profit from every CHF 100 of sales.
CHF 0CHF 100
Swiss Life
CHF 994.00+0.93% today
+10.3% in 1 year
1-year low CHF 813.601-year high CHF 994.00
Trading close to its highest price of 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 CHF 22.57 for every CHF 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 Swiss Life sold, what it kept, and what it did with the cash.
Sales went from CHF 10.3 billion in 2022 to CHF 17.8 billion in 2025, with CHF 1.23 billion of profit last year.
SalesProfit
Swiss Life handed back 95% of the cash it generated last year.
Buybacks CHF 525MCHF 991M
Free cash flow 2025CHF 1.6B
Bought back its own sharesCHF 525M
Paid as dividendsCHF 991M
Cash vs. debtCHF 5.3B vs. CHF 9.9B
Swiss Life vs. similar companies
Swiss Life grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from CHF 100 of sales | Sales growth a year | Price per CHF 1 of profit |
|---|---|---|---|
| Swiss Life | 22.6× · Fair price | ||
 Allianz | 16.6× · Fair price | ||
 Zurich Insurance Group | 17.2× · Fair price | ||
 AXA SA | 10.1× · Cheap | ||
 Assicurazioni Generali | 16.0× · Fair price |
AI analysis
An AI analyst reads Swiss Life'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 CHF | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 10,298 | 17,866 | 18,585 | 17,796 | |
| – | – | – | – | |
| – | – | – | – | |
| 1,980 | 1,865 | 2,126 | – | |
| 1,182 | 1,083 | 1,214 | 1,231 | |
| 38.62 | 37.01 | 42.29 | 43.47 | |
| – | – | – | – | |
| – | – | – | – | |
| 11.5% | 6.1% | 6.5% | 6.9% |
Balance sheet
| In millions of CHF | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 213,440 | 213,445 | 218,933 | 219,125 |
| Cash | 6,910 | 5,888 | 5,055 | 5,266 |
| Total debt | 11,265 | 4,195 | 9,409 | 9,869 |
| Total liabilities | 204,232 | 205,146 | 211,265 | 211,646 |
| 9,088 | 8,174 | 7,520 | 7,312 | |
| 30 | 29 | 29 | 28 | |
| 7.6% | 12.2% | 10.2% | 9.9% | |
| 13.0% | 13.2% | 16.1% | 16.8% |
Cash flow
| In millions of CHF | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 83 | 109 | 130 | 107 | |
| 903 | 772 | 56 | 1,597 | |
| Dividends paid | 764 | 877 | 945 | 991 |
| 726 | 442 | 639 | 525 | |
| – | – | – | – |
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
- 22.6×
- –
- 5.61
- 3.7×
- 1.6×
- 4.4%
- 3.6%
Profitability
- 6.9%
- 9.9%
- 10.0%
- –
- –
Growth
- +20.0%
- +4.0%
- –
- −2.3%
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 27%of 688
Bottom 22%of 900
Top 22%of 908
Top 47%of 941
3.6%of the share price, paid each year
On $1,000 invested$36a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
80.5% of its profit
Room to growStretchedMore than it earns: 62.1%
News
UBS CEO pushes back on Swiss capital rules ahead of parliamentary voteSeeking Alpha · Sep 20, 2026'Patients pay the tariff': Swiss pharma CEO warns of Trump's generic drug tariff threatCNBC · Sep 8, 2026Why the Dow is being dragged down by a Swiss company’s bad newsMarketWatch · Sep 8, 2026Swiss Prime Site Non-GAAP EPS of CHF 1.95, revenue of CHF 230.6M; reaffirms FY 2026 outlookSeeking Alpha · Aug 20, 2026Swiss Enterprises Prioritize Microsoft AI GovernanceYahoo Finance · Aug 18, 2026The newest story we have is from Sep 20, 2026.
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
0/7Passes 0 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
53No pass
Benjamin Graham
46No pass
Philip Fisher
54No pass
Peter Lynch
26No pass
Joel Greenblatt
32No pass
Charlie Munger
37No pass
Terry Smith
41No pass
Questions about Swiss Life
Is Swiss Life a good stock to buy?
A business with weak numbers at a fair price. 0 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 Swiss Life AI analysis
What does Swiss Life do?
Swiss Life Holding AG provides life, pensions, and financial solutions for private and corporate clients. It operates through Switzerland, France, Germany, International, Asset Managers, and Other segments. It is in Insurance - Diversified, based in Zurich, Switzerland, with 10,000 employees.
Does Swiss Life pay a dividend?
Yes. At today's price the dividend is 3.6% a year, about 81% of its yearly profit. In 2025 it paid out CHF 991 million in dividends.
Is Swiss Life stock halal?
No. Swiss Life does not pass our halal screen: its main business, conventional insurance, is not permitted. How we check
How has Swiss Life stock done over the past year?
Up 10.3% over the past twelve months, to CHF 994.00. It traded between CHF 813.60 and CHF 994.00, close to its high.
Who are Swiss Life's competitors?
The largest listed companies in the same industry are Allianz, Zurich Insurance Group, AXA SA and Assicurazioni Generali. The peers table on this page compares their profit, growth and price with Swiss Life's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.