Everest Group, Ltd. EG

FinancialsInsuranceBermuda

Last close 410.97 USD on Nov 1, 2026, +23.2% year to date

Quant rating

Quant rating B Rank 194 of 799 in Financials

Growth A 112 of 799
Valuation C 360 of 799
Quality D 612 of 799
Revisions A 93 of 799
Momentum B 178 of 799

Wall Street consensus Hold (2.53)Average target 406.02 USD −1.2%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 15.4B
Enterprise value: 17.9B
52-week range: 304.55 – 412.94
3-year range: 304.55 – 414.59
Dividend yield: 1.95%
Beta (5 years): 0.25
Shares outstanding: 37.4M
Next earnings: Feb 3, 2027

About the company

Everest Group, Ltd. is a Bermuda-based global company engaged in underwriting activities. It provides property, casualty, and specialty reinsurance, and insurance products. The Company conducts its principal business through three segments: Reinsurance Treaty, Global Wholesale & Specialty, and Legacy. Its Legacy segment primarily includes the divested and held-for-sale parts of the commercial retail insurance business. The Company serves Banking & Financial Services, Healthcare, Insurance, Life Sciences, Private Equity Firms & Investors, Professional Services, Retail & CPG, Technology and other industries. The Company conducts its business in approximately 100 countries. Its subsidiaries include Everest International Reinsurance, Ltd., Bermuda Re, Ireland Re, Everest Corporate Member Limited, Everest Compania de Seguros Generales Chile S.A., Everest Compania de Seguros Generales Colombia S.A., and others.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	15,515	15,308	13,429	11,685	10,443	–
Revenue growth	1.4%	14.0%	14.9%	11.9%	20.2%	12.3%
EPS (basic, normalized)	44.54	29.83	52.58	27.08	28.97	–
EPS growth	49.3%	−43.3%	94.2%	−6.5%	–	–
Gross margin	–	–	–	–	–	–
Net margin	9.0%	7.9%	17.1%	4.7%	11.5%	10.0%
ROE	12.8%	9.5%	20.3%	11.5%	11.6%	13.1%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Current ratio	–
Long-term debt (mil)	3,590
Net debt (mil)	–
Total equity (mil)	14,252
Net debt / equity	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2025 actual	15,515	+1.4%	1.2x	379.88	+11.9%	1.1x	44.54	+49.3%	9.2x
2026	14,482	−6.7%	1.2x	405.80	+6.8%	1.0x	52.49	+17.9%	7.8x
2027	13,142	−9.3%	1.4x	463.63	+14.3%	0.9x	60.80	+15.8%	6.8x
2028	13,087	−0.4%	1.4x	562.12	+21.2%	0.7x	68.15	+12.1%	6.0x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	14,482	−1.1%	−0.6%	−6.0%	52.49	+0.3%	+0.2%	+0.2%
2027	13,142	−1.3%	−3.5%	−11.0%	60.80	+1.3%	+1.4%	−0.1%
2028	13,087	−1.2%	+2.6%	−10.7%	68.15	+0.6%	+0.9%	−3.5%

Earnings surprises EPS beat in 3 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	3,652	3,693	3,918	3,925	3,852	3,991	3,855	4,426	3,574	3,956
Sales mean (mil)	3,922	4,022	4,077	3,924	3,927	3,850	4,034	3,913	4,029	3,821
Surprise	−6.9%	−8.2%	−3.9%	0.0%	−1.9%	+3.7%	−4.4%	+13.1%	−11.3%	+3.5%
EPS reported	16.32	16.85	14.62	−18.39	6.45	17.36	7.54	13.26	16.08	14.85
EPS mean	16.01	16.59	11.91	−15.60	7.62	14.98	14.39	13.16	14.01	14.39
Surprise	+1.9%	+1.6%	+22.7%	−17.9%	−15.3%	+15.9%	−47.6%	+0.8%	+14.8%	+3.2%

Peer comparison Insurance

Peers in the same industry group, by market capitalization
Company	Market cap	ROE	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 P/B	FY2 P/B
EG Everest Group, Ltd.	15.4B	12.8%	9.0%	1.03x	7.8x	6.8x	1.0x	0.9x
CB Chubb Limited	139.1B	14.4%	17.4%	1.90x	12.5x	12.3x	1.8x	1.6x
PGR The Progressive Corporation	134.0B	38.2%	12.9%	3.91x	12.6x	14.3x	3.9x	3.4x
MRSH Marsh & McLennan Companies, Inc.	95.4B	33.4%	15.4%	6.50x	19.1x	17.5x	6.4x	5.5x
TRV The Travelers Companies, Inc.	81.2B	20.8%	12.8%	2.80x	10.8x	12.7x	2.5x	2.3x
AJG Arthur J. Gallagher & Co.	70.8B	12.8%	10.7%	2.94x	21.1x	18.6x	2.7x	2.5x
Mean		22.1%	13.0%	3.18x	14.0x	13.7x	3.1x	2.7x
Median		17.6%	12.8%	2.87x	12.5x	13.5x	2.6x	2.4x

