Saturday 17 October 2026
Export GLRE’s income statement to Excel — free account
Greenlight Capital Re, Ltd.
GLRE Financial Insurance Reinsurance
Greenlight Capital Re, Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $729.8 million, up 4.85% from fiscal 2024. In the quarter to June 2026, revenue fell 14.2%, EPS fell 9,000.0%, free cash flow fell 54.2% and total debt fell 85.1%, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.
14.82
0.08
+0.54%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
19.42 | 0.00 | 0.00 | 0.00 | 49.33 | 15.68 | 11.16 | 4.38 | 11.29 | 6.57 |
Piotroski F-Score |
5 | 4 | 2 | 6 | 4 | 6 | 5 | 7 | 4 | 7 |
P/S ratio |
1.48 | 1.17 | 1.69 | 0.68 | 0.55 | 0.46 | 0.52 | 0.57 | 0.69 | 0.68 |
P/FCF ratio |
0.00 | 8.01 | 0.00 | 223.64 | 0.00 | 0.00 | 0.00 | 50.74 | 4.28 | 2.37 |
P/Operating CF |
26.89 | 27.60 | (8.32) | 35.38 | (5.67) | (7.15) | (63.17) | 17.21 | 16.16 | 4.92 |
P/B ratio |
0.98 | 0.90 | 0.65 | 0.76 | 0.57 | 0.56 | 0.55 | 0.64 | 0.75 | 0.70 |
Price to Tangible BV |
0.98 | 0.90 | 0.65 | 0.76 | 0.57 | 0.56 | 0.55 | 0.64 | 0.75 | 0.70 |
EV/Sales |
(0.64) | (1.20) | (1.60) | (0.58) | (0.81) | (0.59) | (0.66) | (0.30) | (0.16) | (0.20) |
EV/EBITDA |
0.00 | 17.42 | 0.84 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
10.46 | (8.20) | 4.93 | (189.84) | 4.32 | 6.13 | 11.00 | (26.85) | (1.00) | (0.69) |
EV/FCF |
10.46 | (8.20) | 4.93 | (189.84) | 4.32 | 6.13 | 11.00 | (26.85) | (1.00) | (0.70) |
Quick Ratio |
5.79 | 4.26 | 2.87 | 3.32 | 3.66 | 3.46 | 2.83 | 3.29 | 3.06 | 2.84 |
Current Ratio |
5.79 | 4.26 | 2.87 | 3.32 | 3.66 | 3.46 | 2.83 | 3.29 | 3.06 | 2.84 |
Net Debt/EBITDA |
(26.10) | 34.44 | 1.73 | (131.97) | (51.16) | (14.76) | (9.33) | (4.27) | (6.31) | (4.82) |
Debt/Assets |
0.00% | 0.00% | 7.02% | 6.90% | 7.06% | 6.87% | 5.10% | 4.22% | 3.01% | 0.22% |
Debt/Equity |
0.00 | 0.00 | 0.21 | 0.20 | 0.21 | 0.21 | 0.16 | 0.12 | 0.10 | 0.01 |
Asset Turnover |
0.22 | 0.21 | 0.08 | 0.39 | 0.36 | 0.42 | 0.35 | 0.40 | 0.37 | 0.35 |
Operating CF/Net income |
(0.80) | (2.10) | 0.17 | (0.41) | (23.62) | (3.20) | (1.25) | 0.09 | 2.60 | 2.81 |
Capex/Depreciation |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.88) | 0.62 |
Interest Coverage |
— | — | (140.32) | 0.44 | 1.68 | 2.19 | 6.14 | 17.21 | 10.02 | 27.85 |
| 5.17% | (5.20%) | (52.96%) | (0.83%) | 0.82% | 3.74% | 5.18% | 15.80% | 6.95% | 11.14% | |
| 1.67% | (1.49%) | (14.61%) | (0.29%) | 0.29% | 1.26% | 1.69% | 5.24% | 2.28% | 3.58% | |
ROIC |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 596.19% | 108.85% | 116.49% |
Return on Tangible Assets |
3.45% | (3.09%) | (50.89%) | (0.56%) | 0.49% | 2.21% | 3.19% | 9.65% | 4.60% | 8.57% |
Average Days of Receivables |
205.72 | 208.18 | 702.15 | 170.57 | 253.59 | 251.42 | 362.94 | 348.36 | 384.93 | 351.91 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
