Tiptree Inc
Tiptree Inc., through its subsidiaries, provides specialty insurance products and related services in the United States and Europe. It operates through two segments, Insurance and Mortgage. The company offers commercial lines insurance products, including professional liability, general liability, contractual liability protection, property and other short-tail, and alternative risks insurance pro… Read more
Tiptree Inc (TIPT) - Net Assets
Latest net assets as of September 2025: $741.42 Million USD
Based on the latest financial reports, Tiptree Inc (TIPT) has net assets worth $741.42 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.42 Billion) and total liabilities ($5.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $741.42 Million |
| % of Total Assets | 11.56% |
| Annual Growth Rate | 4.85% |
| 5-Year Change | 75.82% |
| 10-Year Change | 65.14% |
| Growth Volatility | 137.69 |
Tiptree Inc - Net Assets Trend (2007–2024)
This chart illustrates how Tiptree Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tiptree Inc (2007–2024)
The table below shows the annual net assets of Tiptree Inc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $656.77 Million | +13.91% |
| 2023-12-31 | $576.57 Million | +8.06% |
| 2022-12-31 | $533.57 Million | +33.33% |
| 2021-12-31 | $400.18 Million | +7.13% |
| 2020-12-31 | $373.54 Million | -9.21% |
| 2019-12-31 | $411.42 Million | +3.04% |
| 2018-12-31 | $399.26 Million | +0.63% |
| 2017-12-31 | $396.77 Million | +1.70% |
| 2016-12-31 | $390.14 Million | -1.90% |
| 2015-12-31 | $397.69 Million | -1.00% |
| 2014-12-31 | $401.73 Million | -29.01% |
| 2013-12-31 | $565.86 Million | +542.75% |
| 2012-12-31 | $88.04 Million | -5.92% |
| 2011-12-31 | $93.58 Million | +243.58% |
| 2010-12-31 | $-65.18 Million | -128.74% |
| 2009-12-31 | $226.79 Million | -5.95% |
| 2008-12-31 | $241.13 Million | -17.80% |
| 2007-12-31 | $293.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tiptree Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 10084800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $95.72 Million | 20.91% |
| Common Stock | $37.00K | 0.01% |
| Other Comprehensive Income | $-27.75 Million | -6.06% |
| Other Components | $389.69 Million | 85.14% |
| Total Equity | $457.70 Million | 100.00% |
Tiptree Inc Competitors by Market Cap
The table below lists competitors of Tiptree Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sanjiang Shopping Club Co Ltd
SHG:601116
|
$377.13 Million |
|
International General Insurance Holdings Ltd
NASDAQ:IGIC
|
$377.27 Million |
|
Taier Heavy Industry Co Ltd
SHE:002347
|
$377.31 Million |
|
TF Bank AB
ST:TFBANK
|
$377.32 Million |
|
Ligao Foods Co.Ltd
SHE:300973
|
$376.89 Million |
|
Mahindra Lifespace Developers Limited
NSE:MAHLIFE
|
$376.77 Million |
|
Guangzhou R&F Properties Co. Ltd
PINK:GZUHF
|
$376.74 Million |
|
HAVAS SA
AS:HAVAS
|
$376.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tiptree Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 416,866,000 to 457,698,000, a change of 40,832,000 (9.8%).
- Net income of 53,367,000 contributed positively to equity growth.
- Dividend payments of 24,818,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,677,000.
