Income Statement Everest Group, Ltd. Sao Paulo

Stocks

E1VE34

BRE1VEBDR007

Reinsurance

Delayed Sao Paulo Other stock markets 05:50:04 11/06/26 am AEST			5-day change	1st Jan Change
434.00 ^BRL	-16.57%		-16.57%	-16.57%

09/06	Everest Group Ltd Appoints Peter Chalkias as Country Head and CFO for Australia	CI
21/05	Morgan Stanley Adjusts PT on Everest Group to $355 From $340, Maintains Equalweight Rating	MT

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Published financial data: EVEREST GROUP, LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Premiums and Annuity Revenues	10.41B	11.79B	13.44B	15.19B	15.56B
Total Interest And Dividend Income	600M	755M	1.31B	1.75B	1.85B
Gain (Loss) on Sale of Investments, Total (Rev)	258M	-455M	-276M	19M	-143M
Other Revenues, Total	567M	74.1M	130M	214M	277M
Total Revenues	11.83B	12.16B	14.61B	17.17B	17.54B
Policy Benefits	7.39B	8.1B	8.43B	11.3B	10.86B
Policy Acquisition / Underwriting Costs, Total	2.79B	3.21B	3.8B	4.24B	4.49B
Selling General & Admin Expenses, Total	67.83M	61M	73M	95M	109M
Total Operating Expenses	10.25B	11.37B	12.3B	15.64B	15.46B
Operating Income	1.58B	790M	2.31B	1.53B	2.08B
Interest Expense, Total	-70.15M	-101M	-134M	-149M	-151M
Currency Exchange Gains (Loss)	28.1M	-103M	-24M	58M	-210M
Other Non Operating Income (Expenses)	7.59M	1.9M	500K	5M	38M
EBT, Excl. Unusual Items	1.55B	588M	2.15B	1.44B	1.76B
Gain (Loss) on Sale of Assets	-	-	-	40M	127M
Other Unusual Items	-	-	-	9M	-
EBT, Incl. Unusual Items	1.55B	588M	2.15B	1.49B	1.89B
Income Tax Expense	167M	-9M	-363M	120M	296M
Earnings From Continuing Operations	1.38B	597M	2.52B	1.37B	1.59B
Net Income to Company	1.38B	597M	2.52B	1.37B	1.59B
Net Income - (IS)	1.38B	597M	2.52B	1.37B	1.59B
Preferred Dividend and Other Adjustments	18.2M	8M	29M	15M	18M
Net Income to Common Incl Extra Items	1.36B	589M	2.49B	1.36B	1.57B
Net Income to Common Excl. Extra Items	1.36B	589M	2.49B	1.36B	1.57B
Per Share Items
Net EPS - Basic	34.66	15.1	60.24	31.8	37.81
Basic EPS - Continuing Operations	34.66	15.1	60.24	31.8	37.81
Basic Weighted Average Shares Outstanding	39.26M	39M	41.3M	42.7M	41.6M
Net EPS - Diluted	34.62	15.1	60.19	31.78	37.8
Diluted EPS - Continuing Operations	34.62	15.1	60.19	31.78	37.8
Diluted Weighted Average Shares Outstanding	39.3M	39M	41.3M	42.7M	41.6M
Normalized Basic EPS	24.6	9.42	32.6	21.14	26.44
Normalized Diluted EPS	24.58	9.42	32.6	21.14	26.44
Dividend Per Share	6.2	6.5	6.8	7.75	8
Payout Ratio	17.89	42.71	11.44	24.33	21.06
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITA	1.58B	790M	2.31B	1.53B	2.08B
EBIT	1.58B	790M	2.31B	1.53B	2.08B
Total Revenues (As Reported)	11.87B	12.06B	14.59B	17.28B	17.5B
Effective Tax Rate - (Ratio)	10.77	-1.53	-16.85	8.04	15.69
Current Foreign Taxes	126M	81M	291M	171M	305M
Total Current Taxes	126M	81M	291M	171M	305M
Deferred Foreign Taxes	40.62M	-90M	-654M	-51M	-9M
