Insurance Carriers: average industry financial ratios for U.S. listed companies
Industry: 63 - Insurance Carriers Measure of center:| Financial ratio | Year | |||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
| Solvency Ratios | ||||||
| Debt ratio | 0.75 | 0.73 | 0.77 | 0.77 | 0.73 | 0.74 |
| Debt-to-equity ratio | 2.99 | 2.90 | 3.18 | 3.17 | 2.50 | 2.80 |
| Interest coverage ratio | 10.55 | 12.14 | 5.30 | 6.45 | 8.61 | 9.37 |
| Liquidity Ratios | ||||||
| Current Ratio | 16.92 | 9.55 | 8.53 | 4.88 | 4.68 | 4.82 |
| Quick Ratio | 26.41 | 5.41 | 1.37 | 1.59 | 1.63 | 1.24 |
| Cash Ratio | 14.85 | 9.55 | 8.37 | 4.89 | 4.37 | 4.82 |
| Profitability Ratios | ||||||
| Profit margin | 6.3% | 9.2% | 5.1% | 5.4% | 7.4% | 7.3% |
| ROE (Return on equity), after tax | 6.3% | 10.3% | 6% | 6.3% | 8% | 8.7% |
| ROA (Return on assets) | 1% | 2.2% | 0.8% | 1.2% | 1.8% | 1.9% |
| Gross margin | 35.9% | 38.5% | 42.2% | 40% | 43.1% | 45.3% |
| Operating margin (Return on sales) | 9.7% | 12.8% | 7.9% | 7.9% | 11.2% | 11.9% |
| Activity Ratios | ||||||
| Asset turnover (days) | 1598 | 1545 | 1552 | 1531 | 1524 | 1643 |
| Receivables turnover (days) | 6 | 6 | 7 | 6 | 3 | 3 |
| Inventory turnover (days) | 17 | 20 | 27 | 26 | 27 | 23 |
| Price Ratios | ||||||
| Dividend Payout Ratio | 0.15 | 0.24 | 0.31 | 0.23 | 0.26 | 0.18 |