What is Freedom Holding's vehicle owners — 4?

Freedom Holding (FRHC) reported vehicle owners — 4 of 1% in Q1 2026.

What does vehicle owners — 4 mean?

This metric represents the combined ratio for the vehicle insurance segment, which includes both the loss ratio and the expense ratio. It provides a comprehensive view of the total profitability of the insurance operations, including administrative and acquisition costs. A ratio below 100% indicates that the insurance segment is generating an underwriting profit.

Freedom Holding FRHC Vehicle Owners — 4

Other product segments

Life Insurance

204.9%+208%

Property Damage

22%-22.3%

Civil Liability

4%-81.2%

Motor Vehicle

3%-28.6%

Accident Insurance

2.3%—

Compulsory employer liability insurance

1.5%-70.6%

Similar metrics at other companies

AXSInsurance — Combined Ratio

86.3%-0.4pp

ACGLInsurance — Combined Ratio Percentage

96.5%-3.6pp

CBBenefits, Losses and Expenses

$11.78B+0.8%

RNRBenefits, Losses and Expenses

$1.65B-53.5%

AXSInsurance — Loss Ratio

56.1%+0.5pp

ACGLInsurance — Loss ratio

60.2%-5.8pp

Other financials

Income statement

See full

Revenue$503.1M+68.6%

Gross profit$477.9M+67.1%

Net income$8.0M—

EPS (diluted)$0.13—

Balance sheet

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Cash & equivalents$966.1M-41.3%

Total debt$48.8M+20.5%

Total equity$1.5B+21.6%

Total assets$13.2B+32.7%

Cash flow

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Operating cash flow$717.8M—

CapEx$23.0M-15.8%

Free cash flow-$1.6B-220%

Valuation

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Market cap$8.81B+10.6%

Enterprise value$7.89B+24.0%

P/E57.4×—

P/S4×0.0×

Profitability

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Gross margin96.4%-2.1pp

Operating margin-28%—

Net margin7%—

FCF margin-0.6%—

Returns & leverage

See full

Return on equity11.3%—

Debt / equity0×0.0×

Current ratio1×—

Where this comes from

Reported directly by Freedom Holding in its filing.

Tagged under the XBRL concept us-gaap:ShortdurationInsuranceContractsHistoricalClaimsDurationYearFour.

The official record: Freedom Holding’s 10-K, filed June 1, 2026, on SEC EDGAR. View the filing →

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What is Freedom Holding's vehicle owners — 4?: Freedom Holding (FRHC) reported vehicle owners — 4 of 1% in Q1 2026.
What does vehicle owners — 4 mean?: This metric represents the combined ratio for the vehicle insurance segment, which includes both the loss ratio and the expense ratio. It provides a comprehensive view of the total profitability of the insurance operations, including administrative and acquisition costs. A ratio below 100% indicates that the insurance segment is generating an underwriting profit.