Allianz SE (ETR: ALV)

Allianz SE Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	86,057	81,703	78,820	77,656	75,714	75,914
Total Interest & Dividend Income	5,455	1,629	38,631	14,400	24,704	18,167
Gain (Loss) on Sale of Investments	-1,874	991	-35,433	8,092	4,789	5,452
Other Revenue	7,767	13,755	13,197	14,327	12,324	12,876
Total Revenue	97,405	98,078	95,215	114,475	117,531	112,409
Revenue Growth (YoY)	-4.58%	3.01%	-16.82%	-2.60%	4.56%	10.48%
Policy Benefits	44,361	51,128	49,232	70,837	70,067	69,577
Policy Acquisition & Underwriting Costs	42,515	34,211	34,768	36,422	19,526	19,934
Amortization of Goodwill & Intangibles	296	319	323	307	260	196
Selling, General & Administrative	-2,392	-	-	-	8,302	7,987
Other Operating Expenses	227	363	32	15	35	67
Total Operating Expenses	83,758	86,021	84,355	107,592	101,010	100,537
Operating Income	13,647	12,057	10,860	6,883	16,521	11,872
Interest Expense	-	-	-	-1,159	-999	-1,110
Currency Exchange Gain (Loss)	105	93	-245	4,462	-5,130	741
Other Non Operating Income (Expenses)	187	-	-	-	-	-
EBT Excluding Unusual Items	14,076	12,150	10,615	10,186	10,392	11,503
Merger & Restructuring Charges	-735	-568	-951	-666	-788	-426
Pretax Income	13,341	11,582	9,664	9,520	9,604	11,077
Income Tax Expense	3,181	2,550	2,808	2,415	2,471	2,776
Earnings From Continuing Ops.	10,160	9,032	6,856	7,105	7,133	8,301
Minority Interest in Earnings	-550	-491	-435	-495	-326	-387
Net Income	9,610	8,541	6,421	6,610	6,807	7,914
Preferred Dividends & Other Adjustments	144	142	119	50	-	-
Net Income to Common	9,466	8,399	6,302	6,560	6,807	7,914
Net Income Growth	17.02%	33.02%	-2.86%	-2.89%	-13.99%	6.06%
Shares Outstanding (Basic)	392	396	405	411	413	419
Shares Outstanding (Diluted)	392	396	406	412	414	419
Shares Change (YoY)	-0.35%	-2.45%	-1.32%	-0.67%	-1.02%	-2.62%
EPS (Basic)	24.15	21.20	15.57	15.96	16.48	18.90
EPS (Diluted)	24.14	21.18	15.48	15.83	16.32	18.83
EPS Growth	15.85%	36.80%	-2.22%	-2.96%	-13.37%	8.89%
Free Cash Flow	-	22,322	16,334	23,713	30,601	35,135
Free Cash Flow Per Share	-	56.32	40.21	57.60	73.83	83.90
Dividend Per Share	-	13.800	11.400	10.800	9.600	9.600
Dividend Growth	-	21.05%	5.56%	12.50%	0%	6.67%
Operating Margin	14.01%	12.29%	11.41%	6.01%	14.06%	10.56%
Profit Margin	9.72%	8.56%	6.62%	5.73%	5.79%	7.04%
Free Cash Flow Margin	-	22.76%	17.15%	20.71%	26.04%	31.26%
EBITDA	14,763	13,122	11,857	8,201	17,631	12,921
EBITDA Margin	15.16%	13.38%	12.45%	7.16%	15.00%	11.49%
D&A For EBITDA	1,116	1,065	997	1,318	1,110	1,049
EBIT	13,647	12,057	10,860	6,883	16,521	11,872
EBIT Margin	14.01%	12.29%	11.41%	6.01%	14.06%	10.56%
Effective Tax Rate	23.84%	22.02%	29.06%	25.37%	25.73%	25.06%
Revenue as Reported	-	-	-	122,230	119,508	116,469

Source: S&P Capital IQ. Insurance template. Financial Sources.