Fairfax Fin Hldg Financials
This page shows Fairfax Fin Hldg (FRFXF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FRFXF is expanding through a larger balance sheet, while cash conversion remains less stable than reported profitability.
Recent profit stayed above$4.2B , but operating cash flow reached only$2.4B in the latest year. That mismatch, alongside rising leverage and little cash buildup, suggests the business is growing its asset base faster than it is turning earnings into deployable cash.
The company is running an asset-heavy balance sheet: liabilities were about
Cash stayed near
Financial Health Signals
Fairfax Fin Hldg does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Fairfax Fin Hldg passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Fairfax Fin Hldg generates $0.46 in operating cash flow ($2.4B OCF vs $5.3B net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Fairfax Fin Hldg reported $5.3B in net income in fiscal year 2025. This represents an increase of 23.9% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Fairfax Fin Hldg held $6.2B in cash against $13.6B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Fairfax Fin Hldg's ROE was 17.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.1 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
FRFXF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | $28.1B+6.0% | $26.5B+33.7% | $19.8B-8.1% | $21.5B+21.3% | $17.8B+9.4% | $16.2B+74.5% | $9.3B |
| Interest Expense | N/A | N/A | N/A | $46.9M-19.0% | $57.9M-7.8% | $62.8M-7.4% | $67.8M | $0 | N/A | N/A |
| Income Tax | $1.2B-15.9% | $1.4B+69.1% | $813.4M-25.5% | $1.1B+50.5% | $726.0M+251.2% | $206.7M-21.0% | $261.5M+491.6% | $44.2M-89.2% | $408.3M+355.8% | -$159.6M |
| Net Income | $5.3B+23.9% | $4.3B-16.3% | $5.1B+33.7% | $3.8B+4.0% | $3.7B+9703.7% | $37.4M-98.1% | $2.0B+141.0% | $817.9M-49.4% | $1.6B+509.1% | -$394.7M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EPS (Diluted).
FRFXF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $107.8B+11.4% | $96.8B+5.2% | $92.0B+16.7% | $78.8B-9.0% | $86.6B+17.0% | $74.1B+5.0% | $70.5B+9.5% | $64.4B+0.4% | $64.1B+47.7% | $43.4B |
| Cash & Equivalents | $6.2B+2.1% | $6.1B+19.4% | $5.1B-16.3% | $6.1B-47.6% | $11.7B+161.6% | $4.5B+15.6% | $3.9B-24.5% | $5.1B-41.7% | $8.8B+88.6% | $4.6B |
| Goodwill | $4.2B+2.6% | $4.1B+32.1% | $3.1B+6.6% | $2.9B-5.1% | $3.1B-1.3% | $3.1B+4.3% | $3.0B+10.9% | $2.7B-7.0% | $2.9B+77.8% | $1.6B |
| Total Liabilities | $76.9B+12.4% | $68.4B+6.4% | $64.3B+15.2% | $55.8B-14.6% | $65.3B+15.6% | $56.5B+7.5% | $52.6B+11.9% | $47.0B+2.9% | $45.7B+44.7% | $31.6B |
| Long-Term Debt | $13.6B+16.1% | $11.8B+20.9% | $9.7B+12.7% | $8.6B+11.2% | $7.8B-12.0% | $8.8B+21.9% | $7.2B+11.6% | $6.5B+1.0% | $6.4B+34.5% | $4.8B |
| Total Equity | $30.9B+8.9% | $28.3B+2.3% | $27.7B+20.3% | $23.0B+7.2% | $21.5B+22.5% | $17.5B-2.1% | $17.9B+3.1% | $17.4B-5.7% | $18.4B+55.8% | $11.8B |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Retained Earnings.
FRFXF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.4B-39.4% | $4.0B+10236.8% | -$39.4M+99.1% | -$4.4B-166.6% | $6.6B+4650.4% | $139.8M-89.7% | $1.4B+170.4% | -$1.9B-170.4% | $2.7B+117.3% | $1.3B |
| Investing Cash Flow | -$523.8M+60.4% | -$1.3B-1538.2% | $92.0M-76.1% | $384.8M-79.1% | $1.8B+4028.6% | -$46.8M+96.1% | -$1.2B-91.5% | -$628.6M+32.2% | -$927.7M+44.5% | -$1.7B |
| Financing Cash Flow | -$1.8B-16.7% | -$1.6B-46.5% | -$1.1B+17.6% | -$1.3B-8.9% | -$1.2B-372.2% | $436.9M+152.2% | -$837.4M-23.9% | -$676.1M-138.4% | $1.8B+14.1% | $1.5B |
| Dividends Paid | $368.1M-10.6% | $411.7M+39.6% | $294.9M-0.1% | $295.1M-6.8% | $316.6M | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.
FRFXF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | N/A | N/A | N/A | 13.6%-0.3pp | 13.9%+13.7pp | 0.2%-9.0pp | 9.2%+4.5pp | 4.6%-5.3pp | 10.0%+14.2pp | -4.2% |
| Return on Equity | 17.1%+2.1pp | 15.0%-3.4pp | 18.4%+1.8pp | 16.6%-0.5pp | 17.1%+16.9pp | 0.2%-10.8pp | 11.0%+6.3pp | 4.7%-4.1pp | 8.8%+12.1pp | -3.3% |
| Return on Assets | 4.9%+0.5pp | 4.4%-1.1pp | 5.5%+0.7pp | 4.8%+0.6pp | 4.2%+4.2pp | 0.1%-2.8pp | 2.8%+1.5pp | 1.3%-1.3pp | 2.5%+3.4pp | -0.9% |
| Debt-to-Equity | 0.440.0x | 0.41+0.1x | 0.350.0x | 0.370.0x | 0.36-0.1x | 0.50+0.1x | 0.400.0x | 0.370.0x | 0.35-0.1x | 0.40 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Where Fairfax Fin Hldg Ranks
Frequently Asked Questions
Is Fairfax Fin Hldg profitable?
Yes, Fairfax Fin Hldg (FRFXF) reported a net income of $5.3B in fiscal year 2025.
How much debt does Fairfax Fin Hldg have?
As of fiscal year 2025, Fairfax Fin Hldg (FRFXF) had $6.2B in cash and equivalents against $13.6B in long-term debt.
What is Fairfax Fin Hldg's return on equity (ROE)?
Fairfax Fin Hldg (FRFXF) has a return on equity of 17.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Fairfax Fin Hldg's operating cash flow?
Fairfax Fin Hldg (FRFXF) generated $2.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Fairfax Fin Hldg's total assets?
Fairfax Fin Hldg (FRFXF) had $107.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Fairfax Fin Hldg's debt-to-equity ratio?
Fairfax Fin Hldg (FRFXF) had a debt-to-equity ratio of 0.44 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Fairfax Fin Hldg's return on assets (ROA)?
Fairfax Fin Hldg (FRFXF) had a return on assets of 4.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Fairfax Fin Hldg's Piotroski F-Score?
Fairfax Fin Hldg (FRFXF) has a Piotroski F-Score of 3 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Fairfax Fin Hldg's earnings high quality?
Fairfax Fin Hldg (FRFXF) has an earnings quality ratio of 0.46x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.