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Swiss Life Holding AGSWX:SLHN Stock Report

Market Cap CHF 24.6b
Share Price
n/a
1Y9.7%
7D0.6%
1D-0.6%
Portfolio Value
View

Swiss Life Holding AG

SWX:SLHN Stock Report

Market Cap: CHF 24.6b

Swiss Life Holding (SLHN) Stock Overview

Provides life, pensions, and financial solutions for private and corporate clients. More details

SLHN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health3/6
Dividends6/6

SLHN Community Fair Values

Create Narrative

See what 41 others think this stock is worth. Follow their fair value or set your own to get alerts.

Swiss Life Holding AG Competitors

Price History & Performance

Summary of share price highs, lows and changes for Swiss Life Holding
Historical stock prices
Current Share PriceCHF 880.60
52 Week HighCHF 949.00
52 Week LowCHF 793.00
Beta0.54
1 Month Change2.40%
3 Month Change5.13%
1 Year Change9.75%
3 Year Change71.46%
5 Year Change95.86%
Change since IPO49.51%

Recent News & Updates

Narrative Update Jun 23

SLHN: Raised Price Views And Ongoing Buybacks Will Likely Keep Upside Balanced

Analysts have modestly raised their price target on Swiss Life Holding to CHF 745, an increase of CHF 10, citing updated assumptions on discount rates and long term earnings metrics following recent research updates. Analyst Commentary Recent research on Swiss Life Holding highlights a mix of cautious and supportive views, with price targets and ratings reflecting differing opinions on valuation, earnings potential and execution risks.
Narrative Update Jun 07

SLHN: Earnings Beat And Buybacks Likely Keep Upside And Risks Balanced

Analysts have nudged their price targets for Swiss Life higher, with the latest CHF 10 and CHF 3.17 upward revisions contributing to a modest increase in the intrinsic value estimate to CHF 852.13. This change is underpinned by slightly stronger assumptions for revenue growth, profit margins and a marginally lower discount rate.
Narrative Update May 24

SLHN: Future Returns Likely Stay Capped As Views Turn More Mixed

Analysts have made a modest upward adjustment to the Swiss Life Holding price target to around CHF 848, reflecting updated views on revenue, profit margins and a slightly higher assumed P/E multiple following recent research updates from major banks. Analyst Commentary Recent research gives a mixed but constructive read on Swiss Life Holding, with some analysts lifting price targets and others turning more cautious on the stock's risk and reward profile.
Analysis Article May 22

Industry Analysts Just Upgraded Their Swiss Life Holding AG (VTX:SLHN) Revenue Forecasts By 41%

Shareholders in Swiss Life Holding AG ( VTX:SLHN ) may be thrilled to learn that the analysts have just delivered a...

Recent updates

Narrative Update Jun 23

SLHN: Raised Price Views And Ongoing Buybacks Will Likely Keep Upside Balanced

Analysts have modestly raised their price target on Swiss Life Holding to CHF 745, an increase of CHF 10, citing updated assumptions on discount rates and long term earnings metrics following recent research updates. Analyst Commentary Recent research on Swiss Life Holding highlights a mix of cautious and supportive views, with price targets and ratings reflecting differing opinions on valuation, earnings potential and execution risks.
Narrative Update Jun 07

SLHN: Earnings Beat And Buybacks Likely Keep Upside And Risks Balanced

Analysts have nudged their price targets for Swiss Life higher, with the latest CHF 10 and CHF 3.17 upward revisions contributing to a modest increase in the intrinsic value estimate to CHF 852.13. This change is underpinned by slightly stronger assumptions for revenue growth, profit margins and a marginally lower discount rate.
Narrative Update May 24

SLHN: Future Returns Likely Stay Capped As Views Turn More Mixed

Analysts have made a modest upward adjustment to the Swiss Life Holding price target to around CHF 848, reflecting updated views on revenue, profit margins and a slightly higher assumed P/E multiple following recent research updates from major banks. Analyst Commentary Recent research gives a mixed but constructive read on Swiss Life Holding, with some analysts lifting price targets and others turning more cautious on the stock's risk and reward profile.
Analysis Article May 22

Industry Analysts Just Upgraded Their Swiss Life Holding AG (VTX:SLHN) Revenue Forecasts By 41%

Shareholders in Swiss Life Holding AG ( VTX:SLHN ) may be thrilled to learn that the analysts have just delivered a...
Narrative Update May 03

