Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
|
National General Holdings Corp. (NGHC)
|
|
| Income Statement |
|
|
|
|
Annual | Quarterly | TTM |
|
| In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A |
| Revenues | 760.4 | 642.0 | 561.6 | 4,430.9 | 3,553.4 | 2,511.7 | 1,862.1 | 718.9 |
| Revenue growth | 18.4% | 14.3% | -87.3% | 24.7% | 41.5% | 34.9% | 159.0% | -11.1% |
| Loss and loss adjustment expenses | 2,824.1 | 2,854.5 | 2,662.2 | 2,626.1 | 2,092.3 | 1,485.3 | 1,053.1 | |
| Investment expenses | 4.9 | 4.6 | 4.3 | 8.2 | 11.9 | 3.5 | 2.6 | |
| Other operating expenses | -2,763.0 | -2,673.1 | -2,377.4 | 1,577.2 | 1,194.3 | 830.1 | 661.2 | 664.6 |
| General and administrative | 1,043.2 | 1,041.8 | 938.0 | 913.0 | 709.1 | 427.0 | 348.8 | 280.6 |
| Equity in earnings | | | -29.5 | 46.8 | 30.0 | 4.2 | 0.6 | -1.3 |
| EBITDA | 775.1 | | 181.1 | | | | | |
| EBITDA margin | 101.9% | 48.3% | 32.2% | 4.5% | 6.4% | 7.0% | 6.4% | 7.6% |
| Depreciation | 80.7 | | 32.0 | | | | | |
| EBIT | 694.4 | 310.2 | 149.1 | 197.2 | 229.2 | 174.8 | 119.0 | 54.3 |
| EBIT margin | 91.3% | 48.3% | 26.5% | 4.5% | 6.4% | 7.0% | 6.4% | 7.6% |
| Interest income, net [+] | -33.8 | 94.3 | 71.9 | -36.0 | -27.3 | -19.9 | -14.9 | -2.0 |
| Interest expense | 33.8 | 51.5 | 51.4 | 47.1 | 40.2 | 28.9 | 17.7 | 2.0 |
| Interest income | | 145.8 | 123.3 | 11.1 | 12.9 | 9.0 | 2.8 | |
| Pre-tax income | 660.7 | 404.4 | 221.0 | 172.3 | 214.8 | 163.8 | 127.4 | 52.3 |
| Income taxes | 136.5 | 77.0 | 53.5 | 61.3 | 34.0 | 16.2 | 23.9 | 11.1 |
| Tax rate | 20.7% | 19.0% | 24.2% | 35.6% | 15.8% | 9.9% | 18.7% | 21.3% |
| Minority interest | -10.9 | 20.6 | 39.8 | -3.6 | 20.7 | 14.0 | 2.5 | -0.1 |
| Earnings from continuing ops | -44.5 | -13.0 | 7.3 | 74.3 | 151.4 | 123.1 | 100.0 | 42.4 |
| Earnings from discontinued ops | 524.2 | 327.4 | 167.5 | | | | | |
| Net income | 479.7 | 314.5 | 174.9 | 74.3 | 151.4 | 123.1 | 100.0 | 42.4 |
| Net margin | 63.1% | 49.0% | 31.1% | 1.7% | 4.3% | 4.9% | 5.4% | 5.9% |
| |
| Basic EPS | ($0.39) | ($0.11) | $0.07 | $0.70 | $1.43 | $1.25 | $1.09 | $0.65 |
| Diluted EPS | ($0.38) | ($0.11) | $0.07 | $0.68 | $1.40 | $1.22 | $1.07 | $0.59 |
| |
| Shares outstanding (basic) | 113.5 | 113.2 | 107.7 | 106.6 | 106.0 | 98.2 | 91.5 | 65.0 |
| Shares outstanding (diluted) | 116.4 | 116.1 | 110.8 | 108.8 | 108.3 | 100.7 | 93.5 | 71.8 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|