Greenlight Capital Re (GLRE) Net Margin (2010 - 2026)
Greenlight Capital Re (GLRE) posted quarterly Net Margin of 18.85% for Q1 2026, up 126.0% year-over-year from 8.34% in Q1 2025, and down 36.65% quarter-over-quarter from 29.76% in Q4 2025.
Greenlight Capital Re (GLRE) Net Margin (2010 - 2026) Analysis & Trends
Greenlight Capital Re (GLRE) has reported Net Margin for 17 consecutive years, with 18.85% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 126.0% year-over-year to 18.85%; the TTM figure through Mar 2026 stood at 11.89% (up 379.0% YoY), while the FY2025 annual figure was 11.32%, up 441.0% from the prior year.
- Net Margin retreated to 18.85% in Q1 2026 per GLRE's latest filing, from 29.76% in the prior quarter.
- Across five years, Net Margin topped out at 39.35% in Q4 2022 and bottomed at 41.69% in Q4 2024.
- Historically, Net Margin has averaged 9.41% across 5 years, with a median of 12.81% in 2023.
- Annual changes were most pronounced in 2024 — Net Margin slumped 5450 bps — and 2025, when it surged 7144 bps.
- Greenlight Capital Re's Net Margin stood at 39.35% in 2022, then plunged by 67 bps to 12.81% in 2023, then tumbled by 425 bps to 41.69% in 2024, then soared by 171 bps to 29.76% in 2025, then slumped by 37 bps to 18.85% in 2026.
- Business Quant data shows GLRE's Net Margin at 18.85% in Q1 2026, 29.76% in Q4 2025, and 2.66% 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 | 15.93 Bn | 10.26 Bn | 2.16 Bn | 6.99% |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | 14.11% |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 23.63% |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | 30.35% |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 9.22% |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | -18.29% |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | -121.03% |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | 31.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -18.29% |
| Mar 31, 2026 | 18.85% |
| Dec 31, 2025 | 29.76% |
| Sep 30, 2025 | -2.66% |
| Jun 30, 2025 | 0.21% |
| Mar 31, 2025 | 17.59% |
| Dec 31, 2024 | -41.69% |
| Sep 30, 2024 | 23.20% |
| Jun 30, 2024 | 4.56% |
| Mar 31, 2024 | 16.73% |
| Dec 31, 2023 | 12.81% |
| Sep 30, 2023 | 8.07% |
| Jun 30, 2023 | 35.63% |
| Mar 31, 2023 | 3.80% |
| Dec 31, 2022 | 39.35% |
| Sep 30, 2022 | -15.14% |
| Jun 30, 2022 | 13.42% |
| Mar 31, 2022 | -4.55% |
| Dec 31, 2021 | 13.13% |
| Sep 30, 2021 | -9.95% |