Total Deferred Taxes	40.62M	-90M	-654M	-51M	-9M
Normalized Net Income	966M	368M	1.35B	902M	1.1B
Interest on Long-Term Debt	62.5M	99M	133M	148M	149M
Non-Cash Pension Expense	-7.25M	-11M	0	-18M	-30M
Supplemental Operating Expense Items
General and Administrative Expenses	67.83M	61M	73M	95M	109M
Net Rental Expense, Total	26.54M	28M	30M	32M	36M
Imputed Operating Lease Interest Expense	5.6M	6.98M	9.51M	10.53M	11.6M
Imputed Operating Lease Depreciation	20.94M	21.02M	20.49M	21.47M	24.4M
Stock-Based Comp., Other (Total)	43.41M	45M	49M	63M	61M
Total Stock-Based Compensation	43.41M	45M	49M	63M	61M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Investment In Debt Securities	21.9B	22.76B	28.17B	29.2B	35.14B
Investment In Equity and Preferred Securities, Total	2.24B	597M	615M	681M	215M
Total Other Investments	4.1B	5.12B	6.92B	10.1B	8.79B
Total investments	28.23B	28.47B	35.7B	39.98B	44.14B
Cash And Equivalents	1.44B	1.4B	1.44B	1.55B	1.32B
Reinsurance Recoverable - (IS)	2.05B	2.24B	2.26B	3.12B	5.11B
Other Receivables - (Insurance Template)	3.45B	4.3B	5.96B	6.97B	7.08B
Deferred Policy Acquisition Costs - (BS)	872M	962M	1.25B	1.46B	1.55B
Net Property Plant And Equipment	139M	128M	123M	108M	176M
Other Current Assets, Total	515M	610M	713M	869M	653M
Other Long-Term Assets, Total	1.49B	1.86B	1.95B	2.28B	2.49B
Total Assets	38.19B	39.97B	49.4B	56.34B	62.51B
Liabilities
Accrued Expenses, Total	19.5M	21M	26M	24M	23M
Insurance And Annuity Liabilities	35.67M	29M	-	-	-
Unpaid Claims	19.01B	22.06B	24.6B	29.89B	34.31B
Unearned Premiums	4.61B	5.15B	6.62B	7.32B	7.28B
Reinsurance Payable - (BS)	468M	580M	674M	728M	909M
Current Portion of Long-Term Debt	-	-	-	719M	719M
Current Portion of Leases	20.86M	21M	24M	21M	28M
Short-Term Borrowings	519M	519M	819M	-	-
Long-Term Debt	2.57B	2.56B	2.57B	2.87B	2.87B
Long-Term Leases	137M	126M	119M	105M	168M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	-	-	-	-
Unearned Revenue Non Current	15.5M	-	-	-	-
Pension & Other Post Retirement Benefits	53.69M	27M	24M	24M	25M
Other Non Current Liabilities	588M	425M	718M	764M	724M
Total Liabilities	28.05B	31.52B	36.2B	42.47B	47.05B
Common Stock, Total	698K	1M	1M	1M	1M
Additional Paid In Capital	2.27B	2.3B	3.77B	3.81B	3.85B
Retained Earnings	11.7B	12.04B	14.27B	15.31B	16.56B
Treasury Stock	-3.85B	-3.91B	-3.91B	-4.11B	-4.91B
Comprehensive Income and Other	11.52M	-2B	-934M	-1.14B	-51M
Total Common Equity	10.14B	8.44B	13.2B	13.88B	15.46B
Total Equity	10.14B	8.44B	13.2B	13.88B	15.46B
Total Liabilities And Equity	38.19B	39.97B	49.4B	56.34B	62.51B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	39.27M	39.16M	43.38M	42.93M	40.39M
ECS Total Common Shares Outstanding	39.27M	39.1M	43.4M	43M	40.7M
Book Value / Share	258.21	215.88	304.19	322.67	379.88
Tangible Book Value	10.14B	8.44B	13.2B	13.88B	15.46B
Tangible Book Value Per Share	258.21	215.88	304.19	322.67	379.88
