EVEREST GROUP, LTD.

10-K & 10-Q Filings

Everest Group, Ltd. is a Bermuda-based reinsurance and insurance organization with a global presence. The company's principal business involves underwriting reinsurance and insurance in the US, Bermuda, and other international markets. Everest operates through two business segments: Reinsurance and Insurance. The Reinsurance segment writes property and casualty reinsurance and specialty lines of business on a treaty, facultative, and large corporate risk basis. The Insurance segment writes property and casualty insurance directly and through brokers. Everest's business strategy focuses on disciplined underwriting, prioritizing underwriting profitability over premium volume, and flexibility to adjust and respond to changing market conditions. The company's website is www.everestre.com, and its ticker symbol is NYSE: EG.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$4693.96
4922.81
5640.84
5790.59
5837.89
5794.35
6608.07
7377.21
8231.17
9598.11
11866.26
12060.00
14587.00
3286.00
4133.00
9.91%25.78%Premiums Earned (+)
$4101.35
4164.63
4753.54
5169.14
5481.46
5320.47
5937.84
6931.70
7403.69
8681.51
10406.44
11787.00
13443.00
3100.00
3652.00
10.40%17.81%Selling, General & Administrative (-)
$966.98
976.68
1002.38
1159.01
1225.29
1188.69
1303.96
1519.03
1703.73
1873.25
2208.77
2528.00
2952.00
661.00
782.00
9.75%18.31%Operating Expenses (-)
$1224.79
1234.70
1291.11
1419.50
1587.90
1511.05
1715.75
1961.33
2188.63
2455.44
2892.40
3474.00
4019.00
991.00
1034.00
10.41%4.34%Costs & Expenses (Total) (-)
$4927.91
3983.28
4085.87
4344.47
4629.38
4694.50
6202.89
7603.68
7132.18
9012.76
10320.64
11472.00
12432.00
2878.00
3302.00
8.02%14.73%Operating Income/Loss (+)
$-233.95
939.53
1554.97
1446.11
1208.51
1099.84
405.18
-226.47
1098.99
585.35
1545.62
588.00
2155.00
408.00
831.00
103.68%Non-operating Income/Expense (+)
$
-11.60
6.32
18.65
9.58
0.52
6.37
Interest Expense (-)
$52.32
53.68
46.12
38.53
36.19
36.23
31.60
31.03
Earnings before Tax (+)
$-233.95
939.53
1554.97
1446.12
1208.51
1099.84
405.18
-226.47
1098.99
585.35
1545.62
588.00
2154.00
408.00
832.00
103.92%Tax Expense (-)
$-153.46
110.57
289.71
187.65
134.02
103.50
-63.78
-330.02
89.53
71.20
166.54
-9.00
-363.00
43.00
99.00
130.23%Income/Loss (Continuing Operations) (+)
$-80.49
828.95
1265.26
1258.46
1074.49
996.34
468.97
103.55
1009.46
514.15
1379.08
597.00
2517.00
365.00
733.00
100.82%Profit/Loss (+)
$
1265.26
1258.46
1074.49
996.34
468.97
103.55
1009.46
514.15
1379.08
597.00
Net Income/Loss (NCI) (-)
$
5.88
59.31
96.62
Net Income/Loss (+)
$-80.49
828.95
1259.38
1199.16
977.87
996.34
468.97
103.55
1009.46
514.15
1379.08
597.00
2517.00
365.00
733.00
100.82%Net Income/Loss (Common) (+)
$-80.49
828.95
1259.38
1199.16
977.87
996.34
468.97
103.55
1009.46
514.15
1379.08
597.00
2517.00
365.00
733.00
100.82%EPS (Basic)
$-1.49
15.85
25.67
26.16
22.29
60.19
9.31
16.87
81.20%EPS (Diluted)
$-1.49
15.79
25.44
25.91
22.10
23.68
11.36
2.53
24.70
12.78
34.62
15.19
60.19
9.31
16.87
81.20%Weighted Avg Shares (Basic)
53.74
51.10
47.37
44.47
42.69
43.38
39.28
43.46
-1.77%10.65%Cash
$448.65
537.05
611.38
437.47
283.66
481.92
635.07
656.10
808.04
801.65
1440.86
1398.00
1437.00
1610.00
1544.00
10.19%-4.10%Short-term Investments
$685.33
860.38
1214.20
1705.93
1795.45
