YOLFTbeta
Tiptree Inc

Tiptree Inc

TIPT · NASDAQ · Financial Services / Asset Management

17.56USD+0.04 (+0.23%)

Price History

Full chart

Market Stats

Previous Close17.52
Open17.63
Day Range17.46 – 17.63
52-Week Range15.38 – 19.07
Volume225.30K
Market Cap641.64M
P/E (TTM)0.00
Forward P/E12.11
EPS-0.86
Dividend Yield1.40%
Beta0.93
50-Day Avg17.92
200-Day Avg17.51

About

Tiptree Inc. does not have significant operations. Previously, it was engaged in the provision of specialty insurance products. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was incorporated in 2007 and is based in Greenwich, Connecticut.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Michael Gene Barnes
  • Employees27
  • Headquarters660 Steamboat Road, Greenwich, CT, United States, 06830, USA
  • Websitehttps://www.tiptreeinc.com

Leadership

  • Mr. Michael Gene BarnesExecutive Chairman of the Board & CEO · b. 1967
  • Mr. Randy S. MaultsbyPresident & Director · b. 1974
  • Mr. Scott T. McKinneyChief Financial Officer · b. 1985
  • Ms. Julia Helene WyattChief Operating Officer · b. 1958
  • Mr. Siew Kai KwokGeneral Counsel, Chief Compliance Officer & Secretary
  • Mr. Sagar R. ShahDirector of Strategy & Corporate Development

Financials

Income Statement

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue12.92M22.26M20.01M34.02M14.48M67.90M23.74M80.31M392.33M506.42M579.80M625.83M765.13M810.30M1.20B1.40B1.65B2.04B488.00K
Growth (%)-+72.34%-10.11%+70.00%-57.44%+369.06%-65.03%+238.26%+388.50%+29.08%+14.49%+7.94%+22.26%+5.90%+48.16%+16.43%+17.98%+23.88%-99.98%
Cost of Revenue14.34M44.27M12.15M25.49M1.31M1.44M-3.25M10.12M1.86M139.61M115.95M152.09M170.68M236.90M327.01M452.61M601.79M841.21M33.84M
Gross Profit12.92M22.26M20.01M34.02M13.17M14.52M100.91M80.31M440.12M506.42M579.80M473.73M594.45M573.40M873.50M945.15M1.05B1.20B488.00K
Gross Margin100.00%100.00%100.00%100.00%90.98%21.39%425.00%100.00%112.18%100.00%100.00%75.70%77.69%70.76%72.76%67.62%63.51%58.82%100.00%
Operating Expense-2.63M44.27M12.15M30.26M10.07M9.21M99.08M86.51M445.67M483.36M593.59M493.53M565.31M612.25M808.16M891.14M964.18M1.05B47.21M
Operating Income15.54M-22.01M7.86M3.76M3.10M5.32M1.83M-6.20M-5.55M23.06M-13.79M-19.80M29.14M-38.85M65.34M54.01M83.05M149.32M-46.72M
Operating Margin120.32%-98.89%39.26%11.05%21.41%7.83%7.71%-7.71%-1.41%4.55%-2.38%-3.16%3.81%-4.79%5.44%3.86%5.04%7.31%-9574.59%
EBITDA16.27M-24.73M7.10M3.88M25.90M46.78M24.91M25.27M60.52M98.69M52.22M19.81M69.77M11.31M127.45M107.22M134.21M203.22M-47.40M
EBITDA Margin125.94%-111.11%35.48%11.41%178.92%68.90%104.94%31.47%15.42%19.49%9.01%3.17%9.12%1.40%10.62%7.67%8.14%9.95%-9712.70%
Net Income-1.56M-30.81M-2.83M3.75M16.53M12.77M10.39M-1.71M5.78M25.32M3.60M23.93M18.36M-29.16M38.13M-8.27M13.95M53.37M34.93M
Net Income Margin-12.05%-138.40%-14.12%11.03%114.22%18.81%43.77%-2.13%1.47%5.00%0.62%3.82%2.40%-3.60%3.18%-0.59%0.85%2.61%7157.17%
R&D----00000000-------
R&D as % of Total Revenue----0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense134.00K4.52M6.51M10.67K5.75M8.10M4.87M12.54M16.70M21.01M25.56M27.01M27.06M32.58M37.67M30.24M27.69M32.25M-
Interest Expense % of Total Revenue1.04%20.31%32.54%0.03%39.76%11.92%20.49%15.62%4.26%4.15%4.41%4.32%3.54%4.02%3.14%2.16%1.68%1.58%-

