Latest profit margin for CIT Group: 22.97% — see history and peer comparisons.
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+ FollowAs of Sep 2021
Trailing 12 months ending Sep 2021
CIT Group (CIT) currently reports a profit margin of 22.97% as of September 2021. That compares with -16.39% in the prior-year period — up 240.1% year over year. That is above the Finance sector average of 17.14%. Use the charts on this page to explore CIT Group's profit margin history and peer comparisons.
CIT Group's profit margin increased from -16.39% to 22.97% — a 240.1% year-over-year increase (period ending September 2021). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
CIT Group's profit margin of 22.97% is higher than the Finance sector average of 17.14%. That is roughly 34.0% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but CIT Group's current 22.97% should be judged against Finance norms (sector average: 17.14%) and against CIT's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of 22.97%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Finance average is 17.14%. From there, open related valuation or income-statement pages for CIT Group, and consider following CIT for alerts when major investors trade the stock.