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Admiral
(LSE:ADM)
Admiral (ADM) vs. iShares MSCI United Kingdom ETF (EWC)
Admiral Business Overview & Revenue Model
Admiral Earnings Call Summary
Admiral Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.57B | 5.27B | 3.55B | 1.52B | 1.56B |
| Gross Profit | 5.57B | 4.81B | 3.51B | 1.52B | 1.56B |
| EBITDA | 1.12B | 924.70M | 501.50M | 403.10M | 776.20M |
| Net Income | 742.60M | 663.30M | 338.00M | 286.50M | 593.50M |
Balance Sheet | |||||
| Total Assets | 9.02B | 7.94B | 7.10B | 6.22B | 6.18B |
| Cash, Cash Equivalents and Short-Term Investments | 301.10M | 3.60B | 3.14B | 297.00M | 372.70M |
| Total Debt | 1.89B | 1.39B | 1.21B | 1.03B | 776.20M |
| Total Liabilities | 7.58B | 6.57B | 6.10B | 5.27B | 4.78B |
| Stockholders Equity | 1.44B | 1.37B | 991.80M | 954.20M | 1.41B |
Cash Flow | |||||
| Free Cash Flow | 652.40M | 224.80M | 203.10M | 210.90M | 468.30M |
| Operating Cash Flow | 726.70M | 369.00M | 279.00M | 309.50M | 537.50M |
| Investing Cash Flow | -440.50M | -144.20M | -75.90M | 29.30M | 74.70M |
| Financing Cash Flow | -278.10M | -257.90M | -171.80M | -399.70M | -544.60M |
Admiral Technical Analysis
Admiral Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | £7.45B | 7.34 | 22.59% | 2.99% | 6.00% | -24.29% | |
78 Outperform | £9.83B | 12.89 | 51.59% | 7.42% | 22.62% | 106.27% | |
75 Outperform | £391.35M | 8.52 | 11.29% | 4.89% | 7.77% | 35.65% | |
74 Outperform | £1.38B | 6.98 | 15.28% | 11.03% | 8.78% | -38.83% | |
74 Outperform | £90.14M | 7.77 | 19.04% | 5.58% | 20.68% | 44.23% | |
74 Outperform | £4.89B | 10.38 | 15.63% | 1.93% | 1.12% | -18.14% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
Admiral Corporate Events
Admiral reported record 2025 profits of £958 million, up 16%, driven by strong UK motor performance, growth in other personal lines and Admiral Money, and a 7% increase in customers despite softer UK motor pricing and macroeconomic uncertainty. The board proposed a lower final dividend of 90p per share, maintained a robust post-dividend solvency ratio of 193%, and will grant free share awards to over 13,000 staff, underscoring both capital strength and employee-focused culture.
Operationally, the group completed the acquisition and integration of More Than, exited its US business, and agreed to acquire telemetry-led fleet insurer Flock to deepen its data-driven capabilities and tap shifting mobility trends. Heavy investment in technology, data and a new GenAI Centre of Excellence, combined with board-level digital expertise and the upcoming CFO transition from Geraint Jones to Rachel Lewis, positions Admiral to drive efficiency, multi-product relationships and long-term growth while reinforcing its position as a leading UK and European insurer.
The most recent analyst rating on (GB:ADM) stock is a Hold with a £2850.00 price target. To see the full list of analyst forecasts on Admiral stock, see the GB:ADM Stock Forecast page.
Admiral Group Plc has reported that there was no change in the number of shares issued or allotted under its Approved Share Incentive Plan during the six-month period to 1 March 2026, leaving 2,499,751 shares still available within the existing block listing capacity. The total number of Admiral shares in issue at period end remained 306,304,676, indicating no dilution for shareholders from this plan over the review period.
The company also confirmed that its Employee Benefit Trust block listing was unchanged over the same period, with 1,790,973 shares remaining unissued or unallotted and no increase in the scheme size. Rights to dividends continue to be waived on 1,831,861 shares held in the trust, a structure that supports employee share awards while limiting immediate dividend outflows and managing potential dilution for existing investors.
The most recent analyst rating on (GB:ADM) stock is a Hold with a £2850.00 price target. To see the full list of analyst forecasts on Admiral stock, see the GB:ADM Stock Forecast page.
Admiral Group has agreed to acquire Flock, a London-based digital commercial fleet insurer that uses AI-driven telemetry and real-time driving data to price risk and reward safer driving, in a deal valuing Flock’s equity at £80m, subject to regulatory approval. Flock will become Admiral’s telemetry fleet insurance proposition, with its technology platform and team, including CEO Ed Leon Klinger, integrated into Admiral Pioneer’s leadership to bolster the group’s capabilities in connected vehicle fleets.
