Tiptree Inc. (TIPT)

Tiptree Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	1,191	1,135	888.61	677.16	634.77	499.26
Investments in Equity & Preferred Securities	140.84	108.62	68.31	85.78	138.48	123.84
Other Investments	28.65	22.48	21.1	3.58	23.77	3.02
Total Investments	1,365	1,269	981.84	770.17	804.54	635.32
Cash & Equivalents	383.83	320.07	468.71	538.07	175.72	136.92
Reinsurance Recoverable	1,237	992.88	953.89	450.62	880.84	728.01
Other Receivables	969.62	908.4	735.55	572.47	518.02	468.35
Deferred Policy Acquisition Cost	573.18	565.87	565.75	498.93	379.37	229.43
Property, Plant & Equipment	55.41	55.14	61.09	53.33	38.75	43.09
Goodwill	207.7	206.71	206.16	186.61	179.1	179.24
Other Intangible Assets	96.94	102.86	118.76	116.89	122.58	137.95
Restricted Cash	91.22	96.2	23.85	12.78	19.37	58.36
Other Current Assets	1,056	1,060	913.67	744.61	262.01	192.19
Other Long-Term Assets	44.88	47.24	51.71	44.57	120.37	103.97
Total Assets	6,148	5,695	5,139	4,040	3,599	2,996
Accounts Payable	103.67	83.29	114.57	119.39	149.82	106.14
Accrued Expenses	17	9.76	53.78	42.78	20.41	63.73
Unpaid Claims	1,503	1,298	844.85	567.19	331.7	233.44
Unearned Premiums	1,860	1,766	1,695	1,357	1,124	860.69
Reinsurance Payable	450.26	443.08	543.6	305.1	265.57	224.66
Current Portion of Leases	-	10.24	-	-	-	-
Short-Term Debt	51.5	56.28	32.18	32.14	36.73	70.59
Long-Term Debt	493.03	427.09	402.41	259.37	393.35	366.25
Long-Term Leases	36.79	26.35	40.4	38.03	29.4	32.91
Long-Term Deferred Tax Liabilities	201.39	170.8	139.85	90.39	40.05	24.18
Other Current Liabilities	12.6	11.13	4.5	29.78	245.38	223.84
Other Long-Term Liabilities	27.6	40.08	18.46	15.24	27.75	16.58
Total Liabilities	5,425	5,038	4,563	3,506	3,199	2,622
Common Stock	0.04	0.04	0.04	0.04	0.03	0.03
Additional Paid-In Capital	395.64	389.69	382.24	382.65	317.46	315.01
Retained Earnings	115.79	95.72	60.66	54.11	68.15	35.42
Comprehensive Income & Other	-11.62	-27.75	-26.07	-39.43	-2.69	5.67
Total Common Equity	499.84	457.7	416.87	397.37	382.95	356.14
Minority Interest	223.53	199.07	159.7	136.21	17.23	17.39
Shareholders' Equity	723.37	656.77	576.57	533.57	400.18	373.54
Total Liabilities & Equity	6,148	5,695	5,139	4,040	3,599	2,996
Filing Date Shares Outstanding	37.5	37.26	36.76	36.73	34.39	32.54
Total Common Shares Outstanding	37.5	37.26	36.76	36.39	34.12	32.68
Total Debt	581.32	519.96	475	329.53	459.48	469.75
Net Cash (Debt)	-197.49	-199.89	-6.29	208.53	-283.76	-332.83
Net Cash Per Share	-5.15	-5.27	-0.17	5.87	-8.42	-9.83
Book Value Per Share	13.33	12.29	11.34	10.92	11.22	10.90
Tangible Book Value	195.2	148.13	91.95	93.87	81.27	38.96
Tangible Book Value Per Share	5.21	3.98	2.50	2.58	2.38	1.19

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q