JRVR Financial Statements

Balance sheet, income statement, cash flow, and dividends for James River Group Holdings Ltd (JRVR).


$184.23M Market Cap.

As of 03/04/2025 5:00 PM ET (MRY) • Disclaimer

JRVR Market Cap. (MRY)


JRVR Shares Outstanding (MRY)


JRVR Assets (MRY)


Total Assets

$5.01B

Total Liabilities

$4.41B

Total Investments

$1.55B

JRVR Income (MRY)


Revenue

$707.63M

Net Income

-$81.12M

Operating Expense

$199.71M

JRVR Cash Flow (MRY)


CF Operations

-$247.09M

CF Investing

$200.18M

CF Financing

-$28.85M

JRVR Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0.16

3.30%

-20.00%

-5.23%

-19.13

2023

$0.20

2.20%

0.00%

-6.37%

-15.70

2022

$0.20

1.00%

-83.33%

33.90%

2.95

2021

$1.20

4.20%

0.00%

-24.29%

-4.12

2020

$1.20

2.40%

-

750.00%

0.13

JRVR Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$5,007,076,000 (-5.83%)

$5,317,250,000 (3.51%)

$5,137,075,000 (3.81%)

$4,948,550,000 (-2.26%)

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$214,281,000 (-0.17%)

$214,644,000 (-1.32%)

$217,507,000 (-0.17%)

$217,870,000 (-0.17%)

Shareholders Equity

$460,915,000 (-13.79%)

$534,621,000 (-3.46%)

$553,766,000 (-23.66%)

$725,362,000 (-8.83%)

Property Plant & Equipment Net

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Cash & Equivalents

$391,050,000 (12.78%)

$346,747,000 (25.46%)

$276,379,000 (-5.39%)

$292,128,000 (-71.42%)

Accumulated Other Comprehensive Income

-$69,997,000 (-9.85%)

-$63,721,000 (60.92%)

-$163,044,000 (-643.88%)

$29,978,000 (-63.40%)

Deferred Revenue

$572,034,000 (-2.70%)

$587,899,000 (-13.03%)

$676,016,000 (-7.08%)

$727,552,000 (15.42%)

Total Investments

$1,552,396,000 (-9.00%)

$1,705,861,000 (-22.19%)

$2,192,294,000 (2.90%)

$2,130,485,000 (-3.03%)

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$641,727,000 (-8.40%)

$700,589,000 (-3.89%)

$728,932,000 (-5.05%)

$767,700,000 (16.42%)

Trade & Non-Trade Payables

$132,922,000 (-16.23%)

$158,670,000 (28.48%)

$123,502,000 (-8.93%)

$135,617,000 (22.81%)

Accumulated Retained Earnings (Deficit)

-$402,408,000 (-44.80%)

-$277,905,000 (-82.77%)

-$152,055,000 (8.76%)

-$166,663,000 (-438.56%)

Tax Assets

$83,487,000 (72.06%)

$48,521,000 (0%)

$0 (0%)

$29,767,000 (571.49%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$304,855,000 (-6.59%)

$326,355,000 (0.00%)

$326,355,000 (-10.92%)

$366,355,000 (0.00%)

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$4,413,046,000 (-4.84%)

$4,637,731,000 (4.49%)

$4,438,411,000 (5.10%)

$4,223,188,000 (-1.04%)

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

JRVR Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$707,626,000 (-12.85%)

$812,009,000 (-0.21%)

$813,696,000 (5.28%)

$772,880,000 (15.58%)

Cost of Revenue

$554,374,000 (10.84%)

$500,157,000 (-8.20%)

$544,814,000 (-31.24%)

$792,352,000 (65.58%)

Selling General & Administrative Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$199,706,000 (-0.30%)

$200,311,000 (-0.80%)

$201,917,000 (20.45%)

$167,640,000 (-0.32%)

Interest Expense

$24,666,000 (0.16%)

$24,627,000 (40.10%)

$17,578,000 (97.02%)

$8,922,000 (-11.07%)

Income Tax Expense

-$7,634,000 (-129.70%)

$25,705,000 (39.59%)

$18,414,000 (179.25%)

-$23,235,000 (-426.66%)

Net Loss Income from Discontinued Operations

$17,634,000 (-89.56%)

$168,893,000 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$81,120,000 (24.67%)

-$107,684,000 (-447.67%)

$30,973,000 (117.92%)

