RNR: Renaissancere Holdings Ltd Financial Statements
Balance sheet, income statement, and cash flow statements for Renaissancere Holdings Ltd (RNR).
$12.92B Market Cap.
RNR Market Cap. (MRY)
RNR Shares Outstanding (MRY)
RNR Assets (MRY)
Total Assets
$50.71B
Total Liabilities
$33.16B
Total Investments
$37.18B
RNR Income (MRY)
Revenue
$11.70B
Net Income
$1.87B
Operating Expense
$3.28B
RNR Cash Flow (MRY)
CF Operations
$4.16B
CF Investing
-$3.06B
CF Financing
-$1.29B
RNR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $50,707,550,000 (3.47%) | $49,007,105,000 (34.07%) | $36,552,878,000 (7.64%) | $33,959,502,000 (10.18%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $704,132,000 (-9.19%) | $775,352,000 (226.01%) | $237,828,000 (-2.33%) | $243,496,000 (-2.46%) |
Shareholders Equity | $10,574,012,000 (11.84%) | $9,454,958,000 (77.55%) | $5,325,274,000 (-19.61%) | $6,624,281,000 (-12.38%) |
Property Plant & Equipment Net | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Cash & Equivalents | $1,676,604,000 (-10.70%) | $1,877,518,000 (57.20%) | $1,194,339,000 (-35.75%) | $1,859,019,000 (7.04%) |
Accumulated Other Comprehensive Income | -$14,756,000 (-3.84%) | -$14,211,000 (8.09%) | -$15,462,000 (-41.74%) | -$10,909,000 (13.71%) |
Deferred Revenue | $5,950,415,000 (-3.03%) | $6,136,135,000 (34.59%) | $4,559,107,000 (29.11%) | $3,531,213,000 (27.78%) |
Total Investments | $37,184,743,000 (27.27%) | $29,216,143,000 (31.48%) | $22,220,436,000 (3.63%) | $21,442,659,000 (4.30%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $12,751,619,000 (-10.02%) | $14,171,942,000 (26.28%) | $11,222,334,000 (20.86%) | $9,285,375,000 (28.74%) |
Trade & Non-Trade Payables | $2,955,065,000 (-23.20%) | $3,847,785,000 (-12.99%) | $4,422,057,000 (-12.11%) | $5,031,531,000 (8.89%) |
Accumulated Retained Earnings (Deficit) | $8,276,152,000 (26.90%) | $6,522,016,000 (60.19%) | $4,071,371,000 (-22.19%) | $5,232,624,000 (-2.63%) |
Tax Assets | $701,053,000 (2.34%) | $685,040,000 (456.25%) | $123,153,000 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $1,886,689,000 (-3.67%) | $1,958,655,000 (67.34%) | $1,170,442,000 (0.18%) | $1,168,353,000 (2.82%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $33,155,789,000 (-0.88%) | $33,451,316,000 (25.32%) | $26,692,215,000 (12.24%) | $23,781,168,000 (19.67%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
RNR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $11,695,148,000 (28.03%) | $9,134,608,000 (80.51%) | $5,060,412,000 (-4.12%) | $5,277,709,000 (2.04%) |
Cost of Revenue | $5,332,981,000 (49.24%) | $3,573,509,000 (-17.64%) | $4,338,840,000 (11.94%) | $3,876,087,000 (32.53%) |
Selling General & Administrative Expense | $3,275,239,000 (37.74%) | $2,377,858,000 (25.67%) | $1,892,072,000 (28.87%) | $1,468,194,000 (22.21%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $3,275,239,000 (37.74%) | $2,377,858,000 (25.67%) | $1,892,072,000 (28.87%) | $1,468,194,000 (22.21%) |
Interest Expense | $93,768,000 (28.13%) | $73,181,000 (51.40%) | $48,335,000 (1.68%) | $47,536,000 (-5.78%) |
Income Tax Expense | $32,628,000 (106.40%) | -$510,067,000 (-764.24%) | -$59,019,000 (-453.23%) | -$10,668,000 (-472.75%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $2,960,532,000 (-18.22%) | $3,620,127,000 (412.13%) | -$1,159,816,000 (-1021.25%) | -$103,440,000 (-110.42%) |
