Earnings Summary

Tiptree Inc’s revenue jumped 19.03% since last year same period to $404.52Mn in the Q2 2023. On a quarterly growth basis, Tiptree Inc has generated 6% jump in its revenue since last 3-months.

Tiptree Inc’s net profit jumped 126.73% since last year same period to $5.99Mn in the Q2 2023. On a quarterly growth basis, Tiptree Inc has generated 90.07% jump in its net profits since last 3-months.

Tiptree Inc’s net profit margin jumped 122.45% since last year same period to 1.48% in the Q2 2023. On a quarterly growth basis, Tiptree Inc has generated 79.31% jump in its net profit margins since last 3-months.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Tiptree Inc’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Tiptree Inc’s return on equity (ROE) stands at 0.08.

Tiptree Inc declared 0.05 dividend per share during the earnings announcement for Q1 2023.