← GREENLIGHT CAPITAL RE, LTD.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $588.4m |
$645.7m
+9.74%
|
$183.0m
-71.65%
|
$538.2m
+194.03%
|
$484.1m
-10.05%
|
$588.6m
+21.58%
|
$526.7m
-10.51%
|
$667.1m
+26.66%
|
$696.0m
+4.34%
|
$729.8m
+4.85%
|
$645.0m
-11.62%
|
|
| Interest Income (Expense), Net | — | — | — | — | — | ($11.7m) |
($6.7m)
+42.37%
|
— | — | — | $21.8m | |
| General and Administrative Expense | $25.8m | $26.4m | $25.2m | $29.8m | $26.4m | $29.4m | $31.6m | $43.2m | — | — | $23.2m | |
| Operating Lease, Expense | — | — | — | — | — | $400k | $600k | $600k | $700k | $600k | — | |
| Other Operating Income (Expense), Net | ($935k) | ($560k) | ($2.2m) | $2.3m | $3.1m | ($880k) | ($11.8m) | $6.3m | $2.1m | $0 | — | |
| Interest Expense | $0 | $0 | $2.5m | $6.3m | $6.3m | $6.3m | $4.2m | $5.3m | $5.8m | $4.4m | $2.2m | |
| Interest Income, Other | — | $200k | $1.2m | — | — | — | — | — | — | — | $21.8m | |
| Net Investment Income | $76.2m | $20.2m | ($262.5m) | $6.2m | $21.1m | $32.1m | $14.1m | $37.4m | $46.0m | $24.5m | ($13.1m) | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | — | — | — | — | — | — | ($10.8m) | — | |
| Debt Securities, Trading, Gain (Loss) | — | — | — | — | — | — | — | — | — | $49k | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | — | — | ($986k) | ($917k) | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($3.1m) | ($5.3m) | ($186k) | ($270k) | ($83k) | ($45k) | ($6.2m) | $11.6m | ($5.6m) | $8.5m | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | — | — | — | ($6.2m) | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | $1.7m | ($918k) | ($11.7m) | — | |
| Income (Loss) from Equity Method Investments | — | — | ($247k) | $700k | $843k | $0 | $0 | $28.7m | $33.6m | $35.7m | — | |
| Other Expenses | — | — | — | — | — | — | — | — | $16.4m | $21.6m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $57.6m | $53.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | — | — | — | $78.3m | $53.2m | |
| Current Income Tax Expense (Benefit) | $492k | ($465k) | ($1.8m) | $43k | $48k | $4.0m | $671k | $100k | $749k | $3.5m | $2.1m | |
| Income Tax Expense (Benefit) | $509k | ($451k) | $332k | $483k | $424k | $3.7m | ($816k) | $100k | $749k | $3.5m | $2.1m | |
| Net Income (Loss) Attributable to Parent | $44.9m |
($45.0m)
-200.16%
|
($350.1m)
-678.73%
|
($4.0m)
+98.86%
|
$3.9m
+196.99%
|
$17.6m
+354.68%
|
$25.3m
+44.17%
|
$86.8m
+242.63%
|
$42.8m
-50.69%
|
$74.8m
+74.78%
|
$51.0m
-31.81%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $578k | ($4.3m) | $0 | — | — | — | — | — | — | $51.0m | |
| Earnings Per Share, Basic | $1.20 | ($1.21) | ($9.74) | ($0.11) | $0.11 | $0.51 | $0.75 | $2.55 | $1.26 | $2.21 | $1.51 | |
| Earnings Per Share, Diluted | $1.20 | ($1.21) | ($9.74) | ($0.11) | $0.11 | $0.51 | $0.73 | $2.50 | $1.24 | $2.17 | $1.48 | |
| Weighted Average Number of Shares Outstanding, Basic | 37.3m | 37.0m | 36.0m | 36.1m | 36.2m | 34.2m | 33.9m | 34.1m | 34.1m | 33.8m | 33.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 37.3m | 37.0m | 36.0m | 36.1m | 36.3m | 34.4m | 39.8m | 34.8m | 34.7m | 34.5m | 34.2m | |
| Additional Financial Items | ||||||||||||
| Deferred Policy Acquisition Costs, Amortization Expense | $134.5m | $161.7m | $145.5m | $117.1m | $109.3m | $145.0m | $143.1m | $168.9m | $176.8m | $184.9m | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $380.8m | $502.4m | $363.9m | $388.5m | $337.8m | $375.0m | $316.5m | $360.0m | $427.3m | $411.6m | — | |
| Management Fee Expense | — | — | — | — | — | $5.5m | $9.7m | $8.0m | $9.8m | — | — | |
| Policyholder Benefits and Claims Incurred, Net | $380.8m | $502.4m | $363.9m | $388.5m | $337.8m | $375.0m | $316.5m | $360.0m | $427.3m | $411.6m | — | |
| Benefits, Losses and Expenses | $541.2m | $690.5m | $537.0m | $541.7m | $479.8m | $567.2m | $502.2m | $580.2m | $652.5m | $651.5m | — | |
| Premiums Earned, Net | $513.1m | $626.0m | $508.4m | $483.6m | $455.4m | $539.3m | $469.5m | $583.1m | $620.0m | $661.1m | — |