Lancashire Holdings (FRA:LNH) EBIT: €285 Mil (TTM As of Dec. 2025)


FRA:LNH Lancashire Holdings Ltd FRA:LNH
77 GF Score
Price €7.44
GF Value €9.35
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Lancashire Holdings EBIT?

Lancashire Holdings FRA:LNH +0.27% 77 EBIT is €285 Mil as of Dec. 2025. GuruFocus rates FRA:LNH with a GF Score™ of 77/100 and a GF Value™ of €9.35 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Lancashire Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €168 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €285 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lancashire Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 9.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lancashire Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.41%.


Lancashire Holdings  (FRA:LNH) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Lancashire Holdings's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=335.452 * ( 1 - 1.13% )/( (3342.68855 + 3591.33025)/ 2 )
=331.6613924/3467.0094
=9.57 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=3944.85 - 71.961 - ( 566.324 - 5% * 722.471 )
=3342.68855

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=4102.616 - 76.689 - ( 479.436 - 5% * 896.785 )
=3591.33025

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Lancashire Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=285.378/1739.427
=16.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lancashire Holdings EBIT Related Terms


Lancashire Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Lancashire Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lancashire Holdings EBIT Chart

Lancashire Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.46 8.78 330.12 347.43 283.61

Lancashire Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 162.58 213.58 127.88 117.65 167.73

FRA:LNH vs FNF, AXS, FAF: EBIT Comparison

For the Insurance - Specialty subindustry, Lancashire Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lancashire Holdings EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, Lancashire Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lancashire Holdings's EV-to-EBIT falls into.


FRA:LNH
77GF Score
Lancashire Holdings Ltd FRA:LNH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Lancashire Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €285 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €285 Mil mean?
Lancashire Holdings (FRA:LNH) has a EBIT of €285 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lancashire Holdings.
Is Lancashire Holdings' EBIT too high?
Lancashire Holdings' current EBIT is €285 Mil. Overall, Lancashire Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lancashire Holdings' EBIT compare to FNF and AXS?
Lancashire Holdings' EBIT of €285 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Insurance company?
A good EBIT depends on the Insurance industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lancashire Holdings. Lancashire Holdings's current EBIT is €285 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lancashire Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lancashire Holdings (FRA:LNH) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.35, compared to a current price of €7.44 — trading 20.4% below its estimated fair value. The current EBIT is €285 Mil. Lancashire Holdings' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Lancashire Holdings (FRA:LNH), the current EBIT is €285 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lancashire Holdings (FRA:LNH) Overvalued in 2026?

Based on GuruFocus' analysis, Lancashire Holdings stock appears to be undervalued. The current stock price of €7.44 is trading 20.4% below its estimated GF Value™ of €9.35. GuruFocus considers Lancashire Holdings to be Modestly Undervalued.

Key valuation signals for FRA:LNH:

  • EBIT: €285 Mil
  • GF Value™: €9.35 vs. price of €7.44 (20.4% below fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the FRA:LNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lancashire Holdings Business Description

Other Exchanges LCSHF:USALREl:UKLRE:UK
Address 7 Par-la-Ville Road, Power House, Hamilton, BMU, HM 11
Lancashire Holdings Ltd is a provider of specialty reinsurance products with operations in London, Bermuda, the United States, and Australia. The company has two principal segments: reinsurance and insurance. The company generates the majority of its revenue from the Insurance segment. The Group's reinsurance segment comprises property reinsurance, specialty reinsurance, and casualty reinsurance. The insurance segment is usually written on a direct or facultative basis and comprises aviation insurance, casualty insurance, energy and marine insurance, property insurance, and specialty insurance. Geographically, the company generates the majority of its revenue from the United States and Canada.
77GF Score

Get the complete analysis for FRA:LNH

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.44
Price
€9.35
GF Value