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Complete financial analysis of Greenlight Capital Re, Ltd. (GLRE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Greenlight Capital Re, Ltd., a leading company in the Insurance – Reinsurance industry within the Financial Services sector.
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Greenlight Capital Re, Ltd. (GLRE)
About Greenlight Capital Re, Ltd.
Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, energy, aviation, crop, cyber, political, and terrorism products. The company markets its products through reinsurance brokers. Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 624.28M | 414.63M | 571.34M | 479.66M | 492.10M | 243.60M | 645.68M | 588.37M | 123.05M | 477.23M | 765.09M | 545.40M | 403.15M | 390.63M | 419.08M | -11.18M | 125.69M | 86.15M | 29.26M | 10.15M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -22.44M | 625.81M | 563.82M | 103.80M | 428.10M | 338.49M | 0.00 | 0.00 | 334.22M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 624.28M | 414.63M | 571.34M | 479.66M | 492.10M | 266.04M | 19.86M | 24.54M | 19.25M | 49.13M | 426.60M | 545.40M | 403.15M | 56.41M | 419.08M | -11.18M | 125.69M | 86.15M | 29.26M | 10.15M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 109.21% | 3.08% | 4.17% | 15.64% | 10.30% | 55.76% | 100.00% | 100.00% | 14.44% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 23.65M | 17.79M | 16.49M | 26.40M | 29.82M | 12.06M | 26.36M | 9.23M | 23.43M | 21.93M | 21.72M | 17.54M | 0.00 | 16.19M | 18.99M | 13.76M | 11.92M | 9.06M | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 23.65M | 17.79M | 16.49M | 26.40M | 29.82M | 12.06M | 26.36M | 9.23M | 23.43M | 21.93M | 21.72M | 17.54M | 13.89M | 16.19M | 18.99M | 13.76M | 11.92M | 9.06M | 0.00 | 0.00 |
| Other Expenses | 0.00 | 4.20B | -565.63M | -504.92M | -527.73M | 522.46M | 679.28M | 531.93M | 433.30M | 345.23M | 0.00 | 0.00 | 0.00 | -12.10M | -226.27M | -27.51M | -8.98M | -38.21M | -2.99M | -3.38M |
| Operating Expenses | 38.94M | 11.09B | -549.14M | -478.52M | -497.91M | 534.52M | 690.50M | 541.16M | 456.74M | 367.15M | 21.72M | 17.54M | 13.89M | 4.09M | -207.27M | -13.76M | 2.93M | -29.15M | -2.99M | -3.38M |
| Cost & Expenses | 38.94M | 459.09M | 550.02M | 475.37M | 495.60M | 597.60M | 690.50M | 541.16M | 456.74M | 364.58M | 532.08M | 526.86M | 394.33M | 299.59M | 209.58M | 110.89M | 90.36M | 29.15M | -2.99M | -3.38M |
| Interest Income | 0.00 | 4.47M | 0.00 | 3.54M | 11.26M | 0.00 | 1.57M | 1.58M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 8.03M | 10.92M | 17.92M | 6.28M | 6.26M | 2.51M | 0.00 | 0.00 | 18.48M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 0.00 | 79.00K | 16.00K | 21.00K | 21.00K | 260.00K | 368.00K | 390.00K | 405.00K | 436.00K | 325.00K | 250.00K | 232.00K | 225.00K | 117.00K | 40.00K | 40.00K | 20.00K | 2.00K | 0.00 |
| EBITDA | 0.00 | 0.00 | 39.26M | 5.32M | -41.65M | -350.99M | -44.46M | 47.60M | -333.28M | 113.09M | 233.33M | 18.79M | 9.05M | 225.00K | 211.93M | -24.89M | 35.37M | 57.02M | 26.27M | 6.78M |
| EBITDA Ratio | 0.00% | 17.69% | 4.29% | 0.72% | -0.70% | -142.43% | -6.97% | 7.78% | -251.36% | 22.92% | 29.61% | 2.74% | 1.80% | 0.06% | 50.56% | 1,081.36% | 0.03% | 66.19% | 89.78% | 66.74% |
| Operating Income | 616.31M | 73.25M | 22.20M | 1.14M | -5.81M | -369.66M | -38.75M | 47.21M | -333.69M | 112.65M | 233.01M | 18.54M | 8.81M | 94.78M | 211.81M | -24.93M | 35.33M | 57.00M | 26.27M | 6.78M |
| Operating Income Ratio | 98.72% | 17.67% | 3.89% | 0.24% | -1.18% | -151.75% | -6.00% | 8.02% | -271.18% | 23.61% | 30.45% | 3.40% | 2.19% | 24.26% | 50.54% | 223.07% | 28.11% | 66.16% | 89.77% | 66.74% |
| Total Other Income/Expenses | -529.38M | -476.20M | -17.96M | 9.56M | 43.25M | -19.80M | -44.83M | -534.70M | -34.79M | -366.75M | -30.11M | -34.86M | -232.00K | 0.00 | -2.31M | -97.13M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 86.93M | 24.53M | 21.32M | 4.29M | -3.50M | -354.00M | -44.83M | 47.21M | -333.69M | 112.65M | 233.01M | 18.54M | 8.81M | 91.04M | 209.50M | 0.00 | 0.00 | 0.00 | 54.20M | 0.00 |