431.48
509.68
240.99
414.71
1134.95
3004.24
1313.00
2315.00
1284.00
2613.00
10.68%103.50%Receivables
$1119.17
1306.30
1485.17
1582.74
1737.83
1663.69
2144.32
2810.67
2564.80
2697.82
3295.98
4078.00
4768.00
3922.00
5101.00
12.84%30.06%Securities & Long-term Investments
$1243.56
2754.00
3204.11
3757.19
3922.28
2774.69
3105.10
2551.71
3115.52
4619.77
4098.30
28192.00
35516.00
29575.00
36388.00
32.22%23.04%Other Assets
$15396.84
14320.18
13293.17
13334.49
13686.94
15969.72
17197.62
18534.54
20420.99
23534.17
26345.90
4985.00
5363.00
5448.00
5291.00
-8.41%-2.88%Assets (Total)
$18893.56
19777.91
19808.04
20817.82
21426.17
21321.50
23591.79
24794.00
27324.05
32788.36
38185.28
39966.00
49399.00
41839.00
50937.00
8.34%21.75%Accounts Payable
$
48.83
53.87
41.09
15.31
27.93
38.74
51.11
30.65
206.69
16.70
1.00
137.00
201.00
403.00
100.50%Insurance Liabilities
$1531.53
1551.41
1755.84
11649.22
11790.92
12135.92
14153.91
15901.92
17002.30
20232.43
24104.51
27808.00
31876.00
28943.00
32753.00
28.78%13.16%Securities (Liabilities)
$69.73
128.30
89.29
88.11
56.02
49.99
51.22
63.07
36.23
206.69
16.70
1.00
137.00
201.00
403.00
5.79%100.50%Debt (Non-current)
$818.11
818.16
488.32
638.36
638.37
633.18
633.39
633.61
633.83
1600.39
2569.57
2565.00
2567.00
2566.00
2567.00
10.00%0.04%Other Liabilities
$10402.81
10497.74
10359.06
949.92
1316.97
399.10
345.29
240.48
488.11
815.98
1338.62
1150.00
1480.00
914.00
1182.00
-15.00%29.32%Liabilities (Total)
$12822.18
13044.44
12746.38
13366.70
13817.59
13246.11
15222.56
16890.19
18191.13
23062.18
28046.10
31525.00
36197.00
32825.00
37308.00
9.03%13.66%Treasury Stock
$1073.97
1363.96
1985.87
2485.90
2885.96
3272.24
3322.24
3397.55
3422.15
3622.17
3847.31
3908.00
3908.00
3908.00
3943.00
11.36%0.90%Retained Earnings
$4884.71
5613.27
6765.97
7819.21
8621.97
9422.93
9685.91
9574.44
10306.57
10567.45
11699.84
12042.00
14270.00
12342.00
14927.00
9.34%20.94%AOCI
$366.98
537.05
157.73
48.32
-231.75
-216.76
-160.89
-462.56
28.15
534.90
11.52
-1996.00
-934.00
-1716.00
-1125.00
34.44%Shareholder's Equity
$6071.38
6733.47
6968.28
7451.12
7608.59
8075.40
8369.23
7903.80
9132.92
9726.18
10139.18
8441.00
13202.00
9014.00
13628.00
6.69%51.19%Liabilities & Equity
$18893.56
19777.91
19808.04
20817.82
21426.17
21321.50
23591.79
24794.00
27324.05
32788.36
38185.28
39966.00
49399.00
41839.00
50937.00
8.34%21.75%Net Income/Loss
$-80.49
828.95
1265.26
1258.46
1074.49
996.34
468.97
103.55
1009.46
514.15
1379.08
597.00
2517.00
365.00
733.00
100.82%Increase/Decrease in Working Capital
$-737.86
203.97
118.40
-231.50
19.45
-315.74
-908.01
-211.96
-1023.18
-2444.88
-2860.52
-2643.00
-1730.00
-603.00
-405.00
32.84%Share-based Compensation
$17.69
31.98
31.84
21.20
21.24
26.40
30.30
32.37
34.02
39.21
43.41
45.00
49.00
12.00
16.00
8.86%33.33%Adjustments to Reconcile Net Income
$740.01
-165.04
-167.00
55.36
233.89
376.66
693.73
506.52
842.54
2359.43
2454.26
3098.00
2036.00
699.00
370.00
8.80%-47.07%Net Cash (Operating)
$659.52
663.91
1098.26
1313.82
1308.38
1373.01
1162.69
610.07
1852.00
2873.58
3833.34
3695.00
4553.00
1064.00
1102.00
17.47%3.57%Capital Expenditure
$127.93
58.37
21.93
224.74
282.66
5348.28
5829.27
3370.45
425.44
557.47
756.56
1547.00
902.00
242.00
138.00
17.68%-42.98%Net Cash (Investing)
$-208.71
-233.83
-224.00
-1180.07
-1121.74
-657.87
