Swiss Life Holding AG (FRA:SLW) EBIT: €2,138 Mil (TTM As of Dec. 2025)


FRA:SLW Swiss Life Holding AG FRA:SLW
77 GF Score
Price €953.40
GF Value €854.49
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Swiss Life Holding AG EBIT?

Swiss Life Holding AG FRA:SLW +1.00% 77 EBIT is €2,138 Mil as of Dec. 2025. GuruFocus rates FRA:SLW with a GF Score™ of 77/100 and a GF Value™ of €854.49 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Swiss Life Holding AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €1,075 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €2,138 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Swiss Life Holding AG's annualized ROC % for the quarter that ended in Dec. 2025 was 0.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Swiss Life Holding AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.69%.


Swiss Life Holding AG  (FRA:SLW) EBIT Explanation

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

Swiss Life Holding AG'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 )
=2149.736 * ( 1 - 22.6% )/( (225276.54805 + 229115.4257)/ 2 )
=1663.895664/227195.986875
=0.73 %

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 )
=230488.517 - 368.891 - ( 5256.161 - 5% * 8261.661 )
=225276.54805

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 )
=234825.888 - 605.484 - ( 5643.323 - 5% * 10766.894 )
=229115.4257

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:

Swiss Life Holding AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=2137.828/31948.497
=6.69 %

* 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.


Swiss Life Holding AG EBIT Related Terms


Swiss Life Holding AG EBIT Historical Data

* Premium members only.

The historical data trend for Swiss Life Holding AG'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.

Swiss Life Holding AG EBIT Chart

Swiss Life Holding AG 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 1,879.54 1,853.35 1,889.56 2,185.06 2,143.31

Swiss Life Holding AG 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 847.23 1,064.33 1,088.25 1,062.96 1,074.87

FRA:SLW vs BRK.A, AIG, HIG: EBIT Comparison

For the Insurance - Diversified subindustry, Swiss Life Holding AG'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.


Swiss Life Holding AG EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, Swiss Life Holding AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Swiss Life Holding AG's EV-to-EBIT falls into.


FRA:SLW
77GF Score
Swiss Life Holding AG FRA:SLW
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Swiss Life Holding AG 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 €2,138 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 €2,138 Mil mean?
Swiss Life Holding AG (FRA:SLW) has a EBIT of €2,138 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Swiss Life Holding AG.
Is Swiss Life Holding AG's EBIT too high?
Swiss Life Holding AG's current EBIT is €2,138 Mil. Overall, Swiss Life Holding AG has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swiss Life Holding AG's EBIT compare to BRK.A and AIG?
Swiss Life Holding AG's EBIT of €2,138 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 Swiss Life Holding AG. Swiss Life Holding AG's current EBIT is €2,138 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiss Life Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Swiss Life Holding AG (FRA:SLW) is currently considered Modestly Overvalued. The stock's GF Value™ is €854.49, compared to a current price of €953.40 — trading 11.6% above its estimated fair value. The current EBIT is €2,138 Mil. Swiss Life Holding AG's overall GF Score™ is 77/100 with 8 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 Swiss Life Holding AG (FRA:SLW), the current EBIT is €2,138 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 Swiss Life Holding AG (FRA:SLW) Overvalued in 2026?

Based on GuruFocus' analysis, Swiss Life Holding AG stock appears to be overvalued. The current stock price of €953.40 is trading 11.6% above its estimated GF Value™ of €854.49. GuruFocus considers Swiss Life Holding AG to be Modestly Overvalued.

Key valuation signals for FRA:SLW:

  • EBIT: €2,138 Mil
  • GF Value™: €854.49 vs. price of €953.40 (11.6% above fair value)
  • GF Score™: 77/100 with 8 warning signs

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


Swiss Life Holding AG Business Description

Address General-Guisan-Quai 40, P.O. Box 2831, Zurich, CHE, CH-8022
Swiss Life is predominantly a life and long-term savings company that generates the main share of its revenue and earnings from its domestic market of Switzerland. The company also operates in France, Germany, and a few smaller but wealthy European countries. The company has an asset manager as well. Swiss Life has three main sources of income that vary in significance by geography. Savings income relates to spread-based earnings, the risk result relates to a margin on insurance products, and the fee result relates to fees from asset management, financial advice, and unit-linked sales. The fee result has been growing in importance over time.
77GF Score

Get the complete analysis for FRA:SLW

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

€953.40
Price
€854.49
GF Value