Intact Financial Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	24,784	24,587	23,944	22,451	22,439	16,238
Total Interest & Dividend Income	962	741	520	358	1,525	706
Gain (Loss) on Sale of Investments	778	672	148	249	-285	630
Other Revenue	62	67	89	96	103	310
Total Revenue	26,586	26,067	24,701	23,154	23,782	17,884
Revenue Growth	5.30%	5.53%	6.68%	-2.64%	32.98%	43.24%
Policy Benefits	15,822	15,354	15,769	14,485	13,656	8,967
Policy Acquisition & Underwriting Costs	6,000	5,825	5,440	5,168	4,833	5,611
Other Operating Expenses	55	67	428	1,116	2,037	413
Total Operating Expenses	21,877	21,246	21,637	20,769	20,526	14,991
Operating Income	4,709	4,821	3,064	2,385	3,256	2,893
Interest Expense	-221	-225	-222	-229	-177	-153
Currency Exchange Gain (Loss)	1	-16	173	86	-137	9
Other Non Operating Income (Expenses)	95	123	132	72	13	-
EBT Excluding Unusual Items	4,584	4,703	3,147	2,314	2,955	2,749
Merger & Restructuring Charges	-363	-396	-407	-517	-353	-464
Gain (Loss) on Sale of Assets	-	-	138	-	405	-
Asset Writedown	-	-	-	-	-	79
Other Unusual Items	-	-	-	7	-	204
Pretax Income	4,221	4,307	2,878	1,804	3,007	2,568
Income Tax Expense	927	942	568	473	557	480
Earnings From Continuing Ops.	3,294	3,365	2,310	1,331	2,450	2,088
Minority Interest in Earnings	-	-	-13	-15	4	-21
Net Income	3,294	3,365	2,297	1,316	2,454	2,067
Preferred Dividends & Other Adjustments	95	90	90	84	60	53
Net Income to Common	3,199	3,275	2,207	1,232	2,394	2,014
Net Income Growth	37.47%	48.39%	79.14%	-48.54%	18.87%	95.53%
Shares Outstanding (Basic)	177	178	178	176	176	162
Shares Outstanding (Diluted)	178	179	179	176	176	162
Shares Change	-0.50%	-0.06%	1.36%	0.34%	8.13%	13.57%
EPS (Basic)	18.03	18.39	12.38	6.99	13.63	12.40
EPS (Diluted)	17.99	18.35	12.36	6.99	13.63	12.40
EPS Growth	38.03%	48.46%	76.82%	-48.73%	9.93%	72.18%
Free Cash Flow	3,603	3,931	2,958	1,388	3,254	2,819
Free Cash Flow Per Share	20.26	22.02	16.56	7.88	18.53	17.36
Dividend Per Share	5.600	5.320	4.840	4.400	4.000	3.400
Dividend Growth	10.24%	9.92%	10.00%	10.00%	17.65%	2.41%
Operating Margin	17.71%	18.50%	12.40%	10.30%	13.69%	16.18%
Profit Margin	12.03%	12.56%	8.94%	5.32%	10.07%	11.26%
Free Cash Flow Margin	13.55%	15.08%	11.97%	6.00%	13.68%	15.76%
EBITDA	5,450	5,618	3,790	2,795	3,665	3,222
EBITDA Margin	20.50%	21.55%	15.34%	12.07%	15.41%	18.02%
D&A For EBITDA	741	797	726	410	409	329
EBIT	4,709	4,821	3,064	2,385	3,256	2,893
EBIT Margin	17.71%	18.50%	12.40%	10.30%	13.69%	16.18%
Effective Tax Rate	21.96%	21.87%	19.74%	26.22%	18.52%	18.69%