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Slide Insurance Holdings, Inc. Common Stock (SLDE) 10-Year Financial Performance & Capital Metrics

SLDE • • Insurance & Managed Care
Financial ServicesProperty & Casualty InsurancePersonal Lines InsuranceFlorida-Focused Residential
AboutSlide Insurance Holdings, Inc. operates as a holding company. The company, through its subsidiaries, focuses on underwriting of single family and condominium policies in the property and casualty industry.Show more
  • Revenue $847M +80.7%
  • Combined Ratio 68.12% -9.0%
  • Net Income $201M +130.2%
  • Return on Equity 59.97% +28.0%
  • Medical Cost Ratio 50.22% -6.6%
  • Operating Margin 31.88% +27.0%
  • Net Margin 23.75% +27.4%
  • ROA 13.37% +36.3%
  • Equity / Assets 22.42% +1.6%
  • Book Value per Share 3.47 +82.3%
  • Tangible BV/Share 3.38 +92.7%
  • Debt/Equity 0.11 -37.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Profitable underwriting: 68.1% combined ratio
  • ✓Excellent 3Y average ROE of 41.1%
  • ✓Strong Piotroski F-Score: 8/9
  • ✓Low loss ratio of 50.2%

✗Weaknesses

  • ✗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-
TTM37.41%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM119.13%

EPS CAGR

10Y-
5Y-
3Y-
TTM111.81%

ROCE

10Y Avg15.58%
5Y Avg15.58%
3Y Avg15.58%
Latest17.95%

Peer Comparison

Florida-Focused Residential
Select Columns
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
HCIHCI Group, Inc.2.29B176.4619.8536.26%24.97%23.84%14.33%0.40
UVEUniversal Insurance Holdings, Inc.832.49M29.6814.779.27%7.74%24.72%15.61%0.27
HRTGHeritage Insurance Holdings, Inc.803.7M26.0012.9411.08%17.72%34.12%9.81%0.49
SLDESlide Insurance Holdings, Inc. Common Stock2.06B16.6110.3280.74%33.29%36.16%26.34%0.11
AIIAmerican Integrity Insurance Group, Inc.371.96M19.009.791.73%31.63%27.59%39.68%0.02
ACICAmerican Coastal Insurance Corporation550.56M11.297.3812.51%26%26.04%44.23%0.65

Profit & Loss

Dec 2022Dec 2023Dec 2024
Revenue+242.43M468.53M846.81M
Revenue Growth %-0.93%0.81%
Medical Costs & Claims+166.97M251.83M425.26M
Medical Cost Ratio %---
Gross Profit+75.46M216.7M421.55M
Gross Margin %---
Gross Profit Growth %-1.87%0.95%
Operating Expenses+45.44M99.06M151.58M
OpEx / Revenue %---
Depreciation & Amortization5.93M8.73M10.31M
Combined Ratio %---
Operating Income+30.01M117.64M269.98M
Operating Margin %---
Operating Income Growth %-2.92%1.29%
EBITDA+35.95M126.37M280.29M
EBITDA Margin %---
Interest Expense489K2.4M3.75M
Non-Operating Income-489K-2.4M-3.75M
Pretax Income+30.01M117.64M269.98M
Pretax Margin %---
Income Tax+7.71M30.27M68.85M
Effective Tax Rate %---
Net Income+22.3M87.37M201.13M
Net Margin %---
Net Income Growth %-2.92%1.3%
EPS (Diluted)+1.060.701.61
EPS Growth %--0.34%1.3%
EPS (Basic)1.060.701.61
Diluted Shares Outstanding21.06M124.93M124.93M

