Stocks · Financials · Fire, Marine & Casualty Insurance

GREENLIGHT CAPITAL RE, LTD.

GLRE Clue Score75
Fiscal year ends December CIK 0001385613
$14.76 -1.40% Close, 9 Oct 2026
Price $14.76 +99.46% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue588.4Net income44.9EPS, diluted1.20Fiscal year 2017Revenue645.7 +9.7%Net income−45.0 −200.2%EPS, diluted−1.21 −200.8%Fiscal year 2018Revenue183.0 −71.7%Net income−350.1EPS, diluted−9.74Fiscal year 2019Revenue538.2 +194.0%Net income−4.0EPS, diluted−0.11Fiscal year 2020Revenue484.1 −10.0%Net income3.9EPS, diluted0.11Fiscal year 2021Revenue588.6 +21.6%Net income17.6 +354.7%EPS, diluted0.51 +363.6%Fiscal year 2022Revenue526.7 −10.5%Net income25.3 +44.2%EPS, diluted0.73 +43.1%Fiscal year 2023Revenue667.1 +26.7%Net income86.8 +242.6%EPS, diluted2.50 +242.5%Fiscal year 2024Revenue696.0 +4.3%Net income42.8 −50.7%EPS, diluted1.24 −50.4%Fiscal year 2025Revenue729.8 +4.8%Net income74.8 +74.8%EPS, diluted2.17 +75.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 588.4 645.7 183.0 538.2 484.1 588.6 526.7 667.1 696.0 729.8
Growth +9.7% −71.7% +194.0% −10.0% +21.6% −10.5% +26.7% +4.3% +4.8%
Net income 44.9 −45.0 −350.1 −4.0 3.9 17.6 25.3 86.8 42.8 74.8
Growth −200.2% +354.7% +44.2% +242.6% −50.7% +74.8%
EPS, diluted 1.20 −1.21 −9.74 −0.11 0.11 0.51 0.73 2.50 1.24 2.17
Growth −200.8% +363.6% +43.1% +242.5% −50.4% +75.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin7.6%Fiscal year 2017Net margin−7.0%Fiscal year 2018Net margin−191.3%Fiscal year 2019Net margin−0.7%Fiscal year 2020Net margin0.8%Fiscal year 2021Net margin3.0%Fiscal year 2022Net margin4.8%Fiscal year 2023Net margin13.0%Fiscal year 2024Net margin6.2%Fiscal year 2025Net margin10.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 7.6% −7.0% −191.3% −0.7% 0.8% 3.0% 4.8% 13.0% 6.2% 10.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow−35.8Buybacks0.0Fiscal year 2017Operating cash flow94.4Buybacks−2.8Fiscal year 2018Operating cash flow−59.3Buybacks−16.5Fiscal year 2019Operating cash flow1.6Buybacks0.0Fiscal year 2020Operating cash flow−91.3Buybacks−17.8Fiscal year 2021Operating cash flow−56.3Buybacks−10.0Fiscal year 2022Operating cash flow−31.8Buybacks−0.0Fiscal year 2023Operating cash flow7.5Buybacks0.0Fiscal year 2024Operating cash flow111.5Buybacks−7.5Fiscal year 2025Operating cash flow210.2Buybacks−9.8
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −35.8 94.4 −59.3 1.6 −91.3 −56.3 −31.8 7.5 111.5 210.2
Buybacks 0.0 −2.8 −16.5 0.0 −17.8 −10.0 −0.0 0.0 −7.5 −9.8

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1,242.5Shareholders’ equity874.2Fiscal year 2017Cash27.3Shareholders’ equity831.3Fiscal year 2018Cash18.2Shareholders’ equity477.8Fiscal year 2019Cash25.8Shareholders’ equity477.2Fiscal year 2020Cash8.9Shareholders’ equity464.9Fiscal year 2021Cash76.3Shareholders’ equity475.7Fiscal year 2022Cash38.2Total debt80.5Net cash (debt)−42.3Shareholders’ equity503.1Debt to equity0.16Fiscal year 2023Cash51.1Total debt73.3Net cash (debt)−22.2Shareholders’ equity596.1Debt to equity0.12Fiscal year 2024Cash64.7Total debt60.7Net cash (debt)3.9Shareholders’ equity635.9Debt to equity0.10Fiscal year 2025Cash111.8Total debt4.7Net cash (debt)107.0Shareholders’ equity708.0Debt to equity0.01
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1,242.5 27.3 18.2 25.8 8.9 76.3 38.2 51.1 64.7 111.8
Total debt n/a n/a n/a n/a n/a n/a 80.5 73.3 60.7 4.7
Net cash (debt) n/a n/a n/a n/a n/a n/a −42.3 −22.2 3.9 107.0
Shareholders’ equity 874.2 831.3 477.8 477.2 464.9 475.7 503.1 596.1 635.9 708.0
Debt to equity n/a n/a n/a n/a n/a n/a 0.16 0.12 0.10 0.01

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
8.0% −6.9% −193.4% n/a n/a n/a n/a 13.0% 6.3% 10.7%
7.6% −7.0% −191.3% −0.7% 0.8% 3.0% 4.8% 13.0% 6.2% 10.3%
Spending
4.4% 4.1% 13.8% 5.5% 5.5% 5.0% 6.0% 6.5% n/a n/a
1.1% n/a n/a n/a n/a n/a n/a 0.1% 1.7% 4.4%
Returns
5.1% −5.4% −73.3% −0.8% 0.8% 3.7% 5.0% 14.6% 6.7% 10.6%
1.7% −1.3% −24.4% −0.3% 0.3% 1.2% 1.6% 5.0% 2.1% 3.4%
Balance and payout
n/a n/a n/a n/a n/a n/a 0.16 0.12 0.10 0.01
66.5% 74.6% 66.6% 64.8% 65.8% 66.7% 68.2% 65.6% 68.5% 67.4%