National General Insurance Co. (P.J.S.C.) (DFM:NGI)

United Arab Emirates · Delayed Price · Currency is AED

5.84

+0.13 (2.28%)

At close: Aug 27, 2026

DFM:NGI Financials Overview

Financials in millions AED. Fiscal year is January - December.

Millions AED. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	696.44	665.76	609.89	436.33	344.8	386.22
Revenue Growth	13.11%	9.16%	39.78%	26.55%	-10.72%	14.45%
Operating Income	106.6	129.33	138.11	74.88	60.54	70.79
Net Income	97.74	119.19	127.5	74.88	60.54	70.79
Earnings Per Share	0.59	0.72	0.77	0.45	0.37	0.43
EPS Growth	-25.90%	-6.52%	70.27%	23.69%	-14.48%	53.52%

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Investments	61.05	103.39	120.97	57.82	24.42
Insurance	-	992.54	857.38	733.31	614.18
Total	1,255	1,096	978.35	791.13	638.6

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	64.76	44.02	62.42	74.88	116.36	54.4
Total Debt	-	-	-	-	-	6.8
Net Cash (Debt)	64.76	44.02	62.42	74.88	116.36	47.6
Net Cash Growth	-22.09%	-29.47%	-16.64%	-35.65%	144.48%	-77.25%
Net Cash Per Share	0.39	0.27	0.38	0.45	0.71	0.29

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	190.15	162.08	21.26	159.95	40.26	86.54
Capital Expenditures	-1.29	-0.99	-1.32	-3.11	-3.77	-4.98
Free Cash Flow	188.87	161.09	19.94	156.84	36.48	81.56
Free Cash Flow Growth	17.28%	708.00%	-87.29%	329.89%	-55.27%	40.86%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Margin	15.31%	19.43%	22.65%	17.16%	17.56%	18.33%
Pretax Margin	15.31%	19.43%	22.65%	17.16%	17.56%	18.33%
Profit Margin	14.03%	17.90%	20.91%	17.16%	17.56%	18.33%
FCF Margin	27.12%	24.20%	3.27%	35.95%	10.58%	21.12%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.450	0.450	0.450	0.227	0.227	0.273
Dividend Per Share Growth	0%	0%	97.98%	0%	-16.65%	99.93%
Dividend Yield	7.76%	7.73%	10.36%	6.40%	10.09%	13.76%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	9.86	8.71	6.47	9.41	8.07	6.61
P/FCF Ratio	5.10	6.44	41.37	4.49	13.40	5.74
PS Ratio	1.38	1.56	1.35	1.62	1.42	1.21