SiriusPoint Past Earnings Performance
Past criteria checks 5/6
SiriusPoint has been growing earnings at an average annual rate of 9.9%, while the Insurance industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 25.9% per year. SiriusPoint's return on equity is 11.8%, and it has net margins of 10.7%.
Key information
9.9%
Earnings growth rate
4.1%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | 25.9% |
| Return on equity | 11.8% |
| Net Margin | 10.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Not Many Are Piling Into SiriusPoint Ltd. (NYSE:SPNT) Just Yet
Aug 26
Investors Holding Back On SiriusPoint Ltd. (NYSE:SPNT)
May 08Tracking Dan Loeb's Third Point Portfolio - Q4 2023 Update
Mar 06SiriusPoint Ltd. (NYSE:SPNT) Could Be Riskier Than It Looks
Jan 23Revisiting SiriusPoint Common And Preferred
Jan 22SiriusPoint Offers Extremely Undervalued 9.3% Bond And An Excellent Preferred Stock
Sep 25SiriusPoint GAAP EPS of -$0.17, revenue of $673.6M
Feb 23SiriusPoint appoints Steve Yendall as CFO
Oct 12Scott Egan is the new CEO of SiriusPoint
Sep 07SiriusPoint GAAP EPS of -$0.38, revenue of $473.1M
Aug 03Bargain 8% Preferred Stock With Best Protection Against Rising Interest Rates: SiriusPoint
Jul 21Tracking Dan Loeb's Third Point Portfolio - Q1 2021 Update
Jun 01Franklin Montross Is The Director of SiriusPoint Ltd. (NYSE:SPNT) And They Just Picked Up 42% More Shares
Mar 17Have Insiders Been Buying Third Point Reinsurance Ltd. (NYSE:TPRE) Shares?
Mar 02Third Point Reinsurance's (NYSE:TPRE) Stock Price Has Reduced 32% In The Past Three Years
Feb 02What Is The Ownership Structure Like For Third Point Reinsurance Ltd. (NYSE:TPRE)?
Dec 08Third Pont Re gets shareholder approvals for Sirius Group merger
Nov 24Revenue & Expenses Breakdown
How SiriusPoint makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 2,615 | 281 | 232 | 0 |
| 30 Jun 24 | 2,638 | 330 | 239 | 0 |
| 31 Mar 24 | 2,649 | 277 | 231 | 0 |
| 31 Dec 23 | 2,733 | 315 | 228 | 0 |
| 30 Sep 23 | 2,810 | 201 | 234 | 0 |
| 30 Jun 23 | 2,704 | 49 | 242 | 0 |
| 31 Mar 23 | 2,418 | -64 | 242 | 0 |
| 31 Dec 22 | 2,106 | -403 | 267 | 0 |
| 30 Sep 22 | 1,830 | -506 | 265 | 0 |
| 30 Jun 22 | 1,963 | -456 | 260 | 0 |
| 31 Mar 22 | 2,049 | -333 | 253 | 0 |
| 31 Dec 21 | 2,130 | 41 | 267 | 0 |
| 30 Sep 21 | 2,119 | 305 | 140 | 0 |
| 30 Jun 21 | 1,652 | 421 | 95 | 0 |
| 31 Mar 21 | 1,362 | 484 | 51 | 0 |
| 31 Dec 20 | 890 | 142 | 42 | 0 |
| 30 Sep 20 | 751 | 39 | 43 | 0 |
| 30 Jun 20 | 689 | -45 | 37 | 0 |
| 31 Mar 20 | 636 | -116 | 48 | 0 |
| 31 Dec 19 | 983 | 200 | 36 | 0 |
| 30 Sep 19 | 656 | -128 | 49 | 0 |
| 30 Jun 19 | 582 | -126 | 49 | 0 |
| 31 Mar 19 | 540 | -159 | 39 | 0 |
| 31 Dec 18 | 377 | -318 | 36 | 0 |
| 30 Sep 18 | 639 | 25 | 43 | 0 |
| 30 Jun 18 | 699 | 93 | 47 | 0 |
| 31 Mar 18 | 807 | 147 | 52 | 0 |
| 31 Dec 17 | 933 | 278 | 53 | 0 |
| 30 Sep 17 | 894 | 187 | 44 | 0 |
| 30 Jun 17 | 924 | 204 | 43 | 0 |
| 31 Mar 17 | 862 | 183 | 39 | 0 |
| 31 Dec 16 | 692 | 28 | 39 | 0 |
| 30 Sep 16 | 729 | 116 | 44 | 0 |
| 30 Jun 16 | 528 | -151 | 42 | 0 |
| 31 Mar 16 | 463 | -189 | 46 | 0 |
| 31 Dec 15 | 574 | -87 | 46 | 0 |
| 30 Sep 15 | 559 | -144 | 46 | 0 |
| 30 Jun 15 | 639 | 45 | 46 | 0 |
| 31 Mar 15 | 608 | 61 | 42 | 0 |
| 31 Dec 14 | 528 | 50 | 40 | 0 |
| 30 Sep 14 | 479 | 144 | 39 | 0 |
| 30 Jun 14 | 504 | 196 | 38 | 0 |
| 31 Mar 14 | 470 | 191 | 36 | 0 |
| 31 Dec 13 | 458 | 226 | 33 | 0 |
Quality Earnings: SPNT has high quality earnings.
Growing Profit Margin: SPNT's current net profit margins (10.7%) are higher than last year (7.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SPNT has become profitable over the past 5 years, growing earnings by 9.9% per year.
Accelerating Growth: SPNT's earnings growth over the past year (39.9%) exceeds its 5-year average (9.9% per year).
Earnings vs Industry: SPNT earnings growth over the past year (39.9%) exceeded the Insurance industry 33.2%.
Return on Equity
High ROE: SPNT's Return on Equity (11.8%) is considered low.