James River Group Holdings (JRVR) financial statements
James River Group Holdings reported revenue of $688M in fiscal 2025, up 1.8% a year over 9 years.
Net income was $47M.
Free cash flow was -$24M, and the company returned $2M in dividends.
The diluted share count rose 101% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from James River Group Holdings's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $586M | $818M | $886M | $907M | $669M | $609M | $662M | $812M | $708M | $688M |
| Operating income | — | — | — | $52M | $12M | -$108M | $53M | $87M | -$71M | $51M |
| Interest expense | $8M | $9M | $12M | $11M | $10M | $9M | $14M | $25M | $25M | $24M |
| Pre-tax income | $79M | $55M | $71M | $52M | $12M | -$108M | $53M | $87M | -$71M | $51M |
| Income tax | $5M | $12M | $7M | $14M | $7M | -$23M | $18M | $26M | -$8M | $723,000 |
| Net income | $74M | $44M | $64M | $38M | $5M | -$173M | $31M | -$108M | -$81M | $47M |
| EPS (diluted) | $2.49 | $1.44 | $2.11 | $1.25 | $0.16 | -$4.94 | $0.59 | -$3.13 | -$3.06 | $0.79 |
| Diluted shares | 30M | 30M | 30M | 31M | 31M | 35M | 38M | 38M | 39M | 60M |
| Operating margin | — | — | — | 5.7% | 1.8% | -17.8% | 8.1% | 10.7% | -10.1% | 7.4% |
| Net margin | 12.7% | 5.3% | 7.2% | 4.2% | 0.7% | -28.4% | 4.7% | -13.3% | -11.5% | 6.9% |
Balance sheet
Fiscal years, from James River Group Holdings's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $161M | $16M | $26M | $207M | $162M | $190M | $159M | $274M | $362M | $261M |
| Property, plant and equipment | $25M | $25M | $23M | $2M | $1M | $781,000 | $1M | $17M | $20M | $22M |
| Goodwill | $182M | $182M | $182M | $182M | $182M | $182M | $182M | $182M | $182M | $182M |
| Total assets | $2.3B | $2.8B | $3.1B | $5.0B | $5.1B | $4.9B | $5.1B | $5.3B | $5.0B | $4.9B |
| Long-term debt | — | — | — | — | — | $262M | $222M | $222M | $201M | $226M |
| Total liabilities | $1.7B | $2.1B | $2.4B | $4.2B | $4.3B | $4.2B | $4.4B | $4.6B | $4.4B | $4.2B |
| Shareholders' equity | $693M | $695M | $709M | $779M | $796M | $725M | $554M | $535M | $461M | $538M |
| Net debt | -$110M | -$163M | -$172M | -$207M | -$162M | $72M | $63M | -$52M | -$162M | -$35M |
Cash flow
Fiscal years, from James River Group Holdings's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $154M | $208M | $290M | $1.5B | -$274M | -$914M | $223M | $88M | -$247M | -$19M |
| Capital spending | — | — | — | $519,000 | $549,000 | $6M | $8M | $6M | $5M | $5M |
| Free cash flow | — | — | — | $1.5B | -$274M | -$920M | $215M | $82M | -$252M | -$24M |
| Stock-based compensation | $5M | $8M | $6M | $7M | $8M | $7M | $8M | $9M | $7M | $5M |
| Dividends paid | $66M | $51M | $36M | $37M | $37M | $43M | $8M | $8M | $6M | $2M |
| Share buybacks (net) | -$5M | -$9M | -$2M | -$3M | -$4M | -$3M | -$1M | — | — | — |
| Free cash flow margin | — | — | — | 164.1% | -41.0% | -151.0% | 32.4% | 10.0% | -35.6% | -3.4% |
| Dividends per share | $2.21 | $1.68 | $1.19 | $1.20 | $1.20 | $1.24 | $0.21 | $0.20 | $0.16 | $0.03 |
Questions
What was James River Group Holdings's revenue in 2025?
$688M in fiscal 2025, from its 10-K filing.
How much free cash flow does James River Group Holdings generate?
-$24M in fiscal 2025 (operating cash flow minus capital spending).
From James River Group Holdings's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.