8-K Announcements
6Material company update
May 27, 2025·SEC
Material company update
May 12, 2025·SEC
Material company update
May 1, 2025·SEC
Maiden Holdings North America, Ltd.(MHNC)Earnings, Financials & Key Ratios
MHNC•NYSE•Insurance & Managed Care
Price updated Jun 19, 2026
AboutPart of Maiden Holdings Ltd., Maiden Holdings North America Ltd. provides reinsurance services. The private company is located in the US.Show more
- Revenue$56M-2.9%
- Combined Ratio62.63%-69.3%
- Net Income-$201M-462.6%
- Return on Equity-883.82%-105.3%
- Medical Cost Ratio0%
- Operating Margin37.37%-71.2%
- Net Margin-356.1%-473.4%
- ROA-30.5%-101.1%
- Equity / Assets3.43%-77.7%
MHNC Key Insights
Maiden Holdings North America, Ltd. (MHNC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 7178.2%
✗Weaknesses
- ✗Weak Piotroski F-Score: 1/9
- ✗Shares diluted 14.6% in last year
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 27.1x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Get notified when MHNC posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
MHNC Price & Volume
Maiden Holdings North America, Ltd. (MHNC) stock price & volume — 10-year historical chart
Loading chart...
MHNC Growth Metrics
Maiden Holdings North America, Ltd. (MHNC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-86.48%
3 Years-
TTM2.96%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-363.15%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-18.46%
Return on Capital
10 Years7150.18%
5 Years944.38%
3 Years1542.56%
Last Year3.2%
MHNC Recent Earnings
Maiden Holdings North America, Ltd. (MHNC) EPS & revenue vs analyst estimates — last 4 quarters
Q2 2025Latest
May 12, 2025Metric
Actual
Est
EPS
$0.09
—
Rev
$14M
—
Q2 2025
Mar 10, 2025Metric
Actual
Est
EPS
$0.43
—
Rev
$7M
—
Q4 2024
Nov 12, 2024Metric
Actual
Est
EPS
$0.35
—
Rev
$14M
—
Q3 2024
Aug 8, 2024Metric
Actual
Est
EPS
$0.10
—
Rev
$20M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2025Latest | May 12, 2025 | $0.09 | $14M |
| Q2 2025 | Mar 10, 2025 | $0.43 | $7M |
| Q4 2024 | Nov 12, 2024 | $0.35 | $14M |
| Q3 2024 | Aug 8, 2024 | $0.10 | $20M |
Based on last 8 quarters of dataView full earnings history →
MHNC Peer Comparison
Maiden Holdings North America, Ltd. (MHNC) competitors in Legacy blocks and life policy investors — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 RNR | 12.91B | 299.17 | 5.28 | 9.45% | 26.93% | 16.59% | 0.12 | |
 MKL | 23.11B | 1847.16 | 10.92 | -0.96% | 10.7% | 9.56% | 0.23 | |
 GLRE | 532.98M | 16.07 | 7.41 | 7.47% | 11.46% | 11.68% | 0.01 | |
 PLMR | 2.96B | 111.70 | 15.58 | 58.16% | 20.15% | 21.74% | 0.01 | |
 TRV | 66.56B | 307.81 | 11.22 | 5.17% | 12.88% | 19.12% | 0.28 | |
 HIG | 35.27B | 128.25 | 9.63 | 7.1% | 14.13% | 22.01% | 0.23 | |
 CNA | 12.04B | 44.52 | 9.49 | 5.1% | 8.95% | 11.94% | 0.26 | |
 AFG | 11.04B | 132.90 | 13.18 | -1.26% | 10.34% | 18.25% | 0.38 |
Compare MHNC vs Peers
Maiden Holdings North America, Ltd. (MHNC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MHNC Income Statement
Maiden Holdings North America, Ltd. (MHNC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'20 | Dec'21 | Dec'22 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 419.77B | 983.15B | 1.25T | 1.64T | 0 | 98.72M | 58.13M | 56.44M | 61.54M |
Revenue Growth % | - | 134.21% | 26.94% | 31.44% | -100% | - | -41.11% | -2.92% | 2.96% |
