Fairfax Financial Holdings Full Year 2024 Earnings Report: Earnings per Share (EPS) are US$173, compared to US$187 in FY 2023.

February 16, 2025 05:36 AM AEDT | By Team Kalkine Media

Fairfax Financial Holdings Full Year 2024 Earnings Report: Earnings per Share (EPS) are US$173, compared to US$187 in FY 2023. — Image source: Shutterstock

Revenue and Expense Insights

The key contributor to Fairfax Financial's revenue was the Insurance and Reinsurance - Odyssey Group division, which alone generated US$5.90 billion, accounting for 17% of the total revenue. However, the cost of sales, amounting to US$21.6 billion, made up 62% of the total revenue, significantly impacting the company's earnings.

Forecast and Outlook

Looking ahead, Fairfax Financial Holdings is expected to see revenue growth averaging 3.2% annually over the next three years. This projection stands in contrast to the broader Canadian Insurance industry, anticipated to grow at a rate of 6.3% annually.

Industry Performance and Risk Analysis

The company's stock performance has been positive, with a 3.0% increase over the past week. Nevertheless, potential investors should be aware of certain risks, as Fairfax Financial Holdings has been flagged for two warning signs, one of which is of particular concern.

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