EGEVEREST GROUP, LTD.

Fire, Marine & Casualty Insurance

Revenue: $17.5B; 1.2% YoY
Operating margin: —
EBITDA: —
Market cap: $30.6B
Employees: —
Net debt / EBITDA: —
AI in 10-K: 0.6; mentions per 10K words

Takeover score 0 of 13

Fixable underperformance 0 of 7

TSR below peersNo
2 of 5 years
3+ of last 5 years
High CEO pay despite TSRNo
$9M median
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
193% of net income
Cash flow under 80% of net income
Dilutive SBCNo
0% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
37% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
—
Over 40% of assets
Shareholder dissentNo
92% lowest support
Any vote under 80% support

Buyer economics 0 of 4

Low revenue per employeeNo
—
Bottom quartile of its SIC industry
Quiet on AINo
0.6 per 10K words · 25th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
—
More cash than debt, positive EBITDA
Buyout-sizedNo
$30.6B market cap
Market cap $500M–$5B

Catalysts 0 of 2

Active 13DNo
0 filings
Active-intent 13D in 18 months
Net insider sellingNo
−$273K net
Net sales over $10M in 12 months

Financials

Metric	FY2021	FY2022	FY2023	FY2024	FY2025	YoY	Trend
Revenue	$11.9B	$12.1B	$14.6B	$17.3B	$17.5B	1.2%
Net income	$1.4B	$597M	$2.5B	$1.4B	$1.6B	16%
Operating cash flow	$3.8B	$3.7B	$4.6B	$5.0B	$3.1B	38%
Stock-based comp	$43M	$45M	$49M	$63M	$61M	3.2%
Buybacks	$225M	$61M	$0	$200M	$797M	299%
Dividends	$247M	$255M	$288M	$334M	$335M	0.3%

Deal filings

None.

13D filers

None on file.

Insider trading

Open-market buys, 12 mo: $0 · 0
Open-market sells, 12 mo: $273K · 1
Net: −$273K

Pay vs performance

Year	CEO total comp	Comp actually paid	TSR (indexed)	Peer TSR
FY2025	$9M	$9M	162	234
FY2024	$8M	$9M	169	213
FY2023	$10M	$11M	161	157
FY2022	$9M	$12M	148	142
FY2021	$9M	$11M	120	119