| Income Before Tax Ratio | 13.92% | 5.92% | 3.73% | 0.89% | -0.71% | -145.32% | -6.94% | 8.02% | -271.18% | 23.61% | 30.45% | 3.40% | 2.19% | 23.31% | 49.99% | 0.00% | 0.00% | 0.00% | 185.25% | 0.00% |
| Income Tax Expense | 100.00K | -816.00K | 3.75M | 424.00K | 483.00K | 332.00K | -451.00K | 509.00K | -1.76M | -624.00K | 538.00K | 86.00K | 247.00K | 396.00K | -49.00K | 0.00 | -35.33M | 0.00 | 27.93M | -6.78M |
| Net Income | 86.83M | 25.34M | 17.58M | 3.87M | -3.99M | -350.05M | -44.95M | 44.88M | -326.43M | 109.59M | 225.70M | 14.60M | 6.77M | 90.64M | 211.81M | -120.90M | 35.33M | 57.00M | 26.27M | 6.78M |
| Net Income Ratio | 13.91% | 6.11% | 3.08% | 0.81% | -0.81% | -143.70% | -6.96% | 7.63% | -265.28% | 22.96% | 29.50% | 2.68% | 1.68% | 23.20% | 50.54% | 1,081.72% | 28.11% | 66.16% | 89.77% | 66.74% |
| EPS | 2.55 | 0.75 | 0.51 | 0.11 | -0.11 | -9.74 | -1.21 | 1.20 | -8.90 | 2.94 | 6.13 | 0.40 | 0.19 | 2.49 | 5.78 | -3.36 | 1.17 | 2.67 | 1.24 | 0.32 |
| EPS Diluted | 2.50 | 0.64 | 0.51 | 0.11 | -0.11 | -9.74 | -1.21 | 1.20 | -8.90 | 2.89 | 6.01 | 0.39 | 0.18 | 2.44 | 5.71 | -3.36 | 1.15 | 2.66 | 1.24 | 0.32 |
| Weighted Avg Shares Out | 34.07M | 33.91M | 34.20M | 36.17M | 36.08M | 35.94M | 37.00M | 37.27M | 36.67M | 37.24M | 36.84M | 36.70M | 36.55M | 36.42M | 36.23M | 35.97M | 30.31M | 21.37M | 21.18M | 21.23M |
| Weighted Avg Shares Out (Dil) | 34.80M | 39.77M | 34.35M | 36.28M | 36.08M | 35.95M | 37.00M | 37.34M | 36.67M | 37.87M | 37.59M | 37.36M | 37.29M | 37.22M | 36.72M | 35.97M | 30.81M | 21.46M | 21.18M | 21.23M |
Greenlight Capital Re, Ltd. Schedules First Quarter 2024 Financial Results and Conference Call
GRAND CAYMAN, Cayman Islands, May 02, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the...
Greenlight Capital Re, Ltd. (GLRE) Q4 2023 Earnings Call Transcript
Greenlight Capital Re, Ltd. (NASDAQ:GLRE ) Q4 2023 Earnings Conference Call March 6, 2024 9:00 AM ET Company Participants David Sigmon - General Counsel Greg Richardson - Chief Executive Officer David Einhorn - Chairman of the Board Faramarz Romer -...
Greenlight Re Announces Fourth Quarter and Year-end 2023 Financial Results
Achieves Record Underwriting Income of $32.0 million for Full Year 2023 Achieves Record Underwriting Income of $32.0 million for Full Year 2023
Greenlight Capital Re, Ltd. Schedules Fourth Quarter and Year-End 2023 Financial Results and Conference Call
GRAND CAYMAN, Cayman Islands, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the...
AM Best Comments on Credit Ratings of Greenlight Capital Re, Ltd. and Subsidiaries Following Announced Departure of CEO Simon Burton
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of Greenlight Capital Re, Ltd. (Cayman Islands) (GLRE) [NASDAQ: GLRE] and its subsidiaries remain unchanged following the announced departure of CEO Simon Burton, effective Dec. 31, 2023. Effective...
Greenlight Re Announces Third Quarter 2023 Financial Results
Gross premiums written increased 18.0% Net income of $13.5 million ( $0.39 per diluted ordinary share ) Fully diluted book value per share increased 2.3% to $16.58
Greenlight Capital Re, Ltd. Announces New Chief Executive Officer
Simon Burton to Depart; Greg Richardson to be Appointed Chief Executive Officer, Effective January 1, 2024 Simon Burton to Depart; Greg Richardson to be Appointed Chief Executive Officer, Effective January 1, 2024
Greenlight Capital Re, Ltd. Schedules Third Quarter 2023 Financial Results And Conference Call
GRAND CAYMAN, Cayman Islands, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the...
Greenlight Capital Re, Ltd. (GLRE) Q2 2023 Earnings Call Transcript
Greenlight Capital Re, Ltd. (NASDAQ:GLRE ) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants David Sigmon - General Counsel Simon Burton - Chief Executive Officer David Einhorn - Chairman of the Board Faramarz Romer -...
Greenlight Re Announces Second Quarter 2023 Financial Results
Gross premiums written increased 15.0% Net income of $49.9 million ($1.32 per diluted ordinary share ) Fully diluted book value per share increased 9.9% to $16.21
Source: https://incomestatements.info
Category: Stock Reports