Everest Re Group Ltd
0U96.L
$312.75 -0.15%
Exchange: LSE | Sector: Financial Services | Industry: Insurance Reinsurance
Q3 2025
Published: Oct 31, 2025

Earnings Highlights

  • Revenue of $4.32B up 0.8% year-over-year
  • EPS of $6.09 decreased by 47.8% from previous year
  • Net income of 255.00M
  • "N/A" - N/A
0U96.L
Company 0U96.L

Executive Summary

Everest Re Group Ltd reported Q3 2025 revenue of approximately $4.32 billion with EBITDA of $307 million and operating income of $307 million, yielding an operating margin of about 7.1% and a net margin of roughly 5.9%. Net income declined sharply year over year to $255 million, down about 50% from the prior-year period, and EPS came in at $6.09. The sequential results reflect earnings volatility typical of the reinsurance cycle, with a material QoQ drop in both operating and net income from Q2 2025 levels. Despite the earnings wobble, Everest maintains an exceptionally liquid balance sheet, supported by a heavy cash cushion and strong current liquidity (current ratio 11.34; cash ratio 1.525; cash per share $129.66). The stock trades around a price-to-book of 0.95 and a dividend yield of roughly 0.57%, underscoring a conservative valuation given the earnings sensitivity to catastrophe experience and reserve dynamics.

Key Performance Indicators

Revenue
Increasing
4.32B
QoQ: -1.93% | YoY: 0.79%
Operating Income
Decreasing
307.00M
QoQ: -64.01% | YoY: -46.79%
Net Income
Decreasing
255.00M
QoQ: -62.50% | YoY: -49.90%
EPS
Decreasing
6.09
QoQ: -62.17% | YoY: -47.77%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 4,319.00 6.09 +0.8% View
Q2 2025 4,404.00 16.10 +4.2% View
Q1 2025 4,238.00 4.90 +2.5% View
Q4 2024 4,431.00 -12.84 +21.1% View
Q3 2024 4,285.00 11.81 +7.4% View