Tiptree (TIPT) Acquisitions (2012 - 2023)
Tiptree (TIPT) posted Acquisitions of -$2.8 million for Q2 2023, down 112.45% on a QoQ basis from $22.5 million in Q1 2023, and down 118.74% year-over-year from $15.0 million in Q2 2022.
Analysis
Tiptree (TIPT) Acquisitions (2012 - 2023) Analysis & Trends
Tiptree has reported Acquisitions for 11 years, with the latest figure at -$2.8 million in 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 was -$2.8 million for Q2 2023 at Tiptree, down from $22.5 million in the prior quarter.
- The five-year high for Acquisitions was $26.2 million in Q4 2020, with the low at -$20.1 million in Q1 2020.
- Average Acquisitions over 5 years is $5.6 million, with a median of $2.2 million recorded in 2019.
- The largest YoY upside for Acquisitions was 118.74% in 2023 against a maximum downside of 118.74% in 2023.
- Over 5 years, Acquisitions stood at $4.6 million in 2019, then soared by 465.79% to $26.2 million in 2020, then slumped by 100.51% to -$133000.0 in 2021, then surged by 11348.12% to $15.0 million in 2022, then plunged 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 131.13 Bn | 117.36 Bn | 9.13 Bn | - |
| 2 | Progressive | 125.86 Bn | 120.86 Bn | 9.04 Bn | - |
| 3 | Travelers Companies | 77.43 Bn | 53.67 Bn | 6.23 Bn | - |
| 4 | Allstate | 64.54 Bn | 25.81 Bn | 16.28 Bn | - |
| 5 | Aflac | 57.68 Bn | -45.32 Bn | 2.27 Bn | - |
| 6 | American International | 39.77 Bn | 1.95 Bn | 3.50 Bn | - |
| 7 | Hartford Insurance | 37.34 Bn | 21.02 Bn | 3.18 Bn | - |
| 8 | Cincinnati Financial | 26.13 Bn | 24.24 Bn | 2.39 Bn | - |
| 9 | Loews | 22.38 Bn | 82.01 Mn | 2.57 Bn | - |
| 10 | Tiptree | 671.29 Mn | 618.80 Mn | - | - |
Historic Data
Download Data
Historic 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 |