Definity Financial Corporation

TSX:DFY Stock Report

Market Cap: CA$6.5b

Definity Financial Past Earnings Performance

Past criteria checks 5/6

Definity Financial has been growing earnings at an average annual rate of 33.6%, while the Insurance industry saw earnings growing at 13% annually. Revenues have been growing at an average rate of 12.4% per year. Definity Financial's return on equity is 16.7%, and it has net margins of 12.4%.

Key information

33.6%

Earnings growth rate

31.9%

EPS growth rate

Insurance Industry Growth20.6%
Revenue growth rate12.4%
Return on equity16.7%
Net Margin12.4%
Next Earnings Update14 Feb 2025

Recent past performance updates

Recent updates

Here's Why We Think Definity Financial (TSE:DFY) Is Well Worth Watching

Jul 23
Here's Why We Think Definity Financial (TSE:DFY) Is Well Worth Watching

Earnings Not Telling The Story For Definity Financial Corporation (TSE:DFY)

Jun 03
Earnings Not Telling The Story For Definity Financial Corporation (TSE:DFY)

Definity Financial (TSE:DFY) Is Increasing Its Dividend To CA$0.16

Mar 10
Definity Financial (TSE:DFY) Is Increasing Its Dividend To CA$0.16

Is Now The Time To Put Definity Financial (TSE:DFY) On Your Watchlist?

Feb 24
Is Now The Time To Put Definity Financial (TSE:DFY) On Your Watchlist?

Definity Financial Corporation's (TSE:DFY) Popularity With Investors Is Under Threat From Overpricing

Jan 20
Definity Financial Corporation's (TSE:DFY) Popularity With Investors Is Under Threat From Overpricing

Do Definity Financial's (TSE:DFY) Earnings Warrant Your Attention?

May 24
Do Definity Financial's (TSE:DFY) Earnings Warrant Your Attention?

Revenue & Expenses Breakdown

How Definity Financial makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:DFY Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 244,37054000
30 Jun 244,02838700
31 Mar 243,92735400
31 Dec 233,86235000
30 Sep 233,64730900
30 Jun 233,61639300
31 Mar 233,40624400
31 Dec 223,04911100
30 Sep 222,878-401070
30 Jun 222,797-232040
31 Mar 222,819983020
31 Dec 212,9632133920
30 Sep 212,8752463770
30 Jun 212,7952393650
31 Mar 212,6922163510
31 Dec 202,5821543450
31 Dec 192,498173100
31 Dec 182,426-733690

Quality Earnings: DFY has high quality earnings.

Growing Profit Margin: DFY's current net profit margins (12.4%) are higher than last year (8.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: DFY has become profitable over the past 5 years, growing earnings by 33.6% per year.

Accelerating Growth: DFY's earnings growth over the past year (74.5%) exceeds its 5-year average (33.6% per year).

Earnings vs Industry: DFY earnings growth over the past year (74.5%) exceeded the Insurance industry 40.1%.

Return on Equity

High ROE: DFY's Return on Equity (16.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 08:18
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Definity Financial Corporation is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John AikenBarclays
Tom MacKinnonBMO Capital Markets Equity Research
Paul HoldenCIBC Capital Markets