Financials Beazley plc

Equities

Market Closed - London S.E. Other stock markets 09:59:51 23/01/2026 pm IST			5-day change	1st Jan Change
1,154.00 ^GBX	+3.41%		+40.73%	+38.70%

22/01	Zurich Insurance Group AG cancelled the acquisition of remaining 98.5% stake in Beazley plc.	CI
22/01	Stocks in green, B&M cuts guidance	AN

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	3,564	4,619	5,269	5,601	6,164	6,262	6,479	6,549
Change	-	29.61%	14.07%	6.31%	10.05%	1.59%	3.45%	1.09%
EBITDA ¹	-	433.5	248	1,328	-	955.2	873.3	708
Change	-	-	-42.79%	435.6%	-	-	-8.57%	-18.93%
EBIT ¹	-10.2	408.1	230.4	1,295	1,463	1,159	1,071	1,083
Change	-	4,100.98%	-43.54%	462.07%	12.96%	-20.78%	-7.55%	1.1%
Interest Paid ¹	-40.2	-38.9	-39.4	-40.6	-39.3	-39.78	-39.12	-39.12
Earnings before Tax (EBT) ¹	-50.4	369.2	191	1,254	1,424	1,101	983.5	966.4
Change	-	832.54%	-48.27%	556.75%	13.48%	-22.63%	-10.7%	-1.74%
Net income ¹	-46.1	308.7	160.8	1,027	1,130	899	793	771.4
Change	-	769.63%	-47.91%	538.56%	10.08%	-20.47%	-11.79%	-2.73%
Announcement Date	05/02/21	10/02/22	02/03/23	07/03/24	04/03/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2	2026 S1	2026 S2	2027 S1
Net sales ¹	2,035	2,584	2,555	2,714	2,921	2,680	-	3,041	3,187	3,193	3,052	3,273	3,192
Change	-	26.94%	-1.11%	6.22%	7.64%	-8.24%	-	-	4.81%	0.19%	-4.4%	7.21%	-2.45%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	178.7	-	61.8	-	-	907.3	748.4	714.4	523.5	645	530.1	562.4	554.1
Change	-	-	-	-	-	-	-17.51%	-4.54%	-26.72%	23.21%	-17.82%	6.1%	-1.47%
Charge d'intérêts ¹	-21	-17.9	-19.3	-20.1	-21.3	-19.3	-19.5	-19.8	-21	-18	-	-	-
Earnings before Tax (EBT) ¹	167.3	201.9	22.3	168.7	366.4	888	728.9	694.6	502.5	627	-	-	-
Change	-	20.68%	-88.95%	656.5%	117.19%	142.36%	-17.92%	-4.71%	-27.66%	24.78%	-	-	-
Net income ¹	139.5	169.2	13.9	146.9	284.1	742.7	571.6	558.7	420.3	500	-	-	-
Change	-	21.29%	-91.78%	956.83%	93.4%	161.42%	-23.04%	-2.26%	-24.77%	18.96%	-	-	-
Announcement Date	23/07/21	10/02/22	22/07/22	02/03/23	07/09/23	07/03/24	08/08/24	04/03/25	13/08/25	-	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	563	555	576	-	-	-
Change	-	-	-	-1.42%	3.78%	-	-	-
Announcement Date	05/02/21	10/02/22	02/03/23	07/03/24	04/03/25	-	-	-

Estimates

Fiscal Period: December	2020	2021	2022	2023	2025	2026	2027
CAPEX ¹	12.9	22.2	23.7	55.2	25	26	27
Change	-	72.09%	6.76%	132.91%	-	4%	3.85%
Free Cash Flow (FCF) ¹	463.9	1,147	1,073	338	750.5	705.1	585.9
Change	-	147.32%	-6.47%	-68.5%	-	-6.05%	-16.91%
Announcement Date	05/02/21	10/02/22	02/03/23	07/03/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	9.39%	4.71%	23.71%	-	15.25%	13.48%	10.81%
EBIT Margin (%)	-0.29%	8.84%	4.37%	23.12%	23.73%	18.51%	16.54%	16.54%
EBT Margin (%)	-1.41%	7.99%	3.63%	22.39%	23.09%	17.59%	15.18%	14.76%
Net margin (%)	-1.29%	6.68%	3.05%	18.33%	18.34%	14.35%	12.24%	11.78%
FCF margin (%)	13.02%	24.84%	20.37%	6.03%	-	11.98%	10.88%	8.95%
FCF / Net Income (%)	-1,006.29%	371.66%	667.35%	32.92%	-	83.49%	88.92%	75.96%
Profitability
ROA	-0.47%	2.64%	1.15%	8.09%	7.77%	6.05%	5.15%	5.1%
ROE	-2.68%	15.67%	6.84%	30%	26.6%	19.86%	16.6%	15.8%
Financial Health
Leverage (Debt/EBITDA)	-	-	2.27x	0.42x	-	-	-	-
Debt / Free cash flow	-	-	0.52x	1.64x	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	0.36%	0.48%	0.45%	0.99%	-	0.4%	0.4%	0.41%
CAPEX / EBITDA (%)	-	5.12%	9.56%	4.16%	-	2.62%	2.98%	3.81%
CAPEX / FCF (%)	2.78%	1.93%	2.21%	16.33%	-	3.33%	3.69%	4.61%
Items per share
Cash flow per share ¹	0.8184	1.904	1.77	0.5797	0.9572	1.366	1.289	0.97
Change	-	132.62%	-7.03%	-67.25%	65.12%	42.69%	-5.61%	-24.76%
Dividend per Share ¹	-	0.1759	0.1612	0.1817	0.3178	0.3544	0.3788	0.4011
Change	-	-	-8.32%	12.69%	74.9%	11.51%	6.88%	5.89%
Book Value Per Share ¹	3.008	3.624	4.101	5.996	7.252	8.236	9.021	9.953
Change	-	20.48%	13.19%	46.19%	20.95%	13.57%	9.53%	10.33%
EPS ¹	-0.0861	0.4976	0.208	1.221	1.704	1.479	1.412	1.544
Change	-	678.21%	-58.2%	487.02%	39.56%	-13.18%	-4.59%	9.37%
Nbr of stocks (in thousands)	6,04,627	6,05,541	6,65,301	6,62,732	6,29,693	5,89,024	5,89,024	5,89,024
Announcement Date	05/02/21	10/02/22	02/03/23	07/03/24	04/03/25	-	-	-