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KG

King Pharmaceuticals

KG

Kestrel Group Ltd is a specialty program insurance group formed through the combination of Kestrel LLC and Maiden Holdings.

Market cap
$81.92M-67.0%
Revenue$43.4M+1,160%
Net income$57.0M
EPS (diluted)$13.30
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 7, 2026 (In 3 weeks)
Revenue estimate$338.6M

Financials

Q1 2026

Income statement

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Revenue$10.2M+1,112%
Net income-$7.4M-1,786%
EPS (diluted)-$0.96-586%

Balance sheet

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Cash & equivalents$62.2M+1,724%
Total debt$176.7M
Total equity$121.4M+2,773%
Total assets$964.2M

Cash flow

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Operating cash flow-$15.1M-1,628%

Valuation & ratios

Valuation

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Market cap$81.92M-67.0%
Enterprise value$196.43M-48.8%
P/E1.4×
P/S1.9×-27.0×

Returns & leverage

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Debt / equity1.5×

Competitors

Profile

Kestrel Group Ltd is a specialty program insurance group formed through the combination of Kestrel LLC and Maiden Holdings. The company operates a capital-light, fee-based insurance platform focused on generating recurring income through program services while managing the run-off of legacy reinsurance and alternative asset portfolios. Its core value proposition centers on optimizing shareholder returns by leveraging underwriting capacity and utilizing significant tax assets.

Competitive position

Kestrel Group is a specialized player in the program services niche, transitioning from a traditional reinsurance model to a fee-oriented insurance platform.

GeographiesGlobal
Customer segmentsFinancial Institutions, Insurance Companies
Business modelFee-for-service, Asset-light, Underwriting
SuppliersCapital Markets, Insurance Carrier Partners, Regulatory Authorities
CustomersSpecialty Insurance Programs, Policyholders, Reinsurance Buyers
Listed2025
CEOBradford Luke Ledbetter
FilingsSEC EDGAR

Questions, answered.

What is King Pharmaceuticals's market cap?
King Pharmaceuticals (KG) has a market capitalization of $81.9M and trades on XNYS.
What is King Pharmaceuticals's revenue and profitability?
King Pharmaceuticals generated $43.4M in trailing twelve-month revenue with net income of $57.0M, representing a net margin of 131.4%. These figures are based on the Q1 2026 filing.
Who are King Pharmaceuticals's competitors?
King Pharmaceuticals's key competitors include Everest Group, Ltd., Arch Capital Group Ltd., KKR & Co. Inc., and others. These companies compete in similar markets and product categories.
What subsidiaries does King Pharmaceuticals have?
King Pharmaceuticals's subsidiaries include Maiden Holdings, Ltd., Kestrel Group LLC.
Where is King Pharmaceuticals headquartered?
King Pharmaceuticals is headquartered in United States of America. It has been publicly traded since 2025.