Tiptree Inc. (TIPT)
NASDAQ: TIPT · Real-Time Price · USD
21.50
+0.04 (0.19%)
Nov 21, 2024, 1:37 PM EST - Market open
Tiptree Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Premiums & Annuity Revenue | 1,407 | 1,128 | 904.77 | 685.55 | 477.99 | 499.11 | Upgrade
|
| Total Interest & Dividend Income | 29.31 | 26.67 | 12.22 | 17.9 | 9.92 | 14.02 | Upgrade
|
| Gain (Loss) on Sale of Investments | 17.33 | -8.98 | -28.98 | 8.6 | -89.87 | 8.36 | Upgrade
|
| Other Revenue | 532.3 | 503.5 | 474.94 | 488.47 | 412.26 | 243.65 | Upgrade
|
| Total Revenue | 1,986 | 1,649 | 1,363 | 1,201 | 810.3 | 765.13 | Upgrade
|
| Revenue Growth (YoY) | 27.40% | 20.99% | 13.53% | 48.16% | 5.90% | 22.26% | Upgrade
|
| Policy Benefits | 803.5 | 601.79 | 452.61 | 327.01 | 236.9 | 170.68 | Upgrade
|
| Policy Acquisition & Underwriting Costs | 644.37 | 603.03 | 522.69 | 396.68 | 280.21 | 303.06 | Upgrade
|
| Depreciation & Amortization | 22.25 | 23.47 | 22.97 | 24.44 | 17.58 | 13.57 | Upgrade
|
| Selling, General & Administrative | 31.16 | 23.74 | 26.85 | 27.67 | 21.65 | 18.7 | Upgrade
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| Other Operating Expenses | 127.22 | 112.22 | 110.19 | 125.04 | 94.72 | 85.86 | Upgrade
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| Total Operating Expenses | 1,813 | 1,535 | 1,309 | 1,097 | 816.22 | 715.29 | Upgrade
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| Operating Income | 172.38 | 113.57 | 54.2 | 103.02 | -5.92 | 49.84 | Upgrade
|
| Interest Expense | -31.39 | -27.69 | -30.24 | -37.67 | -32.58 | -27.06 | Upgrade
|
| EBT Excluding Unusual Items | 140.99 | 85.88 | 23.96 | 65.34 | -38.5 | 22.78 | Upgrade
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| Merger & Restructuring Charges | -0.35 | -2.82 | -4.75 | - | - | - | Upgrade
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| Gain (Loss) on Sale of Assets | - | - | 34.8 | - | - | 7.6 | Upgrade
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| Other Unusual Items | -3.46 | - | - | - | -0.35 | -1.24 | Upgrade
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| Pretax Income | 137.19 | 83.05 | 54.01 | 65.34 | -38.85 | 29.14 | Upgrade
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| Income Tax Expense | 62.74 | 43.06 | 50.45 | 21.29 | -13.63 | 9.02 | Upgrade
|
| Earnings From Continuing Ops. | 74.46 | 40 | 3.56 | 44.05 | -25.23 | 20.12 | Upgrade
|
| Net Income to Company | 74.46 | 40 | 3.56 | 44.05 | -25.23 | 20.12 | Upgrade
|
| Minority Interest in Earnings | -33.77 | -26.05 | -11.84 | -5.92 | -3.93 | -1.76 | Upgrade
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| Net Income | 40.69 | 13.95 | -8.27 | 38.13 | -29.16 | 18.36 | Upgrade
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| Preferred Dividends & Other Adjustments | 0.31 | 0.1 | - | 0.7 | - | 0.47 | Upgrade
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| Net Income to Common | 40.37 | 13.85 | -8.27 | 37.43 | -29.16 | 17.89 | Upgrade
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| Net Income Growth | 411.72% | - | - | - | - | -23.28% | Upgrade
|
| Shares Outstanding (Basic) | 37 | 37 | 36 | 33 | 34 | 35 | Upgrade
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| Shares Outstanding (Diluted) | 38 | 38 | 36 | 34 | 34 | 35 | Upgrade
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| Shares Change (YoY) | 1.39% | 5.88% | 5.47% | -0.51% | -2.08% | -0.40% | Upgrade
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| EPS (Basic) | 1.10 | 0.38 | -0.23 | 1.13 | -0.86 | 0.52 | Upgrade
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| EPS (Diluted) | 0.97 | 0.33 | -0.23 | 1.09 | -0.86 | 0.50 | Upgrade
|
| EPS Growth | 357.81% | - | - | - | - | -27.99% | Upgrade
|
| Free Cash Flow | 144.93 | 57.42 | 452.35 | 201.55 | 133.48 | 15.22 | Upgrade
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| Free Cash Flow Per Share | 3.84 | 1.53 | 12.73 | 5.98 | 3.94 | 0.44 | Upgrade
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| Dividend Per Share | 0.230 | 0.200 | 0.160 | 0.160 | 0.160 | 0.160 | Upgrade
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| Dividend Growth | 21.05% | 25.00% | 0% | 0% | 0% | 14.29% | Upgrade
|
| Operating Margin | 8.68% | 6.89% | 3.98% | 8.58% | -0.73% | 6.51% | Upgrade
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| Profit Margin | 2.03% | 0.84% | -0.61% | 3.12% | -3.60% | 2.34% | Upgrade
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| Free Cash Flow Margin | 7.30% | 3.48% | 33.19% | 16.79% | 16.47% | 1.99% | Upgrade
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| EBITDA | 194.63 | 137.04 | 77.17 | 127.45 | 11.66 | 63.41 | Upgrade
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| EBITDA Margin | 9.80% | 8.31% | 5.66% | 10.62% | 1.44% | 8.29% | Upgrade
|
| D&A For EBITDA | 22.25 | 23.47 | 22.97 | 24.44 | 17.58 | 13.57 | Upgrade
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| EBIT | 172.38 | 113.57 | 54.2 | 103.02 | -5.92 | 49.84 | Upgrade
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| EBIT Margin | 8.68% | 6.89% | 3.98% | 8.58% | -0.73% | 6.51% | Upgrade
|
| Effective Tax Rate | 45.73% | 51.84% | 93.41% | 32.58% | - | 30.94% | Upgrade
|
| Revenue as Reported | 1,986 | 1,649 | 1,398 | 1,201 | 810.3 | 772.73 | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.