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Financial statements

Slide Insurance Holdings, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Slide Insurance Holdings, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2025FY2025
Revenue8471,156
General and administrative138176
Operating expenses577567
Interest expense3.753.63
Pre-tax income270589
Income tax68.9145
Net income201444
EPS, basic3.584.75
EPS, diluted1.663.36
Shares, basic (weighted)56.293.4
Shares, diluted (weighted)121132

Balance sheet

FY2025FY2025
Cash and equivalents4931,201
Property, plant and equipment13.611.6
Lease right-of-use assets8.398.48
Goodwill2.62.6
Intangible assets7.690.1
Total assets1,9322,918
Total liabilities1,4991,805
Total debt39.233.7
Paid-in capital123352
Retained earnings309753
Other comprehensive income0.297.17
Shareholders' equity4331,113
Total equity4331,113
Total liabilities and equity1,9322,918
Shares outstanding56.2124

Cash flow statement

FY2025FY2025
Net income201444
Depreciation and amortization10.312.4
Stock-based compensation2.8812.1
Deferred income tax-5.1262.2
Change in payables3.865.91
Cash from operations554797
Capital expenditures-10.1-2.86
Purchases of investments-235-198
Cash from investing-204-115
Debt issued400
Debt repaid-32.6-6
Stock issued01.69
Share buybacks0-40
Cash from financing-2.41211
Net change in cash347893
Free cash flow544795
Interest paid3.71.79
Income taxes paid58.598.9

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $23.10 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Pre-tax margin52.8%Pre-tax income / revenue.
Net margin40.0%Net income / revenue.
FCF margin74.5%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin74.7%Cash from operations / revenue.
Effective tax rate24.2%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)46.5%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)15.4%Net income / average total assets.
Stock-based pay / revenue0.9%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.2%Capital expenditures / revenue.
D&A / revenue0.5%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y36.5%Revenue vs the same period a year earlier. Only from a positive base.
Net income growth, 1y120.7%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y102.4%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y44.0%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y46.1%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y157.0%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y51.1%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y8.9%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Debt / equity0.02xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets0.8%Total debt / total assets.
Liabilities / assets66.8%Total liabilities / total assets.
Net debt-$1.21BTotal debt - cash - short-term investments. Negative means more cash than debt.
Goodwill and intangibles / assets0.1%(Goodwill + intangible assets) / total assets.
Tangible book value$1.19BShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.39xRevenue / average total assets.
Fixed asset turnover139xRevenue / average property, plant and equipment.
FCF conversion186.2%Free cash flow / net income, when net income is positive.
Capex / operating cash flow0.2%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$4.37Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$10.91Revenue / diluted weighted shares.
FCF per share$8.13Free cash flow / diluted weighted shares.
Operating cash flow per share$8.15Cash from operations / diluted weighted shares.
Book value per share$10.34Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$10.32Tangible book value / shares outstanding.
Cash per share$10.70(Cash + short-term investments) / shares outstanding.
Buybacks / FCF22.3%Share buybacks / free cash flow, when free cash flow is positive.

Valuation

MetricValueHow it is calculated
Market cap$2.70BShare price x shares outstanding.
Enterprise value$1.49BMarket cap + total debt - cash - short-term investments.
P/E4.86xMarket cap / net income. Only when net income is positive.
P/S1.94xMarket cap / revenue.
P/B2.26xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book2.26xMarket cap / tangible book value, when positive.
P/FCF2.61xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF2.60xMarket cap / cash from operations, when positive.
EV/Sales1.07xEnterprise value / revenue.
EV/FCF1.44xEnterprise value / free cash flow, when both are positive.
FCF yield38.3%Free cash flow / market cap.
Earnings yield20.6%Net income / market cap (the inverse of P/E).
Shareholder yield8.6%(Dividends paid + share buybacks) / market cap.
What was Slide Insurance Holdings, Inc.'s revenue in fiscal 2025?

Slide Insurance Holdings, Inc. reported revenue of $1.16B for fiscal 2025, 36.5% higher than the year before.

Was Slide Insurance Holdings, Inc. profitable in fiscal 2025?

Yes. Net income was $444.0M, a net margin of 38.4%.

How much free cash flow did Slide Insurance Holdings, Inc. generate in fiscal 2025?

Cash from operations of $797.4M minus capital expenditures of $2.9M left free cash flow of $794.6M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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