-$172,799,000 (-3682.07%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$81,120,000 (24.67%)

-$107,684,000 (-447.67%)

$30,973,000 (117.92%)

-$172,799,000 (-3682.07%)

Preferred Dividends Income Statement Impact

$37,149,000 (253.80%)

$10,500,000 (20.00%)

$8,750,000 (0%)

$0 (0%)

Net Income Common Stock

-$118,269,000 (-0.07%)

-$118,184,000 (-631.81%)

$22,223,000 (112.86%)

-$172,799,000 (-3682.07%)

Weighted Average Shares

$38,685,003 (2.83%)

$37,618,660 (0.47%)

$37,442,856 (7.11%)

$34,956,957 (14.42%)

Weighted Average Shares Diluted

$38,685,003 (2.31%)

$37,810,440 (0.42%)

$37,650,969 (7.71%)

$34,956,957 (13.19%)

Earning Before Interest & Taxes (EBIT)

-$64,088,000 (-11.75%)

-$57,352,000 (-185.64%)

$66,965,000 (135.79%)

-$187,112,000 (-951.67%)

Gross Profit

$153,252,000 (-50.86%)

$311,852,000 (15.98%)

$268,882,000 (1480.86%)

-$19,472,000 (-110.24%)

Operating Income

-$46,454,000 (-141.65%)

$111,541,000 (66.57%)

$66,965,000 (135.79%)

-$187,112,000 (-951.67%)

JRVR Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

$200,178,000 (479.60%)

$34,537,000 (-83.31%)

$206,872,000 (52.21%)

$135,913,000 (260.76%)

Net Cash Flow from Financing

-$28,846,000 (-36.61%)

-$21,115,000 (-123.55%)

$89,671,000 (-39.28%)

$147,671,000 (124.00%)

Net Cash Flow from Operations

-$247,085,000 (-380.93%)

$87,953,000 (-60.51%)

$222,734,000 (124.38%)

-$913,546,000 (-233.62%)

Net Cash Flow / Change in Cash & Cash Equivalents

$31,101,000 (-62.78%)

$83,570,000 (630.64%)

-$15,749,000 (97.84%)

-$730,052,000 (-90.17%)

Net Cash Flow - Business Acquisitions and Disposals

$96,412,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$11,424,000 (176.83%)

-$14,870,000 (97.14%)

-$520,123,000 (-445.12%)

-$95,414,000 (54.85%)

Capital Expenditure

-$4,890,000 (24.00%)

-$6,434,000 (21.72%)

-$8,219,000 (-30.40%)

-$6,303,000 (-1048.09%)

Issuance (Repayment) of Debt Securities

-$21,500,000 (-1794.27%)

-$1,135,000 (97.16%)

-$40,000,000 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

$0 (0%)

$0 (0%)

-$1,304,000 (-100.68%)

$190,907,000 (18743.26%)

Payment of Dividends & Other Cash Distributions

-$6,231,000 (19.56%)

-$7,746,000 (0.67%)

-$7,798,000 (81.96%)

-$43,236,000 (-16.69%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$7,371,000 (-22.94%)

$9,565,000 (10.55%)

$8,652,000 (34.14%)

$6,450,000 (-7.14%)

Depreciation Amortization & Accretion

-$709,000 (-49.26%)

-$475,000 (-145.32%)

$1,048,000 (-77.77%)

$4,715,000 (-6.06%)

JRVR Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

21.70% (-43.49%)

38.40% (16.36%)

33.00% (1420.00%)

-2.50% (-108.80%)

Profit Margin

-16.70% (-14.38%)

-14.60% (-640.74%)

2.70% (112.05%)

-22.40% (-3300.00%)

EBITDA Margin

-9.20% (-29.58%)

-7.10% (-184.52%)

8.40% (135.59%)

-23.60% (-690.00%)

Return on Average Equity (ROAE)

-22.80% (-9.62%)

-20.80% (-647.37%)

3.80% (116.67%)

-22.80% (-3900.00%)

Return on Average Assets (ROAA)

-2.40% (-9.09%)

-2.20% (-650.00%)

0.40% (111.76%)

-3.40% (-3500.00%)

Return on Sales (ROS)

-9.10% (-28.17%)

-7.10% (-186.59%)

8.20% (133.88%)

-24.20% (-833.33%)

Return on Invested Capital (ROIC)

