H 
Harel Insurance Investments and Financial Services HARL.TA · ILA
Financials · Tel Aviv · 🇮🇱 Israel
17,550.00
+4.40%
Close of 6 Nov 2026, in ILA
At a glance
Figures in ILS, from our data supplier.
Net income
ILS 2.99bn
FY2016FY2025
Total assets
ILS 163.63bn
FY2016FY2025
Shareholders' equity
ILS 12.17bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income | ILS 4.48bn | ILS 2.00bn | ILS 1.25bn | ILS 2.09bn | ILS 1.99bn | ILS 1.21bn | ILS 753.0m | ILS 1.22bn | ILS 1.11bn | ILS 468.0m |
| Net income | ILS 2.99bn | ILS 946.0m | ILS 485.0m | ILS 906.0m | ILS 1.21bn | ILS 724.0m | ILS 457.0m | ILS 620.0m | ILS 684.0m | ILS 327.0m |
| Diluted earnings per share | 14.54 | 4.54 | 2.31 | 4.33 | 5.65 | 3.35 | 2.12 | 2.91 | 3.12 | 1.53 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ILS 163.63bn | ILS 158.66bn | ILS 144.81bn | ILS 135.27bn | ILS 137.67bn | ILS 119.75bn | ILS 114.72bn | ILS 100.02bn | ILS 90.90bn | ILS 96.17bn |
| Cash and short-term investments | ILS 2.74bn | ILS 25.53bn | ILS 26.50bn | ILS 24.89bn | ILS 26.25bn | ILS 21.78bn | ILS 22.23bn | ILS 15.77bn | ILS 13.99bn | ILS 13.97bn |
| Total liabilities | ILS 151.44bn | ILS 149.46bn | ILS 135.85bn | ILS 126.88bn | ILS 128.78bn | ILS 111.99bn | ILS 107.80bn | ILS 94.10bn | ILS 86.57bn | ILS 91.00bn |
| Debt | ILS 22.27bn | ILS 18.50bn | ILS 10.95bn | ILS 7.28bn | ILS 7.14bn | ILS 6.03bn | ILS 6.63bn | ILS 4.04bn | ILS 3.35bn | ILS 15.68bn |
| Shareholders' equity | ILS 12.17bn | ILS 9.12bn | ILS 8.89bn | ILS 8.34bn | ILS 8.86bn | ILS 7.74bn | ILS 6.90bn | ILS 5.91bn | ILS 5.56bn | ILS 5.16bn |
| Shares outstanding | 206m | 208m | 210m | 209m | 214m | 216m | 215m | 213m | 219m | 214m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | ILS 1.65bn | ILS 820.0m | ILS 1.21bn | ILS 1.28bn | ILS 1.28bn | ILS 715.0m | ILS 445.0m | ILS 739.0m |
| Net income | ILS 1.07bn | ILS 550.0m | ILS 806.0m | ILS 855.0m | ILS 834.0m | ILS 495.0m | ILS 219.0m | ILS 377.0m |
| Diluted earnings per share | 5.10 | 2.63 | 3.92 | 4.16 | 4.06 | 2.41 | 1.05 | 1.81 |
| Total assets | ILS 174.17bn | ILS 163.86bn | ILS 163.63bn | ILS 167.75bn | ILS 162.05bn | ILS 154.92bn | ILS 158.66bn | ILS 153.65bn |
| Cash and short-term investments | ILS 31.30bn | ILS 26.66bn | ILS 2.74bn | ILS 33.09bn | ILS 12.15bn | ILS 25.99bn | ILS 25.53bn | ILS 8.99bn |
| Debt | ILS 26.39bn | ILS 23.95bn | ILS 22.28bn | ILS 22.66bn | ILS 19.77bn | ILS 17.68bn | ILS 18.41bn | ILS 14.35bn |
| Shareholders' equity | ILS 12.63bn | ILS 12.19bn | ILS 12.17bn | ILS 11.53bn | ILS 11.11bn | ILS 10.37bn | ILS 9.12bn | ILS 8.91bn |
Financial ratios
Data as of 20 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 14.7% | 7.4% | 5.0% | 16.5% | 7.2% | 6.5% | — | — | — | — |
| Net margin | 9.8% | 3.5% | 2.0% | 7.1% | 4.4% | 3.9% | — | — | — | — |
| Return on equity | 24.6% | 10.4% | 5.5% | 10.9% | 13.6% | 9.4% | — | — | — | — |
| Return on assets | 1.8% | 0.6% | 0.3% | 0.7% | 0.9% | 0.6% | — | — | — | — |
| Revenue growth | 12.8% | 9.3% | 95.9% | -53.8% | 46.8% | -19.2% | — | — | — | — |
| Earnings growth | 216.1% | 95.1% | -46.5% | -25.1% | 67.0% | 58.4% | — | — | — | — |
| Current ratio | — | — | — | — | 3.41x | 22023.00x | 5.73x | 3.69x | 4.81x | 3.76x |
| Debt to equity | 1.83x | 2.02x | 1.22x | 0.87x | 0.80x | 0.77x | — | — | — | — |
| Equity ratio | 7.4% | 5.7% | 6.1% | 6.2% | 6.4% | 6.5% | — | — | — | — |
| Interest coverage | 150.47x | 3.09x | 2.69x | 5.67x | 6.82x | 6.29x | — | — | — | — |
| Buybacks as a share of market value | 1.3% | 0.6% | -0.1% | 2.3% | 0.8% | -0.2% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 34.2% | 10.4% | 8.7% |
| Operating income | 28.9% | 29.9% | 20.7% |
| Net income | 48.9% | 32.8% | 20.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 11.2% | 10.3% | 9.2% | 7.7% |
| Net margin | 6.8% | 5.6% | 5.1% | 4.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 8.6 | 11.1 | 12.3 | 7.2 | 6.3 | 8.8 | 12.7 | 8.5 | 8.2 | 11.6 |
| Price to sales | 0.8 | 0.4 | 0.2 | 0.5 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 29 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 5.01 | 1.94 | 3.875 | 1.883 | 1.668 | 1.10 | 1.00 | 2.15 |
- 10-for-1 split · 8 Sept 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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