See more : UCAL Limited (UCAL.BO) Income Statement Analysis – Financial Results
Complete financial analysis of Everest Re Group, Ltd. (RE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Everest Re Group, Ltd., a leading company in the Insurance – Reinsurance industry within the Financial Services sector.
You may be interested
- Jiangsu Huaxicun Co.,Ltd. (000936.SZ) Income Statement Analysis – Financial Results
- ShenZhen YUTO Packaging Technology Co., Ltd. (002831.SZ) Income Statement Analysis – Financial Results
- BLOK Technologies Inc. (BLPFF) Income Statement Analysis – Financial Results
- BW LPG Limited (BWLP) Income Statement Analysis – Financial Results
- Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) Income Statement Analysis – Financial Results
Everest Re Group, Ltd. (RE)
About Everest Re Group, Ltd.
Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through Reinsurance Operations and Insurance Operations segments. The Reinsurance Operations segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines brokers, and general agents in Bermuda, Canada, Europe, South America, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and property and casualty reinsurance and insurance coverages, including marine, aviation, surety, errors and omissions liability, directors' and officers' liability, medical malpractice, mortgage reinsurance, other specialty lines, accident and health, and workers' compensation products. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. Everest Re Group, Ltd. was founded in 1973 and is headquartered in Hamilton, Bermuda.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.59B | 11.99B | 11.30B | 9.49B | 8.23B | 7.38B | 6.61B | 5.79B | 5.84B | 5.79B | 5.64B | 4.92B | 4.69B | 4.71B | 4.50B | 3.53B | 4.78B | 4.52B | 4.56B | 5.01B | 4.11B | 2.56B | 1.80B | 2.96B | 2.63B | 1.32B | 1.30B | 1.17B | 948.90M |
| Cost of Revenue | -1.00M | 0.00 | 0.00 | 0.00 | 0.00 | 470.28M | 705.67M | 484.52M | 296.00M | 603.02M | 892.74M | 758.21M | 592.66M | 771.21M | 604.48M | -166.72M | 784.55M | 664.10M | 592.00M | 583.59M | 368.84M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 14.59B | 11.99B | 11.30B | 9.49B | 8.23B | 6.91B | 5.90B | 5.31B | 5.54B | 5.19B | 4.75B | 4.16B | 4.10B | 3.93B | 3.89B | 3.69B | 4.00B | 3.85B | 3.96B | 4.43B | 3.74B | 2.56B | 1.80B | 2.96B | 2.63B | 1.32B | 1.30B | 1.17B | 948.90M |
| Gross Profit Ratio | 100.01% | 100.00% | 100.00% | 100.00% | 100.00% | 93.63% | 89.32% | 91.64% | 94.93% | 89.59% | 84.17% | 84.60% | 87.37% | 83.61% | 86.56% | 104.73% | 83.59% | 85.30% | 87.00% | 88.35% | 91.02% | 100.00% | 100.00% | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 73.00M | 61.00M | 67.83M | 41.12M | 32.97M | 30.67M | 25.92M | 27.23M | 23.25M | 23.42M | 24.82M | 23.98M | 16.46M | 14.91M | 945.90M | 930.70M | 961.80M | 883.30M | 914.80M | 975.20M | 863.90M | 551.80M | 396.80M | 272.40M | 0.00 | 0.00 | 0.00 | 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 | 950.52M | 931.86M | 928.33M | 930.69M | 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 | 73.00M | 61.00M | 67.83M | 41.12M | 32.97M | 30.67M | 25.92M | 27.23M | 23.25M | 23.42M | 24.82M | 23.98M | 966.98M | 946.77M | 928.33M | 930.69M | 961.80M | 883.30M | 914.80M | 975.20M | 863.90M | 551.80M | 396.80M | 272.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 14.46B | -11.36B | -9.75B | -8.90B | -7.13B | 7.55B | 6.15B | 4.66B | 4.67B | 4.32B | 4.02B | 3.92B | 3.92B | 3.11B | 2.57B | 2.60B | 3.75B | 3.53B | 4.84B | 4.45B | 3.62B | 2.30B | 1.71B | 1.25B | -2.43B | -1.10B | -1.09B | -1.03B | -948.20M |
