The Phoenix Holdings Ltd.

Tel Aviv Stock Exchange PHOE.TA

The Phoenix Holdings Ltd. Free Cash Flow for the year ending December 31, 2023: USD 314.95 M

The Phoenix Holdings Ltd. Free Cash Flow is USD 314.95 M for the year ending December 31, 2023, a -49.73% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
  • The Phoenix Holdings Ltd. Free Cash Flow for the year ending December 31, 2022 was USD 626.47 M, a -53.49% change year over year.
  • The Phoenix Holdings Ltd. Free Cash Flow for the year ending December 31, 2021 was USD 1.35 B, a -1.58% change year over year.
  • The Phoenix Holdings Ltd. Free Cash Flow for the year ending December 31, 2020 was USD 1.37 B, a 2,171.28% change year over year.
  • The Phoenix Holdings Ltd. Free Cash Flow for the year ending December 31, 2019 was USD 60.26 M, a 121.93% change year over year.
Key data
Date Free Cash Flow Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities
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Tel Aviv Stock Exchange: PHOE.TA

The Phoenix Holdings Ltd.

CEO Mr. Eyal Ben Simon
IPO Date Aug. 12, 2002
Location Israel
Headquarters 53 Derech Hashalom Street
Employees 4,938
Sector Finance
Industries
Description

The Phoenix Holdings Ltd. provides various insurance and pension products in Israel. It offers life and disability insurance; flight cancellation; and property and casualty insurance, including motor vehicle, motor property, home and business, third-party liability, employers' liability, directors' and officers' liability, product liability, building, contract works, and marine insurance products, as well as health insurance products, such as long-term care and critical illness, travel, sick leave, illness and hospitalization, and dental insurance. The company also provides mechanical-engineering equipment, mechanical breakdown, refrigerated inventory, cargo in transit and shippers' liability, short-term personal accident, fidelity, agricultural, and electronic equipment insurance; investment insurance for home buyers; insurance covering production and cancellation of events; and clinical trials, money, goods in transit, works of art, aviation, terrorism acts, and cyber insurance. In addition, it offers financial asset management services comprising marketing and management of investments, underwriting and investment banking, mutual funds management, and stock exchange and trading services; and pension, education, and provident funds, as well as savings products. The company was formerly known as The Israel Phoenix Assurance Company Limited. The Phoenix Holdings Ltd. was incorporated in 1949 and is headquartered in Givatayim, Israel.

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StockViz Staff

January 15, 2025

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