RENAISSANCERE HOLDINGS LTD
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.85B | $11.70B | $9.13B | $5.06B | $5.28B | $5.17B | $4.20B | $2.07B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $82.0M | $134.8M | $127.6M | $46.8M | $41.2M | $97.0M | $94.1M | $34.0M |
| Operating Income | $4.01B | $2.99B | $3.18B | $-1.17B | $-66.6M | $1.05B | $1.03B | $309.7M |
| Operating Margin | 31.2% | 25.6% | 34.8% | -23.1% | -1.3% | 20.2% | 24.4% | 14.9% |
| Interest Expense | — | — | $73.2M | $48.3M | $47.5M | $50.5M | $58.4M | $47.1M |
| Pretax Income | $4.01B | $2.99B | $3.11B | $-1.22B | $-114.1M | $995.9M | $967.5M | $262.6M |
| Income Tax Expense | $396.3M | $32.6M | $-510.1M | $-59.0M | $-10.7M | $2.9M | $17.2M | $-6.3M |
| Net Income | $2.68B | $1.87B | $2.56B | $-1.06B | $-40.2M | $762.4M | $748.8M | $227.4M |
| Net Margin | 20.9% | 16.0% | 28.0% | -21.0% | -0.8% | 14.7% | 17.8% | 11.0% |
| EPS (Basic) | $56.23 | $35.31 | $52.40 | $-25.50 | $-1.57 | $15.34 | $16.32 | $4.91 |
| EPS (Diluted) | $56.03 | $35.21 | $52.27 | $-25.50 | $-1.57 | $15.31 | $16.29 | $4.91 |
| Shares Outstanding (Basic) | 46.3M | 51.2M | 47.5M | 43.0M | 47.2M | 47.1M | 43.1M | 39.7M |
| Shares Outstanding (Diluted) | 46.5M | 51.3M | 47.6M | 43.0M | 47.2M | 47.2M | 43.2M | 39.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |