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Direct Line Insurance Group plc (DLG.L)
Key financial summary
Financials in GBP| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | £m | 3,282 | 3,202 | 3,230 | 3,149 | 3,929 | 4,539 | 4,142 |
| Operating profit | £m | 218 | 232 | |||||
| Net profit | £m | 420 | 367 | 344 | -39 | 223 | 163 | 154 |
| EPS reported | £ | 0.11 | 0.11 | |||||
| Operating cashflow per share | £ | -0.28 | -0.28 | |||||
| Capex per share | £ | 0.08 | 0.08 | |||||
| FCF per share | £ | -0.36 | -0.36 | |||||
| Free cash flow | £m | -471 | -385 | |||||
| Net debt | £m | -849 | -849 | |||||
| Book value equity | £m | 2,484 | 2,484 | |||||
| Book value per share | £ | 1.88 | 1.88 | |||||
| Number of shares | m | 1,318.4 | 1,320.66 | |||||
| DPS (TTM paid) | £ | 0.77 | 0.77 |
Financial summary
Financials in GBP| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 23.20 | - | |||||
| P/B LTM | x | 1.34 | 1.60 | |||||
| P/S LTM | x | 0.73 | 0.96 | |||||
| P/FCF LTM | x | -7.05 | -10.29 | |||||
| EV/EBITDA LTM | x | 6.98 | 6.08 | |||||
| EV/Sales LTM | x | 0.57 | 0.75 | |||||
| Earnings Yield LTM | % | 4.31% | 4.10% | |||||
| FCF Yield | % | -14.19% | -9.72% | |||||
| Quality | ||||||||
| ROE | % | 6.54% | 6.65% | |||||
| ROIC | % | 1.89% | 1.89% | |||||
| Operating margin | % | 4.81% | 4.81% | |||||
| Gross margin | % | 100.00% | 100.00% | |||||
| FCF/Sales | % | -10.38% | -10.38% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -31.25% | -31.25% | |||||
| Sales Growth YoY | % | +15.51% | +15.51% | |||||
| Net Income Growth YoY | % | -27.05% | -27.05% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 2.86% | 25.16% | |||||
| Dividend Growth | % | +25.90% | - | |||||
| Payout Ratio | % | 58.30% | 58.30% | |||||
| FCF/Debt | x | -1.07 | -0.88 | |||||
| Net Debt/EBITDA | x | -1.92 | -1.92 | |||||
| EBIT/Net interest | x | 14.46 | 14.46 | |||||
| Net debt/market cap | % | -25.59% | -21.41% | |||||
| Net debt/Equity | x | -0.34 | -0.34 | |||||
| Gross debt/equity | x | 0.18 | 0.18 | |||||
Company overview
Based in Bromley, UK, and founded in 1985 (originally as RBS Insurance Group Limited until its 2012 rebranding), Direct Line Insurance Group plc is a prominent general insurance provider operating exclusively within the United Kingdom. The organization structures its operations across distinct segments: Motor, Home, Roadside Assistance and Other Personal Lines, and Commercial. Its comprehensive personal lines portfolio encompasses a variety of protection products, including coverage for vehicles, residences, travel, credit, and pets, alongside bespoke insurance solutions for high-net-worth clients. For the business sector, it supplies tailored insurance policies specifically designed for small and medium-sized enterprises. Beyond its core underwriting activities, Direct Line also extends a suite of auxiliary services. These include management oversight, automotive repair, insurance brokerage, operational and support functions, legal assistance, and vehicle recovery services. The company employs a multi-channel distribution strategy, making its offerings available directly to consumers through comparison websites and telephone sales, as well as via an extensive network of partners and brokers. Its diverse brand family features familiar names such as Direct Line, Churchill, Green Flag, Privilege, Direct Line for Business, NIG, DLG Partnerships, DLG Legal Services, Darwin, and DLG Auto Services.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Direct Line Insurance Group plc (DLG.L)
Based in Bromley, UK, and founded in 1985 (originally as RBS Insurance Group Limited until its 2012 rebranding), Direct Line Insurance Group plc is a prominent general insurance provider operating exclusively within the United Kingdom. The organization structures its operations across distinct segments: Motor, Home, Roadside Assistance and Other Personal Lines, and Commercial. Its comprehensive personal lines portfolio encompasses a variety of protection products, including coverage for vehicles, residences, travel, credit, and pets, alongside bespoke insurance solutions for high-net-worth clients. For the business sector, it supplies tailored insurance policies specifically designed for small and medium-sized enterprises. Beyond its core underwriting activities, Direct Line also extends a suite of auxiliary services. These include management oversight, automotive repair, insurance brokerage, operational and support functions, legal assistance, and vehicle recovery services. The company employs a multi-channel distribution strategy, making its offerings available directly to consumers through comparison websites and telephone sales, as well as via an extensive network of partners and brokers. Its diverse brand family features familiar names such as Direct Line, Churchill, Green Flag, Privilege, Direct Line for Business, NIG, DLG Partnerships, DLG Legal Services, Darwin, and DLG Auto Services.
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