Hannover Rück revenue and financials
€260.80Change from previous close: +0.77%Absolute change: +€2.00
In the fiscal year ended December 2025, Hannover Rück reported revenue of €25.92B (+12.14% year over year). Net income was €2.64B, a net margin of 10.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +12.14%
- 2025 vs 2024
- Net income growth
- +13.43%
- 2025 vs 2024
- Net margin
- 10.2%
- 2024: 10.1%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5,687 | 5,682 | 5,786 | 4,947 | 4,940 | 3,018 | 2,509 | 2,225 | 1,694 | 2,331 |
| Depreciation and amortization | 96.5 | 95.1 | 90.9 | 83.8 | 134 | — | — | — | — | — |
| Investing cash flow | -4,030 | -4,412 | -4,510 | -5,077 | -5,261 | -2,032 | -2,709 | -2,075 | -942 | -1,712 |
| Financing cash flow | -1,746 | -1,105 | -1,501 | 44.3 | 278 | -726 | 108 | 150 | -690 | -627 |
| Dividends paid | -844 | -724 | -603 | -573 | -543 | -482 | -452 | -422 | -422 | -392 |
| Share repurchases | 0.0 | -1.7 | 0.0 | -0.1 | — | — | — | — | — | — |
| Debt issued | — | — | — | 895 | 881 | — | — | — | — | — |
| Debt repaid | — | — | — | -38.0 | -15.6 | — | — | — | — | — |
| Effect of exchange rates | -112 | 33.5 | -42.7 | 53.2 | 120 | -73.2 | 31.3 | 16.9 | -74.5 | 34.9 |
| Net change in cash | -202 | 198 | -268 | -31.9 | 77.0 | 187 | -60.7 | 316 | -13.0 | 27.7 |
| Free cash flow | 5,687 | 5,682 | 5,786 | 4,947 | — | — | — | — | — | — |
| Levered free cash flow | 2,900 | 4,612 | 5,098 | 36,149 | 1,108 | 3,356 | 2,346 | 1,196 | 1,348 | -10,359 |