Tiptree (TIPT) Acquisitions (2012 - 2023)
Tiptree's (TIPT) quarterly Acquisitions came in at -$2.8 million in Q2 2023, down 118.74% year-on-year from $15.0 million in Q2 2022, and down 112.45% quarter-over-quarter from $22.5 million in Q1 2023.
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.
- On a quarterly basis, Acquisitions fell 118.74% year-over-year to -$2.8 million in Q2 2023; TTM through Mar 2024 was -$2.8 million, a 107.48% decrease from a year earlier, with the FY2023 full-year figure at $19.7 million, up 31.86% from the prior year.
- Acquisitions eased to -$2.8 million in Q2 2023 per TIPT's latest filing, from $22.5 million in the prior quarter.
- Across five years, Acquisitions topped out at $26.2 million in Q4 2020 and bottomed at -$20.1 million in Q1 2020.
- The 5-year median for Acquisitions is $2.2 million (2019), against an average of $5.6 million.
- Biggest YoY gain for Acquisitions was 118.74% in 2023; the steepest drop was 118.74% in 2023.
- Year by year, Acquisitions stood at $4.6 million in 2019, then surged by 465.79% to $26.2 million in 2020, then sank by 100.51% to -$133000.0 in 2021, then jumped by 11348.12% to $15.0 million in 2022, then tumbled by 118.74% to -$2.8 million in 2023.
- Per Business Quant, the three latest TIPT Acquisitions figures stand at -$2.8 million (Q2 2023), $22.5 million (Q1 2023), and $15.0 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | - |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | - |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | - |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | - |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | - |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | - |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 1.57 Bn |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 145.00 Mn |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | - |
| 10 | Tiptree | 659.64 Mn | 851.00 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 |