Renaissancere Gross Profit from 2010 to 2024

RNR Stock

USD 250.63 0.32 0.13%

Renaissancere Holdings Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to grow to about 9.5 B this year. Gross Profit is the profit Renaissancere Holdings makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1995-06-30

Previous Quarter

2.9 B

Current Value

3.8 B

Quarterly Volatility

662 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Renaissancere Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renaissancere Holdings' main balance sheet or income statement drivers, such as Interest Expense of 76.8 M, Total Revenue of 9.5 B or EBITDA of 3.2 B, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0229 or PTB Ratio of 1.4. Renaissancere financial statements analysis is a perfect complement when working with Renaissancere Holdings Valuation or Volatility modules.

Check out the analysis of Renaissancere Holdings Correlation against competitors.

To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.

Latest Renaissancere Holdings' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Renaissancere Holdings over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Renaissancere Holdings' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Renaissancere Holdings' overall financial position and show how it may be relating to other accounts over time.

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Last Reported (787.92 M)

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Renaissancere Gross Profit Regression Statistics

	Arithmetic Mean	3,401,514,780
	Geometric Mean	2,368,221,245
	Coefficient Of Variation	85.30
	Mean Deviation	2,383,486,803
	Median	2,056,467,000
	Standard Deviation	2,901,595,675
	Sample Variance	8419257.5T
	Range	9.3B
	R-Value	0.90
	Mean Square Error	1663598.3T
	R-Squared	0.82
	Slope	586,280,121
	Total Sum of Squares	117869604.4T

Renaissancere Gross Profit History

	2024	9.5 B
	2023	9.1 B
	2022	5 B
	2021	5.3 B
	2020	5.2 B
	2019	4.2 B
	2018	2.1 B

Other Fundumenentals of Renaissancere Holdings

Gross Profit Margin

Renaissancere Holdings Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Common Stock	Short Term Investments	Accounts Payable	Long Term Debt	Good Will	Intangible Assets	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Current Deferred Revenue	Short Term Debt	Short Long Term Debt	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Capital Stock
Total Assets		0.93	-0.16	0.88	0.99	1.0	0.38	0.71	0.91	0.91	0.92	0.82	0.74	0.77	0.71	0.87	-0.29	-0.13	-0.5	0.29	0.79	0.84	0.59
Total Stockholder Equity	0.93		-0.1	0.98	0.88	0.9	0.49	0.82	0.83	0.78	0.91	0.78	0.74	0.72	0.64	0.79	-0.09	-0.1	-0.48	0.34	0.72	0.84	0.41
Net Debt	-0.16	-0.1		-0.11	-0.16	-0.18	-0.43	0.08	-0.35	-0.39	0.05	0.04	0.21	-0.17	-0.06	-0.27	0.2	0.32	0.36	-0.41	-0.6	-0.21	0.12
Retained Earnings	0.88	0.98	-0.11		0.82	0.85	0.51	0.8	0.8	0.75	0.89	0.75	0.65	0.67	0.63	0.74	0.04	-0.06	-0.51	0.27	0.71	0.77	0.39
Net Receivables	0.99	0.88	-0.16	0.82		1.0	0.3	0.66	0.88	0.89	0.89	0.8	0.76	0.74	0.68	0.85	-0.34	-0.16	-0.46	0.23	0.77	0.82	0.66
Total Liab	1.0	0.9	-0.18	0.85	1.0		0.36	0.67	0.91	0.92	0.91	0.82	0.73	0.77	0.72	0.88	-0.32	-0.15	-0.5	0.27	0.8	0.83	0.62
Total Current Assets	0.38	0.49	-0.43	0.51	0.3	0.36		0.14	0.59	0.53	0.43	0.45	0.04	0.42	0.56	0.52	0.08	-0.13	-0.68	0.46	0.62	0.46	-0.08
Common Stock	0.71	0.82	0.08	0.8	0.66	0.67	0.14		0.55	0.49	0.67	0.46	0.66	0.36	0.22	0.38	-0.11	-0.03	-0.19	0.27	0.4	0.53	0.33
Short Term Investments	0.91	0.83	-0.35	0.8	0.88	0.91	0.59	0.55		0.98	0.81	0.73	0.45	0.82	0.76	0.9	-0.28	-0.02	-0.55	0.47	0.87	0.77	0.4
Accounts Payable	0.91	0.78	-0.39	0.75	0.89	0.92	0.53	0.49	0.98		0.8	0.75	0.42	0.82	0.78	0.9	-0.32	-0.13	-0.58	0.41	0.9	0.73	0.44
Long Term Debt	0.92	0.91	0.05	0.89	0.89	0.91	0.43	0.67	0.81	0.8		0.94	0.75	0.73	0.84	0.8	-0.09	-0.04	-0.55	0.13	0.74	0.77	0.5
Good Will	0.82	0.78	0.04	0.75	0.8	0.82	0.45	0.46	0.73	0.75	0.94		0.65	0.69	0.9	0.75	-0.09	-0.15	-0.58	0.09	0.73	0.67	0.4
Intangible Assets	0.74	0.74	0.21	0.65	0.76	0.73	0.04	0.66	0.45	0.42	0.75	0.65		0.43	0.37	0.51	-0.25	-0.1	-0.16	0.04	0.35	0.74	0.58
Net Tangible Assets	0.77	0.72	-0.17	0.67	0.74	0.77	0.42	0.36	0.82	0.82	0.73	0.69	0.43		0.77	0.92	-0.23	-0.04	-0.49	0.53	0.7	0.81	0.13
Long Term Debt Total	0.71	0.64	-0.06	0.63	0.68	0.72	0.56	0.22	0.76	0.78	0.84	0.9	0.37	0.77		0.82	-0.08	0.0	-0.61	0.15	0.77	0.62	0.28
Long Term Investments	0.87	0.79	-0.27	0.74	0.85	0.88	0.52	0.38	0.9	0.9	0.8	0.75	0.51	0.92	0.82		-0.32	-0.09	-0.5	0.4	0.81	0.89	0.41
Current Deferred Revenue	-0.29	-0.09	0.2	0.04	-0.34	-0.32	0.08	-0.11	-0.28	-0.32	-0.09	-0.09	-0.25	-0.23	-0.08	-0.32		0.31	-0.19	-0.39	-0.24	-0.36	-0.23
Short Term Debt	-0.13	-0.1	0.32	-0.06	-0.16	-0.15	-0.13	-0.03	-0.02	-0.13	-0.04	-0.15	-0.1	-0.04	0.0	-0.09	0.31		0.38	-0.11	-0.18	-0.07	-0.08
Short Long Term Debt	-0.5	-0.48	0.36	-0.51	-0.46	-0.5	-0.68	-0.19	-0.55	-0.58	-0.55	-0.58	-0.16	-0.49	-0.61	-0.5	-0.19	0.38		-0.13	-0.64	-0.33	-0.14
Capital Surpluse	0.29	0.34	-0.41	0.27	0.23	0.27	0.46	0.27	0.47	0.41	0.13	0.09	0.04	0.53	0.15	0.4	-0.39	-0.11	-0.13		0.37	0.47	-0.41
Cash And Equivalents	0.79	0.72	-0.6	0.71	0.77	0.8	0.62	0.4	0.87	0.9	0.74	0.73	0.35	0.7	0.77	0.81	-0.24	-0.18	-0.64	0.37		0.69	0.26
Net Invested Capital	0.84	0.84	-0.21	0.77	0.82	0.83	0.46	0.53	0.77	0.73	0.77	0.67	0.74	0.81	0.62	0.89	-0.36	-0.07	-0.33	0.47	0.69		0.35
Capital Stock	0.59	0.41	0.12	0.39	0.66	0.62	-0.08	0.33	0.4	0.44	0.5	0.4	0.58	0.13	0.28	0.41	-0.23	-0.08	-0.14	-0.41	0.26	0.35

Click cells to compare fundamentals

About Renaissancere Holdings Financial Statements

Renaissancere Holdings shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Renaissancere Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Renaissancere Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Renaissancere Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

		Last Reported	Projected for Next Year
	Gross Profit	9.1 B	9.5 B

Pair Trading with Renaissancere Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Renaissancere Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Renaissancere Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Renaissancere Stock

0.67

Everest Group

Pair Corr

Moving against Renaissancere Stock

0.34

OXBRW

Oxbridge Re Holdings

Pair Corr

The ability to find closely correlated positions to Renaissancere Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Renaissancere Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Renaissancere Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Renaissancere Holdings to buy it.

The correlation of Renaissancere Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Renaissancere Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Renaissancere Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Renaissancere Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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.

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