SLHN: Future Returns Will Likely Stay Capped Despite CHF 10 Reappraisal

Analysts have raised their CHF price targets for Swiss Life Holding by about CHF 5. They cite minor changes in fair value estimates and discount rates, along with a slightly higher assumed future P/E multiple, as the main reasons for the adjustment.
Narrative Update Apr 18

SLHN: Future Returns Will Likely Be Constrained Despite CHF 10 Upside

Narrative Update The analyst price target for Swiss Life Holding has shifted higher by CHF 3.33 to reflect updated views on fair value and modest adjustments to discount rate, revenue growth, profit margin and future P/E assumptions cited by recent research, including moves of CHF 3.17 and CHF 10 from major banks. Analyst Commentary Recent Street research on Swiss Life Holding has focused on fine tuning valuation assumptions rather than shifting the core view on the company.
Narrative Update Apr 02

SLHN: Future Returns Will Likely Reflect Modest CHF 10 Upside And Stable Assumptions

Analysts have increased their price targets on Swiss Life Holding by around CHF 3 to CHF 10. This reflects updated views on fair value, discount rate, revenue trends and profit margins, which feed into a slightly adjusted future P/E outlook.
Narrative Update Mar 19

SLHN: Future Returns Will Likely Reflect Modest CHF 10 Upside And Stable Assumptions

Analysts have increased their Swiss Life Holding price target by CHF 10, citing slightly adjusted assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the basis for the change. Analyst Commentary Bullish Takeaways Bullish analysts view the CHF 10 uplift to fair value as consistent with their revised assumptions on discount rates and P/E, indicating that they see the current share price as not fully reflecting those inputs.
Narrative Update Mar 04

SLHN: Future Returns Will Likely Reflect CHF 841 Fair Value And Steady Assumptions

Analysts have lifted their price target on Swiss Life Holding by CHF 10 to reflect updated assumptions around the discount rate and future P/E, while keeping the fair value broadly unchanged. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target, raised by CHF 10, as consistent with updated assumptions around the discount rate and future P/E.
Narrative Update Feb 18

SLHN: Future Returns Will Likely Reflect CHF 841 Fair Value And Measured Confidence

Analysts have lifted their price target on Swiss Life Holding by CHF 10 to reflect a slightly higher fair value estimate of about CHF 841, supported by recent research pointing to a modestly higher forward P/E and a small adjustment in the discount rate. Analyst Commentary Bullish Takeaways Bullish analysts link the CHF 10 price target lift to slightly stronger confidence in Swiss Life Holding’s ability to support a higher forward P/E.
Narrative Update Feb 02

SLHN: Future Returns Will Likely Reflect Balanced CHF 836 Fair Value And Sector Optimism

Analysts have slightly reduced their fair value estimate for Swiss Life Holding to CHF 836.17 from CHF 837.83, citing updated pricing assumptions. They also referenced recent price target increases in sector research, where targets have risen from CHF 859 to CHF 939, as context for their revised outlook.
Analysis Article Jan 20

Risks To Shareholder Returns Are Elevated At These Prices For Swiss Life Holding AG (VTX:SLHN)

It's not a stretch to say that Swiss Life Holding AG's ( VTX:SLHN ) price-to-earnings (or "P/E") ratio of 20.8x right...
Narrative Update Jan 19

SLHN: Future Returns Will Likely Be Balanced Despite Raised CHF 939 Objective

Analysts have lifted their fair value estimate for Swiss Life Holding from CHF 825.82 to CHF 837.83, citing recent price target increases by several firms and updated assumptions on discount rates, earnings quality and future P/E levels. Analyst Commentary Bullish Takeaways Bullish analysts are pointing to the higher price targets, including the CHF 939 figure, as support for a higher assessed fair value range versus prior assumptions.
Narrative Update Jan 05

SLHN: Future Returns Will Likely Disappoint Despite Raised CHF 939 Price Objective

Analysts have modestly raised their price target on Swiss Life Holding, reflecting a slightly higher intrinsic value estimate of approximately CHF 826, up from about CHF 822. They attribute this change to sustained profitability and supportive sector dynamics.
Narrative Update Dec 14

SLHN: Future Prospects Will Reflect Balanced Outlook Amid Divergent Price Expectations

Analysts have nudged their price targets higher on Swiss Life Holding, reflecting a modest increase in fair value from CHF 818 to about CHF 822, as they factor in a slightly higher discount rate but broadly unchanged long term growth and profitability assumptions. Analyst Commentary Recent price target revisions highlight a divided but constructive view on Swiss Life Holding, with bullish analysts seeing more upside to the current fair value, while more cautious voices point to execution and market risks that could cap near term performance.
Narrative Update Nov 28

