Insurance Carriers: Average Industry Financial Ratios for U.S. Listed Companies

Industry: 63 - Insurance Carriers     Measure of center:

Financial ratio Year
2022 2021 2020 2019 2018 2017
Solvency Ratios
Debt ratio 0.76 0.75 0.73 0.77 0.77
Debt-to-equity ratio 3.06 2.99 2.90 3.18 3.17
Interest coverage ratio 11.91 10.55 12.14 5.30 6.45
Liquidity Ratios
Current Ratio 13.74 16.92 9.55 8.53 4.88
Quick Ratio 1.45 26.41 5.41 1.37 1.59
Cash Ratio 13.54 14.85 9.55 8.37 4.89
Profitability Ratios
Profit margin 8.9% 6.3% 9.2% 5.1% 5.4%
ROE (Return on equity), after tax 8.7% 6.3% 10.3% 6% 6.3%
ROA (Return on assets) 1.4% 1% 2.2% 0.8% 1.2%
Gross margin 40.9% 35.9% 38.5% 42.2% 40%
Operating margin (Return on sales) 12.6% 9.7% 12.8% 7.9% 7.9%
Activity Ratios
Asset turnover (days) 1699 1598 1545 1552 1531
Receivables turnover (days) 29 6 6 7 6
Inventory turnover (days) 20 17 20 27 26
Price Ratios
Dividend Payout Ratio 0.17 0.15 0.24 0.31 0.23

These ratios are calculated for publicly traded U.S. companies that submit financial statements to the SEC. Hover over the ratio value in the table to see the exact number of companies included in the calculation.

View a list of companies in the industry ranked by revenue.

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