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Triple-S Management Corporation

OverviewSuggest Edit

Triple-S Management Corporation (TSM) is the leading group of companies in Puerto Rico dedicated to providing health care insurance; and the second locally owned company with the highest turnover reported. Triple-S Management Corporation (TSM) goes beyond providing quality health care in Puerto Rico. First PeopleCare is a company whose priority is the overall welfare of people.

TypePublic
Founded1959
HQSan Juan, PRMap
Websitemanagement.grupotriples.com
Employee Ratings3.3More
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Employees (est.) (Dec 2018)3,652(+7%)
Revenue (FY, 2019)$3.4 B(+13%)
Share Price (Jan 2021)$23 (+5%)
Cybersecurity ratingAMore

Key People/Management at Triple-S Management Corporation

Roberto García-Rodríguez

Roberto García-Rodríguez

President & Chief Executive Officer
Luis A. Clavell Rodriguez

Luis A. Clavell Rodriguez

Chairman of the Board of Directors, Director
Arturo L. Carrión-Crespo

Arturo L. Carrión-Crespo

President
José del Amo

José del Amo

President
Madeline Hernández-Urquiza

Madeline Hernández-Urquiza

Executive VP and Chief Operations Officer – Triple-S Management
Juan José Román

Juan José Román

Executive Vice President & Chief Financial Officer
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Triple-S Management Corporation Office Locations

Triple-S Management Corporation has an office in San Juan
San Juan, PR (HQ)
1441 Av. Franklin Delano Roosevelt
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Triple-S Management Corporation Financials and Metrics

Triple-S Management Corporation Revenue

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Triple-S Management Corporation's revenue was reported to be $3.38 b in FY, 2019
USD

Revenue (Q3, 2020)

956.3m

Gross profit (Q3, 2020)

194.5m

Gross profit margin (Q3, 2020), %

20.3%

Net income (Q3, 2020)

23.6m

Market capitalization (14-Jan-2021)

538.0m

Closing stock price (14-Jan-2021)

23.0

Cash (30-Sept-2020)

129.6m

EV

466.7m
Triple-S Management Corporation's current market capitalization is $538 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.2b2.4b2.4b2.3b2.9b3.0b2.9b3.0b3.4b

Revenue growth, %

(3%)25%3%

Cost of goods sold

1.7b1.9b1.8b1.7b2.3b2.5b2.4b2.5b2.7b

Gross profit

436.9m524.9m568.4m572.5m584.0m512.6m563.0m468.4m709.3m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

536.8m542.0m589.8m623.0m606.2m592.0m599.8m596.7m584.8m590.7m563.8m581.7m782.0m765.1m756.7m752.7m744.7m722.5m745.9m738.2m758.1m761.9m770.6m809.7m886.0m838.8m842.8m904.4m956.3m

Cost of goods sold

427.9m442.4m475.6m490.5m479.6m447.0m454.5m450.8m443.9m428.6m432.4m637.9m634.9m626.7m622.1m629.2m620.9m611.3m583.6m619.0m692.1m648.6m623.2m706.3m680.0m714.5m653.1m761.8m

Gross profit

108.9m99.6m114.2m132.5m126.6m145.0m145.3m145.9m141.0m162.1m149.3m144.1m130.2m130.0m130.7m115.5m101.6m134.6m154.6m139.1m69.8m122.0m186.6m179.7m158.8m128.3m251.3m194.5m

Gross profit Margin, %

20%18%19%21%21%24%24%24%24%27%26%18%17%17%17%16%14%18%21%18%9%16%23%20%19%15%28%20%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

71.8m89.6m74.4m110.0m197.8m103.4m198.9m117.5m109.8m

Accounts Receivable

Inventories

PP&E

81.9m92.4m89.1m78.3m74.0m66.4m74.7m81.9m88.6m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

57.4m135.9m135.6m165.0m68.8m62.6m55.8m81.8m84.7m59.3m141.0m186.3m212.5m194.5m112.5m96.1m165.5m218.9m172.5m269.9m212.6m256.0m107.1m95.8m166.3m98.9m104.6m141.1m129.6m

PP&E

80.3m80.6m97.9m97.5m96.8m94.8m93.3m90.1m87.3m84.5m81.9m76.3m74.5m73.8m72.2m70.4m68.2m66.8m69.1m73.6m76.8m78.2m78.4m81.5m85.7m86.3m89.4m126.7m130.2m

Goodwill

25.4m25.4m25.4m27.8m27.8m27.8m25.4m25.4m25.4m25.4m25.4m25.4m25.4m25.4m25.4m25.4m25.4m25.4m25.4m25.4m25.4m25.4m25.4m29.0m28.6m28.6m28.6m

Total Assets

1.9b1.9b2.0b2.1b2.1b2.1b2.1b2.1b2.1b2.1b2.1b2.2b2.2b2.2b2.3b2.3b2.4b2.4b2.4b3.1b3.1b3.1b2.8b2.8b2.8b2.8b3.0b3.0b3.1b
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

58.0m54.0m55.5m65.3m52.0m17.4m54.5m(63.3m)92.9m

Depreciation and Amortization

22.2m24.2m25.6m24.4m16.4m14.1m13.2m13.5m14.6m

Accounts Payable

(18.1m)(5.8m)21.5m6.4m18.4m(24.1m)166.5m(59.3m)39.8m

Cash From Operating Activities

162.5m109.7m112.9m38.0m229.1m6.5m288.9m7.5m(16.8m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