Medical Costs & Claims | 1.25B | 38.73B | 5.81B | 5.03B | 0 | 0 | 0 | 0 | 0 |
Medical Cost Ratio % | 0.3% | 3.94% | 0.47% | 0.31% | - | 0% | 0% | 0% | 0% |
Gross Profit | 418.51B▲ 0% | 944.42B▲ 125.7% | 1.24T▲ 31.5% | 1.64T▲ 31.7% | 0▼ 100.0% | 98.72M▲ 0% | 58.13M▼ 41.1% | 56.44M▼ 2.9% | 5.11M▲ 0% |
Gross Margin % | 99.7% | 96.06% | 99.53% | 99.69% | - | 100% | 100% | 100% | 8.3% |
Gross Profit Growth % | - | 125.66% | 31.53% | 31.65% | -100% | - | -41.11% | -2.92% | - |
Operating Expenses | 14.97B | 0 | 42.18B | 53.89B | 8.48M | 36.02M | 118.53M | 35.35M | 123.14M |
OpEx / Revenue % | 3.57% | 0% | 3.38% | 3.29% | - | 36.49% | 203.89% | 62.63% | 200.1% |
Depreciation & Amortization | 0 | 0 | 0 | 0 | 8.69M | 19.33M | 228.49K | 0 | 11.6K |
Combined Ratio % | 3.87% | 3.94% | 3.85% | 3.59% | - | 36.49% | 203.89% | 62.63% | 200.1% |
Operating Income | 403.54B▲ 0% | 62.4B▼ 84.5% | 1.2T▲ 1823.1% | 1.58T▲ 31.8% | 8.48M▼ 100.0% | 26.66M▲ 214.3% | 75.32M▲ 182.5% | 21.09M▼ 72.0% | 71.82M▲ 0% |
Operating Margin % | 96.13% | 6.35% | 96.15% | 96.41% | - | 27.01% | 129.57% | 37.37% | 116.7% |
Operating Income Growth % | - | -84.54% | 1823.11% | 31.79% | -100% | 214.28% | 182.52% | -72% | - |
EBITDA | 403.54B | 62.4B | 1.2T | 1.58T | 17.17M | 45.99M | 75.55M | 21.09M | 71.83M |
EBITDA Margin % | 96.13% | 6.35% | 96.15% | 96.41% | - | 46.58% | 129.96% | 37.37% | 116.72% |
Interest Expense | 0 | 34.43B | 36.47B | 34.16B | 0 | 19.33M | 19.33M | 19.27M | 28.95M |
Non-Operating Income | 0 | 0 | 1.09T | 1.52T | 0 | 0 | 0 | 201.74M | 0 |
Pretax Income | 18.79B▲ 0% | 62.4B▲ 232.0% | 71.19B▲ 14.1% | 30.45B▼ 57.2% | 0▼ 100.0% | 26.66M▲ 0% | 55.99M▲ 110.0% | -199.91M▼ 457.1% | -151.23M▲ 0% |
Pretax Margin % | 4.48% | 6.35% | 5.7% | 1.86% | - | 27.01% | 96.31% | -354.23% | -245.73% |
Income Tax | 0 | 1.34B | 1.33B | 1.93B | 0 | 15K | 557K | 1.05M | 1.08M |
Effective Tax Rate % | 0% | 2.15% | 1.87% | 6.33% | - | 0.06% | 0.99% | -0.53% | -0.71% |
Net Income | 18.79B▲ 0% | 61.06B▲ 224.9% | 69.87B▲ 14.4% | 28.52B▼ 59.2% | 0▼ 100.0% | 26.64M▲ 0% | 55.43M▲ 108.0% | -200.97M▼ 462.6% | -152.31M▲ 0% |
Net Margin % | 4.48% | 6.21% | 5.6% | 1.74% | - | 26.99% | 95.36% | -356.1% | -247.48% |
Net Income Growth % | - | 224.88% | 14.43% | -59.17% | -100% | - | 108.04% | -462.55% | -363.15% |
EPS (Diluted) | 0.00▲ 0% | 0.00▲ 200.0% | 0.00▲ 11.1% | 0.00▼ 60.0% | 0.00▼ 100.0% | 0.31▲ 0% | 0.64▲ 106.5% | -2.01▼ 414.1% | -1.54▲ 0% |
EPS Growth % | - | - | - | - | - | - | 106.45% | -414.06% | -18.46% |
EPS (Basic) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.31 | 0.64 | -2.01 | - |
Diluted Shares Outstanding | 59.34T | 70.06T | 71.37T | 72.9T | 84.94M | 86.55M | 87.16M | 99.9M | 99.12M |
MHNC Balance Sheet
Maiden Holdings North America, Ltd. (MHNC) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'20 | Dec'21 | Dec'22 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Total Assets | 2.13B | 2.64B | 2.98B | 3.35T | 2.95M | 2.32M | 1.85M | 1.32B | 1.23B |
Asset Growth % | - | 23.88% | 13.11% | 112355.17% | -100% | -21.23% | -20.48% | 71156.17% | -20.48% |
Total Investment Assets | 0 | 0 | 0 | 2.02T | 0 | 822.61K | 160.32K | 0 | 1000K |
Long-Term Investments | 0 | 0 | 0 | 0 | 0 | -66.09K | 80.16K | 0 | 80.16M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 888.7K | 80.16K | 0 | 0 |
