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Fairfax Financial Holdings
(TSX:FFH)
Fairfax Financial Holdings (FFH) vs. iShares MSCI Canada ETF (EWC)
Fairfax Financial Holdings Business Overview & Revenue Model
Fairfax Financial Holdings Earnings Call Summary
Fairfax Financial Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.25B | 28.45B | 31.83B | 25.82B | 25.80B | 19.79B |
| Gross Profit | 25.26B | 28.45B | 25.80B | 25.82B | 25.80B | 19.79B |
| EBITDA | 7.93B | 7.04B | 6.09B | 2.03B | -100.50M | 1.47B |
| Net Income | 4.57B | 3.87B | 4.38B | 1.15B | 3.40B | 37.40M |
Balance Sheet | ||||||
| Total Assets | 103.57B | 96.78B | 91.99B | 92.13B | 86.65B | 74.05B |
| Cash, Cash Equivalents and Short-Term Investments | 10.04B | 7.28B | 7.96B | 11.70B | 25.34B | 16.30B |
| Total Debt | 13.22B | 13.06B | 10.80B | 9.32B | 7.75B | 8.81B |
| Total Liabilities | 73.57B | 68.43B | 64.28B | 71.79B | 65.33B | 56.53B |
| Stockholders Equity | 25.77B | 24.07B | 22.95B | 16.68B | 16.39B | 13.86B |
Cash Flow | ||||||
| Free Cash Flow | 3.36B | 3.59B | -553.50M | -4.84B | 6.29B | -133.50M |
| Operating Cash Flow | 3.79B | 3.99B | -39.40M | -4.42B | 6.64B | 139.80M |
| Investing Cash Flow | -1.26B | -1.32B | 92.00M | 384.80M | 1.84B | -46.80M |
| Financing Cash Flow | -1.65B | -1.56B | -1.07B | -1.29B | -1.19B | 436.90M |
Fairfax Financial Holdings Technical Analysis
Fairfax Financial Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | C$47.29B | 20.32 | 16.27% | 1.96% | 2.51% | 44.44% | |
76 Outperform | $53.64B | 7.69 | 18.70% | 0.96% | 16.79% | 20.82% | |
76 Outperform | C$54.79B | 14.86 | 14.19% | 4.02% | 15.27% | 4.72% | |
75 Outperform | C$48.64B | 15.35 | 13.38% | 3.98% | -0.61% | 6.69% | |
73 Outperform | C$15.47B | 15.51 | 14.34% | 2.27% | -25.13% | 16.40% | |
73 Outperform | C$7.99B | 19.37 | 11.48% | 1.10% | 18.98% | 0.82% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
Fairfax Financial Holdings Corporate Events
On October 13, 2025, Fairfax Financial Holdings Limited announced the sale of its 80% equity interest in the life insurance business operated by Eurolife FFH Insurance Group Holdings S.A. to Eurobank for €813 million. Fairfax will retain its 80% interest in Eurolife’s property and casualty insurance business and acquire a 45% equity interest in Eurobank’s property and casualty insurance operations in Cyprus for €59 million. This strategic move allows Fairfax to focus on its core property and casualty insurance operations while benefiting from Eurolife’s continued success under Eurobank’s ownership.
The most recent analyst rating on (TSE:FFH) stock is a Buy with a C$2792.00 price target. To see the full list of analyst forecasts on Fairfax Financial Holdings stock, see the TSE:FFH Stock Forecast page.
Fairfax Financial Holdings Limited has announced the sale of its 80% equity interest in the life insurance business of Eurolife FFH Insurance Group Holdings S.A. to Eurobank for €813 million. This strategic move allows Fairfax to focus on its core operations in property and casualty insurance while maintaining a stake in the life insurance sector through Eurobank. Additionally, Fairfax will acquire a 45% equity interest in Eurobank’s property and casualty insurance business in Cyprus, with an option to increase its stake over time. The transaction is expected to close in the first quarter of 2026, and it positions Fairfax to strengthen its presence in the Greek insurance market.
The most recent analyst rating on (TSE:FFH) stock is a Buy with a C$2792.00 price target. To see the full list of analyst forecasts on Fairfax Financial Holdings stock, see the TSE:FFH Stock Forecast page.
On September 26, 2025, Fairfax Financial Holdings Limited announced its intention to commence a Normal Course Issuer Bid (NCIB) for its Subordinate Voting Shares and several series of Preferred Shares, as approved by the Toronto Stock Exchange. The NCIB, effective from September 30, 2025, to September 29, 2026, aims to purchase shares that Fairfax believes represent an attractive investment opportunity, potentially enhancing shareholder value. Fairfax has also implemented an automatic share purchase plan to facilitate purchases during regulatory or internal trading black-out periods.