Balance Sheet

Dec 2022Dec 2023Dec 2024
Total Assets+704.97M1.08B1.93B
Asset Growth %-0.53%0.79%
Total Investment Assets+28.5M275.43M469.51M
Long-Term Investments27M270.21M464.97M
Short-Term Investments026.04M56.67M
Total Current Assets+000
Cash & Equivalents176.65M334.55M493.41M
Receivables1000K1000K1000K
Other Current Assets-553.4M-633.2M-1.11B
Goodwill & Intangibles+26.34M18.16M10.29M
Goodwill2.6M2.6M2.6M
Intangible Assets23.73M15.56M7.69M
PP&E (Net)12.93M12.48M21.97M
Other Assets-66.26M-300.85M-497.23M
Total Liabilities569.62M839.1M1.5B
Total Debt+32.13M42.31M48.25M
Net Debt-144.52M-292.24M-445.16M
Long-Term Debt24.14M35.09M39.19M
Short-Term Debt000
Total Current Liabilities+000
Accounts Payable12.31M42.48M92.56M
Deferred Revenue000
Other Current Liabilities-22.75M-69.79M-137.71M
Deferred Taxes000
Other Liabilities-32.22M-42.4M-48.34M
Total Equity+135.34M237.6M433.16M
Equity Growth %-0.76%0.82%
Shareholders Equity135.34M237.6M433.16M
Minority Interest000
Retained Earnings20.69M108.07M309.19M
Common Stock112K102K102K
Accumulated OCI-458K2.59M285K
Return on Equity (ROE)0.16%0.47%0.6%
Return on Assets (ROA)0.03%0.1%0.13%
Equity / Assets---
Debt / Equity0.24x0.18x0.11x
Book Value per Share6.431.903.47
Tangible BV per Share---

Cash Flow

Dec 2022Dec 2023Dec 2024
Cash from Operations+157.12M443M553.89M
Operating CF Growth %-1.82%0.25%
Operating CF / Revenue %---
Net Income22.3M87.37M201.13M
Depreciation & Amortization5.93M8.73M10.31M
Stock-Based Compensation1.36M2.28M2.88M
Deferred Taxes-2.31M-9.93M-5.12M
Other Non-Cash Items-6K6.69M-3.08M
Working Capital Changes129.84M347.85M347.76M
Cash from Investing+-52.1M-250.33M-204M
Capital Expenditures-5.27M-8.68M-10.09M
Acquisitions-2.81M00
Purchase of Investments-29.52M-256.21M-234.6M
Sale/Maturity of Investments411K1000K1000K
Other Investing-14.91M00
Cash from Financing+23.1M20.5M-2.41M
Dividends Paid000
Share Repurchases0-4M0
Stock Issued011K0
Debt Issuance (Net)1000K1000K1000K
Other Financing00-9.29M
Net Change in Cash+128.11M213.17M347.48M
Exchange Rate Effect000
Cash at Beginning101.08M229.19M442.36M
Cash at End229.19M442.36M789.84M
Free Cash Flow+136.94M434.32M543.8M
FCF Growth %-2.17%0.25%
FCF Margin %---
FCF per Share6.53.484.35

Key Ratios

Metric202220232024
Combined Ratio87.62%74.89%68.12%
Medical Cost Ratio68.87%53.75%50.22%
Return on Equity (ROE)16.48%46.86%59.97%
Return on Assets (ROA)3.16%9.81%13.37%
Equity / Assets19.2%22.07%22.42%
Book Value / Share6.431.93.47
Debt / Equity0.24x0.18x0.11x
Revenue Growth-93.26%80.74%

Frequently Asked Questions

Valuation & Price

Slide Insurance Holdings, Inc. Common Stock (SLDE) has a price-to-earnings (P/E) ratio of 10.3x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Slide Insurance Holdings, Inc. Common Stock (SLDE) grew revenue by 80.7% over the past year. This is strong growth.

Yes, Slide Insurance Holdings, Inc. Common Stock (SLDE) is profitable, generating $348.7M in net income for fiscal year 2024 (23.8% net margin).

Dividend & Returns

Slide Insurance Holdings, Inc. Common Stock (SLDE) has a return on equity (ROE) of 60.0%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

Slide Insurance Holdings, Inc. Common Stock (SLDE) has a combined ratio of 68.1%. A ratio below 100% indicates underwriting profitability.

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