Net Income to Non-Controlling Interests | $1,090,172,000 (2.94%) | $1,058,995,000 (1173.89%) | -$98,613,000 (-55.82%) | -$63,285,000 (-127.44%) |
Net Income | $1,870,360,000 (-26.97%) | $2,561,132,000 (341.34%) | -$1,061,203,000 (-2542.77%) | -$40,155,000 (-105.27%) |
Preferred Dividends Income Statement Impact | $35,375,000 (0.00%) | $35,375,000 (0.00%) | $35,375,000 (6.34%) | $33,266,000 (7.58%) |
Net Income Common Stock | $1,834,985,000 (-27.35%) | $2,525,757,000 (330.33%) | -$1,096,578,000 (-1393.55%) | -$73,421,000 (-110.04%) |
Weighted Average Shares | $51,939,955 (1.50%) | $51,172,023 (17.09%) | $43,701,890 (-5.04%) | $46,019,882 (-9.43%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $1,996,756,000 (-6.00%) | $2,124,246,000 (298.18%) | -$1,071,887,000 (-32509.89%) | -$3,287,000 (-100.40%) |
Gross Profit | $6,362,167,000 (14.40%) | $5,561,099,000 (670.69%) | $721,572,000 (-48.52%) | $1,401,622,000 (-37.64%) |
Operating Income | $3,086,928,000 (-3.03%) | $3,183,241,000 (371.96%) | -$1,170,500,000 (-1658.25%) | -$66,572,000 (-106.36%) |
RNR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$3,060,856,000 (19.93%) | -$3,822,636,000 (-26.74%) | -$3,016,176,000 (-269.50%) | -$816,296,000 (64.58%) |
Net Cash Flow from Financing | -$1,287,515,000 (-149.74%) | $2,588,639,000 (256.89%) | $725,342,000 (339.81%) | -$302,461,000 (-145.47%) |
Net Cash Flow from Operations | $4,164,822,000 (117.87%) | $1,911,634,000 (19.20%) | $1,603,683,000 (29.87%) | $1,234,815,000 (-38.03%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$200,914,000 (-129.41%) | $683,179,000 (202.78%) | -$664,680,000 (-643.90%) | $122,206,000 (-65.84%) |
Net Cash Flow - Business Acquisitions and Disposals | $41,349,000 (101.70%) | -$2,428,192,000 (-42015.97%) | $5,793,000 (137.40%) | -$15,490,000 (-110.89%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$3,102,205,000 (-122.47%) | -$1,394,444,000 (53.86%) | -$3,021,969,000 (-277.37%) | -$800,806,000 (67.27%) |
Capital Expenditure | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Repayment) of Debt Securities | -$75,000,000 (-109.55%) | $785,581,000 (0%) | $0 (0%) | $30,000,000 (112.00%) |
Issuance (Purchase) of Equity Shares | -$666,921,000 (-149.34%) | $1,351,608,000 (910.98%) | -$166,664,000 (83.78%) | -$1,027,505,000 (-199.48%) |
Payment of Dividends & Other Cash Distributions | -$80,849,000 (-7.64%) | -$75,112,000 (-16.14%) | -$64,675,000 (4.65%) | -$67,828,000 (0.97%) |
Effect of Exchange Rate Changes on Cash | -$17,365,000 (-413.33%) | $5,542,000 (-75.34%) | $22,471,000 (265.50%) | $6,148,000 (37.08%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $258,456,000 (291.80%) | -$134,753,000 (-400.01%) | -$26,950,000 (-28.40%) | -$20,989,000 (-226.04%) |
RNR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 54.40% (-10.67%) | 60.90% (325.87%) | 14.30% (-46.24%) | 26.60% (-38.85%) |
Profit Margin | 15.70% (-43.32%) | 27.70% (227.65%) | -21.70% (-1450.00%) | -1.40% (-109.93%) |
EBITDA Margin | 19.30% (-11.47%) | 21.80% (200.46%) | -21.70% (-4240.00%) | -0.50% (-103.11%) |
