JRVRNasdaqFire, Marine & Casualty InsuranceFiscal year ends December 31
James River Group Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$3.86+0.04 (+1.05%)
Close on Oct 19, 2026
- Market cap
- $181.27M
- P/E (TTM)
- 4.9
- Dividend yield
- 1.04%
Margins
Share of revenue, fiscal years 2012 to 2025
Net margin
6.9%+6.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -2.8% | +1.3% | +0.6% | +3.1% | |
| Net income | – | +15.3% | +58.0% | -1.2% | |
| EPS, diluted | – | +10.2% | +37.6% | -8.0% | |
| Dividend per share | -75.0% | -41.5% | -49.4% | -31.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.8% | 0.6% | 9.5% | |
| Return on assets | 3.4% | 0.1% | 1.0% | |
| Capex to revenue | – | 0.1% | 0.7% | |
| Diluted shares | 30M | 31M | 60M |
Where the cash went
Fiscal 2021 to 2025, five years combined
James River Group generated $1.49B from operations and spent $102.04M on capital expenditure, dividends and share buybacks. 30% of that went back into the business.
Generated
$1.49B
Used
$102.04M
Capital expenditure$30.65M30%Dividends$67.01M66%Share buybacks$4.38M4%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin6.9%
×Asset turnover0.14×
×Equity multiplier9.88×
=Return on equity, FY20259.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 6.9% | 0.14× | 9.88× | 9.5% |
| FY2024 | -11.5% | 0.14× | 10.37× | -16.3% |
| FY2023 | -13.3% | 0.16× | 9.61× | -19.8% |
| FY2022 | 4.7% | 0.13× | 7.88× | 4.8% |
| FY2021 | -28.4% | 0.12× | 6.58× | -22.7% |
| FY2020 | 0.7% | 0.13× | 6.41× | 0.6% |
| FY2019 | 4.2% | 0.22× | 5.49× | 5.2% |
| FY2018 | 7.2% | 0.30× | 4.20× | 9.1% |
| FY2017 | 5.3% | 0.32× | 3.68× | 6.3% |
| FY2016 | 12.7% | 0.27× | 3.20× | 10.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$47.43M
- Cash generatingOperating cash flow above zero-$18.79M
- Return on assets improvedROA up on the prior year-1.5% → 0.9%
- Earnings backed by cashOperating cash flow above net income-$18.79M vs $47.43M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise39M → 60M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.13 → 0.14