-1.40% (-27.27%)

-1.10% (-184.62%)

1.30% (131.71%)

-4.10% (-783.33%)

Dividend Yield

3.30% (50.00%)

2.20% (120.00%)

1.00% (-76.19%)

4.20% (75.00%)

Price to Earnings Ratio (P/E)

-1.59 (45.91%)

-2.94 (-108.30%)

35.44 (707.70%)

-5.83 (-101.90%)

Price to Sales Ratio (P/S)

0.27 (-37.85%)

0.43 (-55.51%)

0.96 (-26.17%)

1.3 (-41.99%)

Price to Book Ratio (P/B)

0.4 (-38.56%)

0.65 (-53.96%)

1.41 (-4.52%)

1.48 (-21.68%)

Debt to Equity Ratio (D/E)

9.57 (10.37%)

8.68 (8.23%)

8.02 (37.67%)

5.82 (8.54%)

Earnings Per Share (EPS)

-3.06 (2.55%)

-3.14 (-632.20%)

0.59 (111.94%)

-4.94 (-3187.50%)

Sales Per Share (SPS)

18.29 (-15.26%)

21.59 (-0.68%)

21.73 (-1.71%)

22.11 (1.01%)

Free Cash Flow Per Share (FCFPS)

-6.51 (-400.60%)

2.17 (-62.17%)

5.73 (121.77%)

-26.31 (-193.00%)

Book Value Per Share (BVPS)

11.91 (-16.16%)

14.21 (-3.91%)

14.79 (-28.72%)

20.75 (-20.32%)

Tangible Assets Book Value Per Share (TABVPS)

123.89 (-8.66%)

135.64 (3.24%)

131.39 (-2.91%)

135.33 (-14.66%)

Enterprise Value Over EBIT (EV/EBIT)

-2 (66.67%)

-6 (-150.00%)

12 (300.00%)

-6 (-117.65%)

Enterprise Value Over EBITDA (EV/EBITDA)

-1.56 (73.05%)

-5.78 (-147.98%)

12.05 (281.63%)

-6.63 (-124.02%)

Asset Turnover

0.14 (-8.39%)

0.15 (-0.64%)

0.16 (1.96%)

0.15 (15.04%)

Current Ratio

-

-

-

-

Dividends

$0.16 (-20.00%)

$0.2 (0.00%)

$0.2 (-83.33%)

$1.2 (0.00%)

Free Cash Flow (FCF)

-$251,975,000 (-409.10%)

$81,519,000 (-62.00%)

$214,515,000 (123.32%)

-$919,849,000 (-235.25%)

Enterprise Value (EV)

$100,947,543 (-69.81%)

$334,363,608 (-59.20%)

$819,615,457 (-32.27%)

$1,210,162,003 (62.30%)

Earnings Before Tax (EBT)

-$88,754,000 (-8.26%)

-$81,979,000 (-265.99%)

$49,387,000 (125.19%)

-$196,034,000 (-1742.24%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$64,797,000 (-12.05%)

-$57,827,000 (-185.02%)

$68,013,000 (137.29%)

-$182,397,000 (-775.82%)

Invested Capital

$4,706,600,000 (-7.39%)

$5,082,214,000 (2.27%)

$4,969,544,000 (3.43%)

$4,804,907,000 (14.70%)

Working Capital

-

-

-

-

Tangible Asset Value

$4,792,795,000 (-6.07%)

$5,102,606,000 (3.72%)

$4,919,568,000 (3.99%)

$4,730,680,000 (-2.36%)

Market Capitalization

$184,229,543 (-47.03%)

$347,789,608 (-55.60%)

$783,289,457 (-27.09%)

$1,074,358,003 (-28.59%)

Average Equity

$518,147,500 (-8.84%)

$568,405,500 (-2.11%)

$580,658,250 (-23.53%)

$759,282,000 (-3.06%)

Average Assets

$4,988,733,000 (-5.03%)

$5,252,923,500 (0.65%)

$5,218,764,750 (3.17%)

$5,058,543,000 (0.90%)

Invested Capital Average

$4,619,904,750 (-8.20%)

$5,032,393,250 (1.06%)

$4,979,614,000 (8.93%)

$4,571,318,500 (15.41%)

Shares

37,829,475 (0.50%)

37,639,568 (0.48%)

37,460,041 (0.45%)

37,291,149 (21.83%)