Tiptree Inc.TIPT

NasdaqFinanceFire, Marine & Casualty Insurance
Price (close)
$16.98
Market cap
$637.9M
P/E
14.7x
Revenue (TTM)
-$496.9M
Net income
$43.5M
Dividend yield
1.41%
1-year total return
-14.7%
Net margin
—
Revenue growth
-0.1%
Debt / equity
0.14x

What Tiptree Inc. does.

At Tiptree, our mission is to build long-term value by allocating capital to select small and middle market companies across industries. We have a significant track record investing in the insurance and credit-related financial sectors. With proprietary access and a flexible capital base, we seek to uncover compelling investment opportunities and support management teams in unlocking the full value potential of their businesses. This investment philosophy, executed by our experienced leadership, is our hallmark and has delivered consistent risk-adjusted returns to our stockholders since 2007.

We acquire controlling interests and invest in businesses that we believe (i) operate in industries with long-term growth opportunities, (ii) have positive and stable cash flows, (iii) offer scalable business models with embedded optionality, and (iv) have strong management teams. We believe that our patient capital approach and long-term outlook enhances the ability for our businesses to grow earnings and cash flows across market cycles.

Invest for Long-term Returns. Our financial goals are to generate consistent and growing earnings and cash flow, and to enhance stockholder value as measured by growth in stock price plus dividends paid. We manage Tiptree with a long-term perspective, balancing cash-flowing investments with opportunities for capital appreciation. We focus on targeting investment returns that have a combination of current earnings and long-term capital appreciation, understanding that temporary accounting gains and losses may vary significantly from one period to the next.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$810.3M$1.2B$1.4B$2.1M$1.5M$488,000
Net income-$29.2M$38.1M-$8.3M$14.0M$53.4M$34.9M
Free cash flow$133.5M$201.6M$452.3M$67.4M$240.7M$168.2M

More on TIPT.

Figures from Tiptree Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.