TIPT · Tiptree Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · TIPT

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$488.0K	$2.04B	$1.65B	$1.40B	$1.20B	$810.30M
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	-	$42.59M	$38.09M	$26.22M	$36.65M	$22.30M
Total Operating Expenses	$47.21M	$1.89B	$1.57B	$1.34B	$1.14B	$849.15M
D&A	$1.45M	$21.65M	$23.47M	$22.97M	$24.44M	$17.58M
Operating Income	($40.27M)	$149.32M	$83.05M	$54.01M	$65.34M	($38.85M)
Interest Expense	-	$32.25M	$27.69M	$30.24M	$37.67M	$32.58M
Income Tax	($5.69M)	$61.65M	$43.06M	$50.45M	$21.29M	($13.63M)
Net Income	$34.93M	$53.37M	$13.95M	($8.27M)	$38.13M	($29.16M)
EPS - Basic	$0.93	$1.44	$0.38	($0.23)	$1.13	($0.86)
EPS - Diluted	$0.76	$1.30	$0.33	($0.23)	$1.09	($0.86)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$30.78M	$320.07M	$468.71M	$538.07M	$175.72M	$136.92M
Accounts Receivable	-	-	-	-	-	-
Inventory	-	-	-	-	-	-
Accounts Payable	-	-	-	-	-	-
Current Assets	$38.17M	$38.17M◇	-	-	-	-
Total Assets	$6.84B	$5.69B	$5.14B	$4.04B	$3.60B	$3.00B
Current Liabilities	$15.57M	$15.57M◇	-	-	-	-
Long-term Debt	$0	$427.09M	$402.41M	$259.37M	$393.35M	$366.25M
Total Liabilities	$6.09B	$5.04B	$4.56B	$3.51B	$3.20B	$2.62B
Stockholders' Equity	$508.55M	$457.70M	$416.87M	$397.37M	$382.95M	$356.14M
Retained Earnings	$121.57M	$95.72M	$60.66M	$54.11M	$68.15M	$35.42M

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$168.22M	$240.76M	$71.45M	$463.07M	$204.32M	$140.17M
Investing Cash Flow	($202.03M)	($322.99M)	($244.67M)	$9.51M	($273.76M)	($123.49M)
Financing Cash Flow	$11.48M	$6.29M	$113.41M	($115.19M)	$73.73M	$31.75M
CapEx	$0	$4.03M	$14.03M	$10.73M	$2.76M	$6.69M
Free Cash Flow	$168.22M	$236.72M	$57.42M	$452.35M	$201.55M	$133.47M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	-8252.9%	7.3%	5.0%	3.9%	5.4%	-4.8%
EBITDA margin	-7956.1%	8.4%	6.5%	5.5%	7.5%	-2.6%
Net margin	7157.2%	2.6%	0.8%	-0.6%	3.2%	-3.6%
Free cash flow margin	34470.9%	11.6%	3.5%	32.4%	16.8%	16.5%
FCF / Net income	4.82	4.44	4.12	-54.67	5.29	-4.58
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	2.1%	2.3%	1.9%	3.1%	2.8%
Effective tax rate	-19.5%	53.6%	75.5%	119.6%	35.8%	-
Return on assets	0.5%	0.9%	0.3%	-0.2%	1.1%	-1.0%
Return on equity	6.9%	11.7%	3.3%	-2.1%	10.0%	-8.2%
Return on invested capital	-7.9%	8.4%	5.1%	4.1%	5.4%	-4.2%
Liquidity
Current ratio	2.45	2.45	-	-	-	-
Quick ratio	2.45	2.45	-	-	-	-
Cash ratio	1.98	20.55	-	-	-	-
Leverage
Debt / Equity	0.00	0.93	0.97	0.65	1.03	1.03
Debt / Assets	0.00	0.07	0.08	0.06	0.11	0.12
Debt / EBITDA	-	2.50	3.78	3.37	4.38	-
Interest coverage	-	4.6x	3.0x	1.8x	1.7x	-1.2x
Equity multiplier	13.45	12.44	12.33	10.17	9.40	8.41
Liabilities / Assets	0.89	0.88	0.89	0.87	0.89	0.88
Efficiency
Asset turnover	0.00	0.36	0.32	0.35	0.33	0.27
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	24.0x	16.0x	57.5x	-	12.7x	-
P / B	1.3x	1.7x	1.7x	1.2x	1.2x	0.5x
P / S	1406.2x	0.4x	0.4x	0.4x	0.4x	0.2x
EV / EBITDA	-	5.3x	6.1x	2.8x	7.6x	-
Growth
Revenue growth (YoY)	-100.0%	23.9%	18.0%	16.4%	48.2%	4.9%
Revenue CAGR (3y)	-93.0%	19.4%	26.7%	21.8%	24.3%	11.7%
Revenue CAGR (5y)	-77.3%	21.5%	21.4%	19.2%	16.2%	13.0%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	-	79.8%	53.8%	-17.3%	-	-
Net income growth (YoY)	-34.6%	282.5%	-	-	-	-
EPS growth (YoY)	-41.5%	293.9%	-	-	-	-
EPS CAGR (3y)	-	6.0%	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	-28.9%	312.3%	-87.3%	124.4%	51.0%	776.8%
FCF CAGR (5y)	4.7%	73.1%	1.2%	58.5%	41.8%	-
Book value growth (YoY)	11.1%	9.8%	4.9%	3.8%	7.5%	-10.5%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2024-12-31.

Business segments

$2.04B total

Tiptree Insurance$1.97B · 96.8%

Tiptree Capital Mortgage$65.91M · 3.2%

Product / service

$341.47M total

Service Contract Revenue$294.50M · 86.2%

Motor Club Revenue$43.26M · 12.7%

Other Contract Revenue$3.71M · 1.1%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

0.03

Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

5/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✓Long-term debt decreased
✗Current ratio improved
✓No share dilution
-Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Fire, Marine & Casualty Insurance

Company	Revenue (last FY)	Net margin	ROE
PGR	$87.67B	12.9%	37.3%
DGICA	$978.01M	8.1%	12.4%
AIG	$26.77B	11.6%	7.5%
TRV	$48.83B	12.9%	19.1%
CINF	$12.63B	18.9%	15.0%

Comparing TIPTREE INC. against the 5 most active filers in the same SIC group.

Dividends

$0.24/share trailing 12 months · -51.0% YoY

Ex-date	Per share
May 18, 2026	$0.0600
Mar 16, 2026	$0.0600
Nov 17, 2025	$0.0600
Aug 18, 2025	$0.0600
May 12, 2025	$0.0600
Mar 10, 2025	$0.0600
Dec 11, 2024	$0.2500
Nov 18, 2024	$0.0600
Aug 19, 2024	$0.0600
May 17, 2024	$0.0600
Mar 8, 2024	$0.0600
Nov 17, 2023	$0.0500
Aug 18, 2023	$0.0500
May 19, 2023	$0.0500
Mar 17, 2023	$0.0500
Nov 18, 2022	$0.0400
Aug 19, 2022	$0.0400
May 20, 2022	$0.0400
Mar 18, 2022	$0.0400
Nov 19, 2021	$0.0400
Aug 20, 2021	$0.0400
May 21, 2021	$0.0400
Mar 19, 2021	$0.0400
Nov 20, 2020	$0.0400

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.