Fairfax Financial Holdings Limited Website

Fairfax Financial Holdings Limited

TSX-FFH

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Premiums and Annuity Revenues

13,229.7

13,988.7

16,558

20,194.3

21,957.4

23,438.9

Total Interest And Dividend Income

880.2

769.2

640.8

2,579.1

290.6

864.2

Gain (Loss) on Sale of Investments, Total

1,716.2

313.1

3,445.1

-1,573.2

1,949.5

1,703.5

Other Revenues, Total

5,706.7

4,606.8

5,560

6,604

7,636.7

7,317.1

Total Revenues

21,532.8

19,677.8

26,203.9

27,804.2

31,834.2

33,323.7

Total Revenues % Chg.

21.3%

-8.6%

33.2%

6.1%

14.5%

10.5%

Policy Benefits

8,688.1

9,324.5

10,740.5

17,849.3

18,966.8

19,984

Policy Acquisition / Underwriting Costs, Total

2,206.8

2,355

2,787.9

—

—

578.2

Selling General & Admin Expenses, Total

2,645.3

2,604

3,016.2

296.7

430.2

420.1

Stock-Based Compensation

—

—

13.4

5.9

18.3

—

—

—

Other Operating Expenses

5,204

4,839

4,913.2

5,387.5

6,505.2

6,339.5

Total Operating Expenses

18,757.6

19,128.4

21,476.1

23,533.5

25,902.2

27,321.8

Operating Income

2,775.2

549.4

4,727.8

4,270.7

5,932

6,001.9

Interest Expense, Total

-472

-475.9

-513.9

-452.8

-510

-567.2

EBT, Excl. Unusual Items

2,303.2

73.5

4,213.9

3,817.9

5,422

5,434.7

Restructuring Charges

—

—

—

—

—

—

—

—

Impairment of Goodwill

—

—

—

—

—

-43.9

-33

-52.1

-133.4

-63.5

-63.5

Gain (Loss) on Sale of Assets

—

—

—

—

117.1

264

1,219.7

549.8

290.7

Asset Writedown

—

—

—

—

—

-2.9

-53.1

-33.2

—

—

—

Other Unusual Items

—

—

-23.7

139.6

—

—

—

—

EBT, Incl. Unusual Items

2,232.7

244.1

4,392.6

4,904.2

5,908.3

5,661.9

Income Tax Expense

261.5

206.7

726

1,092.5

813.4

974.6

Earnings From Continuing Operations

1,971.2

37.4

3,666.6

3,811.7

5,094.9

4,687.3

Minority Interest

32.9

181

-265.5

-437.5

-713.1

-598

Net Income

2,004.1

218.4

3,401.1

3,374.2

4,381.8

4,089.3

Preferred Dividend and Other Adjustments

45.8

44

44.5

45.2

49.7

49.8

Net Income to Common Incl Extra Items

1,958.3

174.4

3,356.6

3,329

4,332.1

4,039.5

Net Income to Common Excl. Extra Items

1,958.3

174.4

3,356.6

3,329

4,332.1

4,039.5

Total Shares Outstanding

26.8

26.2

23.9

23.3

23

22.2

Weighted Avg. Shares Outstanding

26.9

26.4

26

23.6

23.2

22.9

Weighted Avg. Shares Outstanding Dil

28.1

27.7

27.5

25.3

25

24.7

EPS

72.8

6.6

129.3

140.8

186.9

176.2

EPS Diluted

69.8

6.3

122.2

131.4

173.2

163.3

EBITDA

3,082.9

912.9

5,048.8

4,675.3

6,411.4

6,414.6

Effective Tax Rate

11.7%

84.7%

16.5%

22.3%

13.8%

17.2%