Insurance Carriers: average industry financial ratios for U.S. listed companies
Industry: 63 - Insurance Carriers Measure of center:| Financial ratio | Year | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| Solvency Ratios | ||||||
| Debt ratio | 0.76 | 0.75 | 0.73 | 0.77 | 0.77 | 0.73 |
| Debt-to-equity ratio | 3.06 | 2.99 | 2.90 | 3.18 | 3.17 | 2.50 |
| Interest coverage ratio | 11.91 | 10.55 | 12.14 | 5.30 | 6.45 | 8.61 |
| Liquidity Ratios | ||||||
| Current Ratio | 13.74 | 16.92 | 9.55 | 8.53 | 4.88 | 4.68 |
| Quick Ratio | 1.45 | 26.41 | 5.41 | 1.37 | 1.59 | 1.63 |
| Cash Ratio | 13.54 | 14.85 | 9.55 | 8.37 | 4.89 | 4.37 |
| Profitability Ratios | ||||||
| Profit margin | 8.9% | 6.3% | 9.2% | 5.1% | 5.4% | 7.4% |
| ROE (Return on equity), after tax | 8.7% | 6.3% | 10.3% | 6% | 6.3% | 8% |
| ROA (Return on assets) | 1.4% | 1% | 2.2% | 0.8% | 1.2% | 1.8% |
| Gross margin | 40.9% | 35.9% | 38.5% | 42.2% | 40% | 43.1% |
| Operating margin (Return on sales) | 12.6% | 9.7% | 12.8% | 7.9% | 7.9% | 11.2% |
| Activity Ratios | ||||||
| Asset turnover (days) | 1699 | 1598 | 1545 | 1552 | 1531 | 1524 |
| Receivables turnover (days) | 29 | 6 | 6 | 7 | 6 | 3 |
| Inventory turnover (days) | 20 | 17 | 20 | 27 | 26 | 27 |
| Price Ratios | ||||||
| Dividend Payout Ratio | 0.17 | 0.15 | 0.24 | 0.31 | 0.23 | 0.26 |