Renaissancere Historical Income Statement

RNR Stock  USD 227.94  1.54  0.68%   
Historical analysis of Renaissancere Holdings income statement accounts such as Selling General Administrative of 48.7 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.
 
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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 closely tied 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

At this time, Renaissancere Holdings' Total Operating Expenses is relatively stable compared to the past year. As of 06/10/2024, Income Before Tax is likely to grow to about 3.3 B, while Selling General Administrative is likely to drop slightly above 48.7 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.

Operating Income

Operating Income is the amount of profit realized from Renaissancere Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Renaissancere Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 closely tied 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' Total Operating Expenses is relatively stable compared to the past year. As of 06/10/2024, Income Before Tax is likely to grow to about 3.3 B, while Selling General Administrative is likely to drop slightly above 48.7 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses5.4B6.3B6.0B6.3B
Gross Profit5.3B5.0B24.0M22.8M

Renaissancere Holdings income statement Correlations

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0.530.641.0-0.65-0.52-0.520.31.01.00.271.00.3-0.820.38-0.77-0.01-0.150.95-0.120.690.41-0.72-0.71
-0.79-0.89-0.63-0.650.390.09-0.79-0.65-0.67-0.08-0.66-0.030.85-0.750.820.10.03-0.540.25-0.71-0.840.940.97
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0.530.651.01.0-0.66-0.52-0.510.321.01.00.260.3-0.830.4-0.77-0.03-0.130.95-0.110.680.43-0.73-0.73
0.180.050.290.3-0.030.210.22-0.090.290.28-0.450.30.14-0.030.180.04-0.030.37-0.140.38-0.4-0.250.0
-0.67-0.84-0.82-0.820.850.580.44-0.63-0.83-0.84-0.41-0.830.14-0.660.960.030.13-0.720.18-0.64-0.780.80.89
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-0.63-0.76-0.77-0.770.820.70.51-0.58-0.78-0.79-0.49-0.770.180.96-0.590.120.03-0.660.11-0.71-0.740.750.84
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-0.53-0.32-0.16-0.150.03-0.55-0.28-0.31-0.13-0.13-0.03-0.13-0.030.13-0.250.03-0.90.030.82-0.24-0.20.210.18
0.340.480.950.95-0.54-0.59-0.590.130.950.950.230.950.37-0.720.24-0.66-0.160.030.10.560.24-0.61-0.59
-0.71-0.46-0.13-0.120.25-0.54-0.43-0.5-0.11-0.110.09-0.11-0.140.18-0.410.11-0.730.820.1-0.44-0.360.350.31
0.820.720.680.69-0.71-0.33-0.10.560.690.690.10.680.38-0.640.54-0.710.11-0.240.56-0.440.53-0.79-0.72
0.740.830.40.41-0.84-0.27-0.010.830.420.430.170.43-0.4-0.780.76-0.740.06-0.20.24-0.360.53-0.73-0.85
-0.86-0.92-0.7-0.720.940.270.01-0.78-0.72-0.730.01-0.73-0.250.8-0.760.75-0.030.21-0.610.35-0.79-0.730.96
-0.82-0.92-0.7-0.710.970.370.12-0.8-0.72-0.73-0.12-0.730.00.89-0.760.84-0.040.18-0.590.31-0.72-0.850.96
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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 Administrative316.9M303.7M253.3M323.5M51.2M48.7M
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)

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Additional 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.