1. Israel Stocks

  2. •

    Finance

  3. •

    Multi-line insurance
Phoenix Financial Ltd

Phoenix Financial Ltd

TTASE:PHOE
18,630.00
ILA
+90.00
(+0.49%)
1,352.35EPS
12.53P/E
4.15TMarket Cap
Dec 02Next Earn
Phoenix Financial Ltd
TASE:PHOE
(Tel Aviv Stock Exchange)

Recent

price

18,630.00

P/E

ratio

12.53

div

yld

2.97%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
ILS
45.11
32.27
45.5
53
46.58
48.24
53.4
64.31
47.34
84.85
66.81
113
33.74
95.22
106.52
120.14
124.23
Revenue per Share
1.41
0.43
1.02
3.02
2.06
1.07
2.47
2.88
2.58
1.06
4.57
7.76
5
3.07
9.49
12.78
13.14
Basic EPS, GAAP
-0.8
2.94
2.49
3.29
1.63
13.51
1.56
0.01
-4.07
0.81
17.19
16.52
8.76
4.52
-6.33
13.65
15.87
Free Cash Flow per Basic Share
0.13
0.22
- -
1.32
0.81
- -
- -
- -
0.47
0.98
- -
2.29
2.31
1.17
2.12
6.01
5.53
Dividend per Share
11.87
11.75
14.41
16.28
17.8
19.32
22.26
25.25
24.65
25.9
31.3
37.63
40.2
39.01
45.82
49.33
52.07
Book Value per Share
3.4
3.76
6.47
8.49
9.59
11.33
14.47
18.09
18.28
19.03
23.38
26.81
28.34
24.81
30.53
32.76
32.15
Tangible Book Value per Share
220
219
244
245
246
246
246
246
253
256
256
253
252
253
252
252
253
Basic Weighted Avg Shares
9,905
7,059
11,106
12,987
11,459
11,859
13,146
15,837
11,965
21,732
17,102
28,621
8,490
24,108
26,851
30,297
31,433
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
242
283
185
239
217
259
245
256
252
301
300
354
409
499
562
629
662
Depreciation Expense
309
95
250
739
507
264
608
710
651
271
1,169
1,965
1,257
777
2,391
3,223
3,324
Net Income, GAAP
32.25
56.42
33.14
35.48
32.12
25.27
22.5
30.14
26.19
25.91
31.42
24.97
27.2
22.89
31.63
33.31
31.9
Effective Tax Rate (%)
3.12
1.34
2.25
5.69
4.43
2.23
4.62
4.48
5.44
1.25
6.84
6.86
14.81
3.22
8.9
10.64
10.58
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
3,655
735
3,049
5,447
5,368
2,903
2,961
3,369
3,988
4,756
4,814
5,603
6,700
13,045
3,944
5,810
20,328
LT Debt
2,699
2,625
3,249
3,654
3,929
4,274
4,839
5,745
6,426
6,743
8,082
9,923
10,533
10,180
11,823
12,883
13,612
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
6.58
3.3
7.02
10.75
5.99
3.81
8.81
9.26
7.49
3.12
10.02
14.1
7.92
4.46
11.99
17.59
11.51
Return on Capital (%)
12.76
3.66
8.81
22.16
13.78
6.63
13.55
13.5
10.84
4.19
16.01
22.3
12.7
7.76
22.38
26.87
26.27
Return on Common Equity (%)

Capital Structure

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,449
3,183
- -
LT Borrowings
5,627
6,785
20,328
LT Finance Leases
183
207
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
253
253
252
Market Capitalization
33,391
41,982
41,492

Working Capital

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
25,332
24,750
28,093
Accounts Receivable, Net
1,450
1,673
1,567
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
2,449
3,183
- -
Deferred Revenue
- -
- -
- -

Growth Rates

ILS

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.93%
10.13%
8.96%
Free Cash Flow
-6,387.19%
-131.12%
-315.65%
Net Income, GAAP
64.73%
47.25%
34.78%
Sales/Revenue/Turnover
27.24%
41.04%
12.84%
Total Cash Common Dividend
- -
- -
183.16%

Quarterly Revenue

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,282
3,794
7,013
8,641
26,851
2025
3,658
9,454
8,437
9,100
30,297
2026
3,350
10,545
- -
- -
- -

Quarterly Earnings Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.01
1.47
2.98
2.82
9.49
2025
2.2
3.81
3.22
3.55
12.78
2026
2.79
3.58
- -
- -
- -

Quarterly Dividends Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1.05
1.07
- -
2.12
2025
2.25
0.92
1.58
1.26
6.01
2026
- -
2.69
- -
- -
- -
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Business
The Phoenix Financial Ltd (TASE: PHOE), formerly The Phoenix Holdings Ltd, operates as Israel's leading financial services group, providing a comprehensive range of insurance, savings, pension, investment management, and credit products primarily to individual and corporate customers throughout Israel. The company offers multi-line insurance products including life and savings policies, health insurance, property and casualty coverage such as car, home, mortgage, and travel insurance; retirement solutions encompassing pension and provident funds; investment services through its investment house comprising mutual funds management, underwriting, investment banking, stock exchange trading, and wealth management platforms; distribution via agencies and brokerage; and credit services including payment card factoring, business loans, guarantees, construction financing, and real estate-backed lending. Founded in 1949 and headquartered at 53 Derech HaShalom, Givatayim, the company serves as a diversified provider across these segments with approximately 5,200 employees and assets under management supporting its market-leading position. In July 2025, Phoenix Financial completed a transaction to acquire HagOz (2015) Ltd, increasing its stake in subsidiary Phoenix Agencies to 95% through issuance of 3.95 million shares valued at NIS 381.5 million and a cash payment of NIS 381.5 million plus interest, reflecting a total HagOz valuation of NIS 763 million and accelerating growth in its brokers and advisors business with revised 2027 core income targets of NIS 350-450 million. Between July 2024 and January 2025, major shareholders Centerbridge Partners and Gallatin Point sold up to 21.5% of the company's shares to international and Israeli investors including Affinity Partners (nearly 10% stake), Delek Group, Lazard Asset Management, and others at NIS 37.50 per share, diversifying the shareholder base while Centerbridge and Gallatin retained about 10%. The company reported robust 2025 performance with 40% profit growth for the first nine months, declared NIS 400 million in Q2 dividends plus NIS 230 million in Q1, expanded its share buyback program to NIS 200 million, and maintains strong solvency ratios above targets.