Financials Mapfre S.A.

Equities

Market Closed - BME Other stock markets 16:35:01 12/02/2026 GMT			After hours 18:20:15
3.770 ^EUR	-2.23%		3.758	-0.32%

12:38pm	Mapfre, S.A., 2025 Earnings Call, Feb 12, 2026
12:26pm	Insurer Mapfre's profit surges 20% despite regulatory hit in Latin America	RE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	20,482	22,155	24,540	26,917	28,122	29,047	29,776	30,548
Change	-	8.17%	10.77%	9.69%	4.48%	3.29%	2.51%	2.6%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	1,195	1,391	1,398	1,648	2,361	2,730	2,799	2,891
Change	-	16.36%	0.5%	17.9%	43.3%	15.62%	2.53%	3.29%
Interest Paid	-	-	-	-	-60.1	-	-	-
Earnings before Tax (EBT) ¹	1,118	1,355	1,398	1,648	2,100	2,434	2,484	2,528
Change	-	21.16%	3.14%	17.9%	27.44%	15.93%	2.02%	1.79%
Net income ¹	526.5	765.2	642.1	677.2	968	1,142	1,257	1,285
Change	-	45.33%	-16.08%	5.46%	42.94%	17.94%	10.15%	2.16%
Announcement Date	11/02/21	10/02/22	09/02/23	14/02/24	12/02/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q2	2023 Q3	2023 Q4	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2
Net sales ¹	4,567	4,932	-	-	4,969	5,523	6,538	5,972	6,135	5,896	6,564	6,330	6,238	7,002	6,477	11,131	8,584	7,363	5,031	6,149	8,911	7,678	6,748	-	-	-
Change	-	7.99%	-	-	-	11.13%	18.38%	-8.65%	2.73%	-3.89%	11.32%	-3.57%	-1.45%	12.26%	-7.5%	71.84%	-22.88%	-14.23%	-31.67%	22.22%	44.91%	-13.83%	-12.12%	-	-	-
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	338.9	261.4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-22.86%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	324.1	257.8	308.1	326.3	269.3	451.4	300.6	362.4	352.9	381.7	453	432.2	414.3	561.9	464.6	657.5	-	677.3	597	589.4	494.8	574.6	663.6	739.2	506	557.5
Change	-	-20.45%	19.51%	5.91%	-17.47%	67.6%	-33.4%	20.56%	-2.62%	8.16%	18.68%	-4.59%	-4.13%	35.61%	-17.31%	41.52%	-	-	-11.85%	-1.29%	-16.05%	16.14%	15.48%	11.39%	-31.55%	10.18%
Net income ¹	179.7	76.13	173.3	190.7	160.4	240.8	154.5	183.1	150.8	153.7	189.4	153.6	206.6	277.7	192	314.5	275.9	320	233.1	288.6	361.9	343.2	396.3	383.6	247.5	272.1
Change	-	-57.63%	127.63%	10.04%	-15.89%	50.12%	-35.84%	18.51%	-17.64%	1.94%	23.2%	-18.9%	34.51%	34.4%	-30.86%	63.8%	-12.27%	15.98%	-27.16%	23.82%	25.4%	-5.18%	15.46%	-3.19%	-35.48%	9.92%
Announcement Date	30/10/20	11/02/21	29/04/21	26/07/21	29/10/21	10/02/22	28/04/22	28/07/22	28/10/22	09/02/23	28/07/23	27/10/23	14/02/24	26/07/24	29/10/24	12/02/25	25/04/25	23/07/25	31/10/25	-	-	-	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 S1	2023 S1	2024 S1	2025 S1
Net sales	-	14,350	-	-
Change	-	-	-	-
EBITDA	-	-	-	-
Change	-	-	-	-
EBIT	659.6	-	-	-
Change	-	-	-	-
Charge d'intérêts	-	-	-	-
Earnings before Tax (EBT) ¹	-	-	1,032	1,245
Change	-	-	-	20.65%
Net income ¹	364	-	494	595.9
Change	-	-	-	20.63%
Announcement Date	26/07/21	28/07/23	26/07/24	23/07/25

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-292	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	11/02/21	10/02/22	09/02/23	14/02/24	12/02/25	-	-	-

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	69.49	42.9	36.1	66.8	67.3	60.1
Change	-	-38.26%	-15.85%	85.04%	0.75%	-10.7%
Free Cash Flow (FCF) ¹	468	488.1	1,347	2,548	-1,797	2,205
Change	-	4.29%	175.9%	89.21%	-170.53%	222.71%
Announcement Date	12/02/20	12/02/21	11/02/22	10/02/23	14/02/24	13/02/25

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	5.83%	6.28%	5.7%	6.12%	8.4%	9.4%	9.4%	9.46%
EBT Margin (%)	-	5.46%	6.12%	5.7%	6.12%	7.47%	8.38%	8.34%	8.28%
Net margin (%)	-	2.57%	3.45%	2.62%	2.52%	3.44%	3.93%	4.22%	4.21%
FCF margin (%)	-	-	-	2.08%	5.75%	-	-	-	-
FCF / Net Income (%)	-	-	-	79.42%	228.64%	-	-	-	-
Profitability
ROA	-	0.74%	1.15%	1.04%	1.26%	1.73%	1.5%	1.8%	1.7%
ROE	-	6.1%	9%	8.2%	9%	9.3%	13.78%	13.92%	13.73%
Financial Health
Leverage (Debt/EBITDA)	0.46x	0.54x	0.32x	0.41x	2.79x	0.44x	-	-	-
Debt / Free cash flow	1.61x	1.74x	0.36x	0.27x	-0.54x	0.57x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.125	0.1464	0.145	0.15	0.16	0.1898	0.2177	0.2309
Change	-	-	17.12%	-0.96%	3.45%	6.67%	18.64%	14.69%	6.07%
Book Value Per Share ¹	-	2.772	2.75	2.36	2.749	2.898	2.944	3.15	3.343
Change	-	-	-0.79%	-14.18%	16.5%	5.4%	1.61%	6.99%	6.11%
EPS ¹	-	0.17	0.25	0.21	0.22	0.31	0.3723	0.4015	0.4121
Change	-	-	47.06%	-16%	4.76%	40.91%	20.11%	7.85%	2.64%
Nbr of stocks (in thousands)	-	3,049,267	3,049,485	3,057,260	3,063,119	3,065,976	3,072,923	3,072,923	3,072,923
Announcement Date	-	11/02/21	10/02/22	09/02/23	14/02/24	12/02/25	-	-	-