Tokio Marine Valuation Multiples

Tokio Marine Overview

About Tokio Marine

Dating back to 1879, Tokio Marine is Japan’s oldest insurance company and was its top property and casualty insurer in terms of market share for many decades. After mergers of its smaller rivals in the past few years, the company is now roughly the same size in the domestic nonlife market as MS&AD and Sompo, but it remains the most valuable listed Japanese insurer in terms of market capitalization due to its larger overseas business portfolio. The majority of its overseas business is in the US, where it has purchased four specialty insurers since 2008: Philadelphia Consolidated, Delphi Financial, HCC, and PURE.

Founded

2002

HQ

Employees

51.4K

Website

tokiomarinehd.com

Sectors

Insurance Carriers

Financials (LTM)

Revenue: $53B

EBITDA: $9B

EV

$71B

Valuation Multiples

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Tokio Marine Financials

Tokio Marine reported last 12-month revenue of $53B and EBITDA of $9B.

In the same LTM period, Tokio Marine generated $9B in EBITDA and $6B in net income.

Tokio Marine P&L

In the most recent fiscal year, Tokio Marine reported revenue of $59B and EBITDA of $10B.

Tokio Marine expects next 12-month revenue of XXX and NTM EBITDA of XXX

Tokio Marine Stock Performance

Tokio Marine has current market cap of $76B, and enterprise value of $71B.

Tokio Marine's stock price is $40.38.

Tokio Marine Valuation Multiples

Tokio Marine trades at 1.3x EV/Revenue multiple, and 8.3x EV/EBITDA.

Tokio Marine Financial Valuation Multiples

As of March 7, 2026, Tokio Marine has market cap of $76B and EV of $71B.

Equity research analysts estimate Tokio Marine's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Tokio Marine has a P/E ratio of 11.9x.

Tokio Marine Margins & Growth Rates

Tokio Marine's revenue in the last 12 month grew by 1%.

Tokio Marine's revenue per employee in the last FY averaged $1.0M.

Tokio Marine's rule of 40 is 17% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Tokio Marine's rule of X is 18% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Tokio Marine Public Comps

See public comps and valuation multiples for other Insurance Carriers comps.

Tokio Marine M&A Activity

Tokio Marine acquired XXX companies to date.

Last acquisition by Tokio Marine was on XXXXXXXX, XXXXX. Tokio Marine acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Tokio Marine Investment Activity

Tokio Marine invested in XXX companies to date.

Tokio Marine made its latest investment on XXXXXXXX, XXXXX. Tokio Marine invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).