GLREGREENLIGHT CAPITAL RE, LTD.
Fire, Marine & Casualty Insurance
- Revenue
- $730M
- 4.8% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$68M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear281% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear5% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $589M | $527M | $667M | $696M | $730M | 4.8% |
| Net income | $18M | $25M | $87M | $43M | $75M | 75% |
| Operating cash flow | −$56M | −$32M | $8M | $112M | $210M | 89% |
| Stock-based comp | $3M | $5M | $6M | $4M | $7M | 59% |
| Buybacks | $10M | $35K | $0 | $7M | $10M | 31% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $503K · 5
- Net
- −$503K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $3M | $3M | 199 | 234 |
| FY2024 | $2M | $3M | 192 | 213 |
| FY2023 | $6M | $7M | 156 | 157 |
| FY2022 | $3M | $3M | 111 | 142 |
| FY2021 | $3M | $3M | 107 | 119 |