Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München revenue and financials
€511.80Change from previous close: −0.04%Absolute change: −€0.20
In the fiscal year ended December 2025, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München reported revenue of €62.31B (−3.28% year over year). Net income was €6.12B, a net margin of 9.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −3.28%
- 2025 vs 2024
- Net income growth
- +7.26%
- 2025 vs 2024
- Net margin
- 9.8%
- 2024: 8.9%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 279,934 | 286,442 | 273,793 | 269,391 | 312,405 |
| Cash and equivalents | 5,463 | 6,050 | 5,500 | 6,380 | 5,403 |
| Short-term investments | 170,700 | 177,365 | 167,254 | 140,416 | — |
| Inventory | 6.0 | 12.0 | 0.0 | 0.0 | — |
| Net property, plant and equipment | 4,828 | 4,480 | 4,318 | 4,224 | 2,564 |
| Goodwill | 4,800 | 3,443 | 3,184 | 3,240 | 3,092 |
| Other intangible assets | 1,142 | 893 | 1,028 | 1,043 | — |
| Long-term investments | 222,834 | 225,243 | 214,508 | 215,366 | — |
| Accounts payable | — | — | — | 15,534 | 15,833 |
| Long-term debt | 7,848 | 6,990 | 5,891 | 6,095 | 6,364 |
| Total debt | 7,434 | 6,321 | 4,713 | 4,748 | — |
| Total liabilities | 246,514 | 253,541 | 244,021 | 242,146 | — |
| Total equity (incl. minority) | 33,420 | 32,901 | 29,772 | 27,245 | 30,945 |
| Retained earnings | 26,637 | 24,978 | 22,512 | 20,693 | 16,755 |
| Minority interest | 173 | 104 | 122 | 152 | 116 |