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Kestrel Group, Ltd. (KG) 10-Year Financial Performance & Capital Metrics

KG • • Insurance & Managed Care
Financial ServicesReinsuranceProperty & Casualty ReinsuranceRegional & Niche Property Reinsurers
AboutKestrel Group Ltd. engages in provides reinsurance products and services to regional and specialty property and casualty insurers. It operates through the following segments: Legacy Reinsurance, Insurance Programs, and Corporate. The Legacy Reinsurance segment focuses on the results of operations of all businesses of the company and its subsidiaries. The Insurance Programs segment refers to the results of operations of all businesses of Kestrel Group LLC. The Corporate segment relates to the general corporate and management-related expenses of the company and its subsidiaries. The company is headquartered in Hamilton, Bermuda.Show more
  • Revenue $5M +294.7%
  • Combined Ratio 97.3% -77.6%
  • Net Income $324K +107.7%
  • Return on Equity 0.22% +113.9%
  • Medical Cost Ratio 64.8% -75.6%
  • Operating Margin 2.7% +100.8%
  • Net Margin 6.18% +101.9%
  • ROA 0.07% +122.5%
  • Equity / Assets 962.2% +3586.5%
  • Book Value per Share 9.05 -72.0%
  • Tangible BV/Share 9.05 -72.0%
  • Debt/Equity 5.65 +448203.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Share count reduced 35.1% through buybacks
  • ✓Trading at only 1.0x book value

✗Weaknesses

  • ✗High debt to equity ratio of 5.6x
  • ✗Weak momentum: RS Rating 3 (bottom 3%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-62.4%
TTM-50.51%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-76.7%
TTM-400.91%

EPS CAGR

10Y-
5Y-
3Y-
TTM-77.58%

ROCE

10Y Avg0.55%
5Y Avg0.55%
3Y Avg-2.45%
Latest0.03%

Peer Comparison

Regional & Niche Property Reinsurers
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
KGKestrel Group, Ltd.73.01M9.43-0.23294.7%-370.55%-70.78%5.65
OXBROxbridge Re Holdings Limited9.42M1.23-2.73107.75%-128.35%-45.24%0.06

Profit & Loss

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+186.59M98.72M58.13M1.33M5.25M
Revenue Growth %--0.47%-0.41%-0.98%2.95%
Medical Costs & Claims+0003.53M3.4M
Medical Cost Ratio %-----
Gross Profit+186.59M98.72M58.13M-2.2M1.85M
Gross Margin %-----
Gross Profit Growth %--0.47%-0.41%-1.04%1.84%
Operating Expenses+0002.25M1.71M
OpEx / Revenue %-----
Depreciation & Amortization00000
Combined Ratio %-----
Operating Income+66.88M30.55M-49.32M-4.45M141.76K
Operating Margin %-----
Operating Income Growth %--0.54%-2.61%0.91%1.03%
EBITDA+55.88M38.24M-41.06M-4.45M141.76K
EBITDA Margin %-----
Interest Expense19.32M19.33M19.33M00
Non-Operating Income10.99M-7.68M-8.26M00
Pretax Income+41.66M26.66M-60.6M-4.22M354.31K
Pretax Margin %-----
Income Tax+-104K15K-557K030.04K
Effective Tax Rate %-----
Net Income+41.76M25.62M-60.35M-4.22M324.27K
Net Margin %-----
Net Income Growth %--0.39%-3.36%0.93%1.08%
EPS (Diluted)+18.9627.1012.65-0.55-40.23
EPS Growth %-0.43%-0.53%-1.04%-72.15%
EPS (Basic)18.9627.1012.65-0.55-40.23
Diluted Shares Outstanding4.22M4.3M4.36M7.7M5M

