TIPTNasdaqFire, Marine & Casualty InsuranceFiscal year ends December 31
TIPTREE INC.
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 29, 2026
$16.37−0.09 (-0.55%)
Close on Oct 19, 2026
- Market cap
- $618.61M
- P/E (TTM)
- 17.1
- Dividend yield
- 1.47%
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
-9574.6%
Net margin
7157.2%+7160.8 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 | -67.9% | -93.0% | -77.3% | -48.8% | |
| Net income | -34.6% | – | – | +19.7% | |
| EPS, diluted | -43.3% | – | – | – | |
| Free cash flow | -30.1% | -28.1% | +4.7% | – | |
| Dividend per share | -51.0% | +14.5% | +8.4% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 8.4% | -7.7% | 7.2% | |
| Return on assets | 0.9% | -1.1% | 0.6% | |
| Current ratio | – | – | 1.88 | |
| Debt to equity | – | – | 0.14 | |
| Net debt to EBITDA | – | – | -0.91× | |
| Interest coverage | – | – | – | |
| Capex to revenue | 0.3% | 0.8% | 0.0% | |
| Diluted shares | – | 34M | 38M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Tiptree generated $1.15B from operations and spent $75.46M on capital expenditure, dividends and share buybacks. 23% of that went back into the business.
Generated
$1.15B
Used
$75.46M
Capital expenditure$17.62M23%Dividends$47.97M64%Share buybacks$9.87M13%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin7157.2%
×Asset turnover0.00×
×Equity multiplier12.97×
=Return on equity, FY20257.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 7157.2% | 0.00× | 12.97× | 7.2% |
| FY2024 | 3511.0% | 0.00× | 12.39× | 12.2% |
| FY2023 | 658.7% | 0.00× | 11.27× | 3.4% |
| FY2022 | -0.6% | 0.37× | 9.79× | -2.1% |
| FY2021 | 3.2% | 0.36× | 8.92× | 10.3% |
| FY2020 | -3.6% | 0.31× | 6.89× | -7.7% |
| FY2019 | 2.4% | 0.38× | 5.17× | 4.7% |
| FY2018 | 3.8% | 0.32× | 5.61× | 7.0% |
| FY2017 | 0.6% | 0.24× | 8.22× | 1.2% |
| FY2016 | 5.0% | 0.19× | 8.88× | 8.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$34.93M
- Cash generatingOperating cash flow above zero$168.22M
- Return on assets improvedROA up on the prior year1.0% → 0.6%
- Earnings backed by cashOperating cash flow above net income$168.22M vs $34.93M
- Less leverageLong-term debt to assets fell0.0% → 0.9%
- Better liquidityCurrent ratio rose2.45 → 1.88
- No dilutionShare count did not rise37M → 38M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.00 → 0.00