Greenlight Capital Re (GLRE) Convertible Debt (2018 - 2025)
Greenlight Capital Re (GLRE) recorded Convertible Debt of $4.72 million in Q4 2025, down 92.2% from $60.75 million a year earlier and down 86.4% from the prior quarter.
Greenlight Capital Re (GLRE) Convertible Debt (2018 - 2025) Analysis & Trends
Starting with Q3 2018, Greenlight Capital Re's Convertible Debt history includes 30 quarters.
- Annual Convertible Debt has declined for four straight years, with a five-year compound annual growth rate of -45.2% (FY2020 to FY2025).
- Across earlier years, Convertible Debt came in at $60.75 million in FY2024 (-17.1%), $73.28 million in FY2023 (-9.0%), $80.53 million in FY2022 (-17.9%) and $98.1 million in FY2021 (+2.4%).
- The Q4 2025 figure is the lowest quarterly Convertible Debt in data going back to Q3 2018.
- On a year-over-year basis, Convertible Debt has declined for seven consecutive quarters, with an average decline of 22.3% over the last eight quarters.
- Peak year-over-year performance for Convertible Debt in the last five years was growth of 16.2% in Q1 2024, against a decline of 92.2% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $34.75 million (Q3 2025), $58.89 million (Q2 2025) and $59.83 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,082.55 Bn | -334.93 Bn | 55.86 Bn |
| 2 | Chubb | 128.03 Bn | 80.09 Bn | 9.13 Bn |
| 3 | Progressive | 122.38 Bn | 98.22 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 81.46 Bn | 73.20 Bn | - |
| 5 | Travelers Companies | 75.77 Bn | 52.02 Bn | 6.23 Bn |
| 6 | Manulife Financial | 73.91 Bn | 75.11 Bn | - |
| 7 | Metlife | 60.71 Bn | -45.77 Bn | 7.82 Bn |
| 8 | Aon | 58.53 Bn | 51.77 Bn | - |
| 9 | Arthur J. Gallagher | 58.38 Bn | 52.82 Bn | - |
| 10 | Greenlight Capital Re | 485.00 Mn | -236.33 Mn | 49.73 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 4.72 Mn |
| Sep 30, 2025 | 34.75 Mn |
| Jun 30, 2025 | 58.89 Mn |
| Mar 31, 2025 | 59.83 Mn |
| Dec 31, 2024 | 60.75 Mn |
| Sep 30, 2024 | 62.58 Mn |
| Jun 30, 2024 | 61.60 Mn |
| Mar 31, 2024 | 72.47 Mn |
| Dec 31, 2023 | 73.28 Mn |
| Sep 30, 2023 | 74.88 Mn |
| Jun 30, 2023 | 63.13 Mn |
| Mar 31, 2023 | 62.38 Mn |
| Dec 31, 2022 | 80.53 Mn |
| Sep 30, 2022 | 93.45 Mn |
| Jun 30, 2022 | 100.91 Mn |
| Mar 31, 2022 | 99.75 Mn |
| Dec 31, 2021 | 98.10 Mn |
| Sep 30, 2021 | 96.48 Mn |
| Jun 30, 2021 | 96.90 Mn |
| Mar 31, 2021 | 95.34 Mn |
Greenlight Capital Re Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=GLRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "GLRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=GLRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();