Zurich Insurance Group AG Income Statement

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

Millions USD. 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	62,945	59,507	56,099	50,792	43,031
Investment Income	9,214	8,572	6,918	6,881	5,047
Net Gains on Investments	1,810	1,084	-696	-1,844	2,038
Total Other Revenues	-1,251	-1,064	-742	648	19,751
Revenue	72,718	68,099	61,579	56,477	69,867
Revenue Growth (YoY)	6.78%	10.59%	9.03%	-19.16%	18.42%
Insurance Benefits & Claims	-55,678	-53,487	-50,403	-46,565	44,070
Policy Amortization Costs	-	-	-	-	9,213
Investment Expense	-3,069	-2,864	-2,727	-2,341	-
Other Operating Expenses	-	-	-	-	8,794
Operating Income	131,465	124,450	114,709	105,383	7,790
Interest Expense	460	440	456	444	-469
Other Non-Operating Income (Expense)	-3,242	-2,832	-3,077	-2,594	-
Total Non-Operating Income (Expense)	-2,782	-2,392	-2,621	-2,150	-469
Pretax Income	10,040	8,465	6,458	5,374	7,321
Provision for Income Taxes	2,840	2,261	1,741	1,076	1,895
Net Income	6,798	5,814	4,351	3,964	5,202
Minority Interest in Earnings	403	390	366	334	223
Net Income to Common	6,798	5,814	4,351	3,964	5,202
Net Income Growth	16.93%	33.62%	9.76%	-23.80%	35.68%
Shares Outstanding (Basic)	143	144	145	148	149
Shares Outstanding (Diluted)	144	145	146	150	150
Shares Change (YoY)	-0.54%	-1.06%	-2.15%	-0.33%	0.07%
EPS (Basic)	47.68	40.48	29.96	26.71	34.99
EPS (Diluted)	47.20	40.15	29.73	26.50	34.66
EPS Growth	17.56%	35.05%	12.19%	-23.54%	35.60%
Free Cash Flow	5,423	7,229	6,927	4,507	2,591
Free Cash Flow Growth	-24.98%	4.36%	53.69%	73.95%	-49.68%
Free Cash Flow Per Share	37.66	49.92	47.33	30.13	17.27
Dividends Per Share	-	30.899	30.877	25.955	24.133
Dividend Growth	-	0.07%	18.96%	7.55%	6.76%
Operating Margin	180.79%	182.75%	186.28%	186.59%	11.15%
Profit Margin	9.90%	9.11%	7.66%	7.61%	7.76%
FCF Margin	7.46%	10.62%	11.25%	7.98%	3.71%
EBITDA	132,323	125,361	115,561	106,187	8,639
EBITDA Margin	181.97%	184.09%	187.66%	188.02%	12.36%
EBIT	131,465	124,450	114,709	105,383	7,790
EBIT Margin	180.79%	182.75%	186.28%	186.59%	11.15%
Effective Tax Rate	28.29%	26.71%	26.96%	20.02%	25.88%

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