Admiral’s full-year turnover (an in-house revenue measure) fell 1% to £5.90bn in 2025.
Underlying profit before tax rose 16% to a record £958mn, supported by customer growth of 7% and strong performance in UK Motor.
The proposed final dividend is 90p per share, comprising a normal dividend of 72.8p and a 17.2p special dividend, taking the total dividend for the year to 205p (2024: 192p).
The Group’s post-dividend solvency ratio, which measures balance sheet strength, decreased from 203% to 193%, reflecting continued capital returns to shareholders.
Profit growth is expected to be “flatter” in 2026 as less profitable business written in 2025 feeds through.
The shares rose 2.2% in early trading.
Our view
HL view to follow.
Admiral key facts
All ratios are sourced from LSEG Datastream, based on previous day’s closing values. Please remember yields are variable and not a reliable indicator of future income. Keep in mind key figures shouldn’t be looked at on their own – it’s important to understand the big picture.
This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
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