Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2)
Germany · Delayed Price · Currency is EUR 518.80
+0.80 (0.15%)
Aug 31, 2026, 5:35 PM CET
ETR:MUV2 Income Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
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 |
Premiums & Annuity Revenue | 58,179 | 58,856 | 59,164 | 56,307 | 55,187 | 55,202 |
Total Interest & Dividend Income | 1,537 | 3,080 | 1,266 | 1,693 | 3,488 | 5,379 |
Gain (Loss) on Sale of Investments | 1,094 | -302 | -244 | -894 | -2,705 | 2,677 |
Other Revenue | 731 | 679 | 718 | 718 | 395 | 219 |
| 61,541 | 62,313 | 60,904 | 57,824 | 56,365 | 63,477 | |
Revenue Growth | -1.75% | 2.31% | 5.33% | 2.59% | -11.20% | 7.67% |
Policy Benefits | 39,733 | 40,728 | 42,528 | 40,693 | 40,393 | 45,383 |
Selling, General & Administrative | 9,347 | 9,330 | 8,962 | 8,617 | 7,807 | 13,674 |
Other Operating Expenses | 2,768 | 2,463 | 2,379 | 2,568 | 2,103 | 730 |
Total Operating Expenses | 51,848 | 52,521 | 53,869 | 51,878 | 50,303 | 59,787 |
Operating Income | 9,693 | 9,792 | 7,035 | 5,946 | 6,062 | 3,690 |
Interest Expense | -268 | -248 | -207 | -168 | -287 | -352 |
Currency Exchange Gain (Loss) | -481 | -1,425 | 421 | -292 | 1,067 | 262 |
Other Non Operating Income (Expenses) | 327 | 523 | 545 | 47 | -207 | -1 |
EBT Excluding Unusual Items | 9,271 | 8,642 | 7,794 | 5,533 | 6,635 | 3,599 |
Merger & Restructuring Charges | - | - | - | - | - | -57 |
Asset Writedown | -15 | -14 | -4 | - | -1 | -58 |
Pretax Income | 9,256 | 8,628 | 7,790 | 5,533 | 6,634 | 3,484 |
Income Tax Expense | 2,388 | 2,507 | 2,100 | 936 | 1,324 | 552 |
Earnings From Continuing Ops. | 6,868 | 6,121 | 5,690 | 4,597 | 5,310 | 2,932 |
Minority Interest in Earnings | 2 | -3 | 14 | 9 | 3 | 1 |
Net Income | 6,870 | 6,118 | 5,704 | 4,606 | 5,313 | 2,933 |
Net Income to Common | 6,870 | 6,118 | 5,704 | 4,606 | 5,313 | 2,933 |
Net Income Growth | 33.22% | 7.26% | 23.84% | -13.31% | 81.15% | 142.20% |
Shares Outstanding (Basic) | 128 | 130 | 133 | 136 | 139 | 140 |
Shares Outstanding (Diluted) | 128 | 130 | 133 | 136 | 139 | 140 |
Shares Change | -2.59% | -2.36% | -2.27% | -2.43% | -0.52% | -0.13% |
EPS (Basic) | 53.72 | 47.15 | 42.92 | 33.87 | 38.12 | 20.94 |
EPS (Diluted) | 53.72 | 47.15 | 42.92 | 33.87 | 38.12 | 20.94 |
EPS Growth | 36.76% | 9.85% | 26.72% | -11.15% | 82.10% | 142.52% |
Additional Metrics
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 |
Free Cash Flow | 6,444 | 4,742 | 2,976 | 2,395 | 3,832 | 5,226 |
Free Cash Flow Per Share | 50.39 | 36.55 | 22.39 | 17.61 | 27.50 | 37.30 |
Dividend Per Share | 24.000 | 24.000 | 20.000 | 15.000 | 11.600 | 11.000 |
Dividend Growth | 20.00% | 20.00% | 33.33% | 29.31% | 5.46% | 12.25% |
Operating Margin | 15.75% | 15.71% | 11.55% | 10.28% | 10.76% | 5.81% |
Profit Margin | 11.16% | 9.82% | 9.37% | 7.97% | 9.43% | 4.62% |
Free Cash Flow Margin | 10.47% | 7.61% | 4.89% | 4.14% | 6.80% | 8.23% |
EBITDA | - | - | - | 8,570 | 8,686 | 4,042 |
EBITDA Margin | - | - | - | 14.82% | 15.41% | 6.37% |
D&A For EBITDA | - | - | - | 2,624 | 2,624 | 352 |
EBIT | 9,693 | 9,792 | 7,035 | 5,946 | 6,062 | 3,690 |
EBIT Margin | 15.75% | 15.71% | 11.55% | 10.28% | 10.76% | 5.81% |
Effective Tax Rate | 25.80% | 29.06% | 26.96% | 16.92% | 19.96% | 15.84% |