Insurance Australia Group (ASX:IAG) Goodwill: A$4,359 Mil (As of Dec. 2025)


ASX:IAG Insurance Australia Group Ltd ASX:IAG
71 GF Score
Price A$8.05
GF Value A$7.37
Valuation Fairly Valued
! 2 Warning Signs
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What is Insurance Australia Group Goodwill?

Insurance Australia Group ASX:IAG -1.95% 71 Goodwill is A$4,359 Mil as of Dec. 2025. GuruFocus rates ASX:IAG with a GF Score™ of 71/100 and a GF Value™ of A$7.37 (Fairly Valued). The stock has 2 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Insurance Australia Group's goodwill for the quarter that ended in Dec. 2025 was A$4,359 Mil.


Insurance Australia Group  (ASX:IAG) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Insurance Australia Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Goodwill-to-Asset (A: Jun. 2025 )=Goodwill/Total Assets
=2824/26309
=0.11

Insurance Australia Group's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=4359/27646
=0.16

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Insurance Australia Group Goodwill Related Terms


Insurance Australia Group Goodwill Historical Data

* Premium members only.

The historical data trend for Insurance Australia Group's Goodwill 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.

Insurance Australia Group Goodwill Chart

Insurance Australia Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,220.00 2,823.00 2,830.00 2,811.00 2,824.00

Insurance Australia Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Goodwill 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 3,716.00 2,811.00 3,828.00 2,824.00 4,359.00
ASX:IAG
71GF Score
Insurance Australia Group Ltd ASX:IAG
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Insurance Australia Group Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of A$4,359 Mil mean?
Insurance Australia Group (ASX:IAG) has a Goodwill of A$4,359 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Insurance Australia Group and its competitors.
Is Insurance Australia Group's Goodwill too high?
Insurance Australia Group's current Goodwill is A$4,359 Mil. Overall, Insurance Australia Group has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Insurance Australia Group's Goodwill compare to CB and PGR?
Insurance Australia Group's Goodwill of A$4,359 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 Goodwill for an Insurance company?
A good Goodwill depends on the Insurance industry context. However, Goodwill 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 Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Insurance Australia Group and its competitors. Insurance Australia Group's current Goodwill is A$4,359 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insurance Australia Group stock overvalued right now?
Based on GuruFocus' analysis, Insurance Australia Group (ASX:IAG) is currently considered Fairly Valued. The stock's GF Value™ is A$7.37, compared to a current price of A$8.05 — trading 9.2% above its estimated fair value. The current Goodwill is A$4,359 Mil. Insurance Australia Group's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Insurance Australia Group (ASX:IAG), the current Goodwill is A$4,359 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 Insurance Australia Group (ASX:IAG) Overvalued in 2026?

Based on GuruFocus' analysis, Insurance Australia Group stock appears to be overvalued. The current stock price of A$8.05 is trading 9.2% above its estimated GF Value™ of A$7.37. GuruFocus considers Insurance Australia Group to be Fairly Valued.

Key valuation signals for ASX:IAG:

  • Goodwill: A$4,359 Mil
  • GF Value™: A$7.37 vs. price of A$8.05 (9.2% above fair value)
  • GF Score™: 71/100 with 2 warning signs

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


Insurance Australia Group Business Description

Address Darling Park, 201 Sussex Street, Level 13, Tower Two, Level 9, Sydney, NSW, AUS, 2000
Insurance Australia Group is the biggest domestic general insurer by gross written premiums, operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia and NZI, State, AMI, and Lumley in New Zealand.
71GF Score

Get the complete analysis for ASX:IAG

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

A$8.05
Price
A$7.37
GF Value