E-L Financial Corporation Limited (TSX:ELF)

E-L Financial Corporation Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	8,325	7,942	7,963	7,456	6,745	8,149
Investments in Equity & Preferred Securities	11,210	10,397	9,645	8,318	7,285	8,283
Policy Loans	85.72	87.66	62.92	47.17	50.04	109.73
Other Investments	0.76	0.44	0.84	4.96	9.03	5
Total Investments	19,680	18,494	17,751	15,925	14,203	16,705
Cash & Equivalents	596	564.4	373.41	440.86	302.95	636.1
Reinsurance Recoverable	332.83	326.63	296.07	281.36	310.04	-
Other Receivables	89.68	111.29	57.3	53.87	120.9	111.69
Separate Account Assets	10,933	10,148	9,394	8,813	8,566	9,257
Property, Plant & Equipment	1.35	0.86	2.73	13.91	14.68	16.81
Goodwill	38.89	38.89	24.99	24.95	24.47	-
Other Intangible Assets	74.5	78.49	58.75	61.51	60.57	28.51
Other Current Assets	10.74	15.28	14.82	13.83	9.78	6.3
Long-Term Deferred Tax Assets	97.07	85	92.28	89.44	89.62	-
Other Long-Term Assets	125.4	98.77	53.79	42.21	45.54	29.16
Total Assets	31,980	29,961	28,119	25,760	23,747	26,791

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	167.72	82.59	83.88	107.92	73.33
Insurance & Annuity Liabilities	7,057	6,828	6,868	6,708	6,145	7,281
Reinsurance Payable	248.27	248.53	213.85	253.23	217.06	253.33
Current Income Taxes Payable	-	19.62	67.03	19.94	-	52.72
Long-Term Debt	848.86	599.57	598.87	733.37	702.92	602.16
Long-Term Deferred Tax Liabilities	710.18	616.43	524.16	351.57	247.44	373.75
Separate Account Liability	10,933	10,148	9,394	8,813	8,566	9,257
Other Current Liabilities	17.71	17.73	16.87	16.87	12.78	13.14
Other Long-Term Liabilities	835.51	667.24	614.74	517.23	355.81	263.31
Total Liabilities	20,651	19,313	18,380	17,497	16,355	18,196

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Preferred Stock, Convertible	300	300	300	300	300	300
Common Stock	62.25	62.34	62.35	62.35	64.06	66.66
Retained Earnings	9,296	8,660	8,017	6,729	5,949	6,853
Comprehensive Income & Other	116.49	102.99	89.84	68.92	48.3	96.09
Total Common Equity	9,475	8,825	8,169	6,860	6,062	7,016
Minority Interest	1,555	1,523	1,270	1,102	1,030	1,279
Shareholders' Equity	11,329	10,648	9,739	8,262	7,392	8,595
Total Liabilities & Equity	31,980	29,961	28,119	25,760	23,747	26,791

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	345.64	346.1	346.17	342.39	346.41	360.84
Total Common Shares Outstanding	345.64	346.1	346.17	342.39	346.41	360.84
Total Debt	848.86	599.57	598.87	733.37	702.92	602.16
Net Cash (Debt)	-252.87	-35.17	-225.46	-292.51	-399.97	33.94
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.71	-0.10	-0.62	-0.78	-1.13	0.08
Book Value Per Share	27.41	25.50	23.60	20.04	17.50	19.44
Tangible Book Value	9,361	8,708	8,085	6,773	5,977	6,987
Tangible Book Value Per Share	27.08	25.16	23.36	19.78	17.25	19.36

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 23, 2026

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