4.39% | 4.08% | 13.75% | 5.54% | 5.45% | 4.99% | 0.00% | 0.00% | 0.00% | 0.00% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.67% | 0.75% | 2.53% | 0.72% | 0.51% | 0.55% | 0.89% | 0.92% | 0.64% | 0.97% |
Graham Net Nets |
(0.24) | (0.81) | 0.32 | 0.39 | 0.75 | 0.61 | 0.55 | 0.40 | 0.01 | (0.23) |
Graham Number |
25.33 | 0.00 | 0.00 | 0.00 | 6.55 | 12.51 | 15.61 | 31.68 | 22.81 | 32.34 |
Earnings Yield |
5.15% | (6.01%) | (111.25%) | (1.09%) | 2.03% | 6.38% | 8.96% | 22.81% | 8.86% | 15.23% |
Free Cash Flow Yield |
(4.12%) | 12.48% | (19.14%) | 0.45% | (34.54%) | (20.99%) | (11.51%) | 1.97% | 23.36% | 42.16% |
Revenue per Share |
15.79 | 17.45 | 5.09 | 14.92 | 13.38 | 17.21 | 15.53 | 19.58 | 20.41 | 21.58 |
Operating CF per Share |
(0.96) | 2.55 | (1.65) | 0.05 | (2.52) | (1.65) | (0.94) | 0.22 | 3.27 | 6.22 |
Capex per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.03) | (0.01) |
Free Cash Flow per Share |
(0.96) | 2.55 | (1.65) | 0.05 | (2.52) | (1.65) | (0.94) | 0.22 | 3.24 | 6.20 |
Cash per Share |
33.34 | 41.38 | 19.56 | 21.28 | 20.85 | 20.79 | 20.84 | 19.25 | 19.04 | 19.04 |
Shareholders Equity per Share |
23.77 | 22.82 | 13.29 | 13.23 | 12.85 | 13.91 | 14.84 | 17.50 | 18.65 | 20.94 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
23.77 | 22.82 | 13.29 | 13.23 | 12.85 | 13.91 | 14.84 | 17.50 | 18.65 | 20.94 |
Free Cash Flow |
(35.79) | 94.42 | (59.31) | 1.63 | (91.32) | (56.30) | (31.80) | 7.51 | 110.43 | 209.77 |
Working Capital |
1,302.02 | 1,453.69 | 687.90 | 712.31 | 792.83 | 793.91 | 795.39 | 899.81 | 930.79 | 873.67 |
Capital Expenditures |
— | — | — | — | — | — | — | — | (1.07) | (0.44) |
Net Current Asset Value |
(204.76) | (613.77) | 97.65 | 141.38 | 197.85 | 164.68 | 153.00 | 153.18 | 2.77 | (114.47) |
EV/EBIT |
0.00 | 17.28 | 0.83 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
18.39 | 0.00 | 0.00 | 0.00 | 61.64 | 12.58 | 4.92 | 2.93 | 5.77 | 3.84 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash ROIC |
(1.68%) | 3.97% | (4.63%) | 0.12% | (6.94%) | (4.38%) | (2.46%) | 0.57% | 8.21% | 15.46% |
Accounts Receivable Turnover |
2.10 | 1.85 | 0.51 | 1.78 | 1.65 | 1.59 | 1.13 | 1.15 | 1.02 | 1.02 |
Accounts Payable Turnover |
1.96 | 1.93 | 1.32 | 1.55 | 1.50 | 1.70 | 1.26 | 1.34 | 1.50 | 1.34 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
188.52 | 231.98 | 251.53 | 218.12 | 239.46 | 223.80 | 327.93 | 259.00 | 260.10 | 280.01 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
280.59 | 349.95 | 360.18 | 301.79 | 293.91 | 370.87 | 464.56 | 580.19 | 685.35 | 718.82 |
Average Payables |
262.35 | 344.14 | 386.55 | 326.57 | 297.73 | 306.07 | 365.88 | 394.12 | 402.87 | 444.00 |
Average Assets |
2,688.61 | 3,011.04 | 2,396.42 | 1,395.32 | 1,356.42 | 1,392.57 | 1,503.94 | 1,657.84 | 1,875.77 | 2,093.00 |
Average Common Equity |
867.29 | 865.03 | 661.01 | 477.48 | 471.02 | 470.26 | 489.39 | 549.61 | 615.99 | 671.93 |
Columns are period end dates