8-K Announcements
6May 5, 2026·SEC
Apr 6, 2026·SEC
Mar 9, 2026·SEC
Greenlight Capital Re, Ltd. (GLRE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Greenlight Capital Re, Ltd. (GLRE) stock price & volume — 10-year historical chart
Greenlight Capital Re, Ltd. (GLRE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Greenlight Capital Re, Ltd. (GLRE) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $1.05vs $1.25-16.0% | $228Mvs $181M+26.1% |
| Q2 2026 | Mar 9, 2026 | $1.44vs $1.12+28.6% | $161Mvs $178M-9.3% |
| Q4 2025 | Nov 3, 2025 | $0.13vs $0.10-229.4% | $160M |
| Q3 2025 | Aug 4, 2025 | $0.01vs $0.35+102.8% | $178M |
Greenlight Capital Re, Ltd. (GLRE) competitors in Property and casualty reinsurers — business model, growth, and fundamentals comparison
Greenlight Capital Re, Ltd. (GLRE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Greenlight Capital Re, Ltd. (GLRE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 645.67M | 243.85M | 491.4M | 478.82M | 570.46M | 477.63M | 632.35M | 647.97M | 696.35M | 706.45M |
| Revenue Growth % | 9.74% | -62.23% | 101.52% | -2.56% | 19.14% | -16.27% | 32.39% | 2.47% | 7.47% | 7.94% |
| Medical Costs & Claims | 664.14M | 509.35M | 505.57M | 447.12M | 519.94M | 459.63M | 528.88M | 604.04M | 411.59M | 241.84M |
| Medical Cost Ratio % | 102.86% | 208.88% | 102.88% | 93.38% | 91.14% | 96.23% | 83.64% | 93.22% | 59.11% | 34.23% |
| Gross Profit | -18.47M▲ 0% | -265.5M▼ 1337.5% | -14.17M▲ 94.7% | 31.7M▲ 323.6% | 50.52M▲ 59.4% | 18M▼ 64.4% | 103.46M▲ 475.0% | 43.93M▼ 57.5% | 284.76M▲ 548.2% | 274.94M▲ 0% |
| Gross Margin % | -2.86% | -108.88% | -2.88% | 6.62% | 8.86% | 3.77% | 16.36% | 6.78% | 40.89% | 38.92% |
| Gross Profit Growth % | -125.29% | -1337.54% | 94.66% | 323.63% | 59.4% | -64.38% | 474.96% | -57.54% | 548.21% | - |
| Operating Expenses | 26.36M | 88.5M | -10.67M | 27.41M | 29.2M | -6.53M | 16.53M | 365K | 206.45M | 227.54M |
| OpEx / Revenue % | 4.08% | 36.29% | -2.17% | 5.72% | 5.12% | -1.37% | 2.61% | 0.06% | 29.65% | 32.21% |
| Depreciation & Amortization | 368K | 2.77M | 2.35M | 2.3M | 16K | 79K | 0 | 0 | 0 | 0 |
| Combined Ratio % | 106.94% | 245.17% | 100.71% | 99.1% | 96.26% | 94.87% | 86.25% | 93.28% | 88.75% | 66.44% |
| Operating Income | -44.83M▲ 0% | -354M▼ 689.7% | -3.5M▲ 99.0% | 4.29M▲ 222.5% | 21.32M▲ 397.1% | 24.53M▲ 15.0% | 86.93M▲ 254.4% | 43.56M▼ 49.9% | 78.31M▲ 79.8% | 47.4M▲ 0% |
| Operating Margin % | -6.94% | -145.17% | -0.71% | 0.9% | 3.74% | 5.13% | 13.75% | 6.72% | 11.25% | 6.71% |
| Operating Income Growth % | -194.95% | -689.73% | 99.01% | 222.47% | 397.06% | 15.02% | 254.44% | -49.89% | 79.76% | - |
