Discontinued — last reported Q4 '24

Other Income & Expense

Net investment gains (losses)

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryOther
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ4 2024

How to read this metric

High positive values reflect strong capital markets performance, but can create significant volatility in bottom-line earnings regardless of core operational health.

Detailed definition

The net change in the value of a company's investment portfolio, including both realized gains from sales and unrealized...

Peer comparison

Commonly scrutinized in the financial services and insurance sectors to separate investment performance from underwriting performance.

Metric ID: investment_gains_losses

Product Breakdown

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SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Derivative revenue$148.00M$69.00M$15.00M$31.00M$37.00M$97.00M$37.00M$25.00M
Total

Business Segments

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SegmentQ2 '21Q4 '21Q2 '22Q3 '22Q4 '23Q2 '24Q4 '24
West/Services/Other$9.00M$20.00M$14.00M
Texas$0.00$0.00$2.00M$0.00$7.00M
East$306.00M$213.00M$155.00M$43.00M$4.00M$0.00
West/Other$0.00$9.00M$0.00$0.00$15.00M
Total

East, Texas, West/Other, West/Services/Other were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What does net investment gains (losses) mean?
The profit or loss made on the company's stocks, bonds, and other financial investments.