Talanx AG

Talanx AG

126.60
EUR
+0.10
(+0.08%)
15.89EPS
11.00P/E
28.66BMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
107.64
112.35
119.98
119.25
127.81
133.64
149.87
154.82
170.59
157.61
164.95
184.62
187.57
202.53
Basic EPS, GAAP
2.9
3.04
2.9
3.57
2.65
2.78
3.65
2.56
4
2.79
6.21
7.66
9.6
10.09
Free Cash Flow per Basic Share
20.99
21.06
22.26
15.18
17.11
13.58
25.22
22.38
39.08
22.44
31.78
32.65
32.42
- -
Dividend per Share
2.07
2.17
2.58
2.69
2.79
2.9
3.04
3
2.87
3.19
3.69
4.4
5
- -
Book Value per Share
28.19
31.64
32.76
35.75
34.86
34.47
40.15
41.01
34.48
34.1
40.46
45.16
52.16
55.82
Tangible Book Value per Share
18.1
23.35
24.89
28.07
26.97
26.74
32.24
33.58
28.61
28.29
31.19
36.31
43.46
47
Basic Weighted Avg Shares
253
253
253
253
253
253
253
253
253
253
255
258
258
258
Sales/Revenue/Turnover
27,195
28,403
30,330
30,146
32,311
33,784
37,886
39,139
43,129
39,894
42,010
47,674
48,437
52,299
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
122
121
128
94
127
99
77
127
173
87
121
141
141
- -
Net Income, GAAP
732
769
734
903
671
703
923
648
1,011
706
1,581
1,977
2,480
2,606
Effective Tax Rate (%)
19.74
19.95
30.28
27.59
23.37
27
25.32
19.14
24.06
27.78
10.22
29.9
23.37
25.64
Profit Margin (%)
2.69
2.71
2.42
3
2.08
2.08
2.44
1.66
2.34
1.77
3.76
4.15
5.12
4.98
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
4,049
4,010
3,384
3,488
4,168
4,983
6,171
6,109
7,193
9,535
9,105
8,698
8,183
8,897
Total Equity
11,124
12,900
13,431
14,648
14,224
14,261
16,610
17,099
15,123
14,332
16,794
18,495
20,897
22,049
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
3.33
2.71
1.56
2.39
1.34
1.16
1.75
1.47
2.02
-1.53
3.46
3.25
4.44
4.54
Return on Common Equity (%)
10.25
10.17
9.02
10.43
7.52
8.02
9.79
6.32
10.59
8.13
16.57
17.88
19.74
19.84

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
83
- -
- -
LT Borrowings
7,899
- -
8,897
LT Finance Leases
284
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
258
258
258
Market Capitalization
29,309
27,372
28,663

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
123,715
- -
131,208
Accounts Receivable, Net
345
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
83
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.94%
4.7%
12.99%
Free Cash Flow
11.29%
15.62%
-0.69%
Net Income, GAAP
20.39%
40.06%
25.44%
Sales/Revenue/Turnover
4.96%
4.61%
1.6%
Total Cash Common Dividend
7.32%
11.59%
13.54%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,315
13,862
11,754
8,988
47,674
2025
11,956
11,900
14,437
10,144
48,437
2026
11,532
16,186
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.23
2.01
1.94
1.49
7.66
2025
2.34
2.98
2.29
2
9.6
2026
3
2.81
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.4
2025
- -
- -
- -
- -
5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Torsten Leue
Full Time Employees
29,464
Sector
Finance
Industry
Life/Health insurance
Address
HDI-Platz 1 Hannover NI Germany 30659
IPO Date
Oct 2, 2012
Website
talanx.com
Business
Talanx AG, headquartered in Hannover, Germany and founded in 1903 as part of the HDI Haftpflichtverband der Deutschen Industrie V.a.G. group, operates as one of Europe's largest multi-brand insurance groups, providing primary insurance, reinsurance and asset management services worldwide across more than 175 countries. The company structures its activities into key segments including Retail Germany via brands such as HDI, neue leben, TARGO Versicherungen, LifeStyle Protection and PB Versicherungen, offering property/casualty, life, pension, legal protection and bancassurance products; Retail International through subsidiaries like Warta, TU Europa, Posta Biztosító, Yelum (formerly Liberty Seguros in Latin America) and CiV Life, delivering personal lines, property/casualty, life/health and affinity insurance; Industrial Lines under HDI Global, specializing in liability, motor, aviation, marine, cyber, credit/surety, agriculture and specialty coverage for corporate and industrial clients; Reinsurance encompassing property/casualty, life/health, facultative, nat cat and structured solutions via Hannover Re, one of the world's largest reinsurers; and asset management through Ampega, managing funds, real estate and investments for institutional and private investors. Talanx targets diverse customer segments from retail individuals and SMEs to large corporates and insurers, with strong footprints in Germany, Poland, Latin America (Brazil, Chile, Colombia, Ecuador), Central/Eastern Europe and global reinsurance markets. Recent developments include the 2023 acquisition of Liberty Mutual's personal and small commercial businesses in Latin America, rebranded as Yelum, positioning Talanx among the region's top insurers and completed in Brazil by late 2023 with further closings in 2024; the mutual agreement in late 2024 to end its strategic partnership with Meiji Yasuda Life by December 31, 2025, enabling Talanx to acquire the remaining shares in Polish subsidiaries Warta (24.3% stake) and TU Europa (50% minus one share) in early 2026 subject to approvals, boosting earnings consolidation; divestitures such as the 2025 sales of Argentinian/Uruguayan and Ecuadorian subsidiaries to local buyers; record financial performance with €1.964 billion group net income in the first nine months of 2025, lifting full-year forecasts; and a dividend increase to €2.70 approved in May 2025.

Company News

  • Talanx AG (OTCMKTS:TLLXY) Stock Short Interest Declines 99.1%

  • Talanx AG (TLLXY) Q4 2025 Earnings Call Transcript

  • Talanx (OTCMKTS:TLLXY) Stock Price Down 2.1% – Should You Sell?

  • Talanx: The Performance And Dividend Gem That Is Hardly Noticed