Renaissancere Historical Income Statement

RNR Stock  USD 215.04  1.46  0.68%   
Historical analysis of Renaissancere Holdings income statement accounts such as Selling General Administrative of 390.6 M, Gross Profit of 22.8 M, Other Operating Expenses of 6.3 B or Operating Income of 2.7 B can show how well Renaissancere Holdings performed in making a profits. Evaluating Renaissancere Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Renaissancere Holdings's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Renaissancere Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Renaissancere Holdings is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renaissancere Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.

About Renaissancere Income Statement Analysis

Renaissancere Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Renaissancere Holdings shareholders. The income statement also shows Renaissancere investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Renaissancere Holdings Income Statement Chart

Renaissancere Holdings Income Statement is one of the three primary financial statements used for reporting Renaissancere's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Renaissancere Holdings revenue and expense. Renaissancere Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Renaissancere Holdings' EBIT is relatively stable compared to the past year. As of 04/17/2024, Total Operating Expenses is likely to grow to about 2.6 B, while Gross Profit is likely to drop slightly above 22.8 M.

Total Revenue

Total revenue comprises all receipts Renaissancere Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Renaissancere Holdings minus its cost of goods sold. It is profit before Renaissancere Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Renaissancere Holdings. It is also known as Renaissancere Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Renaissancere Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Renaissancere Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renaissancere Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.At this time, Renaissancere Holdings' EBIT is relatively stable compared to the past year. As of 04/17/2024, Total Operating Expenses is likely to grow to about 2.6 B, while Gross Profit is likely to drop slightly above 22.8 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses5.4B6.3B6.0B6.3B
Gross Profit5.3B5.0B24.0M22.8M

Renaissancere Holdings income statement Correlations

0.880.520.53-0.790.860.20.830.520.540.00.530.18-0.670.77-0.63-0.64-0.530.34-0.710.820.74-0.86-0.82
0.880.630.64-0.890.80.110.920.640.65-0.050.650.05-0.840.93-0.76-0.79-0.320.48-0.460.720.83-0.92-0.92
0.520.631.0-0.630.51-0.530.291.01.00.291.00.29-0.820.37-0.77-0.82-0.160.95-0.130.680.4-0.7-0.7
0.530.641.0-0.650.51-0.520.31.01.00.271.00.3-0.820.38-0.77-0.82-0.150.95-0.120.690.41-0.72-0.71
-0.79-0.89-0.63-0.65-0.630.09-0.79-0.65-0.67-0.08-0.66-0.030.85-0.750.820.790.03-0.540.25-0.71-0.840.940.97
0.860.80.510.51-0.630.230.740.50.5-0.040.520.13-0.610.7-0.45-0.55-0.720.33-0.750.510.63-0.73-0.71
0.20.11-0.53-0.520.090.230.39-0.53-0.53-0.8-0.510.220.440.340.510.44-0.28-0.59-0.43-0.1-0.010.010.12
0.830.920.290.3-0.790.740.390.30.32-0.190.32-0.09-0.630.97-0.58-0.57-0.310.13-0.50.560.83-0.78-0.8
0.520.641.01.0-0.650.5-0.530.31.00.281.00.29-0.830.38-0.78-0.82-0.130.95-0.110.690.42-0.72-0.72
0.540.651.01.0-0.670.5-0.530.321.00.281.00.28-0.840.4-0.79-0.83-0.130.95-0.110.690.43-0.73-0.73
0.0-0.050.290.27-0.08-0.04-0.8-0.190.280.280.26-0.45-0.41-0.24-0.49-0.39-0.030.230.090.10.170.01-0.12
0.530.651.01.0-0.660.52-0.510.321.01.00.260.3-0.830.4-0.77-0.82-0.130.95-0.110.680.43-0.73-0.73
0.180.050.290.3-0.030.130.22-0.090.290.28-0.450.30.14-0.030.180.07-0.030.37-0.140.38-0.4-0.250.0
-0.67-0.84-0.82-0.820.85-0.610.44-0.63-0.83-0.84-0.41-0.830.14-0.660.960.920.13-0.720.18-0.64-0.780.80.89
0.770.930.370.38-0.750.70.340.970.380.4-0.240.4-0.03-0.66-0.59-0.61-0.250.24-0.410.540.76-0.76-0.76
-0.63-0.76-0.77-0.770.82-0.450.51-0.58-0.78-0.79-0.49-0.770.180.96-0.590.90.03-0.660.11-0.71-0.740.750.84
-0.64-0.79-0.82-0.820.79-0.550.44-0.57-0.82-0.83-0.39-0.820.070.92-0.610.90.1-0.730.14-0.66-0.710.80.83
-0.53-0.32-0.16-0.150.03-0.72-0.28-0.31-0.13-0.13-0.03-0.13-0.030.13-0.250.030.10.030.82-0.24-0.20.210.18
0.340.480.950.95-0.540.33-0.590.130.950.950.230.950.37-0.720.24-0.66-0.730.030.10.560.24-0.61-0.59
-0.71-0.46-0.13-0.120.25-0.75-0.43-0.5-0.11-0.110.09-0.11-0.140.18-0.410.110.140.820.1-0.44-0.360.350.31
0.820.720.680.69-0.710.51-0.10.560.690.690.10.680.38-0.640.54-0.71-0.66-0.240.56-0.440.53-0.79-0.72
0.740.830.40.41-0.840.63-0.010.830.420.430.170.43-0.4-0.780.76-0.74-0.71-0.20.24-0.360.53-0.73-0.85
-0.86-0.92-0.7-0.720.94-0.730.01-0.78-0.72-0.730.01-0.73-0.250.8-0.760.750.80.21-0.610.35-0.79-0.730.96
-0.82-0.92-0.7-0.710.97-0.710.12-0.8-0.72-0.73-0.12-0.730.00.89-0.760.840.830.18-0.590.31-0.72-0.850.96
Click cells to compare fundamentals

