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Everest Group, Ltd., together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. It operates in two segment, Insurance and Reinsurance. The company writes property and casualty reinsurance; treaty and facultative reinsurance products; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies; and writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents. It provides reinsurance products comprising mortgage, catastrophe, marine, aviation, engineering, professional line, credit and surety, motor, agriculture/crop, and political violence reinsurance products. In addition, the company offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $17.2B | - | $1.6B | $3.1B | 10.3% | 0.8% | 15.9% |
| 2024 | $17.1B | - | $1.4B | $5.0B | 9.9% | 18.1% | -45.5% |
| 2023 | $14.5B | - | $2.5B | $4.6B | 19.1% | 20.7% | 321.6% |
| 2022 | $12.0B | - | $597M | $3.7B | 7.1% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 11,985 | 14,464 | 17,076 | 17,218 |
| EBIT | - | 689 | 2,288 | 1,642 | 2,038 |
| Pretax Income | - | 588 | 2,154 | 1,493 | 1,887 |
| Tax Provision | - | -9 | -363 | 120 | 296 |
| Net Income | - | 597 | 2,517 | 1,373 | 1,591 |
| Net Income Common Stockholders | - | 589 | 2,488 | 1,358 | 1,573 |
| Total Expenses | - | 11,397 | 12,311 | 15,581 | 15,332 |
| Interest Expense | - | 101 | 134 | 149 | 151 |
| Interest Income | - | 2 | 10 | 26 | 26 |
| Selling General And Administration | 68 | 61 | - | - | - |
| Normalized Income | - | 597 | 2,517 | 1,373 | 1,591 |
| Market Cap | 13,742.12 | 13,742.12 | 13,742.12 | 13,742.12 | 13,742.12 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Everest Group, Ltd.this co. | EG | $14.5B | 8.64↓ discount | 0.89 | 10.3% | - |
| Huntington Bancshares Incorporated | HBAN | $25.7B | 15.04 | 1.54 | 10.2% | - |
| Loews Corporation | L | $23.1B | 13.65 | 1.22 | 8.9% | - |
| T. Rowe Price Group, Inc. | TROW | $22.3B | 10.35 | 1.99 | 19.2% | 6.06 |
| Principal Financial Group, Inc. | PFG | $22.1B |
| - |
| - |
| - |
| - |
| - |
| 18.14 |
| 1.81 |
| 10.0% |
| - |
| Brown & Brown, Inc. | BRO | $20.6B | 21.28 | 1.79 | 8.4% | 14.32 |
| Franklin Resources, Inc. | BEN | $15.6B | 26.91 | 1.17 | 4.3% | 16.87 |
| Globe Life Inc. | GL | $12.4B | 10.31 | 2.00 | 19.4% | - |
| Assurant, Inc. | AIZ | $11.7B | 13.11 | 1.95 | 14.9% | - |
| Peer Median | - | 14.34 | 1.80 | 10.1% | 14.32 | |