RenaissanceRe Holdings Ltd.

Fire, Marine & Casualty Insurance

RNRMixed8 of 11 basics passed

$331.38

+0.01%

Market cap $13.8B

$331.38

+0.01%

Market cap $13.8B

RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company's core products include property, casualty and specialty reinsurance.

It is a $13.8B financial services company. Revenue shrank 14.0% over the last year, and it keeps 24¢ of every dollar of sales as profit. It trades at 5.2× earnings — around the middle of its own history.

Website: renre.com
Location: Pembroke, D0
Employees: 1 040
Sector: Financial Services

Share price · 3 years

$205.95 → $331.38+60.9%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $11.1B
Profit: keeps 24¢ of every $1 sold; $2.63B
Free cash flow: cash left after running the business; $3.61B
Net cash: more cash than debt; $4.19B
P/E: years of profit in the price; 5.2
EPS: earnings per share, TTM; $55.01
Dividend: pays out 4% of profit · 3% of FCF; 0.77%
Shares: up 109% since 2016 — dilution; 47.9M
Volatility: beta vs the market — under 1 swings less; 0.14

Revenue, last 10 years

52-week range

Low $231.59$331.38High $337.97

Today's price is 94% of the way from the year's low to its high.

P/E vs its history5y

5.3×median 6.0×

Higher than 45% of past days — around the middle of its own history.

Valuation vs own history

P/E

5.3×

55%

P/S

1.2×

40%

EV/EBITDA

3.3×

28%

P/B

0.7×

90%

Share of the last ~5 years that was pricier than today (in line with its own history). Based on the daily valuation record.

Insider activity · 90 days

-$8.32Mnet selling

Purchases$0

Sales$8.32M

Insiders trading, last 14d0 buy · 0 sell

Standing in Financial Services

Size$13.8Btop 70%
Revenue growth+34%top 10%
Net margin23%top 35%
Return on equity23%top 20%
P/E5.2×top 2%
Dividend yield0.77%top 87%

Ranked against 129 Financial Services companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong valuation and profitability; Growth, Quality and Moat lag behind.

Valuation87

P/E vs own history45th pct · 12/25
FCF yield26.2% · 25/25
P/S1.2x · 25/25
EV/EBITDA3.1x · 25/25

Growth45

Revenue CAGR24.9% · 25/25
Net income CAGRn/a · 0/25
EPS CAGR ~5Y12.8% · 20/25
Fwd implied growth-33.1% · 0/25

Profitability95

ROIC36.2% · 25/25
ROE22.7% · 20/25
Net margin23.7% · 25/25
Operating margin42.0% · 25/25

Health53

Altman Z0.47 · 3/25
Current ratio0.55 · 0/25
Interest coverage11.2x · 25/25
Net cash / debtNet cash · 25/25

Quality40

Piotroski F6/9 · 15/25
Beneish M-2.56 · 25/25
FCF conversionn/a · 0/25
Margin stabilityσ 27.0% · 0/25

Moat13

ROIC >12% years6/10 yrs · 13/25
Median gross marginn/a · 0/25
FCF-positive yearsn/a · 0/25
Worst-year net marginworst -21.0% · 0/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2025Financial
Best year on record
$2.68B net income
FY2024Financial
Revenue crossed $10B
$11.7B for the year
2018Acquisition
Media and finance entrepreneur Scott Rudmann acquired a majority stake in the label and began working in…
2017Product
They released a new digital remix of Age of Love's song "The Age of Love" by Solomun that went to…
FY2016Financial
First recorded profitable year
$503M net income
FY2016Financial
Revenue already above $1B
$1.73B in first reported year
FY2016Financial
Positive free cash flow every year since
10-year streak
1999Product
Volume Two (2×CD) Release Date: 1999 ;Focus On * RENFOC1 Neil Quigley – Focus On: Renaissance (1×CD) Release Date: 7…
1994Milestone
Renaissance Music (formerly called Renaissance Recordings) is a British record label and live events promotion…

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$23 704 today — price return only

