profit from every £100 of sales.
£0£100
Conduit Holdings
£4.43+0.68% today
+30.5% in 1 year
1-year low £3.291-year high £4.81
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay £7.01 for every £1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Conduit Holdings sold, what it kept, and what it did with the cash.
Sales went from $335 million in 2022 to $836 million in 2025, with $117 million of profit last year.
SalesProfit
Conduit Holdings handed back 21% of the cash it generated last year.
$59M
Free cash flow 2025$362M
Bought back its own shares$16M
Paid as dividends$59M
Cash vs. debt$339M vs. $800,000
Conduit Holdings vs. similar companies
Conduit Holdings grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from £100 of sales | Sales growth a year | Price per £1 of profit |
|---|---|---|---|
| Conduit Holdings | 7.0× · Cheap | ||
 Swiss Re | 11.4× · Cheap | ||
 Hannover Rück | 13.7× · Cheap | ||
 Reinsurance Group of America | 15.1× · Fair price | ||
 Everest Re Group | 9.9× · Cheap |
AI analysis
An AI analyst reads Conduit Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 335 | 602 | 746 | 836 | |
| – | – | – | – | |
| – | – | – | – | |
| -42 | 193 | 127 | 118 | |
| -44 | 191 | 126 | 117 | |
| -0.55 | 1.19 | 0.79 | 0.74 | |
| – | – | – | – | |
| – | – | – | – | |
| -13.1% | 31.7% | 16.8% | 14.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,215 | 1,496 | 1,906 | 2,325 |
| Cash | 113 | 200 | 313 | 339 |
| Total debt | 2 | 2 | 2 | 1 |
| Total liabilities | 347 | 509 | 855 | 1,223 |
| 867 | 987 | 1,051 | 1,102 | |
| 163 | 160 | 159 | 158 | |
| -3.7% | 14.5% | 9.0% | 7.9% | |
| -5.1% | 19.3% | 11.9% | 10.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 203 | 309 | 407 | 362 | |
| 0 | 1 | 1 | – | |
| 203 | 309 | 407 | 362 | |
| Dividends paid | 59 | 59 | 60 | 59 |
| 20 | 14 | 9 | 16 | |
| 2 | 3 | 7 | 9 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 7.0×
- –
- –
- 0.6×
- 1.0×
- 14.3%
- 7.3%
Profitability
- 14.0%
- 7.9%
- 6.9%
- –
- –
Growth
- +35.7%
- –
- –
- −1.1%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 32%of 854
Top 13%of 876
Top 12%of 878
Top 3%of 929
7.3%of the share price, paid each year
On $1,000 invested$73a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
50.9% of its profit
Room to growStretchedMore than it earns: 16.4%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
66Pass
Benjamin Graham
81Pass
Philip Fisher
63Pass
Peter Lynch
93Pass
Joel Greenblatt
62Pass
Charlie Munger
58No pass
Terry Smith
48No pass
Questions about Conduit Holdings
Is Conduit Holdings a good stock to buy?
A solid business, and the price looks low. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Conduit Holdings AI analysis
What does Conduit Holdings do?
Conduit Holdings Limited, through its subsidiary, provides reinsurance products and services in the United States, Europe, and worldwide. It operates in three divisions: Property, Casualty, and Specialty. It is in Insurance - Reinsurance, based in Pembroke, Bermuda, with 68 employees.
Does Conduit Holdings pay a dividend?
Yes. At today's price the dividend is 7.3% a year, about 51% of its yearly profit. In 2025 it paid out £59.4 million in dividends.
Is Conduit Holdings stock halal?
No. Conduit Holdings does not pass our halal screen: its main business, conventional insurance, is not permitted. How we check
How has Conduit Holdings stock done over the past year?
Up 30.5% over the past twelve months, to £4.43. It traded between £3.29 and £4.81 and is 7.9% below its high.
Who are Conduit Holdings's competitors?
The largest listed companies in the same industry are Swiss Re, Hannover Rück, Reinsurance Group of America and Everest Re Group. The peers table on this page compares their profit, growth and price with Conduit Holdings's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.