International General Insurance Holdings Gross Margin Growth & History (IGIC)
International General Insurance Holdings's gross margin was 21.73% for fiscal 2022.
View full International General Insurance Holdings company overviewInternational General Insurance Holdings annual gross margin history
2020
2021
2022
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2022 | 2022-12-31 | 21.73% | +9.26 pp |
| 2021 | 2021-12-31 | 12.47% | −3223.99 pp |
| 2020 | 2020-12-31 | 3,236.46% | — |
International General Insurance Holdings gross margin trends
Between the periods ended 2020-12-31 and 2022-12-31, International General Insurance Holdings's gross margin decreased from 3,236.46% to 21.73%, a change of −3214.73 percentage points.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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