Emirates Insurance

Emirates Insurance Co.

EICStocksAbu Dhabi Securities ExchangeInsurance

Financials

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	0.70B	0.62B	0.56B	1.13B	0.56B
Operating Expenses	0.55B	0.50B	0.44B	1.08B	0.49B
Pretax Income	149.20M	119.08M	126.29M	55.80M	71.01M
Income Tax	10.76M	8.33M	—	—	—
Net Income	138.44M	110.75M	126.29M	55.80M	71.01M
Premium Revenue	0.61B	0.54B	0.49B	1.10B	0.42B
Policy Benefits	0.32B	0.30B	0.27B	1.04B	0.26B
Policy Cost	175.77M	154.03M	130.80M	—	116.73M
EPS (Basic)	0.93	0.74	0.84	0.37	0.47
EPS (Diluted)	0.93	0.74	0.84	0.37	0.47
DPS	0.60	0.50	0.55	0.50	0.50
Margins & Efficiency
Net Margin %	+19.9%	+18.0%	+22.4%	+4.9%	+12.6%
Revenue & Income
Revenue Growth (YoY)	+12.9%	+9.1%	-50.1%	+100.7%	-12.4%
Revenue Insurance	0.70B	0.62B	0.56B	1.13B	0.56B
Premiums Annuity Rev	0.61B	0.54B	0.49B	1.10B	0.42B
Other Revenue Insurance	—	—	—	—	79.30M
Gain Investment Rev Insurance	23.09M	10.01M	29.93M	-28.22M	19.28M
Currency Exchange Gain (Loss)	—	—	—	—	-2.46M
Expenses & Provisions
SG&A Insurance	—	—	—	—	106.76M
Other Opex Insurance	49.54M	41.76M	39.70M	36.00M	8.31M
Total Opex Insurance	0.55B	0.50B	0.44B	1.08B	0.49B
Other Non Operating Income (Expenses)	—	—	—	—	13.00K
Policy Benefits	0.32B	0.30B	0.27B	1.04B	0.26B
Policy Cost	175.77M	154.03M	130.80M	—	116.73M
Provision for Bad Debts	—	—	—	—	-5.04M
D&A For EBITDA	4.22M	3.58M	3.54M	4.17M	5.23M
Deferred Policy Acquisition Cost	—	—	—	—	53.38M
Profitability & Returns
EBIT	149.20M	119.08M	126.29M	55.80M	73.45M
EBIT Margin	+21.5%	+19.3%	+22.4%	+4.9%	+13.0%
EBITDA	153.42M	122.66M	129.83M	59.97M	78.68M
EBITDA Margin	+22.1%	+19.9%	+23.0%	+5.3%	+14.0%
EBT Excluding Unusual Items	149.20M	119.08M	126.29M	55.80M	71.01M
Pretax Income	149.20M	119.08M	126.29M	55.80M	71.01M
Opinc Insurance	149.20M	119.08M	126.29M	55.80M	73.45M
Operating Margin	+21.5%	+19.3%	+22.4%	+4.9%	+13.0%
Profit Margin	+19.9%	+18.0%	+22.4%	+4.9%	+12.6%
Net Income	138.44M	110.75M	126.29M	55.80M	71.01M
Net Income to Common	138.44M	110.75M	126.29M	55.80M	71.01M
Net Income Growth	+25.0%	-12.3%	+126.3%	-21.4%	-34.4%
Income Tax Expense	10.76M	8.33M	—	—	—
Effective Tax Rate	+7.2%	+7.0%	—	—	—
Per Share & Capital
EPS (Basic)	0.93	0.74	0.84	0.37	0.47
EPS (Diluted)	0.93	0.74	0.84	0.37	0.47
EPS Growth	+25.4%	-12.3%	+126.3%	-21.4%	-34.4%
Dividend Per Share	0.60	0.50	0.55	0.50	0.50
Shares Change (YoY)	-0	—	—	—	—
Shares Outstanding (Basic)	149.56M	150.00M	150.00M	150.00M	150.00M
Shares Outstanding (Diluted)	149.56M	150.00M	150.00M	150.00M	150.00M
Dividend Growth	+20.0%	-9.1%	+10.0%	—	-16.7%
Free Cash Flow	218.55M	-24.45M	-12.56M	59.67M	27.25M
Free Cash Flow Margin	+31.4%	-4.0%	-2.2%	+5.3%	+4.8%
Free Cash Flow Per Share	1.46	-0.16	-0.08	0.40	0.18
Payout Ratio	+54.2%	+74.5%	+59.4%	+134.4%	+126.8%
Supplemental
Total Interest Dividend Income	64.37M	69.74M	46.24M	58.39M	41.09M

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	0.70B	0.62B	0.56B	1.13B	0.56B
Operating Expenses	0.55B	0.50B	0.44B	1.08B	0.49B
Pretax Income	149.20M	119.08M	126.29M	55.80M	71.01M
Income Tax	10.76M	8.33M	—	—	—
Net Income	138.44M	110.75M	126.29M	55.80M	71.01M
Premium Revenue	0.61B	0.54B	0.49B	1.10B	0.42B
Policy Benefits	0.32B	0.30B	0.27B	1.04B	0.26B
Policy Cost	175.77M	154.03M	130.80M	—	116.73M
EPS (Basic)	0.93	0.74	0.84	0.37	0.47
EPS (Diluted)	0.93	0.74	0.84	0.37	0.47
DPS	0.60	0.50	0.55	0.50	0.50
Margins & Efficiency
Net Margin %	+19.9%	+18.0%	+22.4%	+4.9%	+12.6%
Revenue & Income
Revenue Growth (YoY)	+12.9%	+9.1%	-50.1%	+100.7%	-12.4%
Revenue Insurance	0.70B	0.62B	0.56B	1.13B	0.56B
Premiums Annuity Rev	0.61B	0.54B	0.49B	1.10B	0.42B
Other Revenue Insurance	—	—	—	—	79.30M
Gain Investment Rev Insurance	23.09M	10.01M	29.93M	-28.22M	19.28M
Currency Exchange Gain (Loss)	—	—	—	—	-2.46M
Expenses & Provisions
SG&A Insurance	—	—	—	—	106.76M
Other Opex Insurance	49.54M	41.76M	39.70M	36.00M	8.31M
Total Opex Insurance	0.55B	0.50B	0.44B	1.08B	0.49B
Other Non Operating Income (Expenses)	—	—	—	—	13.00K
Policy Benefits	0.32B	0.30B	0.27B	1.04B	0.26B
Policy Cost	175.77M	154.03M	130.80M	—	116.73M
Provision for Bad Debts	—	—	—	—	-5.04M
D&A For EBITDA	4.22M	3.58M	3.54M	4.17M	5.23M
Deferred Policy Acquisition Cost	—	—	—	—	53.38M
Profitability & Returns
EBIT	149.20M	119.08M	126.29M	55.80M	73.45M
EBIT Margin	+21.5%	+19.3%	+22.4%	+4.9%	+13.0%
EBITDA	153.42M	122.66M	129.83M	59.97M	78.68M
EBITDA Margin	+22.1%	+19.9%	+23.0%	+5.3%	+14.0%
EBT Excluding Unusual Items	149.20M	119.08M	126.29M	55.80M	71.01M
Pretax Income	149.20M	119.08M	126.29M	55.80M	71.01M
Opinc Insurance	149.20M	119.08M	126.29M	55.80M	73.45M
Operating Margin	+21.5%	+19.3%	+22.4%	+4.9%	+13.0%
Profit Margin	+19.9%	+18.0%	+22.4%	+4.9%	+12.6%
Net Income	138.44M	110.75M	126.29M	55.80M	71.01M
Net Income to Common	138.44M	110.75M	126.29M	55.80M	71.01M
Net Income Growth	+25.0%	-12.3%	+126.3%	-21.4%	-34.4%
Income Tax Expense	10.76M	8.33M	—	—	—
Effective Tax Rate	+7.2%	+7.0%	—	—	—
Per Share & Capital
EPS (Basic)	0.93	0.74	0.84	0.37	0.47
EPS (Diluted)	0.93	0.74	0.84	0.37	0.47
EPS Growth	+25.4%	-12.3%	+126.3%	-21.4%	-34.4%
Dividend Per Share	0.60	0.50	0.55	0.50	0.50
Shares Change (YoY)	-0	—	—	—	—
Shares Outstanding (Basic)	149.56M	150.00M	150.00M	150.00M	150.00M
Shares Outstanding (Diluted)	149.56M	150.00M	150.00M	150.00M	150.00M
Dividend Growth	+20.0%	-9.1%	+10.0%	—	-16.7%
Free Cash Flow	218.55M	-24.45M	-12.56M	59.67M	27.25M
Free Cash Flow Margin	+31.4%	-4.0%	-2.2%	+5.3%	+4.8%
Free Cash Flow Per Share	1.46	-0.16	-0.08	0.40	0.18
Payout Ratio	+54.2%	+74.5%	+59.4%	+134.4%	+126.8%
Supplemental
Total Interest Dividend Income	64.37M	69.74M	46.24M	58.39M	41.09M