Greenlight Capital Re (GLRE) Net Margin (2010 - 2026)
Greenlight Capital Re (GLRE) reported Net Margin of 23.19% for Q1 2026, up 561.0% year-over-year from 3.51% in Q1 2025, and down 33.33% quarter-over-quarter from 34.79% in Q4 2025.
Greenlight Capital Re (GLRE) Net Margin (2010 - 2026) Analysis & Trends
Greenlight Capital Re (GLRE) has 17 years of Net Margin data on file, last reported at 23.19% in Q1 2026.
- Net Margin for Q1 2026 came in at 23.19%, up 561.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.45% (up 620.0% YoY), and the FY2025 annual result was 11.32%, up 441.0% from the prior year.
- Net Margin fell to 23.19% in Q1 2026 per GLRE's latest filing, from 34.79% in the prior quarter.
- Over five years, Net Margin peaked at 39.35% in Q4 2022 and troughed at 18.51% in Q4 2024.
- A 5-year average of 11.23% and a median of 11.32% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2024 and 2025: Net Margin slumped 3059 bps in 2024, then jumped 5330 bps in 2025.
- A 5-year view of Net Margin shows it stood at 39.35% in 2022, then plunged by 71 bps to 11.32% in 2023, then slumped by 263 bps to 18.51% in 2024, then soared by 288 bps to 34.79% in 2025, then sank by 33 bps to 23.19% in 2026.
- Business Quant data shows GLRE's Net Margin at 23.19% in Q1 2026, 34.79% in Q4 2025, and 3.02% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 13.65 Bn | 4.66 Bn | -26.00 Mn | 7.20% |
| 2 | Everest | 13.51 Bn | -33.73 Bn | 2.75 Bn | 18.27% |
| 3 | Renaissancere Holdings | 12.72 Bn | 14.32 Bn | 1.21 Bn | 12.96% |
| 4 | Hamilton Insurance | 3.17 Bn | 2.36 Bn | - | 38.04% |
| 5 | SiriusPoint | 2.73 Bn | 1.85 Bn | 567.70 Mn | 15.59% |
| 6 | Greenlight Capital Re | 540.25 Mn | 465.17 Mn | 62.99 Mn | 23.19% |
| 7 | Kestrel | 91.87 Mn | 65.07 Mn | 7.94 Mn | -4.69% |
| 8 | Oxbridge Re Holdings | 7.74 Mn | 6.93 Mn | - | 6.85% |
| 9 | Reinsurance Group Of America | - | - | -26.00 Mn | 7.20% |
| 10 | Oxbridge Re Holdings | - | - | - | 6.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.19% |
| Dec 31, 2025 | 34.79% |
| Sep 30, 2025 | -3.02% |
| Jun 30, 2025 | 0.21% |
| Mar 31, 2025 | 17.59% |
| Dec 31, 2024 | -18.51% |
| Sep 30, 2024 | 23.20% |
| Jun 30, 2024 | 5.04% |
| Mar 31, 2024 | 16.73% |
| Dec 31, 2023 | 11.32% |
| Sep 30, 2023 | 8.26% |
| Jun 30, 2023 | 35.63% |
| Mar 31, 2023 | 4.13% |
| Dec 31, 2022 | 39.35% |
| Sep 30, 2022 | -14.57% |
| Jun 30, 2022 | 12.18% |
| Mar 31, 2022 | -4.55% |
| Dec 31, 2021 | 15.06% |
| Sep 30, 2021 | -10.22% |
| Jun 30, 2021 | 0.47% |