SLHN: Future Prospects Will Reflect Balanced Outlook Amid Recent Share Buybacks

Swiss Life Holding’s analyst price target has increased from CHF 809.91 to CHF 817.82. This reflects a modest upward revision as analysts cite recent target hikes and ongoing optimism from key institutions.
Narrative Update Nov 12

SLHN: Future Performance Will Reflect Balanced Outlook Amid Buyback Progress

Swiss Life Holding’s analyst price target has been modestly increased, as analysts cite incremental improvements in revenue growth assumptions and a slight reduction in discount rates. This has led to updated targets such as CHF 715, CHF 800, and CHF 859 from various firms.
Narrative Update Oct 28

Share Buybacks And Digital Advancements Will Shape European Pension Markets

Analysts have modestly raised their average price target for Swiss Life Holding, citing small improvements in revenue growth outlook and profit margin stability as key factors supporting the new projections. Analyst Commentary Recent updates from research analysts highlight a nuanced outlook for Swiss Life Holding, with both optimistic and cautious perspectives reflected in the latest price target changes and ratings adjustments.
Narrative Update Oct 14

Self-funded Pensions And Digitalization Will Expand European Markets

Analysts have modestly increased their fair value estimate for Swiss Life Holding to CHF 809.91 from CHF 801.73. This change is due to incremental improvements in price targets across recent research updates.
Narrative Update Sep 16

Self-funded Pensions And Digitalization Will Expand European Markets

Swiss Life Holding's consensus price target was modestly raised to CHF801.73, driven by improving earnings growth expectations, resilient fee and risk income, and strong cost discipline, despite some caution over macroeconomic headwinds following recent share price gains. Analyst Commentary Expectations of improved earnings growth supported modest price target increases.
Analysis Article Jul 25

Swiss Life Holding AG's (VTX:SLHN) Business Is Trailing The Market But Its Shares Aren't

It's not a stretch to say that Swiss Life Holding AG's ( VTX:SLHN ) price-to-earnings (or "P/E") ratio of 19.9x right...
User avatar
New Narrative Feb 09

New Index-Based Offerings And Adviser Recruitment Will Shape Future Success

Strategic investments and increased adviser recruiting suggest potential for future revenue growth and enhanced shareholder value.

Shareholder Returns

SLHNCH InsuranceCH Market
7D0.6%1.9%1.8%
1Y9.7%3.9%17.0%

Return vs Industry: SLHN exceeded the Swiss Insurance industry which returned 3.9% over the past year.

Return vs Market: SLHN underperformed the Swiss Market which returned 17% over the past year.

Price Volatility

Is SLHN's price volatile compared to industry and market?
SLHN volatility
SLHN Average Weekly Movement2.5%
Insurance Industry Average Movement2.6%
Market Average Movement4.3%
10% most volatile stocks in CH Market7.5%
10% least volatile stocks in CH Market2.2%

Stable Share Price: SLHN has not had significant price volatility in the past 3 months compared to the Swiss market.

Volatility Over Time: SLHN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
185711,157Matthias Aelligwww.swisslife.com

Swiss Life Holding AG provides life, pensions, and financial solutions for private and corporate clients. It operates through Switzerland, France, Germany, International, Asset Managers, and Other segments. The company offers a various life, pension, health, annuity, and investment-type policies to groups and individuals, as well as disability coverage.

Swiss Life Holding AG Fundamentals Summary

How do Swiss Life Holding's earnings and revenue compare to its market cap?
SLHN fundamental statistics
Market capCHF 24.61b
Earnings (TTM)CHF 1.23b
Revenue (TTM)CHF 11.71b
20.0x
P/E Ratio
2.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SLHN income statement (TTM)
RevenueCHF 11.71b
Cost of RevenueCHF 7.65b
Gross ProfitCHF 4.06b
Other ExpensesCHF 2.83b
EarningsCHF 1.23b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Sep 01, 2026

Earnings per share (EPS)44.05
Gross Margin34.65%
Net Profit Margin10.51%
Debt/Equity Ratio195.7%

How did SLHN perform over the long term?

See historical performance and comparison

Dividends

4.1%
Current Dividend Yield
84%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/24 08:59
End of Day Share Price 2026/06/24 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Swiss Life Holding AG is covered by 21 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel BischofBaader Helvea Equity Research
Alessia MagniBarclays
Michael HuttnerBerenberg