SiriusPoint Ltd. Gross Margin

Gross Margin of SPNT for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.


Highlights and Quick Summary

  • Gross Margin for the quarter ending March 31, 2022 was -24.13% (a 106.42% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin decreased by -162.71%
  • Annual Gross Margin for 2021 was 21.41% (a -21.6% decrease from previous year)
  • Annual Gross Margin for 2020 was 27.31% (a -8.39% decrease from previous year)
  • Annual Gross Margin for 2019 was 29.81% (a -185.24% decrease from previous year)
  • Twelve month Gross Margin ending March 31, 2022 was 5.2% (a -76.32% decrease compared to previous quarter)
  • Twelve month trailing Gross Margin decreased by -88.79% year-over-year
Trailing Gross Margin for the last four month:
31 Mar '22 31 Dec '21 30 Sep '21 30 Jun '21
5.2% 21.96% 33.32% 46.38%
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Historical Gross Margin of SiriusPoint Ltd.

Most recent Gross Marginof SPNT including historical data for past 10 years.

Interactive Chart of Gross Margin of SiriusPoint Ltd.

SiriusPoint Ltd. Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2022 -24.13%
2021 -11.69% 6.05% 38.48% 62.19% 21.41%
2020 45.24% 37.32% 52.23% 454.26% 27.31%
2019 22.19% -1.93% 34.6% 50.47% 29.81%
2018 441.19% -4.13% 18.0% -2.67% -34.97%
2017 33.21% 42.93% 37.33% 47.34% 53.98%
2016 -27.28% 39.9% 30.46% -41.03% 10.29%
2015 29.87% -1235.84% 22.39% 33.13% -5.51%
2014 0.48% 10.92% 37.94% 41.86% 20.71%
2013 62.82% 50.01% 36.27% 72.4% 56.61%
2012 100.0% 56.63% 100.0% 100.0% 55.04%

Business Profile of SiriusPoint Ltd.

Sector: Financial Services
Industry: Insurance Reinsurance
SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides coverage to various product lines, which includes aviation and space, casualty, contingency, credit and bond, marine and energy, mortgage, and property to insurance and reinsurance companies, government entities, and other risk bearing vehicles. The Insurance & Services segment offers coverage to various product lines comprising accident and health, environmental, workers' compensation, and other lines of business, including a cross section of property and casualty lines. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.