Fairfax Financial Holdings Limited

FRFHF ·Financial, Insurance - Property & Casualty, Ontario, Canada
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016
Revenue $28.05B $26.47B $19.79B $21.53B $17.76B $16.22B $9.30B
Cost of Revenue $3.35B $2.99B $3.00B $3.47B $2.65B $1.82B $1.10B
Gross Profit $24.70B $23.48B $16.80B $18.06B $15.10B $14.40B $8.20B
Gross Margin 88.1% 88.7% 84.9% 83.9% 85.1% 88.8% 88.2%
Operating Expenses
Research & Development — — — — — — —
SG&A Expense — — — — — — —
Operating Income $4.15B $1.61B $618.0M $1.28B $1.34B $172.2M $1.07B
Operating Margin 14.8% 6.1% 3.1% 6.0% 7.6% 1.1% 11.5%
Interest Expense $452.8M $513.9M $475.9M $472.0M $347.1M $331.2M $242.8M
Pretax Income $4.90B $4.39B $244.1M $2.23B $862.1M $2.02B $-554.3M
Income Tax Expense $1.09B $726.0M $206.7M $261.5M $44.2M $408.3M $-159.6M
Net Income $3.37B $3.40B $218.4M $2.00B $376.0M $1.74B $-512.5M
Net Margin 12.0% 12.8% 1.1% 9.3% 2.1% 10.7% -5.5%
EPS (Basic) $140.83 $129.33 $6.59 $72.80 $12.03 $66.74 $-24.18
EPS (Diluted) $131.37 $122.25 $6.29 $69.79 $11.65 $64.98 $-24.18
Shares Outstanding (Basic) — — 26.2M 26.8M 27.2M 27.8M —
Shares Outstanding (Diluted) — — 26.2M 26.8M 27.2M 27.8M —
Dividends Per Share — — — — — — —