RenaissanceRe Holdings (RNR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

RenaissanceRe Holdings

NYSE•Financial Services•Insurance - Reinsurance

$348.45+1.61(<0.01%)Market open

Market Cap

$13.97B

P/E

8.9x

P/S

1.5x

P/B

1.2x

RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance contracts to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, transactional liability, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, construction, cyber, energy, marine, satellite, and terrorism. The company distributes products and services primarily through intermediaries. It invests in and manages funds. RenaissanceRe Holdings Ltd. was incorporated in 1993 and is headquartered in Pembroke, Bermuda.

How this company scores

AverageMetricSide Score: 52/100

Strongest: Balance Sheet & Red Flags (16/25); weakest: Growth (6/25).

Profitability14/25

Growth6/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality16/25

Strengths

Strong marginsLow leverageCash-backed earningsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 8.9x5y range 3.8x – 20.5x

Currently above its 14-quarter median.

P/S · 1.5x5y range 0.9x – 1.6x

Currently near its 20-quarter median.

P/B · 1.2x5y range 1.0x – 1.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Revenue Decline

Watch

Revenue has softened, declining in 4 quarters. Watch for further erosion.

Price & Volume

Market Cap $13.97B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $9.63B
Q. Revenue: $1.69B
TTM EBITDA: $9.13B
TTM Op. Income: $9.22B
Q. Op. Income: $1.59B
TTM Net Income: $1.56B
Q. Net Income: $-152.54M
EPS: N/A
Shares Out.: $40.28M

$9.63B in TTM revenue declined 20.9% YoY, reaching $1.69B last quarter. TTM EBITDA of $9.13B and TTM operating income of $9.22B show growth is flowing through to the bottom line. TTM net income of $1.56B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 3 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 92.3%
Op. Margin: 93.8%
Net Margin: -9.0%

Op. margin of 93.8% is down 2.3% YoY — costs are rising relative to revenue. Net margin at -9.0% Over the past year, operating margin is down 2% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 8.9x
P/S Ratio: 1.5x
P/B Ratio: 1.2x

At 8.9x P/E, the stock trades below typical market levels. P/S of 1.5x and P/B of 1.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $54.83B
Cash: $1.10B
Long-Term Debt: $2.33B
Book Value: $11.35B
D/E Ratio: 0.2
Debt/EBITDA: 1.5

With $54.83B in assets and $2.33B in long-term debt, D/E is 0.2and book value is $11.35B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 6% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $794.50M
TTM Free Cash Flow: $2.82B
FCF Margin: 29.3%
FCF / Net Income: 1.8

TTM FCF of $2.82B on $794.50M in operating cash flow. The FCF / Net Income ratio of 1.8x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.