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GLRE Financials GREENLIGHT CAPITAL RE, LTD.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 8.6% per year over the past 5 years.
  • Net income has grown faster than revenue (80.9% vs 8.6% per year).

Financial health

  • The company holds more cash ($112M) than total debt ($5M).
  • Total debt has grown slower than revenue (-61.1% vs 8.6% per year).
Revenue & net income
-$350M $207M $764M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-265% -118% 30% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-73% -26% 21% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$134M -$67M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $674M $1B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$845M -$318M $210M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $730M $75M 0.0% 0.0% 10.6% 3.4% — $5M $112M
2024 $696M $43M 0.0% 0.0% 6.7% 2.1% — $61M $65M
2023 $667M $87M 0.0% 0.0% 14.6% 5.0% — $73M $51M
2022 $527M $25M 0.0% 0.0% 5.0% 1.6% — $81M $38M
2021 $589M $18M 0.0% 0.0% 3.7% 1.2% — — $76M
2020 $484M $4M 0.0% 0.0% 0.8% 0.3% — — $9M
2019 $538M -$4M 0.0% 0.0% -0.8% -0.3% — — $26M
2018 $183M -$350M 0.0% 0.0% -73.3% -24.4% — — $18M
2017 $646M -$45M 0.0% 0.0% -5.4% -1.3% — — $27M
2016 $588M $45M 0.0% 0.0% 5.1% 1.7% — — $1.2B
2015 $123M -$326M 0.0% 0.0% -39.5% -12.0% -$57M — $1.3B
2014 $480M $110M 0.0% 0.0% 9.4% 3.7% -$134M — $12M
2013 $764M $226M 0.0% 0.0% 21.5% 7.3% -$94M — $4M
2012 $545M $15M 0.0% 0.0% 1.8% 0.5% -$51M — $22M
2011 $403M $7M 0.0% 0.0% 0.8% 0.3% -$26M — $42M

Valuation over time

How the market has priced GLRE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 7.3 14.5 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 0.4 0.8 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is GLRE growing its revenue and profit?

Over the past 5 years, GREENLIGHT CAPITAL RE, LTD.'s revenue has grown 8.6% per year, and net income grown 80.9% per year. These are computed facts, not advice.

How much debt does GLRE have?

As of FY2025, GREENLIGHT CAPITAL RE, LTD. reported $5M of total debt against $112M of cash.

What is GLRE's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 10.3%.

What is GLRE's P/E ratio?

GREENLIGHT CAPITAL RE, LTD.'s P/E (TTM) is 8.29 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the GLRE stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 6.5× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.