MARKETS / NASDAQ / GLRE
NASDAQ · FIRE, MARINE & CASUALTY INSURANCE · MID CAP

Greenlight Capital RE, Ltd. GLRE

17 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$729.8M
▲ 4.8% vs FY2024
EPS · FY25
Dividend / sh · FY25
Payout · FY25
ROE · FY25
11.1%
Net margin · FY25
10.3%
Dividend coverage
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Result
USD 729.8M
Revenue, FY2025 · full 17-year series below
Revenue Net income
0.20.40.60.80.70.12009201220152018202120242025
0.20.40.60.80.70.12016201920222025

10 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2025
EPS
0.40.81.22009201220152018202120242025
0.40.81.22016201920222025

The company pays no cash dividend.

Profitability
11.1%
Return on equity, FY2025
ROE
816243211.1%2009201220152018202120242025
816243211.1%2016201920222025
Operating margin10.7%
Net margin10.3%
Return on assets3.6%

Each USD of equity produced 11 cents of profit this year.

Returned to shareholders
USD 9.8M
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacksUSD 9.8M
Share of profit13.1%
Consecutive raises

USD 9.8M in buybacks — 13% of the year's profit went back to shareholders.

Growth
+8.6% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+11.5%
+8.6%
+19.5%
+4.3%
Net income
+43.5%
+80.9%
−1.3%
EPS, diluted
+43.8%
+81.6%
−0.8%
Returned to shareholders
+554.8%
−11.2%
−5.7%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 2.2B
total assets, end of FY2025
Total assetsUSD 2.2B
EquityUSD 708.0M
CashUSD 111.8M
Gross debtUSD 4.7M
Net debtUSD -107.0M

The company holds more cash than debt.

History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Revenue $B
0.7
0.7
0.7
0.5
0.6
0.5
0.5
0.2
0.6
0.6
0.1
0.5
0.8
0.5
0.4
0.4
0.4
Operating income $B
0.1
0.0
0.1
·
·
·
·
·
·
·
·
·
·
·
·
·
·
EBITDA $B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Income tax $B
0.0
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
−0.0
0.0
−0.0
−0.0
0.0
0.0
0.0
0.0
−0.0
Net income $B
0.1
0.0
0.1
0.0
0.0
0.0
−0.0
−0.4
−0.0
0.0
−0.3
0.1
0.2
0.0
0.0
0.1
0.2
EPS, diluted $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
11.1
7.0
15.8
5.2
3.7
0.8
−0.8
−53.5
−5.3
5.3
−32.8
9.9
24.1
1.8
0.8
11.4
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
33 of 33
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed