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RenaissanceRe Holdings Ltd.

RNR

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
11,648
Cost of Revenue
7,977
Gross Profit
3,671
Gross Margin
31.5%
Operating Income
2,993
Operating Margin
25.7%
Net Income
1,870
Net Margin
16.1%
EPS (Basic)
$35.31
EPS (Diluted)
$35.21
EBITDA
3,345
EBITDA Margin
28.7%

2023

12/31/2023

Revenue
9,091
Cost of Revenue
5,449
Gross Profit
3,643
Gross Margin
40.1%
Operating Income
3,110
Operating Margin
34.2%
Net Income
2,561
Net Margin
28.2%
EPS (Basic)
$52.40
EPS (Diluted)
$52.27
EBITDA
3,048
EBITDA Margin
33.5%

2022

12/31/2022

Revenue
5,049
Cost of Revenue
5,907
Gross Profit
-858
Gross Margin
-17.0%
Operating Income
-1,219
Operating Margin
-24.1%
Net Income
-1,061
Net Margin
-21.0%
EPS (Basic)
$-25.50
EPS (Diluted)
$-25.50
EBITDA
-1,197
EBITDA Margin
-23.7%

2021

12/31/2021

Revenue
5,265
Cost of Revenue
5,091
Gross Profit
174
Gross Margin
3.3%
Operating Income
-114
Operating Margin
-2.2%
Net Income
-40
Net Margin
-0.8%
EPS (Basic)
$-1.57
EPS (Diluted)
$-1.57
EBITDA
-88
EBITDA Margin
-1.7%

2020

12/31/2020

Revenue
5,155
Cost of Revenue
3,822
Gross Profit
1,333
Gross Margin
25.9%
Operating Income
996
Operating Margin
19.3%
Net Income
762
Net Margin
14.8%
EPS (Basic)
$15.34
EPS (Diluted)
$15.31
EBITDA
1,063
EBITDA Margin
20.6%