Tiptree (TIPT) Acquisitions (2012 - 2023)
Tiptree (TIPT) recorded quarterly Acquisitions of -$2.8 million in Q2 2023, down 112.45% quarter-over-quarter from $22.5 million in Q1 2023, and down 118.74% on a YoY basis from $15.0 million in Q2 2022.
Tiptree (TIPT) Acquisitions (2012 - 2023) Analysis & Trends
Tiptree's Acquisitions history runs 11 years deep, the most recent figure standing at -$2.8 million for Q2 2023.
- In Q2 2023, Acquisitions fell 118.74% year-over-year to -$2.8 million; the TTM figure through Mar 2024 stood at -$2.8 million (down 107.48% YoY), while the FY2023 annual figure was $19.7 million, up 31.86% from the prior year.
- Acquisitions was -$2.8 million for Q2 2023 at Tiptree, down from $22.5 million in the prior quarter.
- In the past five years, Acquisitions ranged from a high of $26.2 million in Q4 2020 to a low of -$20.1 million in Q1 2020.
- Historically, Acquisitions has averaged $5.6 million across 5 years, with a median of $2.2 million in 2019.
- Biggest YoY gain for Acquisitions was 118.74% in 2023; the steepest drop was 118.74% in 2023.
- A 5-year view of Acquisitions shows it stood at $4.6 million in 2019, then surged by 465.79% to $26.2 million in 2020, then tumbled by 100.51% to -$133000.0 in 2021, then jumped by 11348.12% to $15.0 million in 2022, then sank by 118.74% to -$2.8 million in 2023.
- The last three Acquisitions figures came in at -$2.8 million (Q2 2023), $22.5 million (Q1 2023), and $15.0 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | - |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | - |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 200,000.00 |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | - |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | - |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | - |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 1.57 Bn |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 145.00 Mn |
| 10 | Tiptree | 670.63 Mn | 861.99 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -2.80 Mn |
| Mar 31, 2023 | 22.53 Mn |
| Jun 30, 2022 | 14.96 Mn |
| Sep 30, 2021 | -133,000.00 |
| Dec 31, 2020 | 26.21 Mn |
| Jun 30, 2020 | -764,000.00 |
| Mar 31, 2020 | -20.14 Mn |
| Sep 30, 2019 | 4.63 Mn |
| Dec 31, 2017 | 10.34 Mn |
| Sep 30, 2017 | -293,000.00 |
| Jun 30, 2017 | 59.18 Mn |
| Mar 31, 2017 | 16.60 Mn |
| Dec 31, 2016 | 21.09 Mn |
| Sep 30, 2016 | 28.45 Mn |
| Mar 31, 2016 | 52.73 Mn |
| Sep 30, 2015 | -3.65 Mn |
| Mar 31, 2015 | 81.71 Mn |
| Dec 31, 2014 | 212.32 Mn |
| Sep 30, 2014 | -524,000.00 |
| Mar 31, 2014 | -6.69 Mn |