NYSE : EG
Everest Group, Ltd. — Financial statements
Financials · Insurance - Reinsurance · Bermuda
Last price 410.97 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 15.37B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Premiums & Annuity Revenue | 14.08B | 15.56B | 15.19B | 13.44B | 11.79B | 10.41B |
| Total Interest & Dividend Income | 1.87B | 1.85B | 1.75B | 1.31B | 755.00M | 600.00M |
| Gain (Loss) on Sale of Investments | -170.00M | -143.00M | 19.00M | -276.00M | -455.00M | 258.00M |
| Other Revenue | 411.00M | 277.00M | 206.00M | 122.00M | 74.00M | 563.70M |
| Total Revenue | 16.20B | 17.54B | 17.16B | 14.60B | 12.16B | 11.83B |
| Policy Benefits | 9.47B | 10.86B | 11.30B | 8.43B | 8.10B | 7.39B |
| Policy Acquisition & Underwriting Costs | 4.17B | 4.49B | 4.24B | 3.80B | 3.21B | 2.79B |
| Selling, General & Administrative | 131.00M | 109.00M | 95.00M | 73.00M | 61.00M | 68.00M |
| Total Operating Expenses | 13.78B | 15.46B | 15.64B | 12.30B | 11.37B | 10.25B |
| Operating Income | 2.42B | 2.08B | 1.52B | 2.30B | 790.00M | 1.58B |
| Interest Expense | -144.00M | -151.00M | -149.00M | -134.00M | -101.00M | -70.00M |
| Currency Exchange Gain (Loss) | -42.00M | -210.00M | 58.00M | |||
| Other Non Operating Income (Expenses) | -117.00M | 38.00M | 22.00M | -15.00M | -101.00M | 39.30M |
| EBT Excluding Unusual Items | 2.12B | 1.76B | 1.45B | 2.15B | 588.00M | 1.55B |
| Gain (Loss) on Sale of Assets | 127.00M | 127.00M | 40.00M | |||
| Pretax Income | 2.24B | 1.89B | 1.49B | 2.15B | 588.00M | 1.55B |
| Income Tax Expense | 352.00M | 296.00M | 120.00M | -363.00M | -9.00M | 167.00M |
| Net Income | 1.89B | 1.59B | 1.37B | 2.52B | 597.00M | 1.38B |
| Preferred Dividends & Other Adjustments | 23.00M | 18.00M | 15.00M | 29.00M | 8.00M | 18.00M |
| Net Income to Common | 1.87B | 1.57B | 1.36B | 2.49B | 589.00M | 1.36B |
| Shares Outstanding (Basic) | 39.27M | 41.60M | 42.70M | 41.30M | 38.80M | 39.30M |
| Shares Outstanding (Diluted) | 39.27M | 41.60M | 42.70M | 41.30M | 38.80M | 39.30M |
| EPS (Basic) | 47.56 | 37.81 | 31.80 | 60.24 | 15.18 | 34.63 |
| EPS (Diluted) | 47.55 | 37.80 | 31.78 | 60.19 | 15.18 | 34.62 |
| Dividend Per Share | 8.00 | 8.00 | 7.75 | 6.80 | 6.50 | 6.20 |
| Operating Margin | 14.94% | 11.88% | 8.87% | 15.77% | 6.50% | 13.33% |
| Profit Margin | 11.53% | 8.97% | 7.91% | 17.04% | 4.84% | 11.51% |
| EBIT | 2.42B | 2.08B | 1.52B | 2.30B | 790.00M | 1.58B |
| EBIT Margin | 14.94% | 11.88% | 8.87% | 15.77% | 6.50% | 13.33% |
| Effective Tax Rate | 15.69% | 15.69% | 8.04% | 10.80% | ||
| Revenue as Reported | 16.16B | 17.50B | 17.28B | 14.59B | 12.06B | 11.87B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Investments in Debt Securities | 33.62B | 35.14B | 29.66B | 28.59B | 23.07B | 22.31B |
| Investments in Equity & Preferred Securities | 161.00M | 215.00M | 256.00M | 188.00M | 281.00M | 1.83B |
| Other Investments | 9.20B | 8.79B | 10.10B | 6.92B | 5.12B | 4.10B |
| Total Investments | 42.98B | 44.15B | 40.02B | 35.70B | 28.47B | 28.23B |
| Cash & Equivalents | 987.00M | 1.32B | 1.55B | 1.44B | 1.40B | 1.44B |
| Reinsurance Recoverable | 5.20B | 5.11B | 3.12B | 2.26B | 2.24B | 2.05B |
