profit from every CHF 100 of sales.

Swiss Re
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.
You pay CHF 11.25 for every CHF 1 of profit it makes in a year.
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 Re sold, what it kept, and what it did with the cash.
Sales went from $46.0 billion in 2022 to $46.5 billion in 2025, with $4.74 billion of profit last year.
Swiss Re handed back more cash to shareholders than it generated last year.
Swiss Re vs. similar companies
Swiss Re grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from CHF 100 of sales | Sales growth a year | Price per CHF 1 of profit |
|---|---|---|---|
Swiss Re | 11.2× · Cheap | ||
Hannover Rück | 13.4× · Cheap | ||
Reinsurance Group of America | 15.0× · Fair price | ||
Everest Re Group | 9.9× · Cheap | ||
RenaissanceRe Holdings | 5.3× · Cheap |
Compare Swiss Re with i BBCA ID SDR 1to2
AI analysis
An AI analyst reads Swiss Re'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 |
|---|---|---|---|---|
| 46,043 | 43,643 | 46,756 | 46,491 | |
| – | – | – | – | |
| – | – | – | – | |
| 1,646 | 4,184 | 4,200 | 6,049 | |
| 472 | 3,111 | 3,241 | 4,740 | |
| 1.60 | 10.33 | 10.78 | 16.15 | |
| – | – | – | – | |
| – | – | – | – | |
| 1.0% | 7.1% | 6.9% | 10.2% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 128,796 | 133,861 | 127,229 | 134,007 |
| Cash | 4,053 | 4,555 | 4,133 | 2,743 |
| Total debt | 9,315 | 7,965 | 7,261 | 8,537 |
| Total liabilities | 109,873 | 111,322 | 103,989 | 108,268 |
| 18,812 | 22,310 | 23,106 | 25,558 | |
| 303 | 297 | 295 | 295 | |
| 3.7% | 12.0% | 12.7% | 16.2% | |
| 2.5% | 13.9% | 14.0% | 18.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,927 | 4,214 | 3,130 | 3,069 | |
| – | – | – | – | |
| 2,927 | 4,214 | 3,130 | 3,069 | |
| Dividends paid | 1,825 | 1,850 | 1,978 | 2,167 |
| – | 742 | 705 | 925 | |
| – | – | – | – |
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
- 11.2×
- –
- 0.10
- 2.2×
- 1.1×
- 8.9%
- 4.1%
Profitability
- 10.2%
- 16.2%
- 11.1%
- –
- –
Growth
- +0.3%
- +116.1%
- –
- −0.9%
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.
How safe it looks
45.7% of its profit
Room to growStretchedMore than it earns: 70.6%
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
4/7Passes 4 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.
Questions about Swiss Re
Is Swiss Re a good stock to buy?
A solid business, and the price looks low. 4 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 Re AI analysis
What does Swiss Re do?
Swiss Re AG, together with its subsidiaries, provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. It is in Insurance - Reinsurance, based in Zurich, Switzerland, with 13,806 employees.
Does Swiss Re pay a dividend?
Yes. At today's price the dividend is 4.1% a year, about 46% of its yearly profit. In 2025 it paid out CHF 2.17 billion in dividends.
Is Swiss Re stock halal?
No. Swiss Re does not pass our halal screen: its main business, conventional insurance, is not permitted. How we check
How has Swiss Re stock done over the past year?
Up 15.2% over the past twelve months, to CHF 150.50. It traded between CHF 114.45 and CHF 159.20 and is 5.5% below its high.
Who are Swiss Re's competitors?
The largest listed companies in the same industry are Hannover Rück, Reinsurance Group of America, Everest Re Group and RenaissanceRe Holdings. The peers table on this page compares their profit, growth and price with Swiss Re's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



