E-L Financial Corporation Limited

Toronto Stock Exchange ELF.TO

E-L Financial Corporation Limited Return on Assets (ROA) for the year ending December 31, 2023: 3.71%

E-L Financial Corporation Limited Return on Assets (ROA) is 3.71% for the year ending December 31, 2023. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

E-L Financial Corporation Limited Return on Assets (ROA) for the year ending December 31, 2021 was 4.35%, a 115.49% change year over year.
E-L Financial Corporation Limited Return on Assets (ROA) for the year ending December 31, 2020 was 2.02%, a -35.87% change year over year.
E-L Financial Corporation Limited Return on Assets (ROA) for the year ending December 31, 2019 was 3.15%.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Toronto Stock Exchange: ELF.TO

E-L Financial Corporation Limited

CEO	Mr. Duncan Newton Rowell Jackman
IPO Date	July 8, 2002
Location	Canada
Headquarters	165 University Avenue
Employees	13
Sector	Finance
Industries Investment Banking & Asset Management Hedge Funds Insurance Pension Funds Private Equity Stock Exchanges & Brokers

Description

E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. It operates through two segments, E-L Corporate and Empire Life. The company owns investments in equities and fixed income securities directly and indirectly through pooled funds, closed-end investment companies, and other investment companies. It also underwrites life and health insurance policies, wealth management products, group plans, and financial services, as well as segregated funds, mutual funds, and annuity products to individuals, professionals, and businesses through a network of independent financial advisors, managing general agents, national account firms, mutual fund dealers, and employee benefit brokers and representatives. E-L Financial Corporation Limited was incorporated in 1968 and is headquartered in Toronto, Canada.

Key trends

Past 5 years