| Other Receivables | 7.56B | 7.08B | 6.97B | 5.96B | 4.29B | 3.44B |
| Deferred Policy Acquisition Cost | 1.46B | 1.55B | 1.46B | 1.25B | 962.00M | 872.00M |
| Property, Plant & Equipment | 176.00M | 108.00M | 123.00M | 128.00M | 139.00M | |
| Other Current Assets | 871.00M | 653.00M | 869.00M | 713.00M | 610.00M | 515.00M |
| Other Long-Term Assets | 3.00B | 2.49B | 2.24B | 1.95B | 1.86B | 1.49B |
| Total Assets | 62.05B | 62.51B | 56.34B | 49.40B | 39.97B | 38.19B |
| Accrued Expenses | 43.00M | 23.00M | 24.00M | 26.00M | 21.00M | 19.00M |
| Insurance & Annuity Liabilities | 36.00M | |||||
| Unpaid Claims | 35.29B | 34.31B | 29.89B | 24.60B | 22.07B | 19.01B |
| Unearned Premiums | 6.41B | 7.28B | 7.32B | 6.62B | 5.15B | 4.61B |
| Reinsurance Payable | 1.29B | 909.00M | 728.00M | 674.00M | 580.00M | 468.00M |
| Current Portion of Long-Term Debt | 719.00M | |||||
| Current Portion of Leases | 28.00M | |||||
| Short-Term Debt | 819.00M | 519.00M | 519.00M | |||
| Long-Term Debt | 3.59B | 2.87B | 3.59B | 2.57B | 2.56B | 2.57B |
| Long-Term Leases | 168.00M | 126.00M | 143.00M | 147.00M | 158.00M | |
| Other Long-Term Liabilities | 1.18B | 724.00M | 764.00M | 718.00M | 454.00M | 603.00M |
| Total Liabilities | 47.80B | 47.05B | 42.47B | 36.20B | 31.52B | 28.05B |
| Common Stock | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M |
| Additional Paid-In Capital | 3.89B | 3.85B | 3.81B | 3.77B | 2.30B | 2.27B |
| Retained Earnings | 17.78B | 16.57B | 15.31B | 14.27B | 12.04B | 11.70B |
| Treasury Stock | -6.10B | -4.91B | -4.11B | -3.91B | -3.91B | -3.85B |
| Comprehensive Income & Other | -1.31B | -51.00M | -1.14B | -934.00M | -2.00B | 11.00M |
| Shareholders' Equity | 14.25B | 15.46B | 13.88B | 13.20B | 8.44B | 10.14B |
| Total Liabilities & Equity | 62.05B | 62.51B | 56.34B | 49.40B | 39.97B | 38.19B |
| Filing Date Shares Outstanding | 37.04M | 40.39M | 42.93M | 43.38M | 39.16M | 39.27M |
| Total Common Shares Outstanding | 37.40M | 40.70M | 43.00M | 43.40M | 39.10M | 39.27M |
| Total Debt | 3.59B | 3.79B | 3.71B | 3.53B | 3.23B | 3.25B |
| Net Cash (Debt) | -2.60B | -2.47B | -2.16B | -2.09B | -1.83B | -1.81B |
| Net Cash Per Share | -66.28 | -59.30 | -50.68 | -50.65 | -47.24 | -45.95 |
| Book Value Per Share | 381.07 | 379.88 | 322.67 | 304.19 | 215.88 | 258.21 |
| Tangible Book Value | 14.25B | 15.46B | 13.88B | 13.20B | 8.44B | 10.14B |
| Tangible Book Value Per Share | 381.07 | 379.88 | 322.67 | 304.19 | 215.88 | 258.21 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 1.89B | 1.59B | 1.37B | 2.52B | 597.00M | 1.38B |
| Gain (Loss) on Sale of Investments | 28.00M | -23.00M | -186.00M | 212.00M | 510.00M | -182.00M |
| Stock-Based Compensation | 76.00M | 61.00M | 63.00M | 49.00M | 45.00M | 43.00M |
| Change in Accounts Receivable | 143.00M | -116.00M | -715.00M | -1.06B | -435.00M | -649.00M |
| Reinsurance Recoverable | -1.47B | -1.45B | -1.09B | 143.00M | -413.00M | -125.00M |
| Change in Unearned Revenue | -1.04B | -278.00M | 809.00M | 1.39B | 655.00M | 1.15B |
| Change in Income Taxes | -36.00M | 150.00M | -277.00M | -559.00M | -181.00M | 68.00M |
| Change in Insurance Reserves / Liabilities | 1.75B | 3.50B | 5.69B | 2.35B | 3.29B | 2.94B |
