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Q

QBE Insurance Group QBE.AX · AUD

Financials · Insurance · ASX · 🇦🇺 Australia

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26.75

+3.32%

Close of 6 Nov 2026, in AUD

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue, before interest expense

$22.65bn

FY2016FY2025

Net income

$2.16bn

FY2016FY2025

Total assets

$48.53bn

FY2016FY2025

Shareholders' equity

$11.67bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue, before interest expense$22.65bn$21.69bn$20.80bn$18.87bn$17.27bn$15.78bn$14.59bn$13.98bn$15.29bn$14.80bn
Operating income$3.06bn$2.64bn$2.11bn$971.0m$1.24bn−$1.08bn$980.0m$945.0m−$490.0m$1.37bn
Net income$2.16bn$1.78bn$1.35bn$587.0m$750.0m−$1.52bn$550.0m$390.0m−$1.25bn$844.0m
Diluted earnings per share1.401.170.900.390.50-1.070.430.28-0.910.61

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$48.53bn$43.85bn$42.11bn$39.20bn$49.30bn$46.62bn$40.16bn$39.58bn$43.86bn$41.58bn
Cash and short-term investments———$5.27bn$4.88bn—————
Total liabilities$36.86bn$33.12bn$32.08bn$30.35bn$40.42bn$38.13bn$32.01bn$31.20bn$35.00bn$31.30bn
Debt$3.93bn$2.90bn$3.09bn$3.04bn$3.62bn$3.39bn$3.39bn$3.19bn$3.62bn$3.47bn
Shareholders' equity$11.67bn$10.73bn$10.03bn$8.86bn$8.88bn$8.49bn$8.15bn$8.38bn$8.86bn$10.28bn
Shares outstanding1,523m1,514m1,500m1,493m1,482m1,421m1,326m1,361m1,364m1,389m

Latest quarters

By quarter end

Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Mar 2023Dec 2022
Revenue, before interest expense$12.04bn$10.61bn$11.07bn$10.62bn$11.00bn$9.80bn$6.10bn$9.53bn
Operating income$1.67bn$1.39bn$1.40bn$1.24bn$1.42bn$690.0m$257.5m$751.0m
Net income$1.14bn$1.02bn$977.0m$802.0m$955.0m$400.0m$202.0m$539.0m
Diluted earnings per share0.750.650.630.510.620.250.130.36
Total assets$48.53bn$47.28bn$43.85bn$42.63bn$42.11bn$40.55bn$40.55bn$39.20bn
Cash and short-term investments—————$5.99bn$5.99bn$5.27bn
Debt$3.93bn$3.93bn$2.90bn$3.05bn$3.09bn$3.26bn$3.26bn$3.04bn
Shareholders' equity$11.67bn$10.90bn$10.73bn$10.18bn$10.03bn$9.01bn$9.01bn$8.86bn

Financial ratios

Data as of 25 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating margin12.9%13.4%11.9%6.8%8.6%-12.7%——
Net margin8.9%9.5%7.8%4.4%5.5%-12.7%——
Return on equity19.1%16.6%13.6%6.6%8.5%-20.1%——
Return on assets4.5%4.1%3.2%1.8%1.7%-3.3%——
Revenue growth33.1%7.4%30.2%-1.0%13.4%-5.6%——
Earnings growth25.5%31.3%130.8%-21.7%-149.4%-375.8%——
Current ratio——0.07x-0.21x0.38x0.33x0.32x0.47x
Debt to equity0.32x0.25x0.36x0.36x0.43x0.43x——
Equity ratio23.7%24.5%23.6%26.9%20.5%16.2%——
Interest coverage12.20x11.14x8.92x3.72x4.70x-6.00x——
Buybacks as a share of market value-0.3%-1.1%-0.3%-0.8%-0.9%-12.7%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue6.3%7.5%4.5%
Operating income46.6%—9.8%
Net income54.3%—12.1%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin12.8%10.4%7.6%6.8%
Net margin8.9%7.0%4.4%3.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings9.410.211.122.814.9-6.121.724.8-9.114.8
Price to sales0.90.80.70.70.70.60.80.70.70.8

Dividends and splits

Per share, in the currency the company pays

Paid for 36 years. Last went ex-dividend on 24 Aug 2026.

FY2026FY2025FY2023FY2022FY2021FY2019FY2018FY2017
Paid in the year0.2361.9081.220.2920.1150.6610.6450.649
  • 5-for-4 split · 29 Oct 1997
  • 5-for-4 split · 24 Sept 1996
  • 6-for-5 split · 6 Oct 1994
  • 3-for-2 split · 5 Oct 1993
  • 5-for-4 split · 9 Mar 1990

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.