Loading…
Spanish multinational insurer offering motor, home and life insurance across Spain, Latin America and other markets.
Spanish multinational insurer offering motor, home and life insurance across Spain, Latin America and other markets.
Collects premiums on motor, home and life cover sold largely through its own agent network, earns returns on the investments held against claims, and also writes reinsurance. Fundación MAPFRE, a non-profit foundation, is the controlling shareholder.
In one line: A Spanish Allstate/Liberty Mutual with Latin America exposure.
Moat: narrow (scale, brand, distribution). Long-standing distribution network across Spain and Latin America built over decades.
Headquarters: Madrid, Spain · Founded: 1933 · Employees: 30,846
Size Mapfre (MAP.MC) is a Spain Financials company (Multi-Line Insurance) with a market value of $14.1B, the 17th largest of 97 Spain companies the cockpit tracks. Shares closed at €4.13 on 6 Nov 2026.
Performance Over six months the shares fell 1.9%, against +9.1% for the median peer and +8.2% for the Spain market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 4.6% over the last twelve months (peer median +7.9%); the operating margin is 8.8% (peer median 14.1%).
Valuation It trades at 1.26× book value against a peer median of 1.73× (7th cheapest of 21).
Price implies The share price implies a return on equity of about 8.4%; Mapfre delivers 12.4%, so the price asks less than the business earns today.
Credit Mapfre has 6 bonds outstanding ($3.07B), rated A by the agencies and trading like AA at a weighted spread of 76 bp.
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €30.1B | €28.8B | €28.0B | €27.1B | €24.1B |
| Revenue growth | — | +3% | +3% | +13% | — |
| Net income | €1.18B | €1.13B | €968M | €677M | €563M |
| Free cash flow | €2.46B | €2.54B | €2.37B | €2.28B | €1.20B |
| Capital expenditure | €225M | €217M | €287M | €218M | €230M |
| Total debt | n/a | €2.98B | €3.00B | €3.05B | €3.25B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Mapfre MAP.MC | $14.1B | -2% | +5% | 12% | 1.26× | 8.4% |
| Allianz ALV.DE | $192B | +19% | +21% | 21% | 2.98× | 16.0% |
| Axa CS.PA | $103B | +13% | +11% | 19% | 2.24× | 17.8% |
| Assicurazioni Generali G.MI | $73.8B | +12% | -8% | 15% | 2.06× | 16.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MAP.MC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.2% | +3.5% | 6th lowest of 21 |
| 6-month return | -1.9% | +9.1% | 5th lowest of 21 |
| Return on equity | 12.4% | 16.3% | 8th lowest of 21 |
| Price / book | 1.26× | 1.73× | 7th cheapest of 21 |
| Trailing P/E | 10.7× | 12.5× | 9th cheapest of 20 |
| ROE the price implies | 8.4% | 10.9% | 8th least demanding of 21 |
| ROE delivered | 12.4% | 16.0% | 8th lowest of 20 |
| Bond spread | 76 bp | 90 bp | 4th tightest of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Mapfre MAP.MC | Spain | $14.1B | -2% | +5% | 12% | 1.26× | 8.4% | 12.4% |
| Gjensidige Forsikring GJF.OL | Norway | $14.7B | +9% | +7% | 30% | 5.73× | 19.1% | 29.9% |
| Suncorp SUN.AX | Australia | $14.9B | +21% | -3% | 10% | 2.08× | 11.7% | 9.8% |
| Brookfield Wealth Solutions BNT.TO | Canada | $14.9B | -8% | -18% | 1% | 0.70× | 9.4% | 0.7% |
| CNA Financial CNA | United States | $12.8B | +9% | +2% | 10% | 1.25× | 7.2% | 9.6% |
| Aegon AGN.AS | Netherlands | $12.7B | +4% | +16% | 10% | 1.25× | 8.2% | 10.5% |
| Powszechny Zaklad Ubezpieczen Spolka Akcyjna PZU.WA | Poland | $16.1B | +15% | +1% | 20% | 1.83× | 19.5% | 19.5% |
| Unum UNM | United States | $12.2B | -5% | -5% | 3% | 1.52× | 8.1% | 2.6% |
| Globe Life GL | United States | $12.1B | +4% | +6% | 21% | 2.08× | 11.7% | n/a |
| Aditya Birla Capital ABCAPITAL.NS | India | $11.5B | +8% | +24% | 12% | 2.56× | 41.9% | 12.1% |
| ASR Nederland ASRNL.AS | Netherlands | $17.3B | +14% | +6% | 13% | 1.74× | 8.3% | 13.1% |
| New China Life Insurance 1336.HK | Hong Kong | $21.5B | -24% | +44% | 42% | 0.87× | 10.3% | 42.3% |
| Legal & General LGEN.L | United Kingdom | $21.9B | +24% | +137% | 26% | 7.73× | 70.7% | 26.2% |
| Kinsale Capital KNSL | United States | $8.64B | +26% | +8% | 28% | 4.70× | 30.6% | 27.8% |
| Unipol Assicurazioni UNI.MI | Italy | $23.8B | +13% | +7% | 17% | 1.62× | 14.9% | 16.9% |
| China Taiping Insurance 0966.HK | Hong Kong | $8.28B | -24% | +19% | 36% | 0.63× | 8.1% | 36.2% |
| Hiscox HSX.L | United Kingdom | $8.08B | +18% | +4% | 17% | 2.06× | 15.1% | 16.6% |
| Lincoln National LNC | United States | $7.67B | +12% | +12% | 23% | 0.74× | 8.6% | 22.6% |
| Axis Capital AXS | United States | $7.60B | +7% | +10% | 16% | 1.33× | 8.1% | 16.0% |
| Great Eastern G07.SI | Singapore | $7.47B | +21% | +27% | 15% | 1.73× | 11.4% | 14.8% |
| Helvetia Baloise HBAN.SW | Switzerland | $27.0B | +5% | +54% | 4% | 1.80× | 4.8% | 4.0% |
Mapfre has 6 bonds outstanding with $3.07B face value. The agencies rate it A; its bonds trade like AA. Weighted yield 4.19%, a spread of 76 bp over government bonds.