Definity Financial Corporation (FRA:XR6)
41.20
+0.40 (0.98%)
At close: Feb 20, 2026
Definity Financial Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. 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 |
Premiums & Annuity Revenue | 4,242 | 3,867 | 3,543 | 3,251 | 2,834 |
Total Interest & Dividend Income | 84 | 46.7 | 40.4 | 224.2 | 96.8 |
Gain (Loss) on Sale of Investments | 154.4 | 214.4 | 151.8 | -446.1 | -20.8 |
Other Revenue | 229.4 | 186 | 127.4 | 19.9 | 52.9 |
Total Revenue | 4,710 | 4,315 | 3,862 | 3,049 | 2,963 |
Revenue Growth (YoY) | 9.16% | 11.71% | 26.66% | 2.93% | 14.72% |
Policy Benefits | 2,496 | 2,325 | 3,169 | 2,849 | 1,722 |
Policy Acquisition & Underwriting Costs | 685.8 | 612.3 | - | - | 426.5 |
Selling, General & Administrative | - | - | - | - | 392.4 |
Other Operating Expenses | 932.8 | 847.5 | 258.1 | 188.8 | 146.9 |
Reinsurance Income or Expense | 72.7 | 61.8 | 50.3 | 36.5 | - |
Total Operating Expenses | 4,042 | 3,723 | 3,377 | 3,001 | 2,687 |
Operating Income | 667.7 | 591.5 | 485.7 | 47.9 | 275.2 |
Interest Expense | -22.9 | -9.6 | -5.3 | -0.6 | - |
Earnings From Equity Investments | 3.6 | -1.7 | -0.1 | -0.5 | 6 |
Currency Exchange Gain (Loss) | -27.8 | - | - | - | - |
EBT Excluding Unusual Items | 620.6 | 580.2 | 480.3 | 46.8 | 281.2 |
Merger & Restructuring Charges | -48.7 | -1.5 | -13.1 | - | - |
Gain (Loss) on Sale of Assets | 5.9 | - | - | - | - |
Other Unusual Items | - | - | - | 67 | - |
Pretax Income | 577.8 | 578.7 | 467.2 | 113.8 | 281.2 |
Income Tax Expense | 151.8 | 143.8 | 112.7 | 2.3 | 68 |
Earnings From Continuing Ops. | 426 | 434.9 | 354.5 | 111.5 | 213.2 |
Minority Interest in Earnings | -7.8 | -4.5 | -4.4 | -0.6 | - |
Net Income | 418.2 | 430.4 | 350.1 | 110.9 | 213.2 |
Net Income to Common | 418.2 | 430.4 | 350.1 | 110.9 | 213.2 |
Net Income Growth | -2.83% | 22.94% | 215.69% | -47.98% | 38.53% |
Shares Outstanding (Basic) | 117 | 115 | 115 | 115 | 105 |
Shares Outstanding (Diluted) | 119 | 117 | 117 | 117 | 105 |
Shares Change (YoY) | 2.23% | -0.09% | -0.26% | 10.91% | 1.35% |
EPS (Basic) | 3.57 | 3.75 | 3.04 | 0.96 | 2.03 |
EPS (Diluted) | 3.51 | 3.69 | 3.00 | 0.95 | 2.02 |
EPS Growth | -4.88% | 23.00% | 215.79% | -52.97% | 36.50% |
Free Cash Flow | 413 | 231.6 | 264.3 | 215 | 655.2 |
Free Cash Flow Per Share | 3.47 | 1.99 | 2.27 | 1.84 | 6.22 |
Dividend Per Share | 0.750 | 0.640 | 0.550 | 0.500 | 0.050 |
Dividend Growth | 17.19% | 16.36% | 10.00% | 900.00% | - |
Operating Margin | 14.18% | 13.71% | 12.58% | 1.57% | 9.29% |
Profit Margin | 8.88% | 9.98% | 9.06% | 3.64% | 7.20% |
Free Cash Flow Margin | 8.77% | 5.37% | 6.84% | 7.05% | 22.12% |
EBITDA | 713.7 | 632.3 | 516 | 120.9 | 280.9 |
EBITDA Margin | 15.15% | 14.66% | 13.36% | 3.96% | 9.48% |
D&A For EBITDA | 46 | 40.8 | 30.3 | 73 | 5.7 |
EBIT | 667.7 | 591.5 | 485.7 | 47.9 | 275.2 |
EBIT Margin | 14.18% | 13.71% | 12.58% | 1.57% | 9.29% |
Effective Tax Rate | 26.27% | 24.85% | 24.12% | 2.02% | 24.18% |
Source: S&P Global Market Intelligence. Insurance template. Financial Sources.