RE Everest Re Group Ltd

  1. Stocks
  2. Financial Services
  3. NYSE: RE

Price (delayed)

$257.8

Market cap

$10.16B

P/E Ratio

13.07

Dividend/share

$6.3

EPS

$19.72

Enterprise value

$11.13B

Everest Re Group is a reinsurance company based in Hamilton, Bermuda. In 1973, Everest Re Group was founded as Prudential Reinsurance, a subsidiary of Prudential Financial. In the 1990s, Prudential ...

Highlights
RE's price to earnings (P/E) is 42% lower than its 5-year quarterly average of 22.3 but 26% higher than its last 4 quarters average of 10.3
The revenue has increased by 5% YoY but it has decreased by 2% from the previous quarter
The debt has soared by 62% YoY
Everest Re Group's net income has decreased by 42% QoQ and by 41% YoY
Sector: Financial Services
Industry: Insurance - Reinsurance
Website: https://www.everestre.com/
Peers: RNR MHLD ACGL

Key stats

What are the main financial stats of RE
Market
Shares outstanding
39.41M
Market cap
$10.16B
Enterprise value
$11.13B
Valuations
Price to earnings (P/E)
13.07
Price to book (P/B)
1.15
Price to sales (P/S)
0.86
EV/EBIT
12.09
EV/EBITDA
12.09
EV/Sales
0.95
Earnings
Revenue
$11.78B
EBIT
$920.69M
EBITDA
$920.69M
Free cash flow
$3.77B
Per share
EPS
$19.72
Free cash flow per share
$95.52
Book value per share
$224.48
Revenue per share
$298.61
TBVPS
$961.2
Balance sheet
Total assets
$37.91B
Total liabilities
$29.05B
Debt
$3.09B
Equity
$8.85B
Working capital
N/A
Liquidity
Debt to equity
0.35
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.06
Margins
EBITDA margin
7.8%
Gross margin
13.8%
Net margin
6.6%
Operating margin
7.8%
Efficiency
Return on assets
2.1%
Return on equity
8.1%
Return on invested capital
2.4%
Return on capital employed
N/A
Return on sales
7.8%
Dividend
Dividend yield
2.44%
DPS
$6.3
Payout ratio
31.9%

RE stock price

How has the Everest Re Group stock price performed over time
Intraday
0.84%
1 week
2.16%
1 month
-8.16%
1 year
-1.85%
YTD
-5.88%
QTD
-8.02%

Financial performance

How have Everest Re Group's revenue and profit performed over time
Revenue
$11.78B
Gross profit
$1.62B
Operating income
$920.69M
Net income
$777.62M
Gross margin
13.8%
Net margin
6.6%
The operating margin has contracted by 45% YoY and by 40% from the previous quarter
The net margin has contracted by 45% YoY and by 41% from the previous quarter
The operating income is down by 42% year-on-year and by 41% since the previous quarter
Everest Re Group's net income has decreased by 42% QoQ and by 41% YoY

Growth

What is Everest Re Group's growth rate over time

Valuation

What is Everest Re Group stock price valuation
P/E
13.07
P/B
1.15
P/S
0.86
EV/EBIT
12.09
EV/EBITDA
12.09
EV/Sales
0.95
RE's price to earnings (P/E) is 42% lower than its 5-year quarterly average of 22.3 but 26% higher than its last 4 quarters average of 10.3
The company's EPS fell by 41% QoQ and by 41% YoY
RE's equity is down by 15% year-on-year and by 7% since the previous quarter
RE's P/B is 3.6% above its 5-year quarterly average of 1.1 and 3.6% above its last 4 quarters average of 1.1
The P/S is 22% less than the 5-year quarterly average of 1.1 and 4.4% less than the last 4 quarters average of 0.9
The revenue has increased by 5% YoY but it has decreased by 2% from the previous quarter

Efficiency

How efficient is Everest Re Group business performance
Everest Re Group's return on invested capital has decreased by 49% YoY and by 41% QoQ
Everest Re Group's ROA has decreased by 48% YoY and by 42% from the previous quarter
The company's return on sales fell by 45% YoY and by 40% QoQ
RE's return on equity is down by 40% year-on-year and by 39% since the previous quarter

Dividends

What is RE's dividend history
Dividend details
DPS
$6.3
Dividend yield
2.44%
Payout ratio
31.9%
Recent dividends

Financial health

How did Everest Re Group financials performed over time
The total assets is 30% greater than the total liabilities
The total liabilities has grown by 16% YoY and by 2.1% from the previous quarter
The total assets has grown by 7% year-on-year
The debt is 65% less than the equity
The debt to equity has soared by 94% YoY and by 9% QoQ
The debt has soared by 62% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.