NP (Neptune Insurance Holdings) Expense Ratio %: 0.00% (As of Mar. 2026)

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NP Neptune Insurance Holdings Inc NP
17 GF Score
Price $31.59
! 3 Warning Signs
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What is Neptune Insurance Holdings Expense Ratio %?

Neptune Insurance Holdings NP +1.80% 17 Expense Ratio % is 0.00% as of Mar. 2026. GuruFocus rates NP with a GF Score™ of 17/100. The stock has 3 warning signs investors should review.

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It indicates the efficiency of the insurance company before considering its claims and investment gains or losses.

The historical rank and industry rank for Neptune Insurance Holdings's Expense Ratio % or its related term are showing as below:

NP's Expense Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Expense Ratio % only.

Neptune Insurance Holdings  (NYSE:NP) Expense Ratio % Explanation

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It can be used to make comparisons between insurance companies as well as measure their performance. An expense ratio below 100% suggests that the premiums an insurance company earned or wrote are more than the expenses it paid to support those premiums.

However, we should keep in mind that the ratio does not indicate an ending profitability. The overall profit is also influenced by the claims, investment gains or losses and other income. The ratio can be combined with Claims Ratio % and Combined Ratio % to get an overall performance of an insurance company.

Neptune Insurance Holdings Expense Ratio % Related Terms

Neptune Insurance Holdings Expense Ratio % Historical Data

* Premium members only.

The historical data trend for Neptune Insurance Holdings's Expense Ratio % 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.

Neptune Insurance Holdings Expense Ratio % Chart

Neptune Insurance Holdings Annual Data
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NP vs CRVL, ARX, BWIN: Expense Ratio % Comparison

For the Insurance Brokers subindustry, Neptune Insurance Holdings's Expense Ratio %, along with its competitors' market caps and Expense Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NP
17GF Score
Neptune Insurance Holdings Inc NP
Expense Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
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Neptune Insurance Holdings  (NYSE:NP) Expense Ratio % Calculation

Expense Ratio % is calculated as:

Expense Ratio %=Expenses of Acquiring, Underwriting and Servicing Premiums / Net Premium Earned * 100%

* 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.

Frequently Asked Questions
What does a Expense Ratio % of 0.00% mean?
Neptune Insurance Holdings (NP) has a Expense Ratio % of 0.00% as of Mar. 2026. Expense Ratio is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. View historical data on Neptune Insurance Holdings and its competitors.
Is Neptune Insurance Holdings' Expense Ratio % too high?
Neptune Insurance Holdings' current Expense Ratio % is 0.00%. Overall, Neptune Insurance Holdings has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Neptune Insurance Holdings' Expense Ratio % compare to CRVL and ARX?
Neptune Insurance Holdings' Expense Ratio % of 0.00% can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Expense Ratio % for an Insurance company?
A good Expense Ratio % depends on the Insurance industry context. However, Expense Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Expense Ratio % mean?
A high Expense Ratio % can signal that a stock is expensive relative to its fundamentals. Expense Ratio is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. View historical data on Neptune Insurance Holdings and its competitors. Neptune Insurance Holdings's current Expense Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Insurance Holdings stock overvalued right now?
Neptune Insurance Holdings (NP) has a current Expense Ratio % of 0.00%. The current Expense Ratio % is 0.00%. Neptune Insurance Holdings' overall GF Score™ is 17/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Expense Ratio % calculated?
Expense Ratio % is calculated from a company's financial statements. For Neptune Insurance Holdings (NP), the current Expense Ratio % is 0.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Neptune Insurance Holdings Business Description

Address 400 6th Street South, Suite 2, Saint Petersburg, FL, USA, 33701
Neptune Insurance Holdings Inc is a high-growth, profitable, data-driven MGA that offers residential and commercial insurance products, including primary flood insurance, excess flood insurance and parametric earthquake insurance, distributed through a nationwide network of agencies in the United States. The company underwrites and administers the issuance of insurance policies on behalf of a diverse panel of insurance and reinsurance companies and does not take any balance sheet insurance risk or have claims handling responsibility relating to the policies it sells.
17GF Score

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Expense Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.59
Price