| EBITDA | -44.46M | -351.23M | -1.15M | 6.59M | 21.34M | 24.61M | 94.96M | 52.75M | 83.1M | 50.58M |
| EBITDA Margin % | -6.89% | -144.04% | -0.23% | 1.38% | 3.74% | 5.15% | 15.02% | 8.14% | 11.93% | 7.16% |
| Interest Expense | 0 | 2.5M | 6.26M | 6.28M | 17.92M | 10.92M | 8.03M | 9.18M | 4.79M | 3.21M |
| Non-Operating Income | 0 | -2.5M | -6.26M | -6.28M | -17.92M | -10.92M | -8.03M | -9.18M | -4.79M | -3.17M |
| Pretax Income | -44.83M▲ 0% | -354M▼ 689.7% | -3.5M▲ 99.0% | 4.29M▲ 222.5% | 21.32M▲ 397.1% | 24.53M▲ 15.0% | 86.93M▲ 254.4% | 43.56M▼ 49.9% | 78.31M▲ 79.8% | 83.27M▲ 0% |
| Pretax Margin % | -6.94% | -145.17% | -0.71% | 0.9% | 3.74% | 5.13% | 13.75% | 6.72% | 11.25% | 11.79% |
| Income Tax | -451K | 332K | 483K | 424K | 3.75M | -816K | 100K | 749K | 3.48M | 2.08M |
| Effective Tax Rate % | 1.01% | -0.09% | -13.79% | 9.88% | 17.57% | -3.33% | 0.12% | 1.72% | 4.44% | 2.5% |
| Net Income | -44.95M▲ 0% | -350.05M▼ 678.7% | -3.99M▲ 98.9% | 3.87M▲ 197.0% | 17.58M▲ 354.7% | 25.34M▲ 44.2% | 86.83M▲ 242.6% | 42.82M▼ 50.7% | 74.83M▲ 74.8% | 80.95M▲ 0% |
| Net Margin % | -6.96% | -143.55% | -0.81% | 0.81% | 3.08% | 5.31% | 13.73% | 6.61% | 10.75% | 11.46% |
| Net Income Growth % | -200.16% | -678.73% | 98.86% | 196.99% | 354.68% | 44.17% | 242.63% | -50.69% | 74.78% | 78.22% |
| EPS (Diluted) | -1.21▲ 0% | -9.74▼ 705.0% | -0.11▲ 98.9% | 0.11▲ 200.0% | 0.51▲ 363.6% | 0.64▲ 25.5% | 2.50▲ 290.6% | 1.24▼ 50.4% | 2.17▲ 75.0% | 2.37▲ 0% |
| EPS Growth % | -200.83% | -704.96% | 98.87% | 200% | 363.64% | 25.49% | 290.63% | -50.4% | 75% | 82.91% |
| EPS (Basic) | -1.21 | -9.74 | -0.11 | 0.11 | 0.51 | 0.75 | 2.55 | 1.26 | 2.21 | - |
| Diluted Shares Outstanding | 37M | 35.95M | 36.08M | 36.28M | 34.35M | 39.77M | 34.8M | 34.65M | 34.5M | 34.17M |
Greenlight Capital Re, Ltd. (GLRE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 3.36B | 1.44B | 1.36B | 1.36B | 1.43B | 1.58B | 1.74B | 2.02B | 2.17B | 2.27B |
| Asset Growth % | 26% | -57.25% | -5.59% | 0.18% | 5.14% | 10.71% | 9.8% | 16.19% | 7.62% | 34.84% |
| Total Investment Assets | 1.21B | 36.91M | 256.44M | 196.15M | 230.97M | 178.2M | 332.18M | 387.14M | 633.08M | 4M |
| Long-Term Investments | 1.21B | 36.91M | 240.06M | 166.74M | 230.97M | 178.2M | 332.18M | 387.14M | 633.08M | 1.69B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 27.29M | 18.21M | 0 | 0 | 1.13B | 0 | 0 | 884.5M | 1.43B | 610.24M |
| Cash & Equivalents | 27.29M | 18.21M | 25.81M | 8.94M | 76.31M | 38.24M | 51.08M | 64.69M | 111.76M | 610.24M |
| Receivables | 0 | 0 | 278.12M | 353.18M | 416.46M | 518.79M | 645.09M | 790.27M | 745.77M | 2.41B |
