Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	9.73B	12.31B	6.92B	6.34B	1.80B
Operating Expenses	9.21B	11.86B	6.52B	5.99B	1.38B
Pretax Income	533.12M	466.44M	401.17M	357.61M	401.82M
Income Tax	53.27M	46.98M	0.00M	0.02M	0.02M
Net Income	475.05M	416.81M	401.16M	357.59M	401.80M
Premium Revenue	9.48B	12.08B	6.71B	6.20B	1.40B
Policy Benefits	8.32B	11.06B	5.98B	5.53B	0.91B
Policy Cost	659.84M	548.03M	335.42M	279.90M	233.29M
EPS (Basic)	0.83	0.73	0.70	0.63	0.70
EPS (Diluted)	0.83	0.73	0.70	0.63	0.70
DPS	0.47	0.45	0.45	0.40	0.40
Margins & Efficiency
Net Margin %	+4.9%	+3.4%	+5.8%	+5.6%	+22.3%
Revenue & Income
Revenue Growth (YoY)	-21.0%	+77.8%	+9.2%	+252.3%	+7.9%
Revenue Insurance	9.73B	12.31B	6.92B	6.34B	1.80B
Premiums Annuity Rev	9.48B	12.08B	6.71B	6.20B	1.40B
Other Revenue Insurance	—	—	—	—	234.34M
Gain Investment Rev Insurance	22.05M	18.35M	38.14M	-15.04M	15.16M
Expenses & Provisions
SG&A Insurance	7.67M	10.05M	5.78M	6.36M	229.99M
Other Opex Insurance	216.15M	238.39M	202.70M	172.94M	—
Total Opex Insurance	9.21B	11.86B	6.52B	5.99B	1.38B
Policy Benefits	8.32B	11.06B	5.98B	5.53B	0.91B
Policy Cost	659.84M	548.03M	335.42M	279.90M	233.29M
Provision for Bad Debts	—	—	—	—	4.28M
Asset Writedown	11.73M	11.85M	-2.15M	7.55M	-16.97M
D&A For EBITDA	22.68M	24.63M	20.77M	19.72M	17.27M
Deferred Policy Acquisition Cost	—	—	—	—	93.76M
Profitability & Returns
EBIT	521.39M	454.59M	403.32M	350.06M	418.78M
EBIT Margin	+5.4%	+3.7%	+5.8%	+5.5%	+23.3%
EBITDA	544.08M	479.22M	424.09M	369.78M	436.05M
EBITDA Margin	+5.6%	+3.9%	+6.1%	+5.8%	+24.2%
EBT Excluding Unusual Items	521.39M	454.59M	403.32M	350.06M	418.78M
Pretax Income	533.12M	466.44M	401.17M	357.61M	401.82M
Opinc Insurance	521.39M	454.59M	403.32M	350.06M	418.78M
Operating Margin	+5.4%	+3.7%	+5.8%	+5.5%	+23.3%
Profit Margin	+4.9%	+3.4%	+5.8%	+5.6%	+22.3%
Net Income	475.05M	416.81M	401.16M	357.59M	401.80M
Net Income to Common	475.05M	416.81M	401.16M	357.59M	401.80M
Net Income Growth	+14.0%	+3.9%	+12.2%	-11.0%	+8.3%
Earnings From Continuing Ops.	479.85M	419.46M	401.16M	357.59M	401.80M
Minority Interest in Earnings	-4.80M	-2.65M	—	—	—
Income Tax Expense	53.27M	46.98M	0.00M	0.02M	0.02M
Effective Tax Rate	+10.0%	+10.1%	0.0%	0.0%	0.0%
Per Share & Capital
EPS (Basic)	0.83	0.73	0.70	0.63	0.70
EPS (Diluted)	0.83	0.73	0.70	0.63	0.70
EPS Growth	+14.0%	+3.9%	+12.2%	-11.0%	+8.3%
Dividend Per Share	0.47	0.45	0.45	0.40	0.40
Shares Outstanding (Basic)	570.00M	570.00M	570.00M	570.00M	570.00M
Shares Outstanding (Diluted)	570.00M	570.00M	570.00M	570.00M	570.00M
Dividend Growth	+4.4%	—	+12.5%	—	+14.3%
Free Cash Flow	414.76M	23.76M	283.47M	316.00M	523.70M
Free Cash Flow Margin	+4.3%	+0.2%	+4.1%	+5.0%	+29.1%
Free Cash Flow Per Share	0.73	0.04	0.50	0.55	0.92
Payout Ratio	+54.0%	+61.5%	+56.8%	+63.8%	+49.7%
Supplemental
Total Interest Dividend Income	224.81M	211.52M	178.35M	147.96M	146.00M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	9.73B	12.31B	6.92B	6.34B	1.80B
Operating Expenses	9.21B	11.86B	6.52B	5.99B	1.38B
Pretax Income	533.12M	466.44M	401.17M	357.61M	401.82M
Income Tax	53.27M	46.98M	0.00M	0.02M	0.02M
Net Income	475.05M	416.81M	401.16M	357.59M	401.80M
Premium Revenue	9.48B	12.08B	6.71B	6.20B	1.40B
Policy Benefits	8.32B	11.06B	5.98B	5.53B	0.91B
Policy Cost	659.84M	548.03M	335.42M	279.90M	233.29M
EPS (Basic)	0.83	0.73	0.70	0.63	0.70
EPS (Diluted)	0.83	0.73	0.70	0.63	0.70
DPS	0.47	0.45	0.45	0.40	0.40
Margins & Efficiency
Net Margin %	+4.9%	+3.4%	+5.8%	+5.6%	+22.3%
Revenue & Income
Revenue Growth (YoY)	-21.0%	+77.8%	+9.2%	+252.3%	+7.9%
Revenue Insurance	9.73B	12.31B	6.92B	6.34B	1.80B
Premiums Annuity Rev	9.48B	12.08B	6.71B	6.20B	1.40B
Other Revenue Insurance	—	—	—	—	234.34M
Gain Investment Rev Insurance	22.05M	18.35M	38.14M	-15.04M	15.16M
Expenses & Provisions
SG&A Insurance	7.67M	10.05M	5.78M	6.36M	229.99M
Other Opex Insurance	216.15M	238.39M	202.70M	172.94M	—
Total Opex Insurance	9.21B	11.86B	6.52B	5.99B	1.38B
Policy Benefits	8.32B	11.06B	5.98B	5.53B	0.91B
Policy Cost	659.84M	548.03M	335.42M	279.90M	233.29M
Provision for Bad Debts	—	—	—	—	4.28M
Asset Writedown	11.73M	11.85M	-2.15M	7.55M	-16.97M
D&A For EBITDA	22.68M	24.63M	20.77M	19.72M	17.27M
Deferred Policy Acquisition Cost	—	—	—	—	93.76M
Profitability & Returns
EBIT	521.39M	454.59M	403.32M	350.06M	418.78M
EBIT Margin	+5.4%	+3.7%	+5.8%	+5.5%	+23.3%
EBITDA	544.08M	479.22M	424.09M	369.78M	436.05M
EBITDA Margin	+5.6%	+3.9%	+6.1%	+5.8%	+24.2%
EBT Excluding Unusual Items	521.39M	454.59M	403.32M	350.06M	418.78M
Pretax Income	533.12M	466.44M	401.17M	357.61M	401.82M
Opinc Insurance	521.39M	454.59M	403.32M	350.06M	418.78M
Operating Margin	+5.4%	+3.7%	+5.8%	+5.5%	+23.3%
Profit Margin	+4.9%	+3.4%	+5.8%	+5.6%	+22.3%
Net Income	475.05M	416.81M	401.16M	357.59M	401.80M
Net Income to Common	475.05M	416.81M	401.16M	357.59M	401.80M
Net Income Growth	+14.0%	+3.9%	+12.2%	-11.0%	+8.3%
Earnings From Continuing Ops.	479.85M	419.46M	401.16M	357.59M	401.80M
Minority Interest in Earnings	-4.80M	-2.65M	—	—	—
Income Tax Expense	53.27M	46.98M	0.00M	0.02M	0.02M
Effective Tax Rate	+10.0%	+10.1%	0.0%	0.0%	0.0%
Per Share & Capital
EPS (Basic)	0.83	0.73	0.70	0.63	0.70
EPS (Diluted)	0.83	0.73	0.70	0.63	0.70
EPS Growth	+14.0%	+3.9%	+12.2%	-11.0%	+8.3%
Dividend Per Share	0.47	0.45	0.45	0.40	0.40
Shares Outstanding (Basic)	570.00M	570.00M	570.00M	570.00M	570.00M
Shares Outstanding (Diluted)	570.00M	570.00M	570.00M	570.00M	570.00M
Dividend Growth	+4.4%	—	+12.5%	—	+14.3%
Free Cash Flow	414.76M	23.76M	283.47M	316.00M	523.70M
Free Cash Flow Margin	+4.3%	+0.2%	+4.1%	+5.0%	+29.1%
Free Cash Flow Per Share	0.73	0.04	0.50	0.55	0.92
Payout Ratio	+54.0%	+61.5%	+56.8%	+63.8%	+49.7%
Supplemental
Total Interest Dividend Income	224.81M	211.52M	178.35M	147.96M	146.00M

Financials

Annual (AED)

Abu Dhabi National Insurance

Annual (AED)