% |
| Return on Assets | -3.02% |
| Return on Invested Capital | -3.20% |
| Gross Profit Margin (Quarterly) | 92.23% |
| Operating Margin (Quarterly) | 23.29% |
| Return on Net Operating Assets | -6.84% |