HVRRY
Hannover Rück SE
OTC Markets OTCPKUSDEQUITY
Financial Services
DELAYED
Last price
48.82
▲ 0.29 (0.60%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
48.83
Prev close
48.53
Day high
48.83
Day low
48.83
Volume
13
Market cap
$35.32B
P/E (TTM)
11.07
52W range
43.00 – 55.72
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
0
Total on file
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
-0.18%
+1.2%
1M
+3.10%
-0.6%
3M
+3.32%
+0.2%
6M
-1.49%
-12.6%
YTD
-6.24%
-18.5%
1Y
-1.67%
-21.7%
3Y
+36.10%
-38.1%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$35.32B
Enterprise value$33.22B
Revenue (TTM)$22.67B
Gross profit$4.13B
EBITDA$3.44B
Net income$2.73B
EPS (TTM)$4.41
Free cash flow$6.81B
Total cash$7.22B
Total debt$4.14B
Book value / share$21.23
Shares outstanding723.57M
Float359.62M
Short % of float—
Dividend yield5.02%
Beta (5Y)0.12
Valuation & profitability ratios
Trailing P/E11.07
Forward P/E7.26
PEG ratio4.64
Price / sales—
Price / book2.30
EV / revenue1.47
EV / EBITDA9.65
Gross margin18.20%
Operating margin14.15%
Profit margin12.06%
Return on equity22.16%
Return on assets2.92%
Debt / equity28.97
Current ratio0.20
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $24.02B | $23.91B | $21.98B | $22.21B | — | +0.4% |
| Operating revenue | $24.02B | $23.91B | $21.98B | $22.21B | — | +0.4% |
| Selling, general & admin | — | — | — | $575.76M | $510.71M | — |
| Net interest income | -$92.20M | -$109.10M | -$119.00M | -$20.30M | — | +15.5% |
| Pre-tax income | $3.41B | $3.21B | $1.85B | $1.42B | — | +6.2% |
| Tax provision | $645.30M | $816.50M | $26.40M | $525.90M | — | -21.0% |
| Net income | $2.64B | $2.33B | $1.82B | $780.80M | — | +13.4% |
| Net income to common | $2.64B | $2.33B | $1.82B | $780.80M | — | +13.4% |
| Basic EPS | 3.65 | 3.22 | 2.52 | 1.08 | — | +13.4% |
| Diluted EPS | 3.65 | 3.22 | 2.52 | 1.08 | — | +13.4% |
| EBIT | $3.55B | $3.37B | $2.01B | $1.53B | — | +5.4% |
| Basic shares | 723.57M | 723.57M | 723.57M | 723.57M | — | -0.0% |
| Diluted shares | 723.57M | 723.57M | 723.57M | 723.57M | — | -0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.05B | $1.25B | $1.05B | $1.32B | -16.1% |
| Cash & short-term investments | $58.74B | $57.94B | $52.63B | $48.81B | +1.4% |
| Accounts receivable | $1.11B | $1.50B | $1.53B | $2.59B | -26.3% |
| Property, plant & equipment | $131.50M | $150.40M | $147.70M | $162.00M | -12.6% |
| Goodwill & intangibles | $196.30M | $211.70M | $212.70M | $211.00M | -7.3% |
| Total assets | $71.33B | $72.13B | $65.67B | $62.96B | -1.1% |
| Long-term debt | $4.05B | $4.56B | $4.77B | $5.40B | -11.2% |
| Total debt | $4.14B | $4.67B | $4.88B | $5.51B | -11.3% |
| Total liabilities | $57.40B | $59.44B | $54.65B | $53.00B | -3.4% |
| Retained earnings | $12.70B | $10.60B | $9.12B | $8.02B | +19.9% |
| Shareholder equity | $12.93B | $11.79B | $10.13B | $9.06B | +9.6% |
| Net tangible assets | $12.73B | $11.58B | $9.91B | $8.85B | +9.9% |
| Shares issued | 120.60M | 120.60M | 120.60M | 120.60M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $2.77B | $2.40B | $1.83B | $898.30M | — | +15.5% |
| Depreciation & amortisation | — | — | — | -$83.89M | $104.76M | — |
| Change in working capital | $2.55B | $3.73B | $5.47B | -$1.02B | — | -31.6% |
| Operating cash flow | $5.69B | $5.68B | $5.79B | $4.95B | — | +0.1% |
| Investing cash flow | -$4.03B | -$4.41B | -$4.51B | -$5.08B | — | +8.7% |
| Share buybacks | $0 | -$1.70M | $0 | -$100.00K | — | +100.0% |
| Dividends paid | -$1.12B | -$913.10M | -$768.60M | -$723.40M | — | -22.8% |
| Financing cash flow | -$1.75B | -$1.10B | -$1.50B | $44.30M | — | -58.0% |
| Free cash flow | $5.69B | $5.68B | $5.79B | $4.95B | — | +0.1% |
| End cash position | $1.05B | $1.25B | $1.05B | $1.32B | — | -16.1% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $6.72B | $7.12B | $5.80B | $4.88B | $6.22B | -5.6% |
| Operating revenue | $6.72B | $7.12B | $5.80B | $4.88B | $6.22B | -5.6% |