$12.8B revenue in FY2025

Profitable 3 years in a row

Positive free cash flow 10 years in a row

1 040 employees

ROIC of 36.2%

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Strongly profitable — 23.7% net margin
Strong cash conversion — FCF is 32.4% of revenue
Net cash position after subtracting debt from cash
Interest covered 11.2× by operating earnings
High returns on invested capital (ROIC 36.2%)

Watch-outs

Revenue shrinking 14.0% year over year
Altman Z-Score 0.47 — elevated financial-distress risk
Loss-making in 3 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

8 of 11 checks passed

Revenue growing — the company sells more than a year ago-14.0% YoY
Profitable — makes more than it spends$2.63B TTM
Profit growing — earnings are higher than last year+29.0% YoY
Generates cash — cash left after running and investing$3.61B TTM
Debt under control — could handle its obligationsmore cash than debt
Established company — not a micro-cap — lower blow-up risk$13.8B market cap
Not printing shares — share count not ballooning — you keep your slice+92.3% shares over ~5y
Proven track record — years of profitability behind it7/10 profitable years
Financially stable — balance sheet not near distressAltman Z 0.5 — distress
Pays a dividend — returns cash to shareholdersyield 0.77%
Valuation not extreme — price not wildly above earningsP/E 5.2

Peer comparisonRenaissanceRe Holdings Ltd. vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
RNR this company	$13.8B	5.2	-14.0%	23.7%	Mixed
BRK.A Berkshire Hathaway Inc.	$1.1T	11.6	+3.9%	22.3%	Mixed
BRK.B Berkshire Hathaway	$1.1T	11.6	+0.0%	18.0%	Strong
JPM JPMorgan Chase & Co.	$886.2B	13.6	+13.5%	32.6%	Strained
V VISA Inc.	$723.9B	31.9	+14.4%	50.8%	Solid
MA Mastercard Incorporated	$516.4B	31.7	+16.0%	46.3%	Mixed
BAC Bank of America Corporation	$380.4B	11.3	+15.9%	27.8%	Mixed

Head-to-head: RNR vs BRK.A · RNR vs BRK.B · RNR vs JPM

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 3Buy 5Hold 14Sell 1

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $11.1B · net income $2.63B (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

RevenueNet income

Revenue (TTM)

$11.1B

YoY -14.0%

Net income (TTM)

$2.63B

Margin 23.7%

Operating margin

42.0%

P/E ratio

5.2

Dividend yield

0.77%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	5.2	5.3	5.1	9.1	11.7	12.8
Gross profit	—	—	—	—	—	—
Operating income (EBIT)	1.0	-0.0	-1.2	3.1	3.0	4.0
Net income	0.8	-0.0	-1.1	2.6	1.9	2.7
EPS (diluted)	30.62	-1.57	-25.50	52.27	35.21	56.03

Cash flowFree cash flow $3.61B · operating cash flow $3.61B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$3.61B

Margin 32.4%

Operating cash flow (TTM)

$3.61B

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	2.0	1.2	1.6	1.9	4.2	3.7
Capital expenditure	—	—	—	—	—	—
Free cash flow	2.0	1.2	1.6	1.9	4.2	3.7
FCF margin	38.5%	23.4%	31.7%	20.9%	35.6%	28.7%

Balance sheetAssets $53.8B · net cash $4.19B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $53.8B of assets is financed

75%

25%

Liabilities $34.6B — borrowed moneyEquity $11.6B — owners' stake

Cash vs debt

Total debt $2.30B − cash $6.49B = net cash $4.19B

Cash on hand covers all debt.

Altman Z-Score

0.47

Distress zone

Debt repayment

Not needed

Cash already covers all debt

Interest coverage

11.2x

EBIT ÷ interest expense

ROE

22.7%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	6.7	7.2	5.9	6.5	6.2	6.5
Total assets	30.8	34.0	36.6	49.0	50.7	53.8
Total liabilities	19.9	23.8	26.7	33.5	33.2	34.6
Total debt	1.1	1.2	1.2	2.0	1.9	2.3
Equity	7.6	6.6	5.3	9.5	10.6	11.6
Net debt	-5.6	-6.0	-4.7	-4.5	-4.3	-4.2

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of RNR on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $331.38 · market cap $13.8B.