| Operating Expenses | 12.32B | -11.30B | -9.69B | -8.86B | -7.10B | 7.58B | 6.18B | 4.69B | 4.70B | 4.35B | 4.04B | 3.94B | 4.89B | 4.06B | 3.50B | 3.53B | 3.75B | 3.53B | 4.84B | 4.45B | 3.62B | 2.30B | 1.71B | 1.25B | -2.43B | -1.10B | -1.09B | -1.03B | -948.20M |
| Cost & Expenses | 12.32B | 11.40B | 9.76B | 8.90B | 7.13B | 7.60B | 6.20B | 4.69B | 4.63B | 4.34B | 4.09B | 3.98B | 4.93B | 4.11B | 3.56B | 3.61B | 3.75B | 3.53B | 4.84B | 4.45B | 3.62B | 2.30B | 1.71B | 2.72B | 2.43B | 324.10M | 326.50M | 309.50M | -948.20M |
| Interest Income | 10.00M | 2.00M | 12.32M | 12.75M | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 134.00M | 101.00M | 70.15M | 36.32M | 31.69M | 31.03M | 31.60M | 36.23M | 36.19M | 38.53M | 46.12M | 53.68M | 52.32M | 55.83M | 72.08M | 79.17M | 83.87M | 68.60M | 72.96M | 75.54M | 40.29M | 42.42M | 46.00M | 39.39M | 1.49M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | -2.31B | -790.10M | -1.58B | -608.70M | -1.14B | 213.55M | -465.88M | -1.16B | 50.90M | 49.21M | 66.46M | 61.84M | 47.87M | 46.10M | 32.17M | 15.26M | -8.43M | 21.95M | 27.46M | 24.92M | 10.64M | -7.34M | 152.00K | 112.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -23.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.15B | 0.00 | 1.60B | 993.21M | -181.63M | 647.07M | 1.01B | 10.82M | 1.10B | 1.06B | -207.53M | 635.25M | 542.13M | 297.08M | 136.46M | 271.30M | 198.07M | 212.70M | 207.30M | 143.80M | 700.00K |
| EBITDA Ratio | -0.16% | 5.75% | 14.30% | 6.55% | 13.74% | -2.47% | 7.18% | 20.46% | 20.54% | 25.46% | 29.46% | 21.43% | -2.85% | 14.73% | 23.20% | 0.31% | 23.07% | 23.96% | -3.96% | 13.18% | 13.20% | 11.62% | 7.57% | 9.18% | 7.53% | 16.17% | 15.96% | 12.30% | 0.07% |
| Operating Income | 2.31B | 689.00M | 1.62B | 621.67M | 1.13B | -211.15M | 428.54M | 1.14B | 1.15B | 1.43B | 1.60B | 993.28M | -181.68M | 647.13M | 1.01B | -4.43M | 1.11B | 1.06B | -208.04M | 635.34M | 531.49M | 304.42M | 136.30M | 271.19M | 198.07M | 212.70M | 207.30M | 143.80M | 700.00K |
| Operating Income Ratio | 15.85% | 5.75% | 14.30% | 6.55% | 13.74% | -2.86% | 6.49% | 19.61% | 19.67% | 24.61% | 28.28% | 20.18% | -3.87% | 13.75% | 22.48% | -0.13% | 23.25% | 23.47% | -4.57% | 12.68% | 12.94% | 11.90% | 7.57% | 9.17% | 7.53% | 16.17% | 15.96% | 12.30% | 0.07% |
| Total Other Income/Expenses | -157.50M | -202.10M | -31.08M | -23.35M | -37.15M | -28.63M | -46.47M | -57.43M | 43.82M | -38.53M | -46.12M | -53.68M | -52.27M | -55.83M | -7.01M | -83.61M | 784.56M | -68.61M | -79.96M | -140.53M | -40.28M | -42.37M | -45.96M | -39.44M | -1.49M | 247.20M | 249.40M | 0.00 | 0.00 |
| Income Before Tax | 2.15B | 588.00M | 1.55B | 585.35M | 1.10B | -226.47M | 405.18M | 1.10B | 1.21B | 1.45B | 1.55B | 939.53M | -233.95M | 591.24M | 939.32M | -83.61M | 1.03B | 991.75M | -280.92M | 559.71M | 491.21M | 262.04M | 90.34M | 231.74M | 196.58M | 459.90M | 456.70M | 339.50M | 0.00 |
| Income Before Tax Ratio | 14.77% | 4.91% | 13.68% | 6.17% | 13.35% | -3.07% | 6.13% | 18.98% | 20.70% | 24.97% | 27.57% | 19.09% | -4.98% | 12.56% | 20.88% | -2.37% | 21.50% | 21.95% | -6.17% | 11.17% | 11.96% | 10.25% | 5.01% | 7.84% | 7.47% | 34.97% | 35.15% | 29.03% | 0.00% |
| Income Tax Expense | -363.00M | -9.00M | 166.54M | 71.20M | 89.53M | -330.02M | -63.78M | 103.50M | 134.02M | 187.65M | 289.71M | 110.57M | -153.46M | -19.52M | 132.33M | -64.85M | 188.68M | 150.92M | -62.25M | 64.85M | 65.19M | 30.74M | -8.68M | 45.36M | 38.52M | 47.50M | 52.30M | 31.80M | -700.00K |
| Net Income | 2.52B | 597.00M | 1.38B | 514.00M | 1.01B | 103.55M | 468.97M | 996.34M | 977.87M | 1.20B | 1.26B | 828.95M | -80.49M | 610.75M | 806.99M | -18.76M | 839.28M | 840.83M | -218.67M | 494.86M | 426.03M | 231.30M | 99.02M | 186.38M | 158.06M | 412.40M | 404.40M | 307.70M | 700.00K |
