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TSX · Insurance - Property & Casualty · CAD

Definity Financial Corporation (DFY.TO) Stock Analysis

Definity Financial Corporation (DFY.TO) is a Insurance - Property & Casualty stock listed on TSX and quoted in Canadian Dollar.

DFY.TO

CA$71.86

−CA$1.79 (−2.43%)

Sep 4, 2026 · Market close

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Price History

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DFY.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$72.49
Previous Close
CA$73.65
Day's Range
69.63–73.66
52-Week Range
61.87–82.59
Volume
217.90K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.10
Valuation
Market Cap
CA$8.63B
P/E Ratio
18.66
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
15.48
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.44
EPS (ttm)Profit attributable to each share over the last twelve months.
3.85
Financials (FY)
Revenue (FY)
CA$4.87B+8.14%
Net Income (FY)
CA$418.20M−2.83%
Profit marginThe share of revenue left as profit after all costs and taxes.
7.80%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
120.12M
1-Year Return
−0.99%
Dividend and dates
Dividend
CA$0.86+1.17%
Ex-Dividend Date
September 11, 2026
Earnings Date
November 5, 2026
Avg Volume
170.70K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

DFY.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−4.78%
2025+31.30%
2024+57.75%
2023−0.93%
2022+32.39%
2021 (partial year)+8.69%

As of September 4, 2026.

DFY.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$4.87BCA$418.20M8.6%
2024CA$4.51BCA$430.40M9.5%
2023CA$4.03BCA$350.10M8.7%
2022CA$2.99BCA$110.90M3.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$4.87BCA$418.20M8.6%
2024CA$4.51BCA$430.40M9.5%
2023CA$4.03BCA$350.10M8.7%
2022CA$2.99BCA$110.90M3.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

DFY.TO Dividend History

CA$0.75+17.5% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*CA$0.432
2025CA$0.754+17.5%
2024CA$0.644+15.9%
2023CA$0.554+0.4%
YearDividends per sharePaymentsChange
2026 (partial year)CA$0.432
2025CA$0.754+17.5%
2024CA$0.644+15.9%
2023CA$0.554+0.4%
2022CA$0.554

Most recent payment: CA$0.22 per share, ex-dividend June 11, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

DFY.TO Valuation vs Insurance - Property & Casualty Median

Median of 50 stocks
MetricDFY.TOInsurance - Property & Casualty medianvs median
P/E18.6611.2865% above
P/S ratio1.441.2912% above
Profit margin7.80%11.67%3.9 pts below

Medians across 50 Insurance - Property & Casualty stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Definity Financial Corporation (DFY.TO) carries a market capitalisation of CA$8.63B. It is classified in the Insurance - Property & Casualty industry, within the Financial Services sector. The company reports 3,462 employees.

The most recent close on file for DFY.TO is CA$71.86, dated September 4, 2026. That is −CA$1.79 (−2.43%) against the previous close. The 52-week range on file runs from CA$61.87 to CA$82.59. The latest close sits 16.15% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$4.87B. That is +8.14% against the prior fiscal year, when revenue was CA$4.51B. Net income for the same year was CA$418.20M. That is −2.83% against the prior fiscal year. Profit margin runs at 7.8%. That is 3.9 percentage points below the Insurance - Property & Casualty median of 11.67%. Earnings per share on a trailing basis come to 3.85.

Across the 4 fiscal years on file, revenue moves from CA$2.99B in 2022 to CA$4.87B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 18.66 times earnings. That is 65.43% above the Insurance - Property & Casualty median of 11.28. On forward earnings the ratio is 15.48. Measured against sales, the shares trade at 1.44 times revenue. On price-to-sales that is 11.69% above the Insurance - Property & Casualty median of 1.29. The medians here are taken across 50 Insurance - Property & Casualty companies that report the metric.

The trailing one-year price return is −0.99%. Across 3 years the annualized return works out at +25.44%. The reported beta is 0.1. Annualized volatility over the trailing 4 years is 22.89%.

Growth & Income

DFY.TO pays a dividend yielding 1.17%. That is 0.3 percentage points below the Insurance - Property & Casualty median yield of 1.43%. At the indicated rate that is CA$0.86 a share a year. The ex-dividend date on file is September 11, 2026. Dividends are recorded for 5 calendar years; 2026 shows 2 payments totalling CA$0.43 a share. The year before, 2025, totalled CA$0.75 a share.

So far in 2026 the price is −4.78%. The strongest complete calendar year on file is 2024 at +57.75%; the weakest is 2023 at −0.93%. Of the 4 complete calendar years on file, 3 finished higher.

Peer Comparison

Definity Financial Corporation (DFY.TO) operates in the Insurance - Property & Casualty industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Definity Financial Corporation DFY.TO CA$8.63B 18.7
Chubb Limited CB CA$131.79B 12.3
The Progressive Corporation PGR CA$127.23B 11.0
The Travelers Companies, Inc. TRV CA$77.04B 10.1

The Insurance - Property & Casualty industry average P/E ratio is 11.3x. Definity Financial Corporation trades at a P/E of 18.7.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Definity Financial Corporation

Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, and pet insurance products to individuals under the Economical, Sonnet, Family, and Petline brands; and commercial insurance products, includes fleet, commercial auto, property, liability, and specialty insurance products to businesses. The company distributes its products on a primarily intermediated basis and through brokers, as well as directly to customers. It markets its commercial insurance products to small businesses and mid-market companies. The company was formerly known as Economical Holdings Corporation and changed its name to Definity Financial Corporation in August 2021. Definity Financial Corporation was founded in 1871 and is headquartered in Waterloo, Canada.

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