In Q1 of fiscal 2016, the quarter ended Mar 31, 2016, PartnerRe Ltd. reported revenue of $1.4 billion, down 2.9% from the same quarter a year earlier. Net income was $215.6 million, a profit margin of 15.2%.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.
| Line |
Q1 FY2016
Mar 31, 2016
|
Q4 FY2015
Dec 31, 2015
|
Q3 FY2015
Sep 30, 2015
|
Q2 FY2015
Jun 30, 2015
|
Q1 FY2015
Mar 31, 2015
|
Q4 FY2014
Dec 31, 2014
|
Q3 FY2014
Sep 30, 2014
|
Q2 FY2014
Jun 30, 2014
|
|---|---|---|---|---|---|---|---|---|
| Revenue |
1,417
-2.9%
|
1,379
-17.1%
|
1,399
-14.9%
|
1,192
-28.1%
|
1,459
-3.5%
|
1,663
+1.6%
|
1,643
+5.1%
|
1,658
+59.6%
|
| Gross profit |
145
-39.1%
|
216
-13.9%
|
261
-5.1%
|
180
+8.4%
|
238
-0.8%
|
251
+12.6%
|
275
-28.9%
|
166
+66.0%
|
| Pretax income |
250
-24.6%
|
169
-49.4%
|
-209
-186.4%
|
-111
-132.0%
|
332
-10.1%
|
334
+18.0%
|
242
-39.8%
|
347
+241.6%
|
| Income tax |
31
-61.1%
|
-3
-105.7%
|
17
-63.0%
|
-14
-117.9%
|
80
+28.5%
|
53
+381.8%
|
46
-34.3%
|
78
+204.0%
|
| Net income |
216
-12.3%
|
177
-36.1%
|
-229
-216.8%
|
-89
-132.7%
|
246
-20.7%
|
277
+1.8%
|
196
-41.3%
|
272
+255.4%
|
| Net income to common |
201
-13.1%
|
163
-38.0%
|
-243
-233.5%
|
-103
-139.9%
|
232
-21.7%
|
263
+1.9%
|
182
-43.1%
|
258
+235.8%
|
| Basic EPS |
—
|
3.39
-37.1%
|
-5.08
-238.0%
|
-2.16
-142.1%
|
4.88
-14.7%
|
5.39
+10.9%
|
3.68
-38.2%
|
5.13
+252.2%
|
| Diluted EPS |
—
|
3.30
-37.3%
|
-5.08
-241.1%
|
-2.16
-143.0%
|
4.76
-15.2%
|
5.26
+10.5%
|
3.60
-38.4%
|
5.02
+249.0%
|
| Weighted average shares, basic |
—
|
48
-1.6%
|
48
-3.3%
|
48
-4.9%
|
48
-8.0%
|
49
-8.1%
|
50
-7.7%
|
50
-11.1%
|
| Weighted average shares, diluted |
—
|
53
+5.0%
|
48
-5.6%
|
48
-6.9%
|
49
-7.6%
|
50
-7.7%
|
51
-7.2%
|
51
-9.1%
|
| Margins | ||||||||
| Gross margin |
10.23%
|
15.66%
|
18.66%
|
15.10%
|
16.31%
|
15.09%
|
16.74%
|
10.01%
|
| Pretax margin |
17.65%
|
12.26%
|
-14.94%
|
-9.31%
|
22.72%
|
20.08%
|
14.73%
|
20.93%
|
| Profit margin |
15.22%
|
12.84%
|
-16.37%
|
-7.47%
|
16.85%
|
16.66%
|
11.93%
|
16.41%
|
| Effective tax rate |
12.38%
|
-1.78%
|
—
|
—
|
24.02%
|
15.87%
|
19.01%
|
22.48%
|
How these figures are calculated
Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Accident & Health Insurance (SIC 6321)
- Listed as
- PREJF (OTC)
- Fiscal year ends
- December 31
- Headquarters
- Pembroke, Bermuda
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 911421
- Former names
- PARTNERRE HOLDINGS LTD (until Feb 14, 1995)
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.