Company Analysis

Greenlight Capital Re, Ltd. (GLRE)

Nasdaq: GLRE · Fire, Marine & Casualty Insurance · filing with the SEC since 2007
Grade4.8
◀ Past 4.2● Present 4.9▶ Future 5.7

The grade of Greenlight Capital Re, Ltd.

Nine metrics read from its own filings, by tense
Headline grade
4.8/10
◀ Past4.240% of the headline
● Present4.935% of the headline
▶ Future5.725% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.2/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.8/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2021-10-06.

weight 33% of this tense · 38th percentile among 60 sector filers · read for itself

From the record

Greenlight Capital Re, Ltd.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2021-10-06) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.2/10

What has it actually done, year after year?

+2.4% a year over 10 filed years; profitable in 7 of 10.

weight 22% of this tense · 22nd percentile among 56 sector filers · read for its customers

From the record

Greenlight Capital Re, Ltd.'s 10 filed years say what it did: revenue went from $588 million in fiscal 2016 to $730 million in fiscal 2025, up 2.4% a year; it rose in 6 of 9 years; the deepest fall was 72% from fiscal 2017 to fiscal 2018; net income was positive in 7 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span2.4%bottom 22% of its family
  • the share of years revenue rosebottom 27% of its family
  • the share of filed years with a profitbottom 29% of its family
  • the deepest fall from a revenue peak71.7%bottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.5/10

How has it treated the people who own it?

Share count shrank 4.6% a year. 5% of cash flow returned. Insiders: 25 sales, 5 purchases.

weight 45% of this tense · 55th percentile among 49 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Greenlight Capital Re, Ltd.'s diluted share count shrank about 4.6% a year, and dividends and buybacks returned about 5% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 25 sales and 5 purchases of their own stock on the open market in the year to 2026-11-06, buying about $574 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 10% of its family
  • cash returned against operating cash flowbottom 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.9/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
5.8/10

Is it financially healthy right now?

ROE 11%: 11¢ of profit per shareholder dollar. Leverage 67%: owes 67¢ per asset dollar.

weight 45% of this tense · 58th percentile among 60 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Greenlight Capital Re, Ltd. earned about 11 cents of profit for every dollar of shareholders' money. Leverage: it owed about 67 cents per dollar of assets, and net share issuance: its share count shrank 0.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 19% of its family
  • return on equitybottom 31% of its family
  • the share count against the year beforetop 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.1/10

How strong is its position in its industry?

bottom 41% of 60 in its family; net margin 10.3%.

weight 33% of this tense · 41st percentile among 60 sector filers · read for its customers

From the record

Greenlight Capital Re, Ltd.'s standing among 60 graded names in its industry family: revenue of $730 million in fiscal 2025 ranks in the bottom 29% by size; a net margin of 10.3% ranks in the bottom 43%; revenue growth of 11.5% a year over the last 3 filed years ranks in the top 49% (its annual reports).

What it rests on

  • revenue against the family$730Mbottom 29% of its family
  • net margin10.3%bottom 43% of its family
  • three-year revenue growth11.5%top 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.5/10

What are the people in charge doing?

bottom 45% of 47 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 45th percentile among 47 sector filers · read for its shareholders

From the record

Greenlight Capital Re, Ltd.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Richardson, Greg (Chief Executive Officer, as filed), filing under that title since 2024-01-08, 2.8 years (bottom 29% of its family); the 19 officers and directors filing in the last fifteen months have been on the record a median of 5.3 years (bottom 21%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 19 people in charge now (top 14%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 19 peopletop 14% of its family
  • the median years the people in charge have filed5.3 yearsbottom 21% of its family
  • the chief executive's years on the record2.8 yearsbottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.7/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.6/10

How much room does it have to grow?

top 24% of 60 in its family for room to expand.

weight 33% of this tense · 76th percentile among 60 sector filers · read for itself

From the record

Greenlight Capital Re, Ltd.'s room to grow, from the newest filed statements (fiscal 2025): cash of $112 million against debt of $5 million leaves 4.9% of its assets as net cash, top 26% of its family; cash from operations less capital spending is 28.8% of revenue (top 22%) (its annual report).

What it rests on

  • cash less debt against assets4.9%top 26% of its family
  • cash from operations less capital spending against revenue28.8%top 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.8/10

What could actually drive growth from here?

top 42% of 56 in its family for growth drivers.

weight 33% of this tense · 58th percentile among 56 sector filers · read for its customers

From the record

Greenlight Capital Re, Ltd.'s growth drivers, from the filed years to fiscal 2025: revenue grew 11.5% a year over the last three filed years against 2.4% over all 10, speeding up (top 21% of its family); the newest year grew 4.9% (bottom 37%) (its annual reports). Greenlight Capital Re, Ltd. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+9.1 points a yeartop 21% of its family
  • the newest year's revenue growth4.9%bottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.6/10

Did its newest year beat what its own record pointed to?

bottom 36% of 56 in its family for expectations against reality.

weight 33% of this tense · 36th percentile among 56 sector filers · read for its shareholders

From the record

Greenlight Capital Re, Ltd.'s newest year against its own record: revenue of $730 million in fiscal 2025 came in 8.8% below the $800 million its prior three years' pace pointed to (bottom 35% of its family); net income of $75 million against a prior three-year average of $52 million (bottom 38%); a net margin of 10.3% against 8% before (bottom 35%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-8.8%bottom 35% of its family
  • net income against the prior three years' average+45%bottom 38% of its family
  • net margin against its prior average+2.3 pointsbottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton GLRE · research, not advice