Total Debt	3.25B	3.23B	3.53B	3.71B	3.78B
Net Debt	1.81B	1.83B	2.09B	2.16B	2.47B
Debt Equivalent of Unfunded Proj. Benefit Obligation	25.32M	6M	-13M	-72M	-93M
Debt Equivalent Oper. Leases	212M	224M	240M	256M	288M
Equity Method Investments, Total	-	-	-	-	35M
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	1.95K	2.43K	2.84K	3.04K	3.06K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	1.38B	597M	2.52B	1.37B	1.59B
Amortization of Deferred Charges, Total	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-182M	510M	212M	-186M	-23M
(Income) Loss On Equity Investments - (CF)	211M	180M	120M	163M	195M
Stock-Based Compensation (CF)	43.41M	45M	49M	63M	61M
Change in Accounts Receivable	-649M	-435M	-1.06B	-715M	-116M
Reinsurance Recoverable - (CF)	-125M	-413M	143M	-1.09B	-1.45B
Reinsurance Payable - (CF)	186M	201M	18M	135M	-235M
Change in Unearned Revenues	1.15B	655M	1.39B	809M	-278M
Change In Income Taxes	68.15M	-181M	-559M	-277M	150M
Change in insurance Reserves / Liabilities	2.94B	3.28B	2.35B	5.69B	3.5B
Change in Other Net Operating Assets (Collected)	-1.18B	-748M	-619M	-1B	-329M
Other Operating Activities	-	-	-	1M	1M
Cash from Operations	3.83B	3.7B	4.55B	4.96B	3.07B
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-4.13B	-3.68B	-6.15B	-4.88B	-2.76B
Other Investing Activities, Total	257M	266M	245M	407M	666M
Cash from Investing	-3.87B	-3.42B	-5.9B	-4.48B	-2.1B
Long-Term Debt Issued, Total	1.18B	-	300M	200M	-
Total Debt Issued	1.18B	-	300M	200M	-
Issuance of Common Stock	-	-	1.44B	-	-
Repurchase of Common Stock	-242M	-81M	-24M	-225M	-819M
Common Dividends Paid	-247M	-255M	-288M	-334M	-335M
Common & Preferred Stock Dividends Paid	-247M	-255M	-288M	-334M	-335M
Other Financing Activities, Total	-14.28M	-23M	-24M	-24M	-21M
Cash from Financing	674M	-359M	1.41B	-383M	-1.18B
Foreign Exchange Rate Adjustments	639K	39M	-23M	16M	-28M
Miscellaneous Cash Flow Adjustments	-	1M	1M	-	-
Net Change in Cash	639M	-42M	38M	112M	-231M
Supplemental Items
Cash Interest Paid	62.37M	98M	130M	147M	150M
Cash Income Tax Paid (Refund)	98.03M	171M	196M	397M	150M
Net Debt Issued / Repaid	1.18B	-	300M	200M	-
Levered Free Cash Flow	-12.79B	-16.44B	-19.62B	-24.04B	-22.34B
Unlevered Free Cash Flow	-12.75B	-16.38B	-19.54B	-23.95B	-22.25B
Change In Net Working Capital	13.78B	16.92B	21.03B	24.97B	23.61B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.79	1.26	3.23	1.81	2.19
Return on Total Capital	7.84	3.94	10.17	5.57	7.07
Return On Equity %	13.88	6.43	23.26	10.14	10.85
Return on Common Equity	13.7	6.34	22.99	10.03	10.72
Margin Analysis
Gross Profit Margin %	13.93	7	16.32	9.47	12.5
SG&A Margin	0.57	0.5	0.5	0.55	0.62
EBITA Margin %	13.36	6.5	15.82	8.91	11.88
EBIT Margin %	13.36	6.5	15.82	8.91	11.88
Income From Continuing Operations Margin %	11.66	4.91	17.23	8	9.07
Net Income Margin %	11.66	4.91	17.23	8	9.07