Total Current Assets | 131.9M | 107.4M | 96.2M | 570.75B | 1.46M | 908.21K | 1.09M | 55.54M | 65.98M |
Cash & Equivalents | 131.9M | 107.4M | 96.2M | 188.08B | 1.46M | 888.7K | 633.68K | 34.73M | 44.27M |
Receivables | 0 | 0 | 0 | 382.67B | 5.78K | 19.51K | 452.12K | 20.81M | 519.33M |
Other Current Assets | 0 | 0 | 0 | 0 | 0 | -888.7K | -80.16K | 0 | 0 |
Goodwill & Intangibles | 0 | 0 | 0 | 98.75B | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 382.67B | 0 | 0 | 0 | 0 | 0 |
PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Assets | 0 | 0 | 0 | 0 | 0 | 66.09K | 0 | 0 | 0 |
Total Liabilities | 0 | 0 | 0 | 0 | 2.42M | 1.94M | 1.56M | 1.27B | 1.2B |
Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net Debt | -131.9M | -107.4M | -96.2M | -188.08B | -1.46M | -888.66K | -633.68K | -34.73M | -44.27M |
Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | 0 | 0 | 0 | 0 | 0 | 1.94M | 0 | 0 | 0 |
Total Equity | 509.8M▲ 0% | 676.5M▲ 32.7% | 750.2M▲ 10.9% | 768.98B▲ 102403.3% | 527.82K▼ 100.0% | 384.26K▼ 27.2% | 284.58K▼ 25.9% | 45.19M▲ 15780.7% | 37.57M▲ 0% |
Equity Growth % | - | 32.7% | 10.89% | 102403.33% | -100% | -27.2% | -25.94% | 15780.65% | -25.94% |
Shareholders Equity | 509.8M | 676.5M | 750.2M | 768.64B | 527.82K | 384.26K | 284.58K | 45.19M | 37.57M |
Minority Interest | 0 | 0 | 0 | 338M | 0 | 0 | 0 | 0 | 0 |
Retained Earnings | 0 | 0 | 0 | 128.65B | -615.84M | -498.3K | -442.86K | -687.91M | -696.56M |
Common Stock | 0 | 0 | 0 | 732M | 898K | 923K | 1.49K | 1.5M | 1.51M |
Accumulated OCI | 0 | 0 | 0 | 64.06B | 23.86K | -12.21K | -41.23K | -32.73M | -31.93M |
Return on Equity (ROE) | 3686.54% | 10293.85% | 9794.07% | 7.41% | - | 5842.73% | 16575.66% | -883.82% | -405.36% |
Return on Assets (ROA) | 882.93% | 2562.5% | 2486.56% | 1.7% | - | 1010.99% | 2658.94% | -30.5% | -12.34% |
Equity / Assets | 23.95% | 25.66% | 25.15% | 22.93% | 17.9% | 16.54% | 15.41% | 3.43% | 3.04% |
Debt / Equity | - | - | - | - | - | - | - | - | 0.00x |
Book Value per Share | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.45 | 0.38 |
Tangible BV per Share | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.45 | 0.38 |
MHNC Cash Flow Statement
Maiden Holdings North America, Ltd. (MHNC) cash flow — operating, investing & free cash flow history
| Metric | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'20 | Dec'21 | Dec'22 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 589.39B | 41.98B | 151.58B | 181.35B | -541.77M | 0 | -195.93M | -67.45M | -77.5M |
Operating CF Growth % | - | -92.88% | 261.06% | 19.64% | -100.3% | 100% | - | 65.57% | 0% |
Operating CF / Revenue % | 140.41% | 4.27% | 12.15% | 11.05% | - | 0% | -337.04% | -119.51% | -125.93% |
Net Income | 18.79B | 61.06B | 69.86B | 28.53B | 0 | 26.64M | -60.04M | -200.97M | -152.31M |
Depreciation & Amortization | 1.31B | 7.36B | 7.21B | 8.6B | 8.69M | 0 | 0 | 0 | 0 |
Stock-Based Compensation | -1.7B | -5.47B | -3.59B | 22.24B | 0 | 0 | 0 | -5.26M | -11.32M |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 570.98B | -20.96B | 78.1B | 121.99B | -584.02M | -26.09M | -112K | 138.78M | 139M |
Working Capital Changes | 0 | 0 | 0 | 0 | 24.87M | -553.68K | -135.78M | 0 | -25.53M |
Cash from Investing | -716.93B | -173.43B | -125.19B | 13.25B | 596.04M | 0 | 188.79M | 77.74M | 84.17M |
Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions | -108.64B | -13.61B | -4.89B | 635M | 0 | 0 | 0 | 0 | 0 |
