Tiptree (TIPT) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.0B
Net Income
87.7M
4.29%
EPS (Diluted)
$1.30
Balance Sheet Metrics
Total Assets
5.7B
Total Liabilities
5.0B
Shareholders Equity
656.8M
Debt to Equity
7.67
Cash Flow Metrics
Operating Cash Flow
-111.4M
Free Cash Flow
236.7M
Revenue & Profitability Trend
Tiptree Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.0B | 1.6B | 1.4B | 1.2B | 810.3M |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 336.4M | 297.7M | 297.7M | 331.9M | 267.3M |
| Operating Income | - | - | - | - | - |
| Pre-tax Income | 149.3M | 83.1M | 54.0M | 65.3M | -38.9M |
| Income Tax | 61.7M | 43.1M | 50.4M | 21.3M | -13.6M |
| Net Income | 87.7M | 40.0M | 3.6M | 44.1M | -25.2M |
| EPS (Diluted) | $1.30 | $0.33 | -$0.23 | $1.09 | -$0.86 |
Income Statement Trend
Tiptree Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | - | - | - | - | - |
| Non-Current Assets | - | - | - | - | - |
| Total Assets | 5.7B | - | - | - | - |
| Liabilities | |||||
| Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 5.0B | - | - | - | - |
| Equity | |||||
| Total Shareholders Equity | 656.8M | 576.6M | 533.6M | 400.2M | 373.5M |
Balance Sheet Composition
Tiptree Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 87.7M | 40.0M | 3.6M | 44.1M | -25.2M |
| Operating Cash Flow | -111.4M | -293.9M | 254.5M | 187.1M | 100.6M |
| Investing Activities | |||||
| Capital Expenditures | -4.0M | -14.0M | -10.7M | -2.8M | -6.7M |
| Investing Cash Flow | -323.0M | -244.7M | 9.5M | -273.8M | -127.0M |
| Financing Activities | |||||
| Dividends Paid | -24.8M | -13.7M | -7.8M | -5.4M | -5.6M |
| Financing Cash Flow | 6.3M | 113.4M | -148.2M | 73.7M | 31.7M |
| Free Cash Flow | 236.7M | 57.4M | 452.3M | 201.6M | 133.5M |
Cash Flow Trend
Tiptree Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
17.53
Price to Book
1.68
Price to Sales
0.39
PEG Ratio
0.06
Profitability Ratios
Profit Margin
2.45%
Operating Margin
7.18%
Return on Equity
13.22%
Return on Assets
2.08%
Financial Health
Current Ratio
0.90
Debt to Equity
86.45
Beta
1.14
Per Share Data
EPS (TTM)
$1.21
Book Value per Share
$12.64
Revenue per Share
$55.17
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| tipt | 795.3M | 17.53 | 1.68 | 13.22% | 2.45% | 86.45 |
| Ryan Specialty | 17.5B | 184.89 | 15.46 | 18.19% | 1.95% | 365.74 |
| Fidelity National | 15.0B | 13.53 | 1.90 | 14.49% | 8.39% | 54.22 |
| Employers Holdings | 1.1B | 11.26 | 1.04 | 9.84% | 11.99% | 0.35 |
| Amerisafe | 848.3M | 17.96 | 3.25 | 16.89% | 15.76% | 0.00 |
| Investors Title | 381.6M | 12.89 | 1.50 | 11.69% | 11.38% | 3.29 |
Financial data is updated regularly. All figures are in the company's reporting currency.