| Net Income Ratio | 17.26% | 4.98% | 12.20% | 5.42% | 12.26% | 1.40% | 7.10% | 17.20% | 16.75% | 20.71% | 22.33% | 16.84% | -1.71% | 12.98% | 17.94% | -0.53% | 17.55% | 18.61% | -4.80% | 9.88% | 10.37% | 9.04% | 5.50% | 6.30% | 6.01% | 31.36% | 31.13% | 26.31% | 0.07% |
| EPS | 60.19 | 15.10 | 34.66 | 12.81 | 24.77 | 2.54 | 11.43 | 23.85 | 22.29 | 26.16 | 25.67 | 15.85 | -1.49 | 10.73 | 13.26 | -0.30 | 13.30 | 12.99 | -3.79 | 8.85 | 7.89 | 4.60 | 2.14 | 4.06 | 3.26 | 8.19 | 8.01 | 6.10 | 0.01 |
| EPS Diluted | 60.24 | 15.10 | 34.62 | 12.78 | 24.70 | 2.53 | 11.36 | 23.68 | 22.10 | 25.91 | 25.44 | 15.79 | -1.49 | 10.70 | 13.22 | -0.30 | 13.19 | 12.87 | -3.79 | 8.71 | 7.74 | 4.52 | 2.10 | 4.02 | 3.25 | 8.14 | 7.97 | 6.07 | 0.01 |
| Weighted Avg Shares Out | 41.34M | 39.00M | 39.26M | 39.66M | 40.29M | 40.77M | 41.03M | 41.78M | 43.87M | 45.84M | 49.06M | 52.30M | 54.02M | 56.92M | 60.86M | 61.67M | 63.12M | 64.72M | 57.65M | 55.92M | 54.02M | 50.33M | 46.17M | 45.87M | 48.51M | 50.37M | 50.48M | 50.45M | 50.80M |
| Weighted Avg Shares Out (Dil) | 41.30M | 39.00M | 39.30M | 39.73M | 40.42M | 40.93M | 41.28M | 42.08M | 44.25M | 46.28M | 49.50M | 52.50M | 54.02M | 57.08M | 61.04M | 61.67M | 63.63M | 65.32M | 57.65M | 56.82M | 55.01M | 51.14M | 47.11M | 46.36M | 48.69M | 50.67M | 50.77M | 50.68M | 50.80M |
Everest Re (RE) Q4 Earnings Beat, Revenues Miss Estimates
Everest Re's (RE) Q4 results reflect higher premiums across its Reinsurance and Insurance businesses and better pricing as well as terms and conditions and deepening relationships with new and existing core clients.
Everest Re (RE) Beats Q4 Earnings Estimates
Everest Re (RE) delivered earnings and revenue surprises of 31.43% and 2.89%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Everest Re Group Reports Fourth Quarter 2022 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest” or the “Group”) today reported its fourth quarter 2022 results. Fourth Quarter 2022 Highlights Net Operating Income of $478 million, and Net Income of $496 million driven by continued underwriting margin improvement. YTD...
Is a Surprise Coming for Everest Re (RE) This Earnings Season?
Everest Re (RE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Top 2 stocks to buy and 2 to avoid: research company
Mill Street Research, an independent consulting and research company, released its weekly newsletter on Monday. The report includes buy ideas and sell ideas for the Russell 1000.
Will Everest Re (RE) Pull Off a Surprise in Q4 Earnings?
Everest Re's (RE) Q4 results are likely to benefit from growth across most lines of business driven by positive rate and exposure increases, new business and strong renewal retention, offset by higher cat loss.
5 Property & Casualty Insurers to Gain Despite Catastrophe Loss
Frequent catastrophes accelerating policy renewal rate and the resultant upward pricing pressure are likely to boost the performance of Zacks Property and Casualty Insurance industry players like BRK.B, CB, PGR, TRV and RE.
RE vs. TKOMY: Which Stock Is the Better Value Option?
RE vs. TKOMY: Which Stock Is the Better Value Option?
Is it Time to Add Everest Re (RE) Stock to Your Portfolio?
Segmental strength, a solid capital position and favorable growth estimates poise Everest Re (RE) well for growth.
Everest Re (RE) is a Great Momentum Stock: Should You Buy?
Does Everest Re (RE) have what it takes to be a top stock pick for momentum investors? Let's find out.
Source: https://incomestatements.info
Category: Stock Reports