Intact 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
Net Premiums Earned	26,950	26,523	25,507	25,914	16,238
Investment Income	1,632	1,559	1,346	931	740
Net Gains on Investments	672	148	249	-326	249
Total Other Revenues	-1,165	-919	-614	-562	657
Revenue	28,089	27,311	26,488	25,957	17,884
Revenue Growth (YoY)	2.85%	3.11%	2.05%	45.14%	43.24%
Insurance Benefits & Claims	21,491	22,418	22,584	22,750	8,967
Policy Amortization Costs	-	-	-	-	5,611
Investment Expense	-	-	-	-	34
Other Operating Expenses	396	407	503	353	842
Operating Income	6,202	4,486	3,401	2,854	2,430
Interest Expense	-225	-222	-222	-177	-153
Other Non-Operating Income (Expense)	-1,670	-1,386	-1,375	330	291
Total Non-Operating Income (Expense)	-1,895	-1,608	-1,597	153	138
Pretax Income	4,307	2,878	1,804	3,007	2,568
Provision for Income Taxes	942	568	473	557	480
Net Income	3,365	2,297	1,316	2,454	2,067
Minority Interest in Earnings	-	13	15	-4	21
Net Income to Common	3,365	2,297	1,316	2,454	2,067
Net Income Growth	46.49%	74.54%	-46.37%	18.72%	91.03%
Shares Outstanding (Basic)	178	178	176	176	162
Shares Outstanding (Diluted)	178	179	176	176	162
Shares Change (YoY)	-0.21%	1.36%	0.34%	8.13%	13.57%
EPS (Basic)	18.88	12.37	6.99	13.63	12.40
EPS (Diluted)	18.88	12.36	6.99	13.63	12.40
EPS Growth	52.75%	76.82%	-48.72%	9.92%	72.22%
Free Cash Flow	4,388	3,387	1,846	3,665	3,146
Free Cash Flow Growth	29.55%	83.48%	-49.63%	16.50%	33.76%
Free Cash Flow Per Share	-	18.96	10.48	20.87	19.37
Dividends Per Share	5.320	4.840	4.400	4.000	3.400
Dividend Growth	9.92%	10.00%	10.00%	17.65%	2.41%
Operating Margin	22.08%	16.43%	12.84%	11.00%	13.59%
Profit Margin	11.98%	8.46%	5.02%	9.44%	11.68%
FCF Margin	15.62%	12.40%	6.97%	14.12%	17.59%
EBITDA	6,999	5,212	3,998	3,417	2,430
EBITDA Margin	24.92%	19.08%	15.09%	13.16%	13.59%
EBIT	6,202	4,486	3,401	2,854	2,430
EBIT Margin	22.08%	16.43%	12.84%	11.00%	13.59%
Effective Tax Rate	21.87%	19.74%	26.22%	18.52%	18.69%

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