Allianz SE (ETR: ALV)

Allianz SE Income Statement

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

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	84,508	81,703	78,820	77,656	75,714	75,914
Total Interest & Dividend Income	544	1,629	38,631	14,400	24,704	18,167
Gain (Loss) on Sale of Investments	3,722	991	-35,433	8,092	4,789	5,452
Other Revenue	14,124	13,755	13,197	14,327	12,324	12,876
Total Revenue	102,898	98,078	95,215	114,475	117,531	112,409
Revenue Growth (YoY)	6.02%	3.01%	-16.82%	-2.60%	4.56%	10.48%
Policy Benefits	53,953	51,128	49,232	70,837	70,067	69,577
Policy Acquisition & Underwriting Costs	34,365	34,211	34,768	36,422	19,526	19,934
Amortization of Goodwill & Intangibles	302	319	323	307	260	196
Selling, General & Administrative	101	-	-	-	8,302	7,987
Other Operating Expenses	413	363	32	15	35	67
Total Operating Expenses	89,223	86,021	84,355	107,592	101,010	100,537
Operating Income	13,675	12,057	10,860	6,883	16,521	11,872
Interest Expense	-202	-	-	-1,159	-999	-1,110
Currency Exchange Gain (Loss)	-199	93	-245	4,462	-5,130	741
Other Non Operating Income (Expenses)	1	-	-	-	-	-
EBT Excluding Unusual Items	13,275	12,150	10,615	10,186	10,392	11,503
Merger & Restructuring Charges	-653	-568	-951	-666	-788	-426
Pretax Income	12,622	11,582	9,664	9,520	9,604	11,077
Income Tax Expense	2,944	2,550	2,808	2,415	2,471	2,776
Earnings From Continuing Ops.	9,678	9,032	6,856	7,105	7,133	8,301
Minority Interest in Earnings	-518	-491	-435	-495	-326	-387
Net Income	9,160	8,541	6,421	6,610	6,807	7,914
Preferred Dividends & Other Adjustments	143	142	119	50	-	-
Net Income to Common	9,017	8,399	6,302	6,560	6,807	7,914
Net Income Growth	9.86%	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)	-2.16%	-2.45%	-1.32%	-0.67%	-1.02%	-2.62%
EPS (Basic)	23.01	21.20	15.57	15.96	16.48	18.90
EPS (Diluted)	22.99	21.18	15.48	15.83	16.32	18.83
EPS Growth	12.61%	36.80%	-2.22%	-2.96%	-13.37%	8.89%
Free Cash Flow	23,142	22,322	16,334	23,713	30,601	35,135
Free Cash Flow Per Share	59.03	56.32	40.21	57.60	73.83	83.90
Dividend Per Share	13.800	13.800	11.400	10.800	9.600	9.600
Dividend Growth	21.05%	21.05%	5.56%	12.50%	0%	6.67%
Operating Margin	13.29%	12.29%	11.41%	6.01%	14.06%	10.56%
Profit Margin	8.76%	8.56%	6.62%	5.73%	5.79%	7.04%
Free Cash Flow Margin	22.49%	22.76%	17.15%	20.71%	26.04%	31.26%
EBITDA	14,676	13,122	11,857	8,201	17,631	12,921
EBITDA Margin	14.26%	13.38%	12.45%	7.16%	15.00%	11.49%
D&A For EBITDA	1,001	1,065	997	1,318	1,110	1,049
EBIT	13,675	12,057	10,860	6,883	16,521	11,872
EBIT Margin	13.29%	12.29%	11.41%	6.01%	14.06%	10.56%
Effective Tax Rate	23.32%	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.