| Other Current Assets | 0 | 0 | -304.83M | -362.12M | 634.79M | -575.18M | -713.43M | 0 | 531.98M | 0 |
| Goodwill & Intangibles | 62.35M | 49.93M | 0 | 0 | 63.03M | 0 | 79.96M | 0 | 99.95M | 198.43M |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 62.35M | 49.93M | 0 | 0 | 63.03M | 0 | 79.96M | 0 | 99.95M | 0 |
| PP&E (Net) | -64.05M | -51.36M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 727.77M | 1.07B | -240.06M | -166.74M | 5.88M | -178.2M | 5.09M | 744.58M | 8.03M | 0 |
| Total Liabilities | 2.51B | 955.98M | 878.01M | 892.79M | 951.83M | 1.08B | 1.14B | 1.38B | 1.46B | 1.53B |
| Total Debt | 7.18M | 91.19M | 93.51M | 95.79M | 98.06M | 80.53M | 73.28M | 60.75M | 4.72M | 0 |
| Net Debt | -20.11M | 72.97M | 67.7M | 86.86M | 21.75M | 42.3M | 22.2M | -3.94M | -107.03M | -610.24M |
| Long-Term Debt | 0 | 91.19M | 93.51M | 95.79M | 98.06M | 80.53M | 73.28M | 60.75M | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.72M | 0 |
| Total Current Liabilities | 838.98M | 866.97M | 0 | 0 | 846.61M | 0 | 0 | 127.77M | 1.45B | 0 |
| Accounts Payable | 838.98M | 139.22M | 122.67M | 92.25M | 91.22M | 105.14M | 68.98M | 105.89M | 95.85M | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 227.58M | 0 | 0 | 0 | 361.7M | 0 |
| Other Current Liabilities | -838.98M | -148.86M | -122.67M | -92.25M | 527.8M | -105.14M | -68.98M | 21.88M | 984.07M | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 864.8M | -93.51M | -95.79M | 840.76M | -80.53M | 1.02B | 1.19B | 15.46M | 1.53B |
| Total Equity | 851.43M▲ 0% | 479.46M▼ 43.7% | 477.18M▼ 0.5% | 464.86M▼ 2.6% | 475.66M▲ 2.3% | 503.12M▲ 5.8% | 596.1M▲ 18.5% | 635.88M▲ 6.7% | 707.98M▲ 11.3% | 741.17M▲ 0% |
| Equity Growth % | -4.52% | -43.69% | -0.48% | -2.58% | 2.32% | 5.77% | 18.48% | 6.67% | 11.34% | 26.43% |
| Shareholders Equity | 831.32M | 477.29M | 477.18M | 464.86M | 475.66M | 503.12M | 596.1M | 635.88M | 707.98M | 741.17M |
| Minority Interest | 20.1M | 2.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 324.27M | -26.08M | -30.06M | -27.08M | -9.51M | 21.2M | 108.03M | 150.84M | 225.68M | 261.43M |
| Common Stock | 3.74M | 3.64M | 3.7M | 3.45M | 3.38M | 3.48M | 3.53M | 3.48M | 3.39M | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Equity (ROE) | -5.16% | -52.6% | -0.83% | 0.82% | 3.74% | 5.18% | 15.8% | 6.95% | 11.14% | 11.68% |
| Return on Assets (ROA) | -1.49% | -14.61% | -0.29% | 0.29% | 1.26% | 1.69% | 5.24% | 2.28% | 3.58% | 3.7% |
| Equity / Assets | 25.36% | 33.4% | 35.21% | 34.24% | 33.32% | 31.84% | 34.35% | 31.54% | 32.63% | 32.66% |
