Abacus Life Inc (ABL)
8.59
+0.05
(+0.59%)
USD |
NASDAQ |
Nov 04, 16:00
8.65
+0.06
(+0.70%)
After-Hours: 20:00
Abacus Life Profit Margin (Quarterly): 2.65% for June 30, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| 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
27.08%
Average
4.62%
Median
Profit Margin (Quarterly) Benchmarks
| Atlantic American Corp | -1.43% |
| Citizens Inc | 6.38% |
| Genworth Financial Inc | 4.39% |
| Lincoln National Corp | -12.58% |
| Brighthouse Financial Inc | 2.56% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | -3.91% |
| Return on Assets | -1.58% |
| Return on Invested Capital | -1.66% |
| Gross Profit Margin (Quarterly) | 90.56% |
| Operating Margin (Quarterly) | 25.71% |
| Return on Net Operating Assets | -3.38% |