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Slide Insurance Holdings, Inc. provides property and casualty insurance services in the United States. The company writes coastal specialty personal lines insurance, including homeowners, condominium unit owners, commercial residential, and other products, as well as offers reinsurance and insurance agency services. Slide Insurance Holdings, Inc. was incorporated in 2021 and is headquartered in Tampa, Florida.
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 | $1.2B | $593M | $444M | $795M | 39.9% | 36.5% | 120.7% |
| 2024 | $847M | $274M | $201M | $544M | 46.4% | 80.7% | 130.2% |
| 2023 | $469M | $120M | $87M | $434M | 36.8% | 93.3% | 291.8% |
| 2022 | $242M | $31M | $22M | $137M | 16.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 242.43 | 468.53 | 846.81 | 1,155.90 |
| EBIT | 30.50 | 120.04 | 273.73 | 592.87 |
| Pretax Income | 30.01 | 117.64 | 269.98 | 589.24 |
| Tax Provision | 7.71 | 30.27 | 68.85 | 145.28 |
| Net Income | 22.30 | 87.37 | 201.12 | 443.96 |
| Net Income Common Stockholders | 22.30 | 87.37 | 201.12 | 443.96 |
| Total Expenses | 212.42 | 350.89 | 576.84 | 566.66 |
| Interest Expense | 0.49 | 2.40 | 3.75 | 3.63 |
| Selling General And Administration | 39.02 | 87.86 | 137.51 | 175.75 |
| Normalized Income | 22.30 | 87.37 | 201.12 | 443.96 |
| Basic EPS | 0.18 | 0.70 | 1.61 | 4.75 |
| Diluted EPS | 0.18 | 0.70 | 1.61 | 3.36 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.26 | 0.26 | 0.25 | 0.25 |
| Net Income From Continuing Operation Net Minority Interest | 22.30 | 87.37 | 201.12 | 443.96 |
| Reconciled Depreciation | 5.93 | 8.73 | 10.31 | 12.44 |
| Net Interest Income | -0.49 | -2.40 | -3.75 | -3.63 |
| Net Income From Continuing And Discontinued Operation | 22.30 | 87.37 | 201.12 | 443.96 |
| Diluted Average Shares | 124.93 | 124.93 | 124.93 | 131.96 |
| Basic Average Shares | 124.93 | 124.93 | 124.93 | 93.37 |
| Diluted NI Availto Com Stockholders | 22.30 | 87.37 | 201.12 | 443.96 |
| Net Income Including Noncontrolling Interests | 22.30 | 87.37 | 201.12 | 443.96 |
| Net Income Continuous Operations | 22.30 | 87.37 | 201.12 | 443.96 |
| Other Income Expense | 1.26 | 2.72 | 0.76 | 1.71 |
| Net Non Operating Interest Income Expense | -0.49 | -2.40 | -3.75 | -3.63 |
| Interest Expense Non Operating | 0.49 | 2.40 | 3.75 | 3.63 |
| Other Operating Expenses | 0 | 0.18 | 1.18 | 0 |
| Depreciation And Amortization In Income Statement | 5.93 | 8.62 | 10.31 | 12.44 |
| Amortization | 5.93 | 8.19 | 7.87 | 7.59 |
| Depreciation Income Statement | 0 | 0.42 | 2.45 | 4.85 |
| General And Administrative Expense | 39.02 | 87.86 | 137.51 | 175.75 |
| Other Gand A | 39.02 | 87.86 | 137.51 | 175.75 |
| Operating Revenue | 242.43 | 468.53 | 846.81 | 1,155.90 |
| Loss Adjustment Expense | 133.49 | 193.27 | 339.29 | 235.46 |
| Net Policyholder Benefits And Claims | 133.49 | 193.27 | 339.29 | 235.46 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Slide Insurance Holdings, Inc.this co. | SLDE | $2.1B | 5.06↓ discount | 2.05 | 39.9% | 1.96 |
| First Busey Corporation | BUSE | $2.2B | 10.60 | 0.91 | 5.5% | - |
| The Bank of N.T. Butterfield & Son Limited | NTB | $2.2B | 9.46 | 1.91 | 20.3% | - |
| Enterprise Financial Services Corp | EFSC | $2.1B | 10.86 | 1.08 | 9.9% | - |
| Pathward Financial, Inc. |
| CASH |
| $2.1B |
| 10.10 |
| 2.19 |
| 21.7% |
| - |
| Kemper Corporation | KMPR | $2.0B | 13.47 | 0.72 | 5.3% | - |
| OFG Bancorp | OFG | $2.0B | 9.38 | 1.38 | 14.8% | - |
| Skyward Specialty Insurance Group, Inc. | SKWD | $2.0B | 11.00 | 1.80 | 16.8% | 6.94 |
| Banco Latinoamericano de Comercio Exterior, S. A. | BLX | $2.0B | 8.77 | 1.19 | 13.5% | - |
| Peer Median | - | 10.35 | 1.29 | 14.1% | 6.94 | |