Balance Sheet

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+2.95B2.32B1.85B954.6M4.7M
Asset Growth %--0.21%-0.2%-0.48%-1%
Total Investment Assets+00000
Long-Term Investments00000
Short-Term Investments00000
Total Current Assets+1.5B1.36B1.13B5.59M4.47M
Cash & Equivalents135.83M66.09M46.62M5.55M4.29M
Receivables0000153.94K
Other Current Assets1.5B1.36B1.07B37.31K33.16K
Goodwill & Intangibles+00000
Goodwill00000
Intangible Assets00000
PP&E (Net)000292.33K223.46K
Other Assets00000
Total Liabilities2.42B1.94B1.56B705.44M699.48M
Total Debt+255.13M255.35M255.57M314K255.28M
Net Debt119.3M189.26M208.95M-5.24M250.99M
Long-Term Debt255.13M255.35M255.57M254.6M254.76M
Short-Term Debt000201K277K
Total Current Liabilities+1.95B1.53B1.19B2.23M735.91K
Accounts Payable0001.72M298.65K
Deferred Revenue00000
Other Current Liabilities1.95B1.53B1.19B236.28K84.77K
Deferred Taxes00000
Other Liabilities-330.07M-304.31M-303.28M-327.86M-363.64M
Total Equity+527.82M384.26M284.58M249.16M45.19M
Equity Growth %--0.27%-0.26%-0.12%-0.82%
Shareholders Equity527.82M384.26M284.58M249.16M45.19M
Minority Interest00000
Retained Earnings-615.84M-498.3M-442.86M-486.94M-687.91M
Common Stock898K923K1.49M1.5M1.5M
Accumulated OCI23.86M-12.21M-41.23M-6.67M-32.73M
Return on Equity (ROE)0.08%0.06%-0.18%-0.02%0%
Return on Assets (ROA)0.01%0.01%-0.03%-0%0%
Equity / Assets-----
Debt / Equity0.48x0.66x0.90x0.00x5.65x
Book Value per Share125.1789.2965.3332.359.05
Tangible BV per Share-----

Cash Flow

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-541.77M-394.43M-195.93M-2.49M-67.45M
Operating CF Growth %-0.27%0.5%0.99%-26.14%
Operating CF / Revenue %-----
Net Income41.76M25.62M-60.35M-4.22M-200.97M
Depreciation & Amortization00000
Stock-Based Compensation00059.7K0
Deferred Taxes00000
Other Non-Cash Items-9.89M-18.84M-2.71M66.41K-19.87M
Working Capital Changes-573.65M-401.22M-132.87M1.6M153.39M
Cash from Investing+596.04M464.06M188.79M077.74M
Capital Expenditures00000
Acquisitions002.73M00
Purchase of Investments-532.07M-367.29M-191.87M0-565.15M
Sale/Maturity of Investments1000K1000K1000K01000K
Other Investing-608K396K-88K0-328K
Cash from Financing+-30.13M-138.9M-10.98M0-3.73M
Dividends Paid00000
Share Repurchases-30.13M-138.74M-10.99M0-3.73M
Stock Issued0010K00
Debt Issuance (Net)00000
Other Financing0-166K000
Net Change in Cash+28.55M-69.74M-19.46M-2.49M-7.94M
Exchange Rate Effect1000K-470K-1000K0-1000K
Cash at Beginning107.28M135.83M66.09M8.04M42.68M
Cash at End135.83M66.09M46.62M5.55M34.73M
Free Cash Flow+-541.77M-394.43M-195.93M-2.49M-67.45M
FCF Growth %-0.27%0.5%0.99%-26.14%
FCF Margin %-----
FCF per Share-128.48-91.65-44.98-0.32-13.5

Key Ratios

Metric20202021202220232024
Combined Ratio0%0%0%434.22%97.3%
Medical Cost Ratio0%0%0%265.05%64.8%
Return on Equity (ROE)7.91%5.62%-18.05%-1.58%0.22%
Return on Assets (ROA)1.42%0.97%-2.9%-0.3%0.07%
Equity / Assets17.9%16.54%15.41%26.1%962.2%
Book Value / Share125.1789.2965.3332.359.05
Debt / Equity0.48x0.66x0.90x0.00x5.65x
Revenue Growth--47.09%-41.11%-97.71%294.7%

Frequently Asked Questions

Growth & Financials

Kestrel Group, Ltd. (KG) grew revenue by 294.7% over the past year. This is strong growth.

Kestrel Group, Ltd. (KG) reported a net loss of $101.8M for fiscal year 2024.

Dividend & Returns

Kestrel Group, Ltd. (KG) has a return on equity (ROE) of 0.2%. This is below average, suggesting room for improvement.

Industry Metrics

Kestrel Group, Ltd. (KG) has a combined ratio of 97.3%. A ratio below 100% indicates underwriting profitability.

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