Balance Sheet

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets328.40M370.91M315.43M2.20M194.22M185.80M6.88B8.20B2.50B2.89B1.99B1.86B2.20B3.00B3.60B4.04B5.14B5.69B6.84B
Total Liabilities35.06M129.77M88.64M67.38M100.64M97.76M6.31B7.79B2.10B2.50B1.59B1.47B1.79B2.62B3.20B3.51B4.56B5.04B6.09B
Total Equity293.33M241.13M226.79M-65.18M93.58M88.04M119.91M401.73M397.69M390.14M396.77M399.26M411.42M373.54M400.18M397.37M416.87M457.70M508.55M
Cash15.32M31.80M122.51M209.86K52.31M46.43M120.56M52.99M69.40M63.01M110.67M86.00M133.12M136.92M175.72M538.07M468.71M19.44M30.78M
Total Debt25.00M120.00M81.87M5.90M96.08M95.23M360.61M504.05M864.61M1.21B493.38M512.26M489.24M514.07M551.88M297.40M442.81M374.53M80.74M
Net Debt9.68M88.20M-40.64M5.69M43.77M48.80M240.05M329.87M603.81M730.00M235.41M268.08M241.34M229.33M283.76M-240.67M-25.90M355.09M49.96M

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow11.87M13.03M6.65M1.44M7.83M626.00K-18.39M91.05M-6.29M36.64M46.92M57.72M23.74M140.17M204.32M463.07M71.45M240.76M168.22M
Investing Cash Flow-227.32M-67.92M135.97M-513.80K29.28M356.00K-689.18M-494.17M-215.12M-319.99M205.68M-109.11M-8.33M-123.49M-273.76M9.51M-244.67M-322.99M-202.03M
Financing Cash Flow230.76M71.38M-51.91M-1.42M10.16M-6.86M739.56M506.83M243.66M276.95M-194.41M-2.00M36.93M31.75M73.73M-115.19M113.41M6.29M11.48M
Capital Expenditure204.27M00289.54K260.00K29.00K13.00K245.00K5.66M7.16M2.89M3.75M8.52M6.69M2.76M10.73M14.03M4.03M0
Free Cash Flow-192.40M13.03M6.65M1.15M7.57M597.00K-18.40M90.80M-11.95M29.48M44.03M53.98M15.22M133.47M201.55M452.35M57.42M236.72M168.22M
Dividends Paid3.57M14.28M13.78M3.00K4.12M5.57M366.00K370.00K3.31M3.19M3.50M4.78M5.50M5.57M5.41M7.78M13.73M24.82M9.07M
FCF to OCF-1620.76%100.00%100.00%79.90%96.68%95.37%100.07%99.73%190.09%80.46%93.84%93.51%64.12%95.22%98.65%97.68%80.36%98.33%100.00%
Dividend Paid to FCF-1.86%109.59%207.08%0.26%54.37%932.16%-1.99%0.41%-27.73%10.82%7.95%8.86%36.14%4.17%2.68%1.72%23.91%10.48%5.39%

