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Enstar Group (Enstar Group) Net Income

: $1,118 Mil (TTM As of Dec. 2023)
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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Enstar Group's Net Income for the three months ended in Dec. 2023 was $608 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,118 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Enstar Group's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $39.94.


Enstar Group Net Income Historical Data

The historical data trend for Enstar Group's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enstar Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 938.00 1,759.00 538.00 -870.00 1,118.00

Enstar Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 236.00 433.00 30.00 47.00 608.00

Enstar Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Enstar Group's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=955+250+0+-87
=1,118

Enstar Group's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=380+238+0+-10
=608

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,118 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Enstar Group  (NAS:ESGR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Enstar Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Enstar Group Net Income Related Terms

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Enstar Group (Enstar Group) Business Description

Traded in Other Exchanges
Address
22 Queen Street, Windsor Place, 3rd Floor, Hamilton, BMU, HM JX
Enstar Group Ltd is a (re)insurance group that offers capital release solutions through its network of group companies. It seeks to create value by managing (re)insurance companies and portfolios of (re)insurance and other liability business in run-off and striving to generate an attractive risk-adjusted return from its investment portfolio. Its operations through four reportable segments: Run-off, Assumed Life, Investments, and Legacy Underwriting.
Executives
Silvester Dominic Francis Michael director, 10 percent owner, officer: Chief Executive Officer C/O CASTLEWOOD HOLDINGS LIMITED, PO BOX HM 2267, WINDSOR PL., 18 QUEEN ST, HAMILTON D0 HM JX
Stone Point Capital Llc director 20 HORSENECK LANE, GREENWICH CT 06830
Poul Albaek Winslow director ONE QUEEN STREET EAST, SUITE 2500, TORONTO A6 M5C 2W5
Girish Ramanathan officer: Chief Accounting Officer C/O 22 QUEEN STREET, WINDSOR PLACE, 3RD FLOOR, HAMILTON D0 HM 11
Obaidat Nazar Al officer: Chief Investment Officer C/O 22 QUEEN STREET, WINDSOR PLACE, 3RD FLOOR, HAMILTON D0 HM 11
Stone Point Gp Ltd. director C/O CITCO TRUSTEES (CAYMAN) LIMITED, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-1205
Laurence Plumb officer: Chief of Business Operations C/O QUEEN STREET, WINDSOR PLACE, 3RD FLOOR, HAMILTON D0 HM 11
Seema Thaper officer: Chief Risk Officer C/O QUEEN STREET, WINDSOR PLACE, 3RD FLOOR, HAMILTON D0 HM 11
David Kang-wen Ni officer: Chief Strategy Officer C/O 22 QUEEN STREET, WINDSOR PLACE, 3RD FLOOR, HAMILTON D0 HM 11
Matthew Kirk officer: Group Treasurer C/O 22 QUEEN STREET, WINDSOR PLACE, 3RD FLOOR, HAMILTON D0 HM 11
Sharon Anne Beesley director WINDSOR PLACE 3RD FLOOR, 22 QUEEN STREET, HAMILTON D0 HM 11
Robert J Campbell director
Michael P Murphy officer: Chief Accounting Officer ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Zachary Wolf officer: Chief Financial Officer 411 FIFTH AVE. 5TH FLOOR, NEW YORK NY 10016
Kathleen Carbone officer: Chief Accounting Officer 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304

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