Net Avail. For Common Margin %	11.5	4.84	17.03	7.91	8.97
Normalized Net Income Margin	8.17	3.02	9.21	5.26	6.27
Levered Free Cash Flow Margin	-108.11	-135.18	-134.3	-140.04	-127.38
Unlevered Free Cash Flow Margin	-107.74	-134.66	-133.72	-139.5	-126.85
Asset Turnover
Asset Turnover	0.33	0.31	0.33	0.32	0.3
Fixed Assets Turnover	82.14	91.09	116.41	148.64	123.53
Receivables Turnover (Average Receivables)	3.68	3.63	3.52	3.34	3.13
Short Term Liquidity
Current Ratio	1.12	1.1	1.19	1.4	1.12
Quick Ratio	0.77	0.75	0.88	1.05	0.72
Operating Cash Flow to Current Liabilities	0.5	0.42	0.43	0.4	0.2
Days Sales Outstanding (Average Receivables)	99.06	100.59	103.74	109.64	116.43
Average Days Payable Outstanding	343.83	362.85	383.12	347.23	449.91
Long Term Solvency
Total Debt/Equity	32.02	38.28	26.73	26.76	24.48
Total Debt / Total Capital	24.25	27.68	21.09	21.11	19.67
LT Debt/Equity	26.69	31.88	20.35	21.43	19.65
Long-Term Debt / Total Capital	20.22	23.06	16.05	16.9	15.78
Total Liabilities / Total Assets	73.45	78.88	73.27	75.37	75.27
EBIT / Interest Expense	22.52	7.82	17.25	10.27	13.79
EBITDA / Interest Expense	22.9	8.1	17.47	10.48	14.03
(EBITDA - Capex) / Interest Expense	22.9	8.1	17.47	10.48	14.03
Total Debt / EBITDA	2.02	3.95	1.51	2.38	1.79
Net Debt / EBITDA	1.12	2.24	0.89	1.39	1.16
Total Debt / (EBITDA - Capex)	2.02	3.95	1.51	2.38	1.79
Net Debt / (EBITDA - Capex)	1.12	2.24	0.89	1.39	1.16
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	23.26	2.82	20.13	17.52	2.22
Gross Profit, 1 Yr. Growth %	148.7	-48.25	180.17	-31.84	35.56
EBITA, 1 Yr. Growth %	154.24	-49.89	192.56	-33.79	36.86
EBIT, 1 Yr. Growth %	154.24	-49.89	192.56	-33.79	36.86
Earnings From Cont. Operations, 1 Yr. Growth %	168.23	-56.71	321.61	-45.45	15.88
Net Income, 1 Yr. Growth %	168.23	-56.71	321.61	-45.45	15.88
Normalized Net Income, 1 Yr. Growth %	164.05	-61.97	266.33	-32.96	21.13
Diluted EPS Before Extra, 1 Yr. Growth %	170.89	-56.38	296.5	-47.2	18.94
Net Property, Plant and Equip., 1 Yr. Growth %	-6.83	-7.91	-3.91	-12.2	62.96
Accounts Receivable, 1 Yr. Growth %	22.87	9.87	31.75	12.79	6.49
Total Assets, 1 Yr. Growth %	16.73	4.66	23.6	14.05	10.96
Common Equity, 1 Yr. Growth %	4.25	-16.75	56.4	5.1	11.43
Tangible Book Value, 1 Yr. Growth %	4.25	-16.75	56.4	5.1	11.43
Cash From Operations, 1 Yr. Growth %	33.4	-3.6	23.22	8.87	-38.11
Levered Free Cash Flow, 1 Yr. Growth %	-612.53	-497.72	-713.95	-1.01K	-1.05K
Unlevered Free Cash Flow, 1 Yr. Growth %	-606.17	-492.04	-699.49	-979.74	-1.01K
Dividend Per Share, 1 Yr. Growth %	0	4.84	4.62	13.97	3.23
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	19.85	12.64	11.14	18.82	9.61
Gross Profit, 2 Yr. CAGR %	18.72	14.45	20.41	38.19	-3.95
EBITA, 2 Yr. CAGR %	17.93	13.93	21.08	39.17	-4.9
EBIT, 2 Yr. CAGR %	17.93	13.93	21.08	39.17	-4.9
Earnings From Cont. Operations, 2 Yr. CAGR %	16.88	7.77	35.1	51.65	-20.5
Net Income, 2 Yr. CAGR %	16.88	7.77	35.1	51.65	-20.5