| Debt / Equity | 0.01x | 0.19x | 0.20x | 0.21x | 0.21x | 0.16x | 0.12x | 0.10x | 0.01x | 0.01x |
| Book Value per Share | 23.01 | 13.34 | 13.23 | 12.81 | 13.85 | 12.65 | 17.13 | 18.35 | 20.52 | 21.69 |
| Tangible BV per Share | 21.33 | 11.95 | 13.23 | 12.81 | 12.01 | 12.65 | 14.83 | 18.35 | 17.62 | 21.69 |
Greenlight Capital Re, Ltd. (GLRE) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 94.42M | -59.31M | 1.63M | -91.32M | -56.3M | -31.8M | 7.51M | 111.5M | 210.21M | 210.21M |
| Operating CF Growth % | 363.84% | -162.81% | 102.75% | -5699.2% | 38.36% | 43.51% | 123.61% | 1385.33% | 88.52% | 675.03% |
| Operating CF / Revenue % | 14.62% | -24.32% | 0.33% | -19.07% | -9.87% | -6.66% | 1.19% | 17.21% | 30.19% | 29.76% |
| Net Income | -44.95M | -354.33M | -3.99M | 3.87M | 17.58M | 25.34M | 86.83M | 42.82M | 74.83M | 80.95M |
| Depreciation & Amortization | 368K | 2.77M | 2.35M | 2.3M | 2.28M | 79K | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 4.85M | 4.62M | 3.88M | 2.48M | 3.23M | 4.68M | 6.14M | 4.46M | 7.09M | 8.23M |
| Deferred Taxes | 0 | 1.77M | 0 | -21.12M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -40.3M | 328.72M | -40.72M | -750K | -51.81M | -58.59M | -30.89M | -31.8M | -24.76M | 99.17M |
| Working Capital Changes | 174.45M | -42.86M | 40.1M | -78.1M | -27.57M | -3.31M | -54.57M | 96.03M | 153.05M | 48.73M |
| Cash from Investing | -106.53M | -845.26M | 63.33M | 95.63M | 23.09M | 47.02M | -53.13M | -96.56M | -149.17M | -199.26M |
| Capital Expenditures | 0 | 0 | 0 | 0 | -1.23M | -107.25M | 0 | 0 | 0 | -252K |
| Acquisitions | 2.08M | -13.65M | -1.28M | 0 | 1.23M | 60.24M | 0 | 0 | 0 | 0 |
| Purchase of Investments | -1.15B | -800.47M | -50.14M | -82.59M | -119.6M | -78.35M | -7.14M | 0 | -165.43M | -246.76M |
| Sale/Maturity of Investments | 1.12B | 1.14B | 114.08M | 158.35M | 136.59M | 125.36M | 0 | 0 | 2.7M | 13.55M |
| Other Investing | -82.8M | -1.17B | 671K | 19.87M | 6.1M | 47.02M | -46M | -96.56M | 13.56M | 34.2M |
| Cash from Financing | -2.82M | 80.07M | 0 | -17.78M | -10M | -19.83M | -5.29M | -21.24M | -65.14M | -69.19M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -42.5M | 0 | 0 |
| Share Repurchases | -2.82M | -16.5M | 0 | -17.78M | -10M | -35K | 0 | -7.49M | -9.82M | -7M |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | 0 | 1000K | 0 | 0 | 0 | -1000K | -1000K | -1000K | -1000K | -1.94M |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42.5M | 0 | -37.81M |
| Net Change in Cash | -12.57M▲ 0% | -827.87M▼ 6484.5% | 64.67M▲ 107.8% | -13.6M▼ 121.0% | -43.2M▼ 217.7% | -4.55M▲ 89.5% | -50.82M▼ 1016.1% | -6.64M▲ 86.9% | -5.36M▲ 19.4% | -32.52M▲ 0% |