The most recent analyst rating on (TSE:FFH) stock is a Buy with a C$2712.00 price target. To see the full list of analyst forecasts on Fairfax Financial Holdings stock, see the TSE:FFH Stock Forecast page.
On September 2, 2025, Fairfax Financial Holdings Limited announced its quarterly dividends for Series G, H, I, J, and K preferred shares, with payment dates set for late September 2025. Additionally, the company disclosed the quarterly dividend rate for Series J preferred shares for the period ending December 30, 2025. This announcement reflects Fairfax’s ongoing commitment to returning value to its shareholders and may impact stakeholders by providing clarity on expected returns and financial planning.
The most recent analyst rating on (TSE:FFH) stock is a Buy with a C$2655.00 price target. To see the full list of analyst forecasts on Fairfax Financial Holdings stock, see the TSE:FFH Stock Forecast page.
On August 29, 2025, Fairfax Financial Holdings Limited announced its plan to redeem all outstanding Cumulative 5-Year Rate Reset Preferred Shares, Series G, and Cumulative Floating Rate Preferred Shares, Series H, on September 30, 2025. The redemption will be at a price of C$25.00 per share, totaling C$250.0 million, plus accrued dividends. Following the redemption, these shares will be delisted from the Toronto Stock Exchange, impacting the company’s capital structure and potentially affecting stakeholders’ investment strategies.
The most recent analyst rating on (TSE:FFH) stock is a Buy with a C$2655.00 price target. To see the full list of analyst forecasts on Fairfax Financial Holdings stock, see the TSE:FFH Stock Forecast page.
On August 14, 2025, Fairfax Financial Holdings Limited successfully completed a C$700 million senior notes offering, consisting of C$400 million in 4.45% Senior Notes due 2035 and C$300 million in 5.10% Senior Notes due 2055. The proceeds from this offering are intended for refinancing, repaying, or redeeming existing debt and equity obligations, pursuing acquisition or investment opportunities, and for general corporate purposes, potentially impacting the company’s financial strategy and market positioning.
The most recent analyst rating on (TSE:FFH) stock is a Buy with a C$2200.00 price target. To see the full list of analyst forecasts on Fairfax Financial Holdings stock, see the TSE:FFH Stock Forecast page.
Fairfax Financial Holdings Limited has announced a C$700 million senior notes offering, consisting of C$400 million due in 2035 and C$300 million due in 2055. The proceeds from this offering will be used to refinance existing debt, pursue potential acquisitions, and for general corporate purposes, which may include increasing cash reserves or short-term investments. This strategic move is expected to enhance Fairfax’s financial flexibility and support its growth initiatives.
The most recent analyst rating on (TSE:FFH) stock is a Buy with a C$2200.00 price target. To see the full list of analyst forecasts on Fairfax Financial Holdings stock, see the TSE:FFH Stock Forecast page.
Fairfax Financial Holdings Ltd is a Toronto-based holding company primarily engaged in property and casualty insurance and reinsurance, along with investment management through its subsidiaries.
Fairfax Financial Holdings Ltd’s recent earnings call conveyed a generally positive sentiment, underscored by substantial net earnings growth, an increase in book value per share, and robust investment returns. The call highlighted positive underwriting results and expansion in global insurance and reinsurance sectors, alongside ratings upgrades. However, challenges were noted, including a decline in the share of profits from associates and issues at Zenith and Gulf Insurance.
Fairfax Financial Holdings reported net earnings of $1,436.7 million in Q2 2025, a significant increase from $915.4 million in the same quarter of 2024, driven by substantial net gains on investments. The company’s property and casualty insurance operations showed robust performance with a combined ratio of 93.3% and an underwriting profit of $426.9 million, indicating strong market positioning and effective risk management.
The most recent analyst rating on (TSE:FFH) stock is a Buy with a C$1850.00 price target. To see the full list of analyst forecasts on Fairfax Financial Holdings stock, see the TSE:FFH Stock Forecast page.
On July 25, 2025, Fairfax Financial Holdings announced a conference call scheduled for August 1, 2025, to discuss its second quarter results for 2025. The results will be released after market close on July 31, 2025, and will be accessible on the company’s website. This announcement indicates Fairfax’s commitment to transparency and stakeholder engagement, potentially impacting investor relations and market perception.
The most recent analyst rating on (TSE:FFH) stock is a Buy with a C$1850.00 price target. To see the full list of analyst forecasts on Fairfax Financial Holdings stock, see the TSE:FFH Stock Forecast page.