Return on Average Equity (ROAE) | 17.60% (-47.15%) | 33.30% (267.34%) | -19.90% (-1709.09%) | -1.10% (-110.48%) |
Return on Average Assets (ROAA) | 3.60% (-40.00%) | 6.00% (293.55%) | -3.10% (-1450.00%) | -0.20% (-108.33%) |
Return on Sales (ROS) | 17.10% (-26.61%) | 23.30% (209.91%) | -21.20% (-21100.00%) | -0.10% (-100.63%) |
Return on Invested Capital (ROIC) | 3.90% (-22.00%) | 5.00% (266.67%) | -3.00% (0%) | 0% (0%) |
Dividend Yield | 0.60% (-25.00%) | 0.80% (0.00%) | 0.80% (-11.11%) | 0.90% (12.50%) |
Price to Earnings Ratio (P/E) | 7.05 (88.40%) | 3.74 (151.76%) | -7.22 (93.30%) | -107.85 (-1097.72%) |
Price to Sales Ratio (P/S) | 1.1 (0.64%) | 1.1 (-30.99%) | 1.59 (7.72%) | 1.48 (-9.33%) |
Price to Book Ratio (P/B) | 1.22 (15.17%) | 1.06 (-29.83%) | 1.51 (28.57%) | 1.18 (5.57%) |
Debt to Equity Ratio (D/E) | 3.14 (-11.36%) | 3.54 (-29.41%) | 5.01 (39.61%) | 3.59 (36.61%) |
Earnings Per Share (EPS) | 35.31 (-32.61%) | 52.4 (305.49%) | -25.5 (-1524.20%) | -1.57 (-110.23%) |
Sales Per Share (SPS) | 225.17 (26.14%) | 178.51 (54.16%) | 115.79 (0.97%) | 114.68 (12.66%) |
Free Cash Flow Per Share (FCFPS) | 80.19 (114.65%) | 37.36 (1.80%) | 36.7 (36.76%) | 26.83 (-31.58%) |
Book Value Per Share (BVPS) | 203.58 (10.18%) | 184.77 (51.63%) | 121.86 (-15.35%) | 143.94 (-3.26%) |
Tangible Assets Book Value Per Share (TABVPS) | 962.72 (2.14%) | 942.54 (13.43%) | 830.97 (13.42%) | 732.64 (21.77%) |
Enterprise Value Over EBIT (EV/EBIT) | 7 (40.00%) | 5 (171.43%) | -7 (99.69%) | -2,279 (-22890.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 5.89 (9.36%) | 5.39 (173.83%) | -7.3 (97.64%) | -308.52 (-3203.82%) |
Asset Turnover | 0.23 (5.09%) | 0.22 (52.11%) | 0.14 (-10.69%) | 0.16 (-8.09%) |
Current Ratio | - | - | - | - |
Dividends | $1.56 (2.63%) | $1.52 (2.70%) | $1.48 (2.78%) | $1.44 (2.86%) |
Free Cash Flow (FCF) | $4,164,822,000 (117.87%) | $1,911,634,000 (19.20%) | $1,603,683,000 (29.87%) | $1,234,815,000 (-38.03%) |
Enterprise Value (EV) | $13,286,197,204 (23.98%) | $10,716,725,508 (33.68%) | $8,016,875,195 (7.04%) | $7,489,641,619 (-9.48%) |
Earnings Before Tax (EBT) | $1,902,988,000 (-7.22%) | $2,051,065,000 (283.09%) | -$1,120,222,000 (-2104.16%) | -$50,823,000 (-106.64%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $2,255,212,000 (13.36%) | $1,989,493,000 (281.05%) | -$1,098,837,000 (-4426.43%) | -$24,276,000 (-102.92%) |
Invested Capital | $50,213,503,000 (3.93%) | $48,312,890,000 (33.13%) | $36,291,153,000 (9.89%) | $33,025,340,000 (10.19%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $50,003,418,000 (3.67%) | $48,231,753,000 (32.81%) | $36,315,050,000 (7.71%) | $33,716,006,000 (10.29%) |
Market Capitalization | $12,923,180,204 (28.85%) | $10,029,716,508 (24.57%) | $8,051,199,195 (3.32%) | $7,792,546,619 (-7.51%) |
Average Equity | $10,447,069,000 (37.86%) | $7,577,980,750 (37.39%) | $5,515,691,250 (-20.26%) | $6,917,434,500 (-1.12%) |
Average Assets | $51,493,970,750 (21.51%) | $42,380,105,750 (19.07%) | $35,592,797,250 (7.48%) | $33,114,671,500 (10.60%) |
Invested Capital Average | $51,060,432,750 (20.27%) | $42,455,751,000 (20.67%) | $35,182,576,000 (8.52%) | $32,419,904,500 (9.74%) |
Shares | 51,939,955 (1.50%) | 51,172,023 (17.09%) | 43,701,890 (-5.04%) | 46,019,882 (-9.43%) |
