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TSX · Insurance - Life · CAD

E-L Financial Corporation Limited (ELF.TO) Stock Analysis

E-L Financial Corporation Limited (ELF.TO) is a Insurance - Life stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

ELF.TO

CA$19.78

−CA$0.35 (−1.74%)

Oct 21, 2026 · Market close

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Price History

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ELF.TO Key Statistics

As of Oct 21, 2026
Trading
Open
CA$20.13
Previous Close
CA$20.13
Day's Range
19.72–20.44
52-Week Range
15.41–20.44
Volume
39.58K
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.
0.84
Valuation
Market Cap
CA$6.84B
P/E Ratio
3.86
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
79.12
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.89
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.62
EPS (ttm)Profit attributable to each share over the last twelve months.
5.13
Financials (FY)
Revenue (FY)
CA$2.87B−14.28%
Net Income (FY)
CA$1.24B−21.27%
Profit marginThe share of revenue left as profit after all costs and taxes.
43.23%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
345.64M
1-Year Return
+29.70%
Dividend and dates
Dividend
CA$0.16+0.79%
Ex-Dividend Date
September 29, 2026
Earnings Date
November 9, 2026estimated
Avg Volume
32.48K

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

Key facts

As of October 21, 2026, ELF.TO closed at CA$19.78, +29.70% over 1 year.

E-L Financial Corporation Limited (ELF.TO) has a market capitalization of CA$6.84B.

In fiscal 2025, ELF.TO reported revenue of CA$2.87B.

ELF.TO Stock Return by Calendar Year

E-L Financial Corporation Limited (ELF.TO) 10-year return: what CA$10,000 became

1 year
CA$10,000 CA$12,970
+29.70%
5 years
CA$10,000 CA$29,797
+197.97%
10 years
CA$10,000 CA$44,540
+345.40%

If you had invested CA$10,000 in E-L Financial Corporation Limited (ELF.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$44,540 at the close on October 21, 2026: +345.40% in total, +16.11% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

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

YearReturn
2026 (partial year)+29.95%
2025+37.18%
2024+35.10%
2023+19.15%
2022+2.24%
2021+30.69%
2020−3.15%
2019+12.74%
2018−8.60%
2017+12.14%
2016 (partial year)+6.94%

As of October 21, 2026.

ELF.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$2.87BCA$1.24B43.1%
2024CA$3.35BCA$1.57B46.9%
2023CA$3.00BCA$955.28M31.9%
2022−CA$1.18B−CA$331.44M28.1%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$2.87B——CA$1.24B43.1%
2024CA$3.35B——CA$1.57B46.9%
2023CA$3.00B——CA$955.28M31.9%
2022−CA$1.18B——−CA$331.44M28.1%

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

ELF.TO Dividend History

CA$1.66+121.0% vs 2024

Dividends per share, 2025 · 5 payments

YearDividends per sharePaymentsChange
2026*CA$1.133—
2025CA$1.665+121.0%
2024CA$0.755+400.0%
2023CA$0.154−57.1%
YearDividends per sharePaymentsChange
2026 (partial year)CA$1.133—
2025CA$1.665+121.0%
2024CA$0.755+400.0%
2023CA$0.154−57.1%
2022CA$0.354−60.6%
2021CA$0.895+195.8%
2020CA$0.304+500.0%
2019CA$0.054+0.0%
2018CA$0.054+0.0%
2017CA$0.054+300.0%
2016CA$0.011—

Most recent payment: CA$0.38 per share, ex-dividend June 30, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

ELF.TO Valuation vs Insurance - Life Median

Median of 22 stocks
MetricELF.TOInsurance - Life medianvs median
P/E3.8612.180.3x the median
P/S ratio1.621.1047% above
Profit margin43.23%8.74%34.5 pts above

Medians across 22 Insurance - Life stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values E-L Financial Corporation Limited (ELF.TO) at CA$6.84B. It is classified in the Insurance - Life industry, within the Financial Services sector. The company reports 1,250 employees.

ELF.TO last closed at CA$19.78 on October 21, 2026. That is −CA$0.35 (−1.74%) against the previous close. Over the past 52 weeks the price has ranged from CA$15.41 to CA$20.44. The latest close sits 28.36% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$2.87B. Against the prior fiscal year total of CA$3.35B, that is a change of −14.28%. The same year closed with net income of CA$1.24B. That is −21.27% against the prior fiscal year. The reported profit margin is 43.23%. That is 34.5 percentage points above the Insurance - Life median of 8.74%. Trailing earnings per share are 5.13.

Across the 4 fiscal years on file, revenue moves from −CA$1.18B in 2022 to CA$2.87B in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

ELF.TO trades at a trailing price-to-earnings ratio of 3.86. That is 0.3 times the Insurance - Life median of 12.18. On forward earnings the ratio is 79.12. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.89. The price-to-sales ratio is 1.62. On price-to-sales that is 46.94% above the Insurance - Life median of 1.1. 22 Insurance - Life companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the total return is +29.70%. Measured over 10 years, that is +16.11% a year compounded. The reported beta is 0.84. Annualized volatility over the trailing 10 years is 21.46%.

Growth & Income

Shareholders receive a dividend, yielding 0.79% on the latest price. That is 1.6 percentage points below the Insurance - Life median yield of 2.38%. At the indicated rate that is CA$0.16 a share a year. The ex-dividend date on file is September 29, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling CA$1.13 a share. The year before, 2025, totalled CA$1.66 a share.

2026 is still running; the total return is +29.95% year to date. Across the complete calendar years on file, 2025 returned +37.18% and 2018 returned −8.60%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

E-L Financial Corporation Limited (ELF.TO) operates in the Insurance - Life industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
E-L Financial Corporation Limited ELF.TO CA$6.84B 3.9
Great-West Lifeco Inc. GWO.TO CA$82.20B 18.9
Manulife Financial Corporation MFC $74.87B 17.0
MetLife, Inc. MET $64.93B 19.6

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Insurance - Life industry average P/E ratio is 12.2x. E-L Financial Corporation Limited trades at a P/E of 3.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About E-L Financial Corporation Limited

E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. It operates in two segments, E-L Corporate and Empire Life. The company owns investments in equities and fixed income securities directly and indirectly through common shares, investment funds, closed-end investment companies, limited partnerships, and other private and investment companies. It underwrites life and health insurance policies, wealth management products, employee benefit 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, and group solutions brokers and representatives. The company was incorporated in 1968 and is headquartered in Toronto, Canada.

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