Stocks · Financials · Fire, Marine & Casualty Insurance

Maiden Holdings, Ltd.

MHLA Clue Score17
Bermuda Fiscal year ends December CIK 0001412100
$8.93 -0.89% Close, 9 Oct 2026
Price $8.93 −59.57% 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 2016Revenue2,051.9Net income49.0EPS, diluted0.19Fiscal year 2017Revenue2,138.8 +4.2%Net income−169.9 −446.9%EPS, diluted−2.32 −1,321.1%Fiscal year 2018Revenue2,164.8 +1.2%Net income−544.6EPS, diluted−6.87Fiscal year 2019Revenue576.1 −73.4%Net income−131.9Fiscal year 2020Revenue184.1 −68.0%Net income41.8EPS, diluted0.93Fiscal year 2021Revenue98.7 −46.4%Net income26.6 −36.2%EPS, diluted1.35 +45.2%Fiscal year 2022Revenue58.1 −41.1%Net income−60.0 −325.3%EPS, diluted0.63 −53.3%Fiscal year 2023Revenue89.2 +53.5%Net income−38.6EPS, diluted−0.38 −160.3%Fiscal year 2024Revenue56.4 −36.8%Net income−201.0EPS, diluted−2.01
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue 2,051.9 2,138.8 2,164.8 576.1 184.1 98.7 58.1 89.2 56.4
Growth +4.2% +1.2% −73.4% −68.0% −46.4% −41.1% +53.5% −36.8%
Net income 49.0 −169.9 −544.6 −131.9 41.8 26.6 −60.0 −38.6 −201.0
Growth −446.9% −36.2% −325.3%
EPS, diluted 0.19 −2.32 −6.87 n/a 0.93 1.35 0.63 −0.38 −2.01
Growth −1,321.1% +45.2% −53.3% −160.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin2.4%Fiscal year 2017Net margin−7.9%Fiscal year 2018Net margin−25.2%Fiscal year 2019Net margin−22.9%Fiscal year 2020Net margin22.7%Fiscal year 2021Net margin27.0%Fiscal year 2022Net margin−103.3%Fiscal year 2023Net margin−43.2%Fiscal year 2024Net margin−356.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Net margin 2.4% −7.9% −25.2% −22.9% 22.7% 27.0% −103.3% −43.2% −356.1%

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 flow470.1Buybacks−0.5Dividends paid−43.1Fiscal year 2017Operating cash flow458.6Buybacks−25.7Dividends paid−51.6Fiscal year 2018Operating cash flow182.3Buybacks−0.9Dividends paid−41.6Fiscal year 2019Operating cash flow−1,142.6Buybacks−0.0Dividends paid0.0Fiscal year 2020Operating cash flow−541.8Buybacks−0.0Fiscal year 2021Operating cash flow−394.4Buybacks−2.5Fiscal year 2022Operating cash flow−195.9Buybacks−1.0Fiscal year 2023Operating cash flow−59.8Buybacks−2.9Fiscal year 2024Operating cash flow−67.4Buybacks−3.7
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating cash flow 470.1 458.6 182.3 −1,142.6 −541.8 −394.4 −195.9 −59.8 −67.4
Buybacks −0.5 −25.7 −0.9 −0.0 −0.0 −2.5 −1.0 −2.9 −3.7
Dividends paid −43.1 −51.6 −41.6 0.0 n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash41.3Total debt351.4Net cash (debt)−310.1Shareholders’ equity1,360.8Debt to equity0.26Fiscal year 2017Cash54.5Total debt254.5Net cash (debt)−200.0Shareholders’ equity1,232.2Debt to equity0.21Fiscal year 2018Cash200.8Total debt254.7Net cash (debt)−53.9Shareholders’ equity554.3Debt to equity0.46Fiscal year 2019Cash48.2Total debt254.9Net cash (debt)−206.7Shareholders’ equity507.7Debt to equity0.50Fiscal year 2020Cash74.0Total debt255.1Net cash (debt)−181.1Shareholders’ equity527.8Debt to equity0.48Fiscal year 2021Cash26.7Total debt255.3Net cash (debt)−228.7Shareholders’ equity384.3Debt to equity0.66Fiscal year 2022Cash31.0Total debt255.6Net cash (debt)−224.6Shareholders’ equity284.6Debt to equity0.90Fiscal year 2023Cash35.4Total debt254.6Net cash (debt)−219.2Shareholders’ equity249.2Debt to equity1.02Fiscal year 2024Cash25.7Total debt254.8Net cash (debt)−229.1Shareholders’ equity45.2Debt to equity5.64
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash 41.3 54.5 200.8 48.2 74.0 26.7 31.0 35.4 25.7
Total debt 351.4 254.5 254.7 254.9 255.1 255.3 255.6 254.6 254.8
Net cash (debt) −310.1 −200.0 −53.9 −206.7 −181.1 −228.7 −224.6 −219.2 −229.1
Shareholders’ equity 1,360.8 1,232.2 554.3 507.7 527.8 384.3 284.6 249.2 45.2
Debt to equity 0.26 0.21 0.46 0.50 0.48 0.66 0.90 1.02 5.64

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

Financial statements FY2024 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. 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
Assets
41.3 54.5 200.8 48.2 74.0 26.7 31.0 35.4 25.7
n/a n/a n/a n/a n/a n/a n/a 0.7 0.8
57.2 57.2 0.0 n/a n/a n/a n/a n/a n/a
6,252.3 6,644.2 5,287.5 3,568.2 2,948.5 2,322.6 1,846.9 1,518.9 1,316.0
Growth +6.3% −20.4% −32.5% −17.4% −21.2% −20.5% −17.8% −13.4%
Liabilities
351.4 254.5 254.7 254.9 255.1 255.3 255.6 254.6 254.8
calc 351.4 254.5 254.7 254.9 255.1 255.3 255.6 254.6 254.8
4,891.1 5,411.6 4,732.5 3,060.5 2,420.6 1,938.4 1,562.3 1,269.8 1,270.8
Equity
285.7 35.5 −563.9 −695.8 −615.8 −498.3 −442.9 −486.9 −687.9
1,360.8 1,232.2 554.3 507.7 527.8 384.3 284.6 249.2 45.2
Growth −9.5% −55.0% −8.4% +4.0% −27.2% −25.9% −12.4% −81.9%
Per share and net cash
calc −310.1 −200.0 −53.9 −206.7 −181.1 −228.7 −224.6 −219.2 −229.1
86.3 83.0 82.9 83.1 84.8 86.5 101.5 100.5 99.0
calc 15.77 14.85 6.68 6.11 6.22 4.44 2.80 2.48 0.46

Lines marked calc are worked out here from filed figures; point at one for how.