-732.58
-279.62
-1412.49
-3683.37
-3868.96
-3418.00
-5902.00
-752.00
-849.00
-12.90%Increase/Decrease in Debt
$-50.00
150.00
968.77
968.36
-6.00
Increase/Decrease in Equity
$-80.22
-268.51
-570.41
-482.19
-386.46
-375.54
-55.31
-83.46
-24.60
-200.02
-225.14
-61.00
1445.00
-35.00
Interest Expenses
$51.65
53.01
38.39
39.42
35.97
36.01
32.19
30.45
31.69
28.41
62.37
98.00
130.00
10.00
16.00
8.00%60.00%Dividends Paid
$103.85
100.40
106.68
156.25
243.26
195.38
207.24
216.22
234.32
249.10
246.70
255.00
288.00
65.00
76.00
8.87%16.92%Net Cash (Financing)
$-234.07
-368.92
-776.49
-312.23
-332.88
-570.92
-275.46
-316.59
-275.69
800.22
674.19
-359.00
1409.00
-103.00
-153.00
-48.54%Cash Taxes Paid
$-44.54
59.75
69.30
153.46
164.86
42.64
53.74
-65.06
-148.59
-169.75
98.03
171.00
196.00
2.00
16.00
700.00%Effect of Exchange Rate
$-26.50
27.23
-23.43
4.58
-7.58
54.05
-1.51
7.17
-11.88
3.19
0.64
39.00
-23.00
3.00
7.00
133.33%Increase/Decrease in Cash
$190.24
88.40
74.33
-173.91
-153.82
198.26
153.15
21.03
151.94
-6.38
639.21
-42.00
38.00
212.00
107.00
-12.56%-49.53%Cash (Beginning)
$258.41
448.65
537.05
611.38
437.47
283.66
481.92
635.07
656.10
808.04
801.65
1441.00
1398.00
1398.00
1437.00
15.11%2.79%Cash (Ending)
$448.65
537.05
611.38
437.47
283.66
481.92
635.07
656.10
808.04
801.65
1440.86
1398.00
1437.00
1610.00
1544.00
10.19%-4.10%NOPAT
$-278.48
879.77
1485.66
1292.66
1043.65
1057.21
468.97
-291.53
1009.46
514.15
1447.59
597.00
2518.17
406.00
815.02
100.74%Operating Margin %
-4.98%
19.09%
27.57%
24.97%
20.70%
18.98%
6.13%
-3.07%
13.35%
6.10%
13.03%
4.88%
14.77%
12.42%
20.11%
NOPAT Margin %
-5.93%
17.87%
26.34%
22.32%
17.88%
18.25%
7.10%
-3.95%
12.26%
5.36%
12.20%
4.95%
17.26%
12.36%
19.72%
Net Margin %
-1.71%
16.84%
22.33%
20.71%
16.75%
17.20%
7.10%
1.40%
12.26%
5.36%
11.62%
4.95%
17.26%
11.11%
17.74%
Tax Rate %
-19.04%
6.36%
4.46%
10.61%
13.64%
3.88%
-15.74%
-28.73%
8.15%
12.16%
6.34%
-1.53%
-16.85%
0.49%
1.92%
ROA
-1.47%
4.45%
7.50%
6.21%
4.87%
4.96%
1.99%
-1.18%
3.69%
1.57%
3.79%
1.49%
5.10%
0.97%
1.60%
ROE
-4.59%
13.07%
21.32%
17.35%
13.72%
13.09%
5.60%
-3.69%
11.05%
5.29%
14.28%
7.07%
19.07%
4.50%
5.98%
ROIC
50.28%
74.46%
65.31%
52.02%
49.92%
17.11%
-8.54%
30.20%
15.61%
32.41%
11.30%
41.50%
10.03%
15.95%
Asset Turnover
0.25
0.25
0.28
0.28
0.27
0.27
0.28
0.30
0.30
0.29
0.31
0.30
0.30
0.08
0.08
Equity Multiplier
3.11
2.94
2.84
2.79
2.82
2.64
2.82
3.14
2.99
3.37
3.77
4.73
3.74
4.64
3.74
Current Ratio
55.37
61.46
90.68
249.25
92.28
84.89
72.54
123.57
22.42
463.59
6789.00
62.19
33.91
22.97
Quick Ratio
55.37
61.46
90.68
249.25
92.28
84.89
72.54
123.57
22.42
463.59
6789.00
62.19
33.91
22.97
Debt/Equity Ratio
0.13
0.12
0.07
0.09
0.08
0.08
0.08
0.08
0.07
0.16
0.25
0.30
0.19
0.28
0.19
Interest Coverage Ratio
-4.53
17.72
40.50
36.68
33.59
30.54
12.59
-7.44
34.68
20.60
24.78
6.00
16.58
40.80
51.94
Working Capital/Sales
0.36
0.35
0.34
0.34
0.37
0.41
0.46
0.41
0.34
0.38
0.44
0.42
1.23
1.24
Dividend Payout Ratio %
37.29%
11.41%
7.18%
12.09%
23.31%
18.48%
44.19%
74.17%
23.21%
48.45%
17.04%
42.71%
11.44%
16.01%
9.32%
Total Payout
$285.72
421.92
715.49
527.86
665.70
606.93
294.75
330.13
290.62
-491.24
-434.15
420.00
-1027.00
75.00
127.00
69.33%Payout Ratio %
102.60%
47.96%
48.16%
40.83%
63.79%
57.41%
62.85%
113.24%
28.79%
-95.54%
-29.99%
70.35%
-40.78%
18.47%
15.58%