Latest profit margin for CIT Group: 22.97% — see history and peer comparisons.
Get informed when a big investor buys or sells
+ FollowAs of Sep 2021
Trailing 12 months ending Sep 2021
CIT Group's profit margin stands at 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 17.31%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
CIT Group reported 22.97% in profit margin versus -16.39% a year earlier — a 240.1% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
CIT Group sits higher the Finance benchmark (17.31%) with a profit margin of 22.97%. That is roughly 32.7% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A profit margin of 22.97% for CIT Group means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how CIT Group's profit margin evolved across reporting periods, while the comparison chart places CIT next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.