See more : NavSight Holdings, Inc. (NSH) 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.
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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 |
What Makes Everest Re (RE) a New Buy Stock
Everest Re (RE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Recent Price Trend in Everest Re (RE) is Your Friend, Here's Why
Everest Re (RE) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Everest Re Group to Hold Fourth Quarter 2022 Earnings Conference Call on Thursday, February 9, 2023
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE) will hold its fourth quarter 2022 earnings conference call on Thursday, February 9, 2023, beginning at 8:00 am Eastern Time. Dial in details can be obtained by completing the registration form...
Everest Re Group to Hold Fourth Quarter 2022 Earnings Conference Call on Thursday, February 9, 2023
HAMILTON, Bermuda--( BUSINESS WIRE )--Everest Re Group, Ltd. (“Everest”) (NYSE: RE) will hold its fourth quarter 2022 earnings conference call on Thursday, February 9, 2023, beginning at 8:00 am Eastern Time.
Everest Names Srini Maddineni Group Chief Information Officer
HAMILTON, Bermuda--( BUSINESS WIRE )--Everest Re Group, Ltd. (NYSE: RE) (“Everest”), global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced that effective January 16, 2023, Srini Maddineni, Everest's SVP and Global CIO for Insurance...
Everest Mourns the Passing of Board Director John Arthur Weber
HAMILTON, Bermuda--( BUSINESS WIRE )--Everest Re Group, Ltd. (“Everest”) (NYSE: RE) today announced with great sorrow the December 25 passing of Everest Board Director John Arthur Weber.
Everest Re (RE) Rallies 22% YTD: Can It Retain the Momentum?
New business growth, strong renewal retention, continued favorable rate increases and a solid capital position continue to drive Everest Re (RE).
11 Big Companies' Profit Will Boom In 2023, Analysts Say
Worried about S&P 500 companies' profit dying up next year? Don't be. You just need to know where the money's going.
RE or MKL: Which P&C Insurance Stock is Better Placed?
Let's see how Everest Re (RE) and Markel (MKL) fare in terms of some of the key metrics.
CNA or RE: Which Property & Casualty Insurer Has an Edge?
Let's see how Everest Re (RE) and CNA Financial Corporation (CNA) fare in terms of some of the key metrics.
Source: https://incomestatements.info
Category: Stock Reports