Tiptree Inc. financial data

Symbol
TIPT on Nasdaq
Industry
Fire, Marine & Casualty Insurance
Location
660 Steamboat Road, 2 Nd Floor, Greenwich, Connecticut
State of incorporation
Maryland
Fiscal year end
December 31
Former names
TIPTREE FINANCIAL INC. (to 1/4/2017), Care Investment Trust Inc. (to 6/28/2013)
Latest financial report
Q1 2024 - May 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.07 K % +20.7%
Return On Equity 4.25 %
Return On Assets 0.49 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 36.8 M shares +0.14%
Common Stock, Shares, Outstanding 36.8 M shares +0.13%
Entity Public Float 368 M USD +68.4%
Common Stock, Value, Issued 37 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 36.8 M shares +0.68%
Weighted Average Number of Shares Outstanding, Diluted 37.8 M shares +3.44%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.77 B USD +21.4%
Revenue from Contract with Customer, Excluding Assessed Tax 357 M USD +15.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 105 M USD +65.6%
Income Tax Expense (Benefit) 51.9 M USD -6.67%
Net Income (Loss) Attributable to Parent 24.1 M USD
Earnings Per Share, Basic 0.65 USD/shares
Earnings Per Share, Diluted 0.58 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 475 M USD +15.2%
Property, Plant and Equipment, Net 29.1 M USD +5.37%
Operating Lease, Right-of-Use Asset 30 M USD -8.42%
Intangible Assets, Net (Excluding Goodwill) 115 M USD -12.3%
Goodwill 206 M USD -0.34%
Assets 5.19 B USD +20.5%
Deferred Income Tax Liabilities, Net 151 M USD +49.6%
Liabilities 4.59 B USD +21.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -27.9 M USD +15.6%
Retained Earnings (Accumulated Deficit) 67.5 M USD +31.8%
Stockholders' Equity Attributable to Parent 425 M USD +6.01%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 599 M USD +10.5%
Liabilities and Equity 5.19 B USD +20.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 62.7 M USD +45.7%
Net Cash Provided by (Used in) Financing Activities 7.98 M USD -89.8%
Net Cash Provided by (Used in) Investing Activities 40.5 M USD
Common Stock, Shares Authorized 200 M shares 0%
Common Stock, Shares, Issued 36.8 M shares +0.13%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 110 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 603 M USD +41.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 26.5 M USD -9.95%
Deferred Tax Assets, Valuation Allowance 12.4 M USD +4.37%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 157 M USD +1.12%
Operating Lease, Liability 38.8 M USD -3.09%
Payments to Acquire Property, Plant, and Equipment 787 K USD -84.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 29.2 M USD +36.4%
Lessee, Operating Lease, Liability, to be Paid 59.4 M USD -8.23%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.67 M USD +5.27%
Lessee, Operating Lease, Liability, to be Paid, Year One 9.71 M USD +2.28%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) 12.8 M USD +212%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 19 M USD -20.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 9.05 M USD +1.89%
Deferred Tax Assets, Operating Loss Carryforwards 30.8 M USD -18.6%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 38.1 M USD -4.64%
Current Income Tax Expense (Benefit) 6.03 M USD +108%
Preferred Stock, Shares Authorized 100 M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.22 M USD -13.1%
Additional Paid in Capital 385 M USD +0.69%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 940 K USD -41.7%
Current Federal Tax Expense (Benefit) 2.12 M USD +747%
Amortization of Intangible Assets 17.1 M USD +4.85%
Depreciation, Depletion and Amortization 5.57 M USD +6%
Deferred Tax Assets, Net of Valuation Allowance 144 M USD +0.85%
Deferred State and Local Income Tax Expense (Benefit) -1.45 M USD -120%
Interest Expense 29.5 M USD +11.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%