| Net interest income | -$21.40M | -$18.80M | -$21.70M | -$26.00M | -$25.70M | -13.8% |
| Pre-tax income | $949.70M | $986.00M | $716.60M | $1.04B | $670.80M | -3.7% |
| Tax provision | $204.40M | $234.50M | $36.80M | $195.60M | $178.40M | -12.8% |
| Net income | $710.60M | $676.70M | $650.80M | $833.50M | $480.50M | +5.0% |
| Net income to common | $710.60M | $676.70M | $650.80M | $833.50M | $480.50M | +5.0% |
| Basic EPS | 0.98 | — | 0.90 | 1.15 | 0.66 | — |
| Diluted EPS | 0.98 | — | 0.90 | 1.15 | 0.66 | — |
| EBIT | $971.10M | $1.05B | $738.30M | $1.07B | $696.50M | -7.2% |
| Basic shares | 723.86M | — | 723.10M | 723.72M | 724.36M | — |
| Diluted shares | 723.86M | — | 723.10M | 723.72M | 724.36M | — |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.14B | $1.05B | $1.26B | $1.12B | $1.13B | — | +8.5% |
| Cash & short-term investments | $59.92B | $58.74B | $56.51B | $55.19B | $57.40B | — | +2.0% |
| Accounts receivable | $1.20B | $1.11B | $1.66B | $1.78B | $1.94B | — | +8.5% |
| Property, plant & equipment | — | $131.50M | — | — | — | $150.40M | — |
| Goodwill & intangibles | $78.10M | $196.30M | $77.70M | $78.60M | $79.60M | — | -60.2% |
| Long-term debt | — | $4.05B | — | — | — | $4.56B | — |
| Total debt | — | $4.14B | — | — | — | $4.67B | — |
| Total liabilities | $58.56B | $57.40B | $57.45B | $57.40B | $59.62B | — | +2.0% |
| Retained earnings | $13.42B | $12.70B | $12.03B | $10.84B | $11.09B | — | +5.7% |
| Shareholder equity | $13.87B | $12.93B | $12.00B | $11.10B | $12.08B | — | +7.3% |
| Net tangible assets | $13.79B | $12.73B | $11.92B | $11.02B | $12.00B | — | +8.3% |
| Shares issued | 120.60M | 120.60M | 120.60M | 120.60M | 120.60M | — | 0.0% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $745.30M | $751.60M | $679.80M | $843.70M | $492.40M | -0.8% |
| Change in working capital | $167.00M | $329.60M | $1.11B | $316.60M | $797.70M | -49.3% |
| Operating cash flow | $1.26B | $1.78B | $1.69B | $1.16B | $1.07B | -29.2% |
| Investing cash flow | -$1.13B | -$1.88B | -$1.59B | $547.20M | -$1.10B | +39.7% |
| Financing cash flow | -$56.00M | -$80.30M | $34.30M | -$1.64B | -$60.70M | +30.3% |
| Free cash flow | $1.26B | $1.78B | $1.69B | $1.16B | $1.07B | -29.2% |
| End cash position | $1.14B | $1.05B | $1.26B | $1.12B | $1.13B | +8.5% |
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $6.46B | +1.4% |
| Next quarter | — | — | $7.17B | +1.3% |
| Current year | — | — | $26.84B | +0.2% |
| Next year | — | — | $27.94B | +4.1% |
Analyst targets & ownership
Mean target$45.72
High target$45.72
Low target$45.72
Implied upside-6.35%
Analyst count1
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders0.00%
Held by institutions0.01%
Institutions holding6
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
48.61
+0.42% from price
SMA 20
48.50
+0.66% from price
SMA 50
47.22
+3.38% from price
SMA 100
48.26
+1.15% from price
SMA 200
48.82
+0.01% from price
EMA 12
48.63
+0.40% from price
EMA 26
48.24
+1.20% from price
EMA 50
47.87
+1.99% from price
RSI (14)
56.2
Neutral
MACD (12,26,9)
0.39
Hist -0.02
ATR (14)
0.55
1.14% of price
Realised vol 30D
14.8%
Annualised
Bollinger upper
49.47
20, 2σ
Bollinger lower
47.52
20, 2σ
50 / 200 cross
Death
47.22 vs 48.82
Trend bias
Above 200
+0.01%
Risk profile
Beta vs SPY
0.11
Less volatile than market
Correlation to SPY
0.07
Largely independent
Realised vol 30D
14.8%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-21.6%
Peak to trough
Max drawdown 5Y
-34.4%
Peak to trough
ATR 14
0.55
1.14% of price
Beta (reported)
0.12
5Y monthly, from filing
Dividends & splits
Forward rate$2.45 / yr
Forward yield5.02%
5-year avg yield2.84%
Payout ratio55.61%
Ex-dividend dateMay 8, 2026
Next pay dateMay 21, 2026
Last split3:1
Split dateMar 5, 2024
Headlines
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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