Earnings

Report DateAug 14, 2007Nov 12, 2007Mar 11, 2008May 15, 2008Aug 12, 2008Nov 14, 2008Mar 16, 2009May 11, 2009Aug 10, 2009Nov 9, 2009Mar 15, 2010May 11, 2010Aug 5, 2010Nov 8, 2010Mar 14, 2011May 10, 2011Aug 9, 2011Nov 9, 2011May 8, 2012Aug 22, 2012Nov 5, 2012Mar 18, 2013May 14, 2013Aug 13, 2013Nov 11, 2013May 13, 2014Aug 20, 2014Nov 12, 2014May 15, 2015Aug 13, 2015Nov 17, 2015Mar 16, 2016May 11, 2016Aug 9, 2016Nov 9, 2016Mar 14, 2017May 11, 2017Aug 8, 2017Nov 7, 2017Mar 14, 2018May 7, 2018Aug 6, 2018Nov 5, 2018Mar 13, 2019May 6, 2019Aug 5, 2019Nov 6, 2019Mar 11, 2020May 7, 2020Aug 6, 2020Nov 4, 2020Mar 11, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Mar 9, 2022May 5, 2022Aug 8, 2022Nov 3, 2022Mar 9, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 29, 2024May 1, 2024Jul 31, 2024Oct 30, 2024Feb 26, 2025Apr 29, 2025Jul 29, 2025Oct 29, 2025Dec 31, 2025Mar 31, 2026Jul 29, 2026Oct 30, 2026
EPS Estimate0.010.10-0.090.02-0.01--0.12-0.07-----------------------------------------------------------------
EPS Actual-0.290.120.120.010.02-0.11-0.900.08-0.02-0.01-0.15-0.28-0.06-0.69-0.21-0.110.100.050.03-0.02-0.01-0.05-0.011.370.180.100.100.01-0.030.47-0.13-0.100.160.170.190.210.06-0.15-0.11-0.26-0.370.02-0.02-0.250.110.32-0.040.11-1.740.110.380.210.810.240.06-0.01-0.03-0.640.380.02-0.030.160.040.880.220.310.290.470.130.370.130.560.34-0.17-
Surprise-3000.00%20.00%--88.89%0.00%-1029.00%-166.67%--114.29%-----------------------------------------------------------------
TimingAfter-hoursPre-market-Pre-marketPre-marketPre-market-Pre-market-Pre-market---------------------------------------------After-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hours--After-hoursPre-market

Key Statistics & Ratios

Market Cap641.64M
Enterprise Value-453.29M
Trailing P/E0.00
Forward P/E12.11
PEG Ratio3.14
Price / Sales0.30
Price / Book0.71
EPS-0.86
Book Value24.34
Revenue (TTM)-1.06M
Gross Profit (TTM)-1.06M
EBITDA-39.94M
Profit Margin0.00%
Operating Margin3907.93%
Return on Equity-3.97%
Return on Assets-0.71%
Shares Outstanding37.24M
Shares Float22.71M
Beta0.93
Dividend Yield1.40%
Dividend Rate0.24
Payout Ratio28.23%

Ownership Breakdown

Institutions
45.89%
Insiders
39.18%
Retail / Other
14.93%

Top Institutional Holders

  • Dimensional Fund Advisors, Inc.
    2.21M5.94%
  • BlackRock Inc
    2.04M5.47%
  • Veradace Capital Management LLC
    1.30M3.50%
  • Vanguard Capital Management, LLC
    989.33K2.66%
  • Geode Capital Management, LLC
    624.14K1.68%
  • Gabelli Funds LLC
    537.47K1.44%
  • State Street Corp
    524.55K1.41%
  • Kennedy Capital Management Inc
    485.37K1.30%
  • Heartland Advisors Inc
    400.00K1.07%
  • Nuveen, LLC
    381.12K1.02%
  • TCW Group Inc
    294.18K0.79%
  • Morgan Stanley - Brokerage Accounts
    275.74K0.74%
  • Arrowstreet Capital Limited Partnership
    273.06K0.73%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    706.44K1.90%
  • iShares Russell 2000 ETF
    674.53K1.81%
  • Heartland Value Investor
    500.00K1.34%
  • CREF Total Global Stock Account R3
    461.94K1.24%
  • DFA US Targeted Value I
    382.66K1.03%
  • DFA US Small Cap I
    266.56K0.72%
  • Dimensional US Targeted Value ETF
    265.69K0.71%

Dividends

20263×
0.06Aug 17, 20260.06May 18, 20260.06Mar 16, 2026
20254×
0.06Nov 17, 20250.06Aug 18, 20250.06May 12, 20250.06Mar 10, 2025
20245×
0.25Dec 11, 20240.06Nov 18, 20240.06Aug 19, 20240.06May 17, 20240.06Mar 8, 2024
20234×
0.05Nov 17, 20230.05Aug 18, 20230.05May 19, 20230.05Mar 17, 2023
20224×
0.04Nov 18, 20220.04Aug 19, 20220.04May 20, 20220.04Mar 18, 2022
20214×
0.04Nov 19, 20210.04Aug 20, 20210.04May 21, 20210.04Mar 19, 2021

Stock Splits

  • Sep 14, 20103:2