US$187 (vs US$141 in FY 2022)

Fairfax Financial Holdings (TSE:FFH) Full Year 2023 Results

Key Financial Results

• Revenue: US$31.8b (up 14% from FY 2022).

• Net income: US$4.33b (up 30% from FY 2022).

• Profit margin: 14% (up from 12% in FY 2022). The increase in margin was driven by higher revenue.

• EPS: US$187 (up from US$141 in FY 2022).

FFH Profitability Indicators

All figures shown in the chart above are for the trailing 12 month (TTM) period

Fairfax Financial Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Insurance industry in Canada.

Performance of the Canadian Insurance industry.

The company’s share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we’ve spotted 2 warning signs for Fairfax Financial Holdings (of which 1 can’t be ignored!) you should know about.

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