QBE Insurance Group Limited (FRA:QBE)

QBE Insurance Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	22,217	21,778	20,826	18,904	13,408	11,708
Total Interest & Dividend Income	877	851	790	264	122	226
Other Revenue	78	78	62	74	-	-
Total Revenue	23,172	22,707	21,678	19,242	13,530	11,934
Revenue Growth (YoY)	-5.67%	4.75%	12.66%	42.22%	13.37%	-5.62%
Policy Benefits	20,067	19,772	19,323	17,933	8,512	8,374
Policy Acquisition & Underwriting Costs	-	-	-	-	3,865	3,596
Amortization of Goodwill & Intangibles	-6	4	11	16	19	28
Other Operating Expenses	295	311	250	286	-	-
Total Operating Expenses	20,356	20,087	19,584	18,235	12,432	12,018
Operating Income	2,816	2,620	2,094	1,007	1,098	-84
Interest Expense	-164	-162	-169	-166	-177	-188
Earnings From Equity Investments	-7	-6	-2	-7	-7	-5
Other Non Operating Income (Expenses)	-64	-64	-63	-79	-70	-64
EBT Excluding Unusual Items	2,581	2,388	1,860	755	844	-341
Merger & Restructuring Charges	-10	-85	-	-106	-72	-104
Impairment of Goodwill	-	-	-	-	-	-390
Gain (Loss) on Sale of Assets	17	2	2	38	-	-2
Asset Writedown	-14	-14	-25	-11	-2	-48
Other Unusual Items	-	-	-	-	143	-587
Pretax Income	2,574	2,291	1,837	676	913	-1,472
Income Tax Expense	567	504	473	81	156	39
Earnings From Continuing Ops.	2,007	1,787	1,364	595	757	-1,511
Net Income to Company	2,007	1,787	1,364	595	757	-1,511
Minority Interest in Earnings	-8	-8	-9	-8	-7	-6
Net Income	1,999	1,779	1,355	587	750	-1,517
Preferred Dividends & Other Adjustments	50	50	50	50	50	25
Net Income to Common	1,949	1,729	1,305	537	700	-1,542
Net Income Growth	13.77%	31.29%	130.83%	-21.73%	-	-
Shares Outstanding (Basic)	1,506	1,501	1,490	1,482	1,474	1,421
Shares Outstanding (Diluted)	1,521	1,514	1,500	1,493	1,482	1,421
Shares Change (YoY)	1.03%	0.93%	0.47%	0.74%	4.29%	7.16%
EPS (Basic)	1.29	1.15	0.88	0.36	0.47	-1.09
EPS (Diluted)	1.28	1.14	0.87	0.36	0.47	-1.09
EPS Growth	13.00%	31.26%	141.67%	-23.73%	-	-
Free Cash Flow	3,094	2,548	1,480	2,800	2,725	1,194
Free Cash Flow Per Share	2.03	1.68	0.99	1.88	1.84	0.84
Dividend Per Share	0.582	0.538	0.423	0.265	0.218	0.031
Dividend Growth	18.78%	27.39%	59.44%	21.52%	606.87%	-91.55%
Operating Margin	12.15%	11.54%	9.66%	5.23%	8.12%	-0.70%
Profit Margin	8.41%	7.61%	6.02%	2.79%	5.17%	-12.92%
Free Cash Flow Margin	13.35%	11.22%	6.83%	14.55%	20.14%	10.01%
EBITDA	2,856	2,670	2,139	1,053	1,153	-20
EBITDA Margin	12.32%	11.76%	9.87%	5.47%	8.52%	-0.17%
D&A For EBITDA	40	50	45	46	55	64
EBIT	2,816	2,620	2,094	1,007	1,098	-84
EBIT Margin	12.15%	11.54%	9.66%	5.23%	8.12%	-0.70%
Effective Tax Rate	22.03%	22.00%	25.75%	11.98%	17.09%	-

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.