Purchase of Investments | -479.24B | -891.47B | -1.03T | -637.31B | -36.82M | 0 | -95.56M | -37.77M | -21.66M |
Sale/Maturity of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 2M |
Other Investing | -458.19B | 531.44B | -710.61B | -374.67B | 127.47M | 0 | 218.74M | 14.57M | 13.03M |
Cash from Financing | 223.71B | 105.89B | -37.24B | -20.92B | -30.13M | 0 | -10.98M | -3.73M | -3.73M |
Dividends Paid | -8.93B | -12.65B | -18.39B | -20.92B | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | -1K | 0 | -1.01M | -3.73M | -3.73M |
Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debt Issuance (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Financing | 232.65B | 118.54B | -18.84B | 0 | -30.13M | 0 | -10.98M | -3.73M | -3.73M |
Net Change in Cash | 96.17B▲ 0% | -24.5B▼ 125.5% | -11.24B▲ 54.1% | -25.14B▼ 123.6% | 28.55M▲ 100.1% | 0▼ 100.0% | -19.46M▲ 0% | 5.41M▲ 127.8% | 1.84M▲ 0% |
Exchange Rate Effect | 0 | 1000K | -1000K | -1000K | 1000K | 0 | -1000K | -1000K | 598K |
Cash at Beginning | 35.73B | 131.9B | 107.4B | 0 | 107.28M | 135.83M | 66.09M | 42.68M | 34.73M |
Cash at End | 131.9B | 107.4B | 96.15B | -25.14B | 135.83M | 135.83M | 46.62M | 48.08M | 43.9M |
Free Cash Flow | 589.39B▲ 0% | 41.98B▼ 92.9% | 151.58B▲ 261.1% | 181.35B▲ 19.6% | -541.77M▼ 100.3% | 0▲ 100.0% | -195.93M▲ 0% | -67.45M▲ 65.6% | -77.5M▲ 0% |
FCF Growth % | - | -92.88% | 261.06% | 19.64% | -100.3% | 100% | - | 65.57% | 22.37% |
FCF Margin % | 140.41% | 4.27% | 12.15% | 11.05% | - | 0% | -337.04% | -119.51% | -125.93% |
FCF per Share | 0.01 | 0 | 0 | 0 | -6.38 | - | -2.25 | -0.68 | -0.78 |
MHNC Key Ratios
Maiden Holdings North America, Ltd. (MHNC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2009 | 2010 | 2011 | 2020 | 2021 | 2022 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|
Combined Ratio | 3.94% | 3.85% | 3.59% | - | 36.49% | 203.89% | 62.63% | 200.1% |
Medical Cost Ratio | 3.94% | 0.47% | 0.31% | - | 0% | 0% | 0% | 0% |
Return on Equity (ROE) | 10293.85% | 9794.07% | 7.41% | - | 5842.73% | 16575.66% | -883.82% | -405.36% |
Return on Assets (ROA) | 2562.5% | 2486.56% | 1.7% | - | 1010.99% | 2658.94% | -30.5% | -12.34% |
Equity / Assets | 25.66% | 25.15% | 22.93% | 17.9% | 16.54% | 15.41% | 3.43% | 3.04% |
Book Value / Share | 0 | 0 | 0.01 | 0.01 | 0 | 0 | 0.45 | 0.38 |
Debt / Equity | - | - | - | - | - | - | - | 0.00x |
Revenue Growth | 134.21% | 26.94% | 31.44% | -100% | - | -41.11% | -2.92% | 2.96% |
Related:MHNC Dividend History·MHNC Revenue History·MHNC Price History·MHNC P/E History·MHNC Financial Ratios·MHNC Institutional Holders
MHNC SEC Filings & Documents
Maiden Holdings North America, Ltd. (MHNC) SEC filings — annual & quarterly reports (10-K, 10-Q)
MHNC Frequently Asked Questions
Maiden Holdings North America, Ltd. (MHNC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Maiden Holdings North America, Ltd. (MHNC) saw revenue decline by 2.9% over the past year.
Maiden Holdings North America, Ltd. (MHNC) reported a net loss of $152.3M for fiscal year 2024.
Dividend & Returns
Maiden Holdings North America, Ltd. (MHNC) has a return on equity (ROE) of -883.8%. Negative ROE indicates the company is unprofitable.
Industry Metrics
Maiden Holdings North America, Ltd. (MHNC) has a combined ratio of 0.0%. A ratio below 100% indicates underwriting profitability.