IGICNasdaqInsurance Carriers, NECFiscal year ends December 31
International General Insurance Holdings Ltd.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 21, 2026
$24.51−0.10 (-0.41%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 8.5
- Dividend yield
- 4.18%
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
–
Operating margin
–
Net margin
24.6%−176.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -4.1% | +9.5% | +261.1% | – | |
| Net income | -5.9% | +12.5% | +137.3% | – | |
| EPS, diluted | -3.0% | +16.2% | +96.0% | – | |
| Free cash flow | -47.2% | -11.3% | – | – | |
| Dividend per share | +73.7% | +67.0% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 18.6% | |
| Return on assets | – | 0.1% | 6.1% | |
| Current ratio | – | – | – | |
| Capex to revenue | – | 40.9% | 0.2% | |
| Diluted shares | – | 43M | 44M |
Where the cash went
Fiscal 2021 to 2025, five years combined
International General Insurance generated $844.39M from operations and spent $232.79M on capital expenditure, dividends and share buybacks. 6% of that went back into the business.
Generated
$844.39M
Used
$232.79M
Capital expenditure$14.48M6%Dividends$99.75M43%Share buybacks$118.56M51%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin24.6%
×Asset turnover0.25×
×Equity multiplier3.03×
=Return on equity, FY202518.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 24.6% | 0.25× | 3.03× | 18.6% |
| FY2024 | 25.1% | 0.28× | 3.24× | 22.6% |
| FY2023 | 23.7% | 0.29× | 3.59× | 24.8% |
| FY2022 | 22.7% | 0.26× | 3.83× | 22.5% |
| FY2021 | 13.4% | 0.26× | 3.69× | 12.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$127.15M
- Cash generatingOperating cash flow above zero$108.14M
- Return on assets improvedROA up on the prior year7.4% → 6.2%
- Earnings backed by cashOperating cash flow above net income$108.14M vs $127.15M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise45M → 44M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.29 → 0.25