Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Net Income: CHF6,256 Mil (TTM As of Mar. 2026)

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XSWX:MUV2 Munchener Ruckversicherungs-Gesellschaft AG XSWX:MUV2
80 GF Score
Price CHF481.60
GF Value CHF513.44
Valuation Fairly Valued
! 1 Warning Sign
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What is Munchener Ruckversicherungs-Gesellschaft AG Net Income?

Munchener Ruckversicherungs-Gesellschaft AG XSWX:MUV2 +2.23% 80 Net Income is CHF6,256 Mil as of Mar. 2026. GuruFocus rates XSWX:MUV2 with a GF Score™ of 80/100 and a GF Value™ of CHF513.44 (Fairly Valued). The stock has 1 warning sign investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Munchener Ruckversicherungs-Gesellschaft AG's Net Income for the three months ended in Mar. 2026 was CHF1,555 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was CHF6,256 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Munchener Ruckversicherungs-Gesellschaft AG's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was CHF12.21.


Munchener Ruckversicherungs-Gesellschaft AG  (XSWX:MUV2) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Munchener Ruckversicherungs-Gesellschaft AG's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Munchener Ruckversicherungs-Gesellschaft AG Net Income Related Terms


Munchener Ruckversicherungs-Gesellschaft AG Net Income Historical Data

* Premium members only.

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG's Net Income 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.

Munchener Ruckversicherungs-Gesellschaft AG Net Income Chart

Munchener Ruckversicherungs-Gesellschaft AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,052.31 5,243.21 4,343.81 5,325.33 5,708.94

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income 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 1,044.08 1,948.12 1,871.58 881.82 1,554.58
XSWX:MUV2
80GF Score
Munchener Ruckversicherungs-Gesellschaft AG XSWX:MUV2
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Munchener Ruckversicherungs-Gesellschaft AG Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Munchener Ruckversicherungs-Gesellschaft AG's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=8051.116+-2339.377+0+-2.7999999999993
=5,709

Munchener Ruckversicherungs-Gesellschaft AG's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1971.436+-411.398+0+-5.462
=1,555

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF6,256 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 Net Income →
What does a Net Income of CHF6,256 Mil mean?
Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) has a Net Income of CHF6,256 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors.
Is Munchener Ruckversicherungs-Gesellschaft AG's Net Income too high?
Munchener Ruckversicherungs-Gesellschaft AG's current Net Income is CHF6,256 Mil. Overall, Munchener Ruckversicherungs-Gesellschaft AG has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Munchener Ruckversicherungs-Gesellschaft AG's Net Income compare to RGA and EG?
Munchener Ruckversicherungs-Gesellschaft AG's Net Income of CHF6,256 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 Net Income for an Insurance company?
A good Net Income depends on the Insurance industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. Munchener Ruckversicherungs-Gesellschaft AG's current Net Income is CHF6,256 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munchener Ruckversicherungs-Gesellschaft AG stock overvalued right now?
Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) is currently considered Fairly Valued. The stock's GF Value™ is CHF513.44, compared to a current price of CHF481.60 — trading 6.2% below its estimated fair value. The current Net Income is CHF6,256 Mil. Munchener Ruckversicherungs-Gesellschaft AG's overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2), the current Net Income is CHF6,256 Mil as of Mar. 2026. 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 Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Overvalued in 2026?

Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG stock appears to be undervalued. The current stock price of CHF481.60 is trading 6.2% below its estimated GF Value™ of CHF513.44. GuruFocus considers Munchener Ruckversicherungs-Gesellschaft AG to be Fairly Valued.

Key valuation signals for XSWX:MUV2:

  • Net Income: CHF6,256 Mil
  • GF Value™: CHF513.44 vs. price of CHF481.60 (6.2% below fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the XSWX:MUV2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munchener Ruckversicherungs-Gesellschaft AG Business Description

Address Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focused on a few strong customers. Thieme focused on a broader set of cedents to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich Re introduced the first machinery insurance. After Thieme and Wilhelm von Fink founded Allianz, this was the main channel to sell machinery insurance. We believe the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.
80GF Score

Get the complete analysis for XSWX:MUV2

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

CHF481.60
Price
CHF513.44
GF Value