The acquisition, funded from existing resources and credit facilities, is expected to complete in the second quarter of 2026 with an estimated impact of less than 10 points on Admiral’s solvency ratio, keeping the group comfortably above target capital levels. By combining Admiral’s scale, distribution and claims expertise with Flock’s data-rich, safety-focused platform, the deal gives Admiral immediate access to a high-growth commercial motor segment and strengthens its position in insurtech-driven fleet insurance for brokers and fleet operators.
The most recent analyst rating on (GB:ADM) stock is a Buy with a £3201.00 price target. To see the full list of analyst forecasts on Admiral stock, see the GB:ADM Stock Forecast page.
Admiral Group plc has announced that independent non-executive director Evelyn Bourke will take on an additional role as an independent non-executive director at St. James’s Place plc from 1 March 2026, where she will also serve on the Group Audit Committee and Group Remuneration Committee. The move underlines the cross-boardroom influence of Admiral’s directors within the UK financial services sector and may enhance governance linkages and oversight expertise across both organisations, though Admiral has not indicated any change to Bourke’s responsibilities on its own board.
The most recent analyst rating on (GB:ADM) stock is a Buy with a £3201.00 price target. To see the full list of analyst forecasts on Admiral stock, see the GB:ADM Stock Forecast page.
Admiral Group has announced that long-serving Chief Financial Officer Geraint Jones will retire from his role and move to a part-time position within the business from July 2026, after 24 years with the company and more than a decade on its board. Under Jones’s financial stewardship, Admiral has transformed into a leading personal lines insurer, nearly tripling its customer base to 11 million and growing its market capitalisation to £9.6 billion, while maintaining strong operational discipline. The group has chosen an internal successor, appointing Rachel Lewis, currently CFO of Admiral’s UK insurance business and a former Group Chief Actuary and Group Finance Director, as Group CFO and executive director from 1 July 2026, subject to regulatory approval. The leadership transition, praised by the CEO and chair as a product of Admiral’s robust succession planning, is expected to provide continuity in strategy and financial management, reinforcing the company’s stable governance and supporting its ambitions for further growth driven by customer-focused performance.
The most recent analyst rating on (GB:ADM) stock is a Buy with a £3600.00 price target. To see the full list of analyst forecasts on Admiral stock, see the GB:ADM Stock Forecast page.
Admiral Group plc has announced that its Chair, Mike Rogers, will take on an additional role at Nationwide Building Society, where he is to be appointed an independent Non-Executive Director and Deputy Chair from 1 April 2026, with the expectation that he will become Chair on 16 July 2026, subject to approval at Nationwide’s 2026 AGM. The move underscores Rogers’ growing influence within the UK financial services sector and means Admiral’s long-standing chair will simultaneously hold a top governance role at a major mutual lender, a development that may broaden his external perspective and network but will also draw attention from stakeholders to issues of time commitment and board capacity across both organisations.
The most recent analyst rating on (GB:ADM) stock is a Hold with a £3350.00 price target. To see the full list of analyst forecasts on Admiral stock, see the GB:ADM Stock Forecast page.
Admiral Group has completed the sale of its U.S. motor insurance business, including Elephant Insurance Company and Elephant Insurance Services, to financial-services-focused private investment firm J.C. Flowers & Co., effective 31 December 2025. The divestment allows Admiral to sharpen its strategic focus on growth opportunities in the UK and mainland Europe, while positioning Elephant to pursue an expansion strategy in the U.S. market under new ownership, backed by J.C. Flowers’ sector expertise. Executives from both Admiral and J.C. Flowers framed the deal as enabling Elephant to maintain its customer-centric culture and flexible, value-focused auto cover offering, suggesting operational continuity for policyholders alongside a renewed push for scale and product development in the competitive U.S. auto insurance sector.
The most recent analyst rating on (GB:ADM) stock is a Hold with a £3350.00 price target. To see the full list of analyst forecasts on Admiral stock, see the GB:ADM Stock Forecast page.
Admiral Group plc announced the vesting of 11,789 shares under its Discretionary Free Share Scheme to Scott Cargill, their Director overseeing Pet, Travel, and Household segments. This shareholder transaction highlights Admiral’s commitment to incentivizing managerial contributions through share awards, potentially strengthening executive alignment with the company’s growth objectives.
The most recent analyst rating on (GB:ADM) stock is a Hold with a £3300.00 price target. To see the full list of analyst forecasts on Admiral stock, see the GB:ADM Stock Forecast page.
Admiral Group has appointed Carlos Selonke as an Independent Non-Executive Director. Selonke, currently the Chief Information Officer at Revolut UK, brings over two decades of experience in financial services and technology management. His expertise in digital transformation and operational resilience is expected to support Admiral’s focus on leveraging data and technology to enhance customer service and sustain business growth. The appointment underscores Admiral’s commitment to evolving its operations to meet the needs of its expanding customer base and achieving positive outcomes for stakeholders.
The most recent analyst rating on (GB:ADM) stock is a Sell with a £3000.00 price target. To see the full list of analyst forecasts on Admiral stock, see the GB:ADM Stock Forecast page.