Greenlight Capital Re (GLRE) Gross Margin (2011 - 2026)
Greenlight Capital Re (GLRE) reported Gross Margin of 45.01% for Q3 2026, down 1.43 percentage points from 46.44% a year earlier but up 14.28 percentage points from the prior quarter.
Greenlight Capital Re (GLRE) Gross Margin (2011 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Greenlight Capital Re's Gross Margin came in at 45.80%, up 9.46 percentage points year-over-year; for FY2025, it was 43.60%, up 4.99 percentage points from FY2024.
- Gross Margin has a five-year change of +13.39 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 38.61% in FY2024 (-7.42 pp), 46.03% in FY2023 (+6.12 pp), 39.91% in FY2022 (+3.62 pp) and 36.29% in FY2021 (+6.07 pp).
- Five-year quarterly Gross Margin spans a low of 13.46% in Q4 2024 and a high of 56.23% in Q4 2022.
- Year over year, Gross Margin gained in two of the last eight quarters, with an average year-over-year change of -0.75 percentage points.
- The high point for year-over-year Gross Margin in five years was Q4 2025 (a gain of 38.97 percentage points); the low point was Q4 2024 (a drop of 37.70 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 30.73% (Q2 2026), 51.94% (Q1 2026) and 52.43% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | 53.68% |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 53.53% |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 35.74% |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | - |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 47.74% |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 83.78% |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | - |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | -10,257.29% |
| 10 | Greenlight Capital Re | 531.38 Mn | -371.05 Mn | 69.06 Mn | 45.01% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 45.01% |
| Jun 30, 2026 | 30.73% |
| Mar 31, 2026 | 51.94% |
| Dec 31, 2025 | 52.43% |
| Sep 30, 2025 | 46.44% |
| Jun 30, 2025 | 38.09% |
| Mar 31, 2025 | 42.39% |
| Dec 31, 2024 | 13.46% |
| Sep 30, 2024 | 50.45% |
| Jun 30, 2024 | 41.65% |
| Mar 31, 2024 | 42.85% |
| Dec 31, 2023 | 51.16% |
| Sep 30, 2023 | 41.98% |
| Jun 30, 2023 | 52.29% |
| Mar 31, 2023 | 37.59% |
| Dec 31, 2022 | 56.23% |
| Sep 30, 2022 | 25.38% |
| Jun 30, 2022 | 49.91% |
| Mar 31, 2022 | 26.78% |
| Dec 31, 2021 | 50.50% |
Greenlight Capital Re Gross Margin 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=gross-margin&ticker=GLRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=GLRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();