Talanx AG

Talanx AG

TNXXF
Talanx AGUS flagOther OTC
131.00
USD
- -
- -
33.83BMarket Cap
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
73.99
75.52
184.62
187.57
185.93
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
10.26
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
1.25
1.25
1.25
1.25
1.25
30.05
32.08
33.24
1.25
32.85
36.8
41.34
49.07
- -
Tangible Book Value per Share
33.93
42.74
45.26
50.26
48.37
48.69
57.8
60.21
53.95
50.81
56.54
62.77
72.23
77.06
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
18,728
19,233
47,674
48,437
48,013
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
2,650
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
22.94
Profit Margin (%)
2.69
2.71
2.42
3
2.08
2.08
2.44
1.66
2.34
3.77
8.22
4.15
5.12
5.52
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
- -
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
22,200
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
6.06
4.95
2.91
4.58
2.53
1.56
1.89
1.61
2.62
-1.88
3.56
3.64
4.9
18.93
Return on Common Equity (%)
231.65
243.35
232.28
285.76
212.34
17.77
11.75
7.85
23.19
16.36
17.88
19.72
21.24
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
83
- -
LT Borrowings
- -
7,899
- -
LT Finance Leases
- -
284
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
258
258
258
Market Capitalization
29,189
28,800
29,280

Working Capital

FRC

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

Growth Rates

FRC

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
13.24%
21.16%
1.6%
Total Cash Common Dividend
7.32%
11.59%
13.54%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,315
1,533
24,083
-13,062
47,674
2025
11,956
225
26,112
10,144
48,437
2026
11,532
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.23
- -
- -
- -
7.66
2025
2.34
- -
- -
- -
9.6
2026
3
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
Torsten Leue
Full Time Employees
29,357
Sector
Financial Services
Industry
Insurance - Diversified
Address
HDI-Platz 1 Hanover Germany 30659
IPO Date
Feb 8, 2017
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

APIChat
  • Talanx AG (TLLXY) Q4 2025 Earnings Call Transcript

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