Hannover Rück revenue and financials

HNR1 · Xetra · EUR

€259.00Change from previous close: +0.08%Absolute change: +€0.20

Close · October 7, 2026

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%.

Annual revenue · 2025: €25.92B
  1. €16.08B2016
  2. €17.54B2017
  3. €18.94B2018
  4. €21.58B2019
  5. €23.17B2020
  6. €26.28B2021
  7. €24.16B2022
  8. €22.35B2023
  9. €23.11B2024
  10. €25.92B2025

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.

Cash flow · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Operating cash flow1,7351,2591,7771,6871,1561,0671,3961,6461,5891,0521,7331,319
Depreciation and amortization16.414.749.816.014.716.049.016.030.1—48.915.4
Investing cash flow-281-1,134-1,881-1,594547-1,102-1,692-1,070-871-779-1,735-1,355
Financing cash flow-1,543-56.0-80.334.3-1,640-60.7-57.3-61.7-925-60.74.1-102
Dividends paid-1,507—-844—-1,085—-724—-868—-603—
Debt issued14.3—103-57.057.0—————361-34.5
Effect of exchange rates12.419.7-22.813.1-75.0-27.344.8-20.77.42.0-26.922.8
Net change in cash-76.388.9-207140-11.5-123-309493-201214-24.8-116
Free cash flow1,7351,2591,7771,6871,156———————
Levered free cash flow2,0726321,4442,669-998-2061,8304862,0262711,1961,722