Technical analysis

1M+11.1%
3M+3.6%
1Y+38.0%
3Y+13.8%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Everest Group, Ltd., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Premiums earned	15,515	15,308	13,429	11,685	10,443	8,688
Other revenue	1,982	1,974	1,158	835	1,423	910
Total revenue	17,497	17,282	14,587	12,520	11,866	9,598
Losses, benefits and adjustments	11,888	12,243	9,273	8,782	7,974	6,551
Amortization of policy acquisition costs	–	–	–	–	–	–
Selling, general & administrative expenses	3,570	3,395	3,025	2,589	2,277	1,914
Interest expense (income), operating	–	–	–	–	–	–
Other operating expenses	0	0	0	0	0	511
Operating income	2,039	1,644	2,289	1,149	1,616	622
Net interest income (expense)	−152	−150	−134	−561	−70.1	−36.3
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	−1.0	−1.0	0	0	0
Net income before taxes	1,887	1,493	2,154	588	1,546	585
Provision for taxes	296	120	−363	−9.0	167	104
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	1,591	1,373	2,517	597	1,379	482
Extraordinary items	–	–	–	–	0	32.5
Net income	1,591	1,373	2,517	597	1,379	514
Basic weighted average shares (mil)	41.6	42.7	41.3	39.0	39.3	39.7
Diluted weighted average shares (mil)	41.6	42.7	41.3	39.0	39.3	39.7
Basic EPS, normalized	44.54	29.83	52.58	27.08	28.97	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Everest Group, Ltd., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Total receivables	–	–	–	–	–	–
Prepaid expenses	–	–	–	–	–	–
Property, plant & equipment	176	108	123	128	139	149
Goodwill	–	–	–	–	–	–
Intangibles	–	–	–	–	–	–
Insurance receivables	5,727	5,378	4,768	3,619	3,294	2,681
Long-term investments	44,110	39,981	35,704	28,473	28,232	24,660
Note receivable	915	1,223	868	459	2.4	17.3
Other long-term assets	122	–	–	–	–	–
Deferred policy acquisition costs	1,546	1,461	1,247	962	872	622
Other assets	8,722	6,641	5,252	4,927	4,205	3,781
Total assets	62,514	56,341	49,399	39,966	38,185	32,712
Liabilities
Accounts payable	–	–	–	–	–	–
Payable/accrued	–	–	–	–	–	–
Accrued expenses	217	148	165	166	175	176
Policy liabilities	42,496	37,941	31,900	27,821	24,123	20,171
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	–	–	–	–	–	–
Long-term debt	3,589	3,587	3,386	3,084	3,089	1,910
Minority interest	–	–	–	–	–	–
Other liabilities	751	790	746	454	660	728
Total liabilities	47,053	42,466	36,197	31,525	28,046	22,985
Shareholders' equity
Preferred stock	0	0	–	–	–	–
Common stock	1.0	1.0	1.0	1.0	0.7	0.7
Additional paid-in capital	3,852	3,812	3,773	2,302	2,274	2,245
Retained earnings (accumulated deficit)	16,565	15,309	14,270	12,042	11,700	10,567
Treasury stock	−4,906	−4,108	−3,908	−3,908	−3,847	−3,622
Other equity	−51.0	−1,139	−934	−1,996	11.5	535
Total equity	15,461	13,875	13,202	8,441	10,139	9,726
Total liabilities & shareholders' equity	62,514	56,341	49,399	39,966	38,185	32,712

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Everest Group, Ltd., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	1,591	1,373	2,517	597	1,379	514
Depreciation, depletion & amortization	–	–	–	–	–	–
Deferred taxes	–	–	–	–	–	–
Non-cash items	−274	−202	−63.0	186	−282	107
Changes in working capital	1,751	3,786	2,100	2,913	2,736	2,252
Cash from operations	3,068	4,957	4,554	3,696	3,833	2,874
Investing activities
Capital expenditures	–	–	–	–	–	–
Other investing cash flows	−2,096	−4,478	−5,902	−3,418	−3,869	−3,683
Cash from investing	−2,096	−4,478	−5,902	−3,418	−3,869	−3,683
Financing activities
Financing cash flow items	−22.0	−25.0	−25.0	−26.0	−17.1	−15.9
Cash dividends paid	−335	−334	−288	−255	−247	−249
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−818	−24.0	1,722	−78.0	938	1,065
Cash from financing	−1,175	−383	1,409	−359	674	800
Foreign exchange effects	−28.0	16.0	−23.0	39.0	0.6	3.2
Net change in cash	−231	112	38.0	−42.0	639	−6.4
Free cash flow	3,068	4,957	4,554	3,696	3,833	2,874

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.