Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2)
Germany flag Germany · Delayed Price · Currency is EUR
512.40
-4.80 (-0.93%)
Aug 11, 2026, 5:05 PM CET

ETR:MUV2 Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
67,46768,76967,01263,42460,52369,260
Revenue Growth
-0.38%2.62%5.66%4.79%-12.62%8.23%
Operating Income
9,5198,8767,9985,7026,8123,517
Net Income
6,8706,1185,7044,6065,3132,933
Earnings Per Share
53.7547.1542.9333.8838.1220.93
EPS Growth
38.64%9.83%26.71%-11.12%82.13%142.53%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Life and Health Reinsurance Gross Premiums Written
15,01114,83014,68913,24913,67612,561
Property-Casualty Reinsurance Gross Premiums Written
23,20524,74626,839---
Global Specialty Insurance Gross Premiums Written
9,1369,4279,597---
Life and Health Germany Gross Premiums Written
--10,45610,3499,7039,203
Property-Casualty Germany Gross Premiums Written
--4,6914,3834,1983,919
International Gross Premiums Written
7,6617,1826,5355,9605,1575,092
Revenue (Total)
67,46768,76967,01263,42460,52369,260

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Equivalents
5,8195,5026,1165,5956,4395,413
Total Debt
5,0834,6815,3735,5406,1130
Net Cash (Debt)
-5,083-4,681-5,373-5,540-6,113-0
Net Cash Growth
------
Net Cash Per Share
-39.78-36.08-40.43-40.74-43.86-

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
6,5874,9063,1432,5433,9725,226
Capital Expenditures
-143-164-167-148-140-
Free Cash Flow
6,4444,7422,9762,3953,8325,226
Free Cash Flow Growth
33.25%59.34%24.26%-37.50%-26.67%-27.61%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
14.11%12.91%11.94%8.99%11.26%5.08%
Pretax Margin
13.62%12.55%11.63%8.73%10.96%4.65%
Profit Margin
10.18%8.90%8.49%7.25%8.77%4.23%
FCF Margin
9.55%6.90%4.44%3.78%6.33%7.55%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
24.00024.00020.00015.00011.60011.000
Dividend Per Share Growth
20.00%20.00%33.33%29.31%5.46%12.25%
Dividend Yield
4.64%3.58%3.10%3.10%3.66%3.78%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.6311.9211.3511.077.9712.45
Forward PE
11.1912.4611.5110.3110.1311.14
P/FCF Ratio
10.0915.1721.5121.0810.926.98
PS Ratio
1.061.050.960.800.690.53