Coronation Insurance Plc

NGSE:WAPIC Stock Report

Market Cap: ₦68.4b

Coronation Insurance Past Earnings Performance

Past criteria checks 2/6

Coronation Insurance has been growing earnings at an average annual rate of 52.5%, while the Insurance industry saw earnings growing at 42.6% annually. Revenues have been growing at an average rate of 41.5% per year. Coronation Insurance's return on equity is 14.3%, and it has net margins of 10.6%.

Key information

52.45%

Earnings growth rate

50.87%

EPS growth rate

Insurance Industry Growth25.37%
Revenue growth rate41.54%
Return on equity14.34%
Net Margin10.56%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Coronation Insurance makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:WAPIC Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2560,9016,4291490
30 Jun 2554,6325,421930
31 Mar 2556,10910,18300
31 Dec 2450,87111,91100
30 Sep 2442,18710,88900
30 Jun 2436,1148,81100
31 Mar 2433,9257,36600
31 Dec 2325,6591,81900
30 Sep 2317,437-2,453-9430
30 Jun 2317,579-3,186-5800
31 Mar 2313,426-3,876-2710
31 Dec 2211,158-1,96800
30 Sep 2213,192-1,2653,9060
30 Jun 2212,313-2,4903,9360
31 Mar 2212,505-2,4123,9370
31 Dec 2111,446-2,5833,9490
30 Sep 2110,914-5023,5730
30 Jun 2111,3089463,4220
31 Mar 2110,4481,4803,3680
31 Dec 2010,4391,2023,3520
30 Sep 2010,8182343,7820
30 Jun 2010,6105643,8120
31 Mar 2010,282853,8480
31 Dec 1910,6482143,8800
30 Sep 198,8571,0374,4920
30 Jun 199,2255574,5160
31 Mar 1910,2543694,5190
31 Dec 189,0223514,5560
30 Sep 189,9551,0414,1740
30 Jun 189,6451,2354,1390
31 Mar 188,6531,7374,1140
31 Dec 178,3661,5314,0760
30 Sep 178,4892161,3770
30 Jun 177,3298131,4580
31 Mar 176,8127251,4640
31 Dec 166,4275861,4370
30 Sep 167,0252,4111,1450
30 Jun 167,0701,4471,1080
31 Mar 167,0671,3141,1310
31 Dec 156,9751,2971,1780
30 Sep 155,6561471,0880
30 Jun 154,955771,0850
31 Mar 154,7291901,1830
31 Dec 144,6932371,1810

Quality Earnings: WAPIC has high quality earnings.

Growing Profit Margin: WAPIC's current net profit margins (10.6%) are lower than last year (25.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: WAPIC's earnings have grown significantly by 52.5% per year over the past 5 years.

Accelerating Growth: WAPIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WAPIC had negative earnings growth (-41%) over the past year, making it difficult to compare to the Insurance industry average (-13.3%).


Return on Equity

High ROE: WAPIC's Return on Equity (14.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/06 16:28
End of Day Share Price 2025/11/06 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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

Coronation Insurance Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.