| Exchange Rate Effect | 2.36M | -3.37M | -290K | -122K | 0 | 59K | 100K | -345K | -1.26M | -1.15M |
| Cash at Beginning | 39.86M | 1.53B | 703.23M | 767.91M | 754.31M | 711.1M | 706.55M | 655.73M | 649.09M | 643.73M |
| Cash at End | 27.29M | 703.23M | 767.91M | 754.31M | 711.1M | 706.55M | 655.73M | 649.09M | 643.73M | 610.24M |
| Free Cash Flow | 94.42M▲ 0% | -59.31M▼ 162.8% | 1.63M▲ 102.8% | -91.32M▼ 5699.2% | -57.53M▲ 37.0% | -139.05M▼ 141.7% | 7.51M▲ 105.4% | 111.5M▲ 1385.3% | 210.21M▲ 88.5% | 237.08M▲ 0% |
| FCF Growth % | 363.84% | -162.81% | 102.75% | -5699.2% | 37.01% | -141.72% | 105.4% | 1385.33% | 88.52% | 128.13% |
| FCF Margin % | 14.62% | -24.32% | 0.33% | -19.07% | -10.08% | -29.11% | 1.19% | 17.21% | 30.19% | 33.56% |
| FCF per Share | 2.55 | -1.65 | 0.05 | -2.52 | -1.67 | -3.5 | 0.22 | 3.22 | 6.09 | 6.09 |
Greenlight Capital Re, Ltd. (GLRE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Combined Ratio | 106.94% | 245.17% | 100.71% | 99.1% | 96.26% | 94.87% | 86.25% | 93.28% | 88.75% | 66.44% |
| Medical Cost Ratio | 102.86% | 208.88% | 102.88% | 93.38% | 91.14% | 96.23% | 83.64% | 93.22% | 59.11% | 34.23% |
| Return on Equity (ROE) | -5.16% | -52.6% | -0.83% | 0.82% | 3.74% | 5.18% | 15.8% | 6.95% | 11.14% | 11.68% |
| Return on Assets (ROA) | -1.49% | -14.61% | -0.29% | 0.29% | 1.26% | 1.69% | 5.24% | 2.28% | 3.58% | 3.7% |
| Equity / Assets | 25.36% | 33.4% | 35.21% | 34.24% | 33.32% | 31.84% | 34.35% | 31.54% | 32.63% | 32.66% |
| Book Value / Share | 23.01 | 13.34 | 13.23 | 12.81 | 13.85 | 12.65 | 17.13 | 18.35 | 20.52 | 21.69 |
| Debt / Equity | 0.01x | 0.19x | 0.20x | 0.21x | 0.21x | 0.16x | 0.12x | 0.10x | 0.01x | 0.01x |
| Revenue Growth | 9.74% | -62.23% | 101.52% | -2.56% | 19.14% | -16.27% | 32.39% | 2.47% | 7.47% | 7.94% |
Greenlight Capital Re, Ltd. (GLRE) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 5, 2026·SEC
Apr 6, 2026·SEC
Mar 9, 2026·SEC
Greenlight Capital Re, Ltd. (GLRE) stock FAQ — growth, dividends, profitability & financials explained
Greenlight Capital Re, Ltd. (GLRE) grew revenue by 7.5% over the past year. This is steady growth.
Yes, Greenlight Capital Re, Ltd. (GLRE) is profitable, generating $81.0M in net income for fiscal year 2025 (10.7% net margin).
Greenlight Capital Re, Ltd. (GLRE) has a return on equity (ROE) of 11.1%. This is reasonable for most industries.
Greenlight Capital Re, Ltd. (GLRE) has a combined ratio of 88.8%. A ratio below 100% indicates underwriting profitability.
Greenlight Capital Re, Ltd. (GLRE) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates