MARKETS / BALCAO / FRFHF
BALCAO · FIRE, MARINE & CASUALTY INSURANCE

Fairfax Financial Holdings Ltd/ CAN FRFHF

10 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
EPS · FY25
$213.78
Dividend / sh · FY25
$15.00
Payout · FY25
8%
ROE · FY25
18.9%
Net margin · FY25
Dividend coverage
14.3×
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Result
Revenue, FY2025 · full 10-year series below
Revenue Net income
81624324.82016201920222025
81624324.82016201920222025

Per share
USD 213.78
Diluted EPS, FY2025
EPS Dividend
8016024015.00213.782016201920222025
8016024015.00213.782016201920222025

Earnings covered the dividend 14.3 times — the rest stayed in the company.

Profitability
18.9%
Return on equity, FY2025
ROE
8162418.9%2016201920222025
8162418.9%2016201920222025
Operating margin
Net margin
Return on assets4.7%

Each USD of equity produced 19 cents of profit this year.

Returned to shareholders
USD 555.8M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 368.1M
Net buybacksUSD 187.7M
Share of profit11.6%
Consecutive raises

USD 368.1M in dividends and USD 187.7M in buybacks — 12% of the year's profit went back to shareholders.

Growth
+11.6% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+9.2%
+11.6%
Net income
+12.3%
+85.3%
EPS, diluted
+17.6%
+102.4%
Dividend / share
+14.5%
+8.4%
Returned to shareholders
−5.5%
−0.4%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 107.8B
total assets, end of FY2025
Total assetsUSD 107.8B
EquityUSD 26.5B
CashUSD 6.2B
Gross debtUSD 13.6B
Net debtUSD 7.4B

Net debt stands at 28% of equity.

History
10 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue $B
·
·
·
28.1
26.5
19.8
21.5
17.8
16.2
9.3
Operating income $B
6.1
6.7
5.7
4.1
1.6
0.6
1.3
1.3
0.2
1.1
EBITDA $B
·
·
·
4.8
2.5
1.4
1.9
1.7
0.5
1.3
Income tax $B
1.2
1.4
0.8
1.1
0.7
0.2
0.3
0.0
0.4
−0.2
Net income $B
4.8
3.9
4.4
3.4
3.4
0.2
2.0
0.4
1.7
−0.5
EPS, diluted $
213.78
160.56
173.24
131.37
122.25
6.29
69.79
11.65
64.98
−24.18
Dividend / sh $
15.00
15.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
Payout %
8
17
10
15
13
202
23
118
18
−52
ROE %
18.9
16.5
20.8
18.9
22.4
1.5
14.6
2.8
14.7
−5.2
Shares out B
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
15 of 20
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 1 failures and 4 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed