RNR financial statements

The full income statement, balance sheet, and cash-flow statement for RenaissanceRe Holdings Ltd. (RNR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 52.2M2024-09 51.9M2024-12 49.3M2025-03 48.7M2025-06 47.1M2025-09 46.1M2025-12 43.5M2026-03 42.6M2026-06 41.6M-20.3% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	12.8B YoY+9.9%	11.7B YoY+28.0%	9.13B YoY+80.5%	5.06B YoY-4.1%	5.28B YoY+2.0%
Selling, general & administrative	82.0M YoY-39.2%	135M YoY+5.6%	128M YoY+172.9%	46.8M YoY+13.7%	41.2M YoY-57.6%
General & administrative	82.0M YoY-39.2%	135M YoY+5.6%	128M YoY+172.9%	46.8M YoY+13.7%	41.2M YoY-57.6%
Amortization of intangibles	71.1M YoY+23.4%	57.6M YoY+323.5%	13.6M YoY+109.2%	6.50M YoY-9.7%	7.20M YoY-13.3%
Interest expense	121M YoY+28.9%	93.8M YoY+28.1%	73.2M YoY+51.4%	48.3M YoY+1.7%	47.5M YoY-5.8%
Equity-method income	71.3M YoY+51.5%	47.1M YoY+8.3%	43.5M YoY+286.5%	11.2M YoY-8.6%	12.3M YoY-28.4%
Gain (loss) on equity securities	—	11.0M YoY-76.0%	45.8M YoY+137.0%	-124M YoY-349.5%	49.6M YoY-81.3%
Pre-tax income	4.01B YoY+34.1%	2.99B YoY-3.8%	3.11B YoY+355.2%	-1.22B YoY-968.1%	-114M YoY-111.5%
Income tax	396M YoY+1114.7%	32.6M YoY+106.4%	-510M YoY-764.2%	-59.0M YoY-453.2%	-10.7M YoY-472.7%
	2.68B YoY+43.4%	1.87B YoY-27.0%	2.56B YoY+341.3%	-1.06B YoY-2542.8%	-40.2M YoY-105.3%
Preferred dividends	35.4M YoY+0.0%	35.4M YoY+0.0%	35.4M YoY+0.0%	35.4M YoY+6.3%	33.3M YoY+7.6%
Net income to common	2.65B YoY+44.2%	1.83B YoY-27.3%	2.53B YoY+330.3%	-1.10B YoY-1393.5%	-73.4M YoY-110.0%
	$56.03 YoY+59.1%	$35.21 YoY-32.6%	$52.27 YoY+305.0%	-$25.50 YoY-1524.2%	-$1.57 YoY-110.3%
EPS (basic)	$56.23 YoY+59.2%	$35.31 YoY-32.6%	$52.40 YoY+305.5%	-$25.50 YoY-1524.2%	-$1.57 YoY-110.2%
	46.3M YoY-9.5%	51.2M YoY+7.8%	47.5M YoY+10.3%	43.0M YoY-8.8%	47.2M YoY+0.1%
	46.5M YoY-9.5%	51.3M YoY+7.8%	47.6M YoY+10.6%	43.0M YoY-8.8%	47.2M YoY-0.0%
Dividends per share	$1.72 YoY+4.8%	$1.64 YoY+15.2%	$1.43 YoY-3.6%	$1.48 YoY-4.1%	$1.54 YoY+14.2%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	1.73B YoY+3.3%	1.68B YoY-10.7%	1.88B YoY+57.2%	1.19B YoY-35.8%	1.86B YoY+7.0%
	53.8B YoY+6.1%	50.7B YoY+3.5%	49.0B YoY+34.1%	36.6B YoY+7.6%	34.0B YoY+10.2%
Operating lease right-of-use	97.1M YoY+15.9%	83.8M YoY+15.0%	72.9M YoY+9.5%	66.6M YoY+190.8%	22.9M YoY-23.2%
Intangible assets	333M YoY-17.6%	404M YoY-16.2%	482M YoY+1285.3%	34.8M YoY-15.7%	41.3M YoY-19.0%
Deferred tax assets	702M YoY+0.1%	701M YoY+2.3%	685M YoY+456.3%	123M	—
	34.6B YoY+4.3%	33.2B YoY-0.9%	33.5B YoY+25.3%	26.7B YoY+12.2%	23.8B YoY+19.7%
Long-term debt	2.33B YoY+23.5%	1.89B YoY-3.7%	1.96B YoY+67.3%	1.17B YoY+0.2%	1.17B YoY+2.8%
Operating lease liability (total)	127M YoY+11.5%	114M YoY+10.0%	104M YoY+54.8%	67.1M YoY+190.5%	23.1M YoY-22.7%
Finance lease liability (total)	20.4M YoY-2.9%	21.0M YoY-2.3%	21.5M YoY-2.3%	22.0M YoY-2.2%	22.5M
	11.6B YoY+9.8%	10.6B YoY+11.8%	9.45B YoY+77.5%	5.33B YoY-19.6%	6.62B YoY-12.4%
Preferred stock	750M YoY+0.0%	750M YoY+0.0%	750M YoY+0.0%	750M YoY+0.0%	750M YoY+42.9%
Common stock	44.0M YoY-12.4%	50.2M YoY-4.8%	52.7M YoY+20.5%	43.7M YoY-1.6%	44.4M YoY-12.5%
Additional paid-in capital	0.00 YoY-100.0%	1.51B YoY-29.5%	2.14B YoY+350.9%	476M YoY-21.8%	608M YoY-62.5%
Retained earnings	10.8B YoY+30.8%	8.28B YoY+26.9%	6.52B YoY+60.2%	4.07B YoY-22.2%	5.23B YoY-2.6%
Accumulated other comprehensive income	-12.6M YoY+14.4%	-14.8M YoY-3.8%	-14.2M YoY+8.1%	-15.5M YoY-41.7%	-10.9M YoY+13.7%
Total liabilities & equity	53.8B YoY+6.1%	50.7B YoY+3.5%	49.0B YoY+34.1%	36.6B YoY+7.6%	34.0B YoY+10.2%
	44.0M YoY-12.4%	50.2M YoY-4.8%	52.7M YoY+20.5%	43.7M YoY-1.6%	44.4M YoY-12.5%
	44.0M YoY-12.4%	50.2M YoY-4.8%	52.7M YoY+20.5%	43.7M YoY-1.6%	44.4M YoY-12.5%
	43.5M YoY-11.7%	49.3M YoY-6.5%	52.7M YoY+20.5%	43.7M YoY-0.6%	44.0M YoY-13.3%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.69B YoY-11.3%	4.16B YoY+117.9%	1.91B YoY+19.2%	1.60B YoY+29.9%	1.23B YoY-38.0%
Depreciation & amortization	-14.1M YoY-105.5%	258M YoY+291.8%	-135M YoY-400.0%	-26.9M YoY-28.4%	-21.0M YoY-226.0%
Intangible amortization	71.1M YoY+23.4%	57.6M YoY+323.5%	13.6M YoY+109.2%	6.50M YoY-9.7%	7.20M YoY-13.3%
Share-based compensation	77.5M YoY+8.5%	71.4M YoY+18.4%	60.3M YoY+33.4%	45.2M YoY+13.0%	40.0M YoY-8.5%
Deferred income taxes	8.34M YoY+134.6%	-24.1M YoY+95.8%	-567M YoY-813.9%	-62.1M YoY-432.6%	-11.7M YoY-237.9%
	-2.22B YoY+27.6%	-3.06B YoY+19.9%	-3.82B YoY-26.7%	-3.02B YoY-269.5%	-816M YoY+64.6%
Acquisitions	0.00	0.00 YoY-100.0%	2.43B	0.00	0.00
Other investing activities	—	—	—	—	0.00
	-1.41B YoY-9.6%	-1.29B YoY-149.7%	2.59B YoY+256.9%	725M YoY+339.8%	-302M YoY-145.5%
Long-term debt issued	889M	0.00 YoY-100.0%	741M	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00 YoY-100.0%	1.35B	0.00	0.00 YoY-100.0%
Common stock repurchased	1.60B YoY+139.9%	667M	0.00 YoY-100.0%	167M YoY-83.8%	1.03B YoY+1540.8%
Dividends paid	74.8M YoY-7.4%	80.8M YoY+7.6%	75.1M YoY+16.1%	64.7M YoY-4.6%	67.8M YoY-1.0%
FX effect on cash	-12.2M YoY+29.6%	-17.4M YoY-413.3%	5.54M YoY-75.3%	22.5M YoY+265.5%	6.15M YoY+37.1%
Net change in cash	54.6M YoY+127.2%	-201M YoY-129.4%	683M YoY+202.8%	-665M YoY-643.9%	122M YoY-65.8%
Interest paid	112M YoY+27.0%	88.0M YoY+19.7%	73.5M YoY+59.0%	46.2M YoY+118.4%	21.2M YoY-56.6%
Income taxes paid	237M YoY+138.2%	99.5M YoY+271.3%	26.8M YoY+756.5%	3.13M YoY+173.4%	-4.26M YoY-175.2%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	12.2B YoY-0.2%	12.3B YoY+22.2%	10.0B YoY+24.6%	8.05B YoY+8.1%	7.45B YoY-11.4%
P/E	4.6× YoY-30.4%	6.6× YoY-6.4%	7.0×	—	—
P/S	1.0× YoY-9.2%	1.0× YoY-17.2%	1.3× YoY-30.5%	1.8× YoY+29.0%	1.4× YoY-13.2%
P/B	1.1× YoY-9.1%	1.2× YoY-12.3%	1.3× YoY-19.9%	1.6× YoY+46.7%	1.1× YoY+1.1%
	21.9% YoY+43.7%	15.3% YoY+6.9%	14.3%	—	—
	0.61% YoY-7.2%	0.66% YoY-9.3%	0.73% YoY-9.4%	0.80% YoY-11.8%	0.91% YoY+11.8%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: RNR's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all RNR filings on SEC EDGAR → Not investment advice.