RenaissanceRe (RNR)
Combines global reinsurance underwriting with co-invested third-party capital.
$328.63
vs last close+2.72 (+0.84%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,825 | 3,225 | 2,585 | 2,816 | 3,968 | 2,279 | 3,453 | 3,186 | 3,186 | 2,924 | 2,174 | 2,373 |
| Cost of revenue | 1,287 | 1,574 | 1,797 | 1,954 | 2,064 | 2,162 | 3,391 | 1,685 | 1,539 | 951 | 984 | 942 |
| Gross profit | 538 | 1,651 | 788 | 862 | 1,904 | 117 | 61 | 1,502 | 1,647 | 1,973 | 1,190 | 1,431 |
| 112 | 217 | 154 | 154 | 169 | 200 | 132 | 161 | 167 | 709 | 642 | 592 | |
| 0 | 0 | 125 | 126 | 151 | 237 | 122 | 148 | 148 | 703 | 0 | 0 | |
| Selling & marketing | 0 | 0 | 106 | 108 | 125 | 157 | 100 | 126 | 125 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 19 | 18 | 26 | 80 | 21 | 22 | 23 | 703 | 0 | 0 |
| Other expenses | 112 | 217 | 29 | 28 | 18 | −37 | 11 | 13 | 18 | 6 | 642 | 592 |
| Operating income | 426 | 1,434 | 634 | 708 | 1,735 | −83 | −71 | 1,341 | 1,481 | 1,264 | 549 | 839 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 279 | |
| Interest expense | 23 | 23 | 23 | 24 | 24 | 23 | 27 | 32 | 31 | 31 | 32 | 32 |
| Other non-operating income | −23 | −23 | −23 | −24 | −24 | −23 | −27 | −32 | −31 | −31 | −32 | −32 |
| Income before tax | 426 | 1,434 | 634 | 708 | 1,735 | −83 | −71 | 1,341 | 1,481 | 1,264 | 549 | 1,118 |
| Income tax expense | 9 | −554 | 15 | −21 | 102 | −64 | −46 | 177 | 149 | 116 | 33 | 139 |
| Net income from continuing operations | 417 | 1,989 | 618 | 729 | 1,633 | −19 | −25 | 1,164 | 1,332 | 1,148 | 516 | 978 |
| Net income | 203 | 1,586 | 374 | 504 | 1,182 | −190 | 170 | 835 | 917 | 760 | 293 | 663 |
| EPS, basic | $3.81 | $30.50 | $6.96 | $9.44 | $22.68 | −$3.89 | $3.29 | $17.25 | $19.47 | $16.75 | $6.60 | $15.81 |
| EPS, diluted | $3.80 | $30.42 | $6.94 | $9.41 | $22.62 | −$3.89 | $3.27 | $17.20 | $19.40 | $16.75 | $6.57 | $15.75 |
| Weighted average shares, basic | 50 | 51 | 52 | 52 | 51 | 50 | 51 | 48 | 47 | 45 | 42 | 41 |
| Weighted average shares, diluted | 50 | 51 | 52 | 52 | 51 | 50 | 51 | 48 | 47 | 45 | 43 | 42 |
| EBITDA | 401 | 1,444 | 673 | 741 | 1,984 | −53 | −40 | 1,378 | 1,504 | 1,279 | 556 | 871 |
| Depreciation & amortization | −48 | −14 | 16 | 10 | 226 | 7 | 4 | 5 | −7 | −17 | −24 | 0 |
| EBIT | 449 | 1,458 | 657 | 731 | 1,758 | −60 | −44 | 1,372 | 1,511 | 1,295 | 581 | 871 |
