QBE Insurance Group Limited (QBE.AX) stock analysis

In our weekly check, QBE Insurance Group Limited is graded A (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 3, red flags: 1.

About QBE Insurance Group Limited

QBE Insurance Group Limited is a Financial Services company (Insurance - Property & Casualty) based in Australia, listed on ASX as QBE.AX.

What our checks show for QBE.AX

Red flags

• The stock has fallen as much as 79% from a peak. Would you have held through that?

Warning signs

• The net margin is only 8.9%: little room if costs rise.
• The stock is still below its previous peak.
• Return on capital (ROCE) is only 5.9%.

Strengths

• The net margin rose by 3.4 points over 5 years, to 8.9%.
• Operating cash flow is 1.96x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 14% a year over the next years.
• Revenue grew 23% a year over the last 3 years.
• Earnings per share grew 59.5% a year over the last 3 years.
• Net profit grew 56.1% a year over the last 3 years.

Similar companies

IFC.TO · FFH.TO · WRB · CINF · PZU.WA · ALL

Questions

What grade does QBE Insurance Group Limited (QBE.AX) have?

In our weekly check, QBE Insurance Group Limited is graded A (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 3, red flags: 1. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of QBE.AX stock?

This week's biggest flags for QBE Insurance Group Limited: Deep past fall, Thin margins, Slow recovery after falls. In total 4 of 25 checks show a warning or a red flag.

What does QBE Insurance Group Limited do?

QBE Insurance Group Limited is a Financial Services company (Insurance - Property & Casualty) based in Australia, listed on ASX as QBE.AX.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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