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RNRPG.PFD (RenaissanceRe Holdings) Gross-Profit-to-Asset % : 30.43% (As of Sep. 2024)


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What is RenaissanceRe Holdings Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. RenaissanceRe Holdings's annualized Gross Profit for the quarter that ended in Sep. 2024 was $15,872.23 Mil. RenaissanceRe Holdings's average Total Assets over the quarter that ended in Sep. 2024 was $52,162.00 Mil. Therefore, RenaissanceRe Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 30.43%.


RenaissanceRe Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for RenaissanceRe Holdings's Gross-Profit-to-Asset % 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.

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RenaissanceRe Holdings Gross-Profit-to-Asset % Chart

RenaissanceRe Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.57 18.04 16.26 14.32 21.25

RenaissanceRe Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % Get a 7-Day Free Trial 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 17.75 28.71 20.69 21.98 30.43

Competitive Comparison of RenaissanceRe Holdings's Gross-Profit-to-Asset %

For the Insurance - Reinsurance subindustry, RenaissanceRe Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


RenaissanceRe Holdings's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, RenaissanceRe Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where RenaissanceRe Holdings's Gross-Profit-to-Asset % falls into.



RenaissanceRe Holdings Gross-Profit-to-Asset % Calculation

RenaissanceRe Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=9091.134/( (36552.878+49007.105)/ 2 )
=9091.134/42779.9915
=21.25 %

RenaissanceRe Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=15872.228/( (51567.589+52756.41)/ 2 )
=15872.228/52161.9995
=30.43 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


RenaissanceRe Holdings Gross-Profit-to-Asset % Related Terms

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RenaissanceRe Holdings Business Description

Traded in Other Exchanges
Address
12 Crow Lane, Renaissance House, Pembroke, BMU, HM 19
RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company's core products include property, casualty and specialty reinsurance. Revenue is derived from three sources: net premiums earned from the insurance and insurance products sold; net investment income from the investment of capital funds and cash; and other income from the company's joint ventures, advisory services, and other items. The reportable segments of the company are the Property segment which includes catastrophe and other property reinsurance, and the Casualty and Specialty segment which is comprised of casualty and specialty reinsurance. It derives a majority of its revenue from the Casualty and specialty segment.