Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2)

Germany · Delayed Price · Currency is EUR

549.40

-5.60 (-1.01%)

Apr 10, 2026, 5:39 PM CET

ETR:MUV2 Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Net Premiums Earned	58,856	59,164	56,307	53,775	55,202
Investment Income	-	-	501	291	1,119
Total Other Revenues	1,915	1,909	1,604	272	-
Revenue	60,771	61,073	58,412	54,338	56,321
Revenue Growth (YoY)	-0.49%	4.56%	7.50%	-3.52%	9.73%
Insurance Benefits & Claims	40,772	42,468	41,433	40,601	45,383
Policy Amortization Costs	9,330	8,962	8,617	7,807	13,674
Other Operating Expenses	7,882	9,257	7,742	3,168	6,686
Operating Income	2,787	386	620	2,762	-9,422
Interest Expense	-248	-207	-168	-179	-205
Other Non-Operating Income (Expense)	5,189	6,408	5,093	5,381	390
Total Non-Operating Income (Expense)	4,941	6,201	4,925	5,202	185
Pretax Income	7,728	6,587	5,545	7,964	-9,237
Provision for Income Taxes	2,507	2,100	936	1,324	552
Net Income	6,118	5,704	4,606	5,313	2,933
Minority Interest in Earnings	3	-14	-9	-3	-1
Net Income to Common	6,118	5,704	4,606	5,313	2,933
Net Income Growth	7.26%	23.84%	-13.31%	81.15%	142.20%
Shares Outstanding (Basic)	130	133	136	139	140
Shares Outstanding (Diluted)	130	133	136	139	140
Shares Change (YoY)	-2.36%	-2.27%	-2.43%	-0.53%	-0.13%
EPS (Basic)	47.15	42.93	33.88	38.12	20.93
EPS (Diluted)	47.15	42.93	33.88	38.12	20.93
EPS Growth	9.83%	26.71%	-11.12%	82.13%	142.53%
Shares Outstanding	127.96	131.41	134.6	137.64	140.1
Free Cash Flow	4,742	2,976	2,395	3,832	5,226
Free Cash Flow Growth	59.34%	24.26%	-37.50%	-26.67%	-27.61%
Free Cash Flow Per Share	36.55	22.40	17.61	27.50	37.30
Dividends Per Share	24.000	20.000	15.000	11.600	11.000
Dividend Growth	20.00%	33.33%	29.31%	5.46%	12.25%
Operating Margin	4.59%	0.63%	1.06%	5.08%	-16.73%
Profit Margin	10.07%	9.32%	7.87%	9.77%	5.21%
FCF Margin	7.80%	4.87%	4.10%	7.05%	9.28%
EBITDA	3,146	761	937	5,635	-9,422
EBITDA Margin	5.18%	1.25%	1.60%	10.37%	-16.73%
EBIT	2,787	386	620	2,762	-9,422
EBIT Margin	4.59%	0.63%	1.06%	5.08%	-16.73%
Effective Tax Rate	32.44%	31.88%	16.88%	16.62%	-5.98%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.