| Change in Other Net Operating Assets | -356.00M | -329.00M | -1.00B | -619.00M | -754.00M | -1.18B |
| Other Operating Activities | 1.00M | 1.00M | 1.00M | -1.00M | 1.00M | |
| Operating Cash Flow | 1.21B | 3.07B | 4.96B | 4.55B | 3.69B | 3.83B |
| Investment in Securities | -308.00M | -2.76B | -4.88B | -6.15B | -3.68B | -4.13B |
| Other Investing Activities | 602.00M | 666.00M | 407.00M | 245.00M | 266.00M | 258.00M |
| Investing Cash Flow | 294.00M | -2.10B | -4.48B | -5.90B | -3.42B | -3.87B |
| Long-Term Debt Issued | 200.00M | 300.00M | 1.18B | |||
| Net Debt Issued (Repaid) | 200.00M | 300.00M | 1.18B | |||
| Issuance of Common Stock | 1.45B | |||||
| Repurchases of Common Stock | -1.62B | -819.00M | -225.00M | -24.00M | -81.00M | -242.00M |
| Common Dividends Paid | -315.00M | -335.00M | -334.00M | -288.00M | -255.00M | -247.00M |
| Other Financing Activities | -20.00M | -21.00M | -24.00M | -24.00M | -23.00M | -14.00M |
| Financing Cash Flow | -1.96B | -1.18B | -383.00M | 1.41B | -359.00M | 674.00M |
| Foreign Exchange Rate Adjustments | 43.00M | -28.00M | 16.00M | -23.00M | 39.00M | 1.00M |
| Miscellaneous Cash Flow Adjustments | -141.00M | 2.00M | 1.00M | |||
| Net Cash Flow | -552.00M | -231.00M | 112.00M | 39.00M | -42.00M | 639.00M |
| Levered Free Cash Flow | 1.62B | -22.34B | 2.36B | 2.63B | 3.20B | 4.13B |
| Unlevered Free Cash Flow | 1.71B | -22.25B | 2.45B | 2.72B | 3.26B | 4.18B |
| Cash Interest Paid | 165.00M | 150.00M | 147.00M | 130.00M | 98.00M | 62.00M |
| Cash Income Tax Paid | 394.00M | 150.00M | 397.00M | 196.00M | 171.00M | 98.00M |
| Change in Working Capital | -1.03B | 1.24B | 3.54B | 1.66B | 2.36B | 2.38B |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 15.54B | 14.25B | 15.58B | 15.34B | 12.97B | 10.78B |
| Enterprise Value | 18.14B | 16.29B | 17.37B | 16.66B | 14.38B | 11.63B |
| PE Ratio | 8.82 | 9.06 | 11.47 | 6.17 | 22.03 | 7.92 |
| PS Ratio | 0.96 | 0.81 | 0.91 | 1.05 | 1.07 | 0.91 |
| PB Ratio | 1.08 | 0.92 | 1.12 | 1.16 | 1.54 | 1.06 |
| P/OCF Ratio | 12.86 | 4.64 | 3.14 | 3.37 | 3.51 | 2.81 |
| EV/Sales Ratio | 1.12 | 0.93 | 1.01 | 1.14 | 1.18 | 0.98 |
| EV/EBIT Ratio | 7.50 | 7.82 | 11.41 | 7.24 | 18.20 | 7.37 |
| Debt / Equity Ratio | 0.25 | 0.24 | 0.27 | 0.27 | 0.38 | 0.32 |
| Debt / EBITDA Ratio | 1.46 | 1.79 | 2.39 | 1.51 | 3.95 | 2.02 |
| Net Debt / Equity Ratio | 0.18 | 0.16 | 0.16 | 0.16 | 0.22 | 0.18 |
| Quick Ratio | 0.26 | 0.72 | 0.34 | 0.28 | 0.23 | 0.24 |
| Current Ratio | 0.41 | 1.12 | 0.45 | 0.38 | 0.34 | 0.35 |
| Asset Turnover | 0.26 | 0.29 | 0.33 | 0.33 | 0.31 | 0.33 |
| Return on Equity (ROE) | 12.77% | 10.85% | 10.14% | 23.26% | 6.43% | 13.88% |
| Return on Assets (ROA) | 2.43% | 2.19% | 1.80% | 3.22% | 1.26% | 2.78% |
| Return on Invested Capital (ROIC) | 11.06% | 9.54% | 8.16% | 16.22% | 6.30% | 11.17% |
| Earnings Yield | 11.33% | 11.17% | 8.81% | 16.41% | 4.60% | 12.79% |
| Dividend Yield | 1.91% | 2.29% | 2.14% | 1.92% | 1.96% | 2.26% |
| Payout Ratio | 16.82% | 21.06% | 24.33% | 11.44% | 42.71% | 17.91% |
| Buyback Yield / Dilution | 6.38% | 2.58% | -3.39% | -6.44% | 1.27% | 1.75% |
| Total Shareholder Return | 8.29% | 4.86% | -1.25% | -4.52% | 3.23% | 4.01% |