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Admiral Group Plc (ADM.LN)

Admiral Group Plc (ADM.LN)
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Admiral is a personal lines insurer that operates predominantly in the United Kingdom. The business is primarily a motor insurer with UK and European auto insurance accounting for the majority of gross premium. Admiral also has a nascent but growing UK home insurance offering. The company was established in 1993 to sell motor insurance to nonstandard risks. These nonstandard policyholders included younger drivers, female drivers, drivers wanting to pay by credit card, and drivers based in London. Over the years the company has expanded its perimeter of nonstandard risks.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 4,866,600 3,551,300 1,493,300 1,547,400 1,297,500
Sales Growth +37.04% +137.82% -3.50% +19.26% -4.17%
Net Income 663,300 338,000 373,000 997,900 528,800
Net Income Growth +96.24% -9.38% -62.62% +88.71% +22.29%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 7,944,200 7,096,200 8,938,500 8,359,700 7,842,200
Total Assets Growth +11.95% -20.61% +6.92% +6.60% +3.39%
Total Liabilities 6,573,500 6,103,400 7,983,100 6,951,200 6,718,800
Total Liabilities Growth +7.70% -23.55% +14.84% +3.46% +0.78%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 369,000 279,000 465,100 244,600 608,800
Operating Cash Flow Growth +32.26% -40.01% +90.15% -59.82% +157.31%
Net Cash Flow -33,100 31,300 -60,900 67,600 67,600
Change in Net Cash Flow -205.75% +151.40% -190.09% unch +166.34%
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