Admiral Insurance
Financial Performance
Admiral Insurance Revenue & Financials
Revenue
~$6.4B (FY2024)
Market Cap
$8.5B
Net Income
~$633.6M
Employees
11,000
What is Admiral Insurance's revenue?
Admiral Insurance had ~$6.4B in revenue for fiscal year 2024, up 0.8% from 2023. Net income was ~$633.6M.
- Latest revenue
- ~$6.4B (FY2024)
- Year-over-year
- +0.8%
- Growth rate (CAGR)
- 9.6% over 9 years
- Peak revenue
- ~$6.4B (FY2024)
- Years of data
- 10
- Employees
- 11,000
- How much profit does Admiral Insurance make?
- Admiral Insurance reported net income of ~$633.6M for fiscal year 2024.
- How many employees does Admiral Insurance have?
- Admiral Insurance has about 11,000 employees.
Financial Analysis
Admiral's financial metrics are widely regarded as the gold standard of European general insurance. In fiscal year 2024, Admiral reported group turnover of £4.85 billion and profit before tax of £442.8 million, navigating severe UK motor inflation with decisive pricing adjustments. The group achieved a stellar combined operating ratio of 88.5%, significantly outperforming the broader UK motor insurance market which operated at an underwriting loss. Because its reinsurance quota-share model requires minimal regulatory capital reserves, Admiral operates with a Solvency II coverage ratio exceeding 185% and maintains an extraordinary dividend policy, distributing between 90% and 95% of post-tax profits as regular and special dividends.
Revenue Trend Analysis
YoY Change
+0.8%
9-Year CAGR
+9.6%
Peak Year
2024
Trend
Consistent Growth
Admiral Insurance has 10 full fiscal year figures on this page, compounding at +9.6% annually over 9 years. The most recent year saw a 0.8% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$6.4B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | ~$6.4B | ~$633.6M | +0.8% |
| FY2023 | ~$6.3B | ~$448.9M | +31.4% |
| FY2022 | ~$4.8B | ~$476.8M | +4.3% |
| FY2021 | ~$4.6B | ~$769.6M | -1.1% |
| FY2020 | ~$4.7B | ~$670.6M | +2.6% |
| FY2019 | ~$4.6B | ~$570.2M | +5.5% |
| FY2018 | ~$4.3B | ~$538.6M | +10.8% |
| FY2017 | ~$3.9B | ~$460.7M | +14.7% |
| FY2016 | ~$3.4B | ~$282.5M | +21.7% |
| FY2015 | ~$2.8B | ~$385.4M | — |
Click any row to see year details.
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Admiral Insurance Revenue and Financial FAQ
What was Admiral's annual revenue and net margin in 2024?
In fiscal year 2024, Admiral reported consolidated revenue of £4.85 billion and profit attributable to equity holders of £480.0 million, yielding a strong net profit margin of 9.90%.
What is Admiral's dividend distribution policy?
Admiral maintains a generous dividend policy, distributing around 65% of normalized post-tax profits as normal dividends, accompanied by regular special dividends funded by excess underwriting profits.
What is Admiral's Solvency II capital ratio?
Admiral maintains a Group Solvency II capital coverage ratio of approximately 200%, providing a comfortable regulatory capital cushion well above statutory capital requirements in the UK and Europe.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Admiral Insurance Revenue & Financials." CorpDigest, https://corpdigest.com/company/admiral-insurance/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Admiral Insurance reported ~$6.4B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/admiral-insurance/financials" target="_blank" rel="noopener">CorpDigest — Admiral Insurance financials</a></div>Related Financial Audits
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