27.5m39.1m7.5m24.5m36.3m17.2m37.4m55.9m6.9m34.4m39.0m14.8m33.7m37.9m3.5m7.3m5.4m(4.3m)8.4m30.3m3.9m(34.8m)(52.4m)34.8m65.7m79.7m(26.2m)17.4m41.0m

Depreciation and Amortization

10.6m16.4m5.9m11.8m18.0m6.3m12.2m17.8m5.1m10.6m16.0m4.2m8.1m12.0m3.7m7.3m10.6m3.0m6.5m9.8m3.4m7.0m9.9m3.5m7.0m10.7m3.9m7.7m10.9m

Accounts Payable

(15.8m)26.4m(708.0k)3.6m7.5m13.1m23.1m29.2m28.8m28.3m1.5m42.6m36.0m18.1m35.6m52.4m8.3m11.3m33.8m71.7m(869.0k)(63.6m)(120.6m)(16.2m)6.8m27.9m68.2m89.1m36.7m

Cash From Operating Activities

78.0m216.9m74.2m125.5m112.1m31.2m24.3m102.1m21.5m3.0m60.8m38.8m76.7m171.5m31.3m(10.6m)83.0m131.0m133.7m191.8m130.5m130.7m(3.9m)(69.9m)26.3m(3.5m)6.5m170.3m223.7m
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USDQ2, 2011

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.9 x
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Triple-S Management Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

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Triple-S Management Corporation Online and Social Media Presence

Triple-S Management Corporation's Trends

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Triple-S Management Corporation News and Updates

November 06, 2020

Triple-S Management Corporation Reports Third Quarter 2020 Results

SAN JUAN, Puerto Rico, Nov. 6, 2020 /PRNewswire/ -- Triple-S Management Corporation (NYSE: GTS), a leading healthcare care company in Puerto Rico, today announced its third quarter 2020 results. "Our strong third quarter performance reflects ongoing, improved performance resulting from...
October 24, 2019

Triple-S Management Corporation Schedules Third Quarter 2019 Earnings Release and Conference Call

SAN JUAN, Puerto Rico, Oct. 24, 2019 /PRNewswire/ -- Triple-S Management Corporation (NYSE: GTS) today announced that it plans to release financial results for the third quarter ended September 30, 2019 before the market opens on Thursday, November 7, 2019. Roberto García-Rodríguez,...
July 16, 2019

Triple-S Management Corporation Announces Conversion of Remaining Class A Shares Into Class B Shares and Elimination of Dual Class Equity Structure

SAN JUAN, Puerto Rico, July 16, 2019 /PRNewswire/ -- Triple-S Management Corporation (NYSE: GTS) today announced that its Board of Directors has authorized the conversion (the "Conversion") of the Company's remaining issued and outstanding Class A common shares into Class B common shares, ...
May 09, 2019

Triple-S Management Corporation Reports First Quarter 2019 Results

SAN JUAN, Puerto Rico, May 9, 2019 /PRNewswire/ --Triple-S Management Corporation (NYSE:GTS), a leading managed care company in Puerto Rico, today announced its first quarter 2019 results. Quarterly Consolidated and Other Highlights Net income of $34.8 million, or $1.52 per diluted share, ...
March 07, 2019

Triple-S Management Corporation to Present at the Barclays Global Healthcare Conference

SAN JUAN, Puerto Rico, March 7, 2019 /PRNewswire/ -- Triple-S Management Corporation (NYSE: GTS) today announced that its President and Chief Executive Officer Roberto García-Rodríguez, and its EVP and Chief Financial Officer Juan José Román-Jiménez will present at the Barclays Global...
February 14, 2019

Triple-S Management Corporation Schedules Fourth Quarter 2018 Earnings Release and Conference Call

SAN JUAN, Puerto Rico, Feb. 14, 2019 /PRNewswire/ -- Triple-S Management Corporation (NYSE: GTS) today announced that it plans to release financial results for the fourth quarter ended December 31, 2018 before the market opens on Thursday, February 28, 2019. Roberto García-Rodríguez,...
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 Triple-S Management Corporation Frequently Asked Questions

  • When was Triple-S Management Corporation founded?

    Triple-S Management Corporation was founded in 1959.

  • Who are Triple-S Management Corporation key executives?

    Triple-S Management Corporation's key executives are Roberto García-Rodríguez, Luis A. Clavell Rodriguez and Arturo L. Carrión-Crespo.

  • How many employees does Triple-S Management Corporation have?

    Triple-S Management Corporation has 3,652 employees.

  • What is Triple-S Management Corporation revenue?

    Latest Triple-S Management Corporation annual revenue is $3.4 b.

  • What is Triple-S Management Corporation revenue per employee?

    Latest Triple-S Management Corporation revenue per employee is $924.3 k.

  • Who are Triple-S Management Corporation competitors?

    Competitors of Triple-S Management Corporation include Aetna, BLP (Building LifePlans Ltd) and Cppgroup.

  • Where is Triple-S Management Corporation headquarters?

    Triple-S Management Corporation headquarters is located at 1441 Av. Franklin Delano Roosevelt, San Juan.

  • Where are Triple-S Management Corporation offices?

    Triple-S Management Corporation has an office in San Juan.

  • How many offices does Triple-S Management Corporation have?

    Triple-S Management Corporation has 1 office.