Question 1

What is RenaissanceRe Holdings's P/FCF ratio?

Accepted Answer

RenaissanceRe Holdings (RNR) P/FCF ratio is 3.2× as of July 21, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for RenaissanceRe Holdings?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For RenaissanceRe Holdings specifically, the relevant sector benchmark is the current sector median of 12.0×.

Question 5

Is RenaissanceRe Holdings's P/FCF ratio high or low?

Accepted Answer

RenaissanceRe Holdings's P/FCF ratio of 3.2× is below its own 5-year average of 4.0× and below the sector median of 12.0×. That places the current reading at the 24th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is RenaissanceRe Holdings's historical P/FCF ratio range?

Accepted Answer

In the available daily series, RenaissanceRe Holdings (RNR) P/FCF ratio has ranged from a low of 2.7× in 2025 to a high of 22.6× in 2011. The 5-year average is 4.0× and the 5-year median is 3.4×.

Question 7

What was RenaissanceRe Holdings's P/FCF ratio in 2025?

Accepted Answer

RenaissanceRe Holdings (RNR) P/FCF ratio at the end of 2025 was 3.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does RenaissanceRe Holdings's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$12.6B	$3.69B	3.4×	+0.4×	Dec 31, 2025
2024	$12.5B	$4.16B	3.0×	-2.2×	Dec 31, 2024
2023	$9.98B	$1.91B	5.2×	+2.0×	Dec 31, 2023
2022	$7.88B	$2.43B	3.2×	-2.9×	Dec 31, 2022
2021	$7.57B	$1.23B	6.1×	+2.0×	Dec 31, 2021
2020	$8.29B	$1.99B	4.2×	+0.6×	Dec 31, 2020
2019	$8.52B	$2.4B	3.5×	-0.8×	Dec 31, 2019
2018	$5.36B	$1.22B	4.4×	-0.3×	Dec 31, 2018
2017	$4.87B	$1.05B	4.7×	-7.1×	Dec 31, 2017
2016	$5.51B	$470M	11.7×	-0.0×	Dec 31, 2016
2015	$4.88B	$415M	11.8×	+6.2×	Dec 31, 2015
2014	$3.67B	$661M	5.6×	+0.6×	Dec 31, 2014
2013	$4.2B	$856M	4.9×	-0.0×	Dec 31, 2013
2012	$3.53B	$717M	4.9×	-17.7×	Dec 31, 2012
2011	$3.75B	$166M	22.6×	+15.9×	Dec 31, 2011
2010	$3.28B	$495M	6.6×	+1.4×	Dec 31, 2010
2009	$3.1B	$589M	5.3×	-0.5×	Dec 31, 2009
2008	$3.13B	$541M	5.8×	+0.8×	Dec 31, 2008
2007	$3.95B	$793M	5.0×	-0.3×	Dec 31, 2007
2006	$4.26B	$813M	5.2×	-4.1×	Dec 31, 2006
2005	$3.13B	$336M	9.3×	+2.3×	Dec 31, 2005
2004	$3.66B	$518M	7.1×	+2.9×	Dec 31, 2004
2003	$3.4B	$820M	4.1×	+0.7×	Dec 31, 2003
2002	$2.69B	$778M	3.5×	—	Dec 31, 2002


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American Financial Group (AFG)	6.8×
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Invesco (IVZ)	6.1×
Arch Capital Group (ACGL)	5.9×
Principal Financial Group (PFG)	5.5×
Allstate (ALL)	4.7×
Everest Group (EG)	4.6×
Capital One Financial (COF)	3.9×
Prudential Financial (PRU)	3.5×
Mercury General (MCY)	3.4×
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StoneX Group (SNEX)	0.8×

P/FCF Ratio for RenaissanceRe Holdings (RNR) 2002-2026

P/FCF Ratio daily chart for RenaissanceRe Holdings (RNR)

Historical P/FCF Ratio for RenaissanceRe Holdings (RNR) from 2002 to 2025

About P/FCF Ratio at RenaissanceRe Holdings (RNR)

RenaissanceRe Holdings P/FCF Ratio by Year

RenaissanceRe Holdings P/FCF Ratio 2025: 3.4×

RenaissanceRe Holdings P/FCF Ratio 2024: 3.0×

RenaissanceRe Holdings P/FCF Ratio 2023: 5.2×

RenaissanceRe Holdings P/FCF Ratio 2022: 3.2×

RenaissanceRe Holdings P/FCF Ratio 2021: 6.1×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

RenaissanceRe Holdings (RNR) Key Financials