- Other factors increased equity by 13,960,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $53.37 Million | +11.66% |
| Dividends Paid | $24.82 Million | -5.42% |
| Other Comprehensive Income | $-1.68 Million | -0.37% |
| Other Changes | $13.96 Million | +3.05% |
| Total Change | $- | 9.79% |
Book Value vs Market Value Analysis
This analysis compares Tiptree Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.73x to 1.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $9.37 | $16.17 | x |
| 2008-12-31 | $7.67 | $16.17 | x |
| 2009-12-31 | $7.54 | $16.17 | x |
| 2010-12-31 | $-6.48 | $16.17 | x |
| 2011-12-31 | $9.08 | $16.17 | x |
| 2012-12-31 | $8.56 | $16.17 | x |
| 2013-12-31 | $11.70 | $16.17 | x |
| 2014-12-31 | $16.96 | $16.17 | x |
| 2015-12-31 | $9.42 | $16.17 | x |
| 2016-12-31 | $9.24 | $16.17 | x |
| 2017-12-31 | $8.04 | $16.17 | x |
| 2018-12-31 | $11.15 | $16.17 | x |
| 2019-12-31 | $11.51 | $16.17 | x |
| 2020-12-31 | $10.52 | $16.17 | x |
| 2021-12-31 | $11.37 | $16.17 | x |
| 2022-12-31 | $11.18 | $16.17 | x |
| 2023-12-31 | $11.08 | $16.17 | x |
| 2024-12-31 | $12.07 | $16.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tiptree Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.61%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 12.44x
- Recent ROE (11.66%) is above the historical average (3.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -0.53% | -12.05% | 0.04x | 1.12x | $-30.89 Million |
| 2008 | -12.78% | -138.40% | 0.06x | 1.54x | $-54.92 Million |
| 2009 | -1.25% | -14.12% | 0.06x | 1.39x | $-25.51 Million |
| 2010 | 0.00% | 11.03% | 15.47x | 0.00x | $10.27 Million |
| 2011 | 17.67% | 114.22% | 0.07x | 2.08x | $7.18 Million |
| 2012 | 14.51% | 18.81% | 0.37x | 2.11x | $3.97 Million |
| 2013 | 8.67% | 43.77% | 0.00x | 57.38x | $-1.60 Million |
| 2014 | -0.60% | -2.13% | 0.01x | 28.81x | $-30.16 Million |
| 2015 | 1.85% | 1.47% | 0.16x | 8.00x | $-25.50 Million |
| 2016 | 8.63% | 5.00% | 0.18x | 9.85x | $-4.02 Million |
| 2017 | 1.20% | 0.62% | 0.29x | 6.63x | $-26.40 Million |
| 2018 | 6.18% | 3.82% | 0.34x | 4.82x | $-14.78 Million |
| 2019 | 4.61% | 2.40% | 0.35x | 5.52x | $-21.45 Million |
| 2020 | -8.19% | -3.60% | 0.27x | 8.41x | $-64.77 Million |
| 2021 | 9.96% | 3.18% | 0.33x | 9.40x | $-163.40K |
| 2022 | -2.08% | -0.59% | 0.35x | 10.17x | $-48.01 Million |
| 2023 | 3.35% | 0.85% | 0.32x | 12.33x | $-27.74 Million |
| 2024 | 11.66% | 2.61% | 0.36x | 12.44x | $7.60 Million |
Industry Comparison
This section compares Tiptree Inc's net assets metrics with peer companies in the Insurance - Specialty industry.
Industry Context
- Industry: Insurance - Specialty
- Average net assets among peers: $2,519,148,457
- Average return on equity (ROE) among peers: 4.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tiptree Inc (TIPT) | $741.42 Million | -0.53% | 7.65x | $377.04 Million |
| ACMAT Corporation (ACMT) | $31.30 Million | 2.22% | 0.84x | $2.73 Million |
| Enact Holdings Inc (ACT) | $4.10 Billion | 17.17% | 0.40x | $1.08 Billion |
| Assured Guaranty Ltd (AGO) | $6.55 Billion | 7.95% | 1.08x | $3.63 Billion |
| Ambac Financial Group Inc (AMBC) | $2.28 Billion | -142.47% | 9.34x | $343.48 Million |
| AMERISAFE Inc (AMSF) | $158.78 Million | 23.53% | 5.26x | $612.03 Million |
| AXIS Capital Holdings Ltd (AXS) | $5.87 Billion | 10.94% | 2.41x | $7.47 Billion |
| Beazley plc (BZLYF) | $1.50 Billion | 8.67% | 4.04x | $6.37 Billion |
| Employers Holdings Inc (EIG) | $144.61 Million | 95.15% | 20.40x | $762.61 Million |
| Essent Group Ltd (ESNT) | $4.46 Billion | 18.63% | 0.28x | $5.45 Billion |
| First Acceptance Corp (FACO) | $92.90 Million | -1.32% | 2.47x | $134.82 Million |