Normalized Net Income, 2 Yr. CAGR %	18.59	0.26	18.04	56.71	-9.61
Diluted EPS Before Extra, 2 Yr. CAGR %	18.39	9.05	31.86	44.69	-20.75
Net Property, Plant and Equip., 2 Yr. CAGR %	-7.23	-7.35	-5.93	-8.14	19.62
Accounts Receivable, 2 Yr. CAGR %	20.74	16.19	20.31	21.9	9.6
Total Assets, 2 Yr. CAGR %	18.22	10.53	13.74	18.73	12.49
Common Equity, 2 Yr. CAGR %	5.36	-6.84	14.11	28.21	8.22
Tangible Book Value, 2 Yr. CAGR %	5.36	-6.84	14.11	28.21	8.22
Cash From Operations, 2 Yr. CAGR %	43.87	13.39	8.99	15.82	-17.91
Levered Free Cash Flow, 2 Yr. CAGR %	169.36	157.08	117.87	174.29	191.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	167.4	155.43	116.26	171.1	186.15
Dividend Per Share, 2 Yr. CAGR %	3.84	2.39	4.73	9.19	8.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	17.15	13.87	15.09	13.22	12.99
Gross Profit, 3 Yr. CAGR %	108.09	-10.04	54.25	-0.4	37.08
EBITA, 3 Yr. CAGR %	94.86	-11.4	56.01	-1	38.15
EBIT, 3 Yr. CAGR %	94.86	-11.4	56.01	-1	38.15
Earnings From Cont. Operations, 3 Yr. CAGR %	149.27	-16.06	69.81	-0.15	38.64
Net Income, 3 Yr. CAGR %	149.27	-16.06	69.81	-0.15	38.64
Normalized Net Income, 3 Yr. CAGR %	85.49	-18.82	54.42	-2.25	44.12
Diluted EPS Before Extra, 3 Yr. CAGR %	151.74	-15.12	67.97	-2.81	35.54
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-7.44	-6.22	-8.07	11.2
Accounts Receivable, 3 Yr. CAGR %	14.69	17.01	21.16	17.75	16.53
Total Assets, 3 Yr. CAGR %	15.55	13.51	14.73	13.84	16.08
Common Equity, 3 Yr. CAGR %	8.85	-2.59	10.72	11.02	22.35
Tangible Book Value, 3 Yr. CAGR %	8.85	-2.59	10.72	11.02	22.35
Cash From Operations, 3 Yr. CAGR %	84.53	25.89	16.57	8.95	-6.01
Levered Free Cash Flow, 3 Yr. CAGR %	155.8	110.49	99.06	79.84	91.22
Unlevered Free Cash Flow, 3 Yr. CAGR %	153.38	109.43	98.18	78.98	89.71
Dividend Per Share, 3 Yr. CAGR %	5.37	4.17	3.13	7.72	7.17
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	15.26	12.88	14.7	15.82	12.85
Gross Profit, 5 Yr. CAGR %	6.83	11.59	67.13	6.81	27.53
EBITA, 5 Yr. CAGR %	6.43	11.14	61.02	6.13	27.9
EBIT, 5 Yr. CAGR %	6.43	11.14	61.02	6.13	27.9
Earnings From Cont. Operations, 5 Yr. CAGR %	6.72	4.34	95.1	6.34	25.35
Net Income, 5 Yr. CAGR %	6.72	4.34	95.1	6.34	25.35
Normalized Net Income, 5 Yr. CAGR %	7.04	6.99	54.82	5.61	24.64
Diluted EPS Before Extra, 5 Yr. CAGR %	7.89	5.24	94.36	5.17	24.38
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-7.72	3.37
Accounts Receivable, 5 Yr. CAGR %	17.25	14.43	16.91	18.94	16.4
Total Assets, 5 Yr. CAGR %	12.36	11.12	14.82	15.57	13.83
Common Equity, 5 Yr. CAGR %	4.66	0.17	10.93	8.72	9.71
Tangible Book Value, 5 Yr. CAGR %	4.66	0.17	10.93	8.72	9.71
Cash From Operations, 5 Yr. CAGR %	22.61	26.02	49.48	21.76	1.32
Levered Free Cash Flow, 5 Yr. CAGR %	56.35	67.28	91.38	68.64	55.12
Unlevered Free Cash Flow, 5 Yr. CAGR %	55.73	66.63	90.26	68.13	54.71
Dividend Per Share, 5 Yr. CAGR %	5.7	5.18	5.11	6.15	5.23