Renaissancere Holdings Account Relationship Matchups

Renaissancere Holdings income statement Accounts

201920202021202220232024 (projected)
Interest Expense58.4M50.5M47.5M48.3M73.2M76.8M
Total Revenue4.2B5.2B5.3B5.0B9.1B9.5B
Ebitda702.1M781.7M(82.7M)(1.1B)2.5B2.7B
Net Income748.8M762.4M(103.4M)(1.2B)2.6B2.7B
Depreciation And Amortization(59.0M)16.7M(21.0M)(27.0M)(134.8M)(128.0M)
Selling General Administrative316.9M303.7M253.3M323.5M372.0M390.6M
Gross Profit4.2B5.2B5.3B5.0B24.0M22.8M
Other Operating Expenses3.2B4.2B5.4B6.3B6.0B6.3B
Operating Income761.1M765.1M(61.7M)(1.1B)2.5B2.7B
Ebit761.1M765.1M(61.7M)(1.1B)2.7B2.8B
Total Operating Expenses(3.4B)(4.4B)(5.3B)69.7M2.5B2.6B
Income Before Tax967.5M995.9M(114.1M)(1.2B)3.1B3.3B
Total Other Income Expense Net206.4M230.9M(52.4M)(164.5M)(6.2M)(5.8M)
Income Tax Expense17.2M2.9M(10.7M)(59.0M)(510.1M)(484.6M)
Cost Of Revenue2.2B1.6B2.9B9.1B10.4B10.9B
Net Income Applicable To Common Shares712.0M731.5M(74.1M)(1.1B)(986.9M)(937.6M)
Minority Interest201.5M230.7M63.3M98.6M(892.4M)(847.8M)
Net Income From Continuing Ops984.7M998.8M(103.4M)(1.2B)2.3B2.4B
Preferred Stock And Other Adjustments36.8M30.9M33.3M35.4M40.7M31.6M
Tax Provision17.2M2.9M(10.7M)(59.0M)49.5M52.0M
Interest Income40.7M5.5M78.5M96.2M110.6M116.2M
Net Interest Income(58.4M)(50.5M)(47.5M)(48.3M)(62.4M)(65.5M)
Reconciled Depreciation(59.0M)16.7M(21.0M)(27.0M)(146.8M)(139.5M)

Renaissancere Holdings Investors Sentiment

The influence of Renaissancere Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Renaissancere. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Renaissancere Holdings' public news can be used to forecast risks associated with an investment in Renaissancere. The trend in average sentiment can be used to explain how an investor holding Renaissancere can time the market purely based on public headlines and social activities around Renaissancere Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Renaissancere Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Renaissancere Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Renaissancere Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Renaissancere Holdings.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Renaissancere Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Renaissancere Holdings' short interest history, or implied volatility extrapolated from Renaissancere Holdings options trading.

Currently Active Assets on Macroaxis

When determining whether Renaissancere Holdings is a strong investment it is important to analyze Renaissancere Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Renaissancere Holdings' future performance. For an informed investment choice regarding Renaissancere Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renaissancere Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Renaissancere Stock analysis

When running Renaissancere Holdings' price analysis, check to measure Renaissancere Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renaissancere Holdings is operating at the current time. Most of Renaissancere Holdings' value examination focuses on studying past and present price action to predict the probability of Renaissancere Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renaissancere Holdings' price. Additionally, you may evaluate how the addition of Renaissancere Holdings to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Money Managers
Screen money managers from public funds and ETFs managed around the world
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Is Renaissancere Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Renaissancere Holdings. If investors know Renaissancere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Renaissancere Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.914
Dividend Share
1.52
Earnings Share
52.26
Revenue Per Share
193.209
Quarterly Revenue Growth
0.598
The market value of Renaissancere Holdings is measured differently than its book value, which is the value of Renaissancere that is recorded on the company's balance sheet. Investors also form their own opinion of Renaissancere Holdings' value that differs from its market value or its book value, called intrinsic value, which is Renaissancere Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Renaissancere Holdings' market value can be influenced by many factors that don't directly affect Renaissancere Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Renaissancere Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Renaissancere Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renaissancere Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.