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Assurant (AIZ) Financials

Assurant logo
$203.38 +1.57 (+0.78%)
Closing price 03:59 PM Eastern
Extended Trading
$203.31 -0.07 (-0.03%)
As of 04:30 PM Eastern
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Annual Income Statements for Assurant

Annual Income Statements for Assurant

This table shows Assurant's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 142 565 520 237 364 422 1,357 277 643 760
Consolidated Net Income / (Loss)		 142 565 520 253 387 442 1,362 277 643 760
Net Income / (Loss) Continuing Operations		 142 565 520 253 306 519 603 277 643 760
Total Pre-Tax Income 		201 849 445 334 455 578 771 350 807 927
Total Revenue		 10,326 7,445 6,366 7,957 9,569 9,598 10,188 10,193 11,024 11,878
Net Interest Income / (Expense)		 0.00 -58 -50 -100 0.00 -105 0.00 -108 -108 -107
Total Interest Income		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense		 0.00 58 50 100 0.00 105 0.00 108 108 107
Long-Term Debt Interest Expense		 - 58 50 100 - 105 - 108 108 107
Total Non-Interest Income		 10,326 7,502 6,416 8,058 9,569 9,598 10,188 10,193 11,132 11,878
Other Service Charges		 1,304 1,423 1,383 1,308 1,170 1,042 1,173 1,243 1,323 1,639
Net Realized & Unrealized Capital Gains on Investments		 658 1,079 525 593 440 277 443 184 421 443
Premiums Earned		 8,351 5,007 4,404 6,157 7,959 8,278 8,572 8,765 9,388 9,796
Total Non-Interest Expense		 10,124 6,603 5,922 7,624 9,114 8,915 9,416 9,843 10,217 10,950
Property & Liability Insurance Claims		 4,743 1,809 1,871 2,343 2,386 2,275 2,202 2,360 2,522 2,767
Other Operating Expenses		 3,979 3,443 2,710 2,980 3,460 6,640 7,194 7,366 7,695 8,077
Impairment Charge		 - 0.00 0.90 0.00 - 0.00 0.00 7.80 0.00 0.00
Other Special Charges		 0.00 - - - 31 - 21 0.90 - 0.00
Income Tax Expense		 60 283 -75 81 148 59 168 73 164 167
Basic Earnings per Share		 $2.08 $9.23 $9.45 $4.00 $5.87 $7.02 $22.95 $5.09 $12.02 $14.55
Weighted Average Basic Shares Outstanding		 68.16M 61.26M 54.99M 59.24M 61.94M 60.11M 59.14M 54.37M 53.46M 52.23M
Diluted Earnings per Share		 $2.05 $9.13 $9.39 $3.98 $5.84 $6.98 $22.66 $5.05 $11.95 $14.46
Weighted Average Diluted Shares Outstanding		 69.02M 61.93M 55.31M 59.55M 62.31M 63.18M 60.12M 54.78M 53.78M 52.58M
Weighted Average Basic & Diluted Shares Outstanding		 68.10M 61.30M 55M 59.20M 59.82M 57.90M 55.16M 52.92M 51.98M 50.79M
Cash Dividends to Common per Share		 $1.37 $2.03 $2.15 $2.28 $2.43 $2.55 $2.66 $2.74 $2.82 $2.96

Quarterly Income Statements for Assurant

This table shows Assurant's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 7.30 68 114 156 190 183 236 189 134 201 147
Consolidated Net Income / (Loss)		 7.30 68 114 156 190 183 236 189 134 201 147
Net Income / (Loss) Continuing Operations		 7.30 68 114 156 190 183 236 189 134 201 147
Total Pre-Tax Income 		8.50 96 147 204 229 227 293 233 152 250 184
Total Revenue		 2,548 2,653 2,643 2,704 2,747 2,929 2,880 2,925 2,968 3,105 3,074
Net Interest Income / (Expense)		 0.00 -108 0.00 -27 -27 -54 0.00 -27 -27 -54 -27
Total Interest Income		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Expense		 0.00 108 0.00 27 27 54 0.00 27 27 54 27
Long-Term Debt Interest Expense		 - - - 27 27 - - 27 27 - 27
Total Non-Interest Income		 2,548 2,653 2,643 2,732 2,774 2,983 2,880 2,925 2,968 3,105 3,074
Other Service Charges		 295 301 283 296 310 434 386 375 439 439 403
Net Realized & Unrealized Capital Gains on Investments		 56 89 95 93 106 127 118 105 111 109 109
Premiums Earned		 2,197 2,263 2,266 2,343 2,357 2,422 2,377 2,445 2,417 2,558 2,562
Total Non-Interest Expense		 2,539 2,557 2,496 2,500 2,518 2,703 2,587 2,692 2,816 2,855 2,890
Property & Liability Insurance Claims		 671 599 646 633 645 599 623 696 777 671 780
Other Operating Expenses		 1,869 1,841 1,850 1,868 1,874 2,104 1,964 1,969 2,013 2,131 2,084
Income Tax Expense		 1.20 28 34 48 39 44 57 44 18 49 37
Basic Earnings per Share		 $0.14 $1.32 $2.12 $2.91 $3.55 $3.44 $4.50 $3.59 $2.56 $3.90 $2.86
Weighted Average Basic Shares Outstanding		 53.72M 54.37M 53.49M 53.75M 53.54M 53.46M 52.53M 52.50M 52.20M 52.23M 51.28M
Diluted Earnings per Share		 $0.14 $1.31 $2.12 $2.90 $3.54 $3.39 $4.47 $3.58 $2.55 $3.86 $2.83
Weighted Average Diluted Shares Outstanding		 54.07M 54.78M 53.70M 53.89M 53.75M 53.78M 52.87M 52.72M 52.46M 52.58M 51.73M
Weighted Average Basic & Diluted Shares Outstanding		 52.83M 52.92M 53.15M 53.02M 52.59M 51.98M 51.99M 51.79M 51.29M 50.79M 50.70M
Cash Dividends to Common per Share		 $0.68 - $0.70 $0.70 $0.70 - $0.72 $0.72 $0.72 - $0.80

Annual Cash Flow Statements for Assurant

This table details how cash moves in and out of Assurant's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 -508 -246 -35 292 613 362 -174 -518 91 180
Net Cash From Operating Activities		 230 109 530 657 1,413 1,342 782 597 1,138 1,333
Net Cash From Continuing Operating Activities		 261 109 530 657 1,128 1,114 631 597 1,138 1,333
Net Income / (Loss) Continuing Operations		 142 565 520 251 383 519 1,362 277 643 760
Consolidated Net Income / (Loss)		 142 565 520 251 383 441 1,362 277 643 760
Depreciation Expense		 137 125 116 127 126 142 172 182 196 224
Non-Cash Adjustments to Reconcile Net Income		 -250 156 1,010 184 -534 273 -1,540 -196 -12 389
Changes in Operating Assets and Liabilities, net		 246 -344 -1,011 152 1,154 181 637 334 312 -40
Net Cash From Investing Activities		 264 726 -541 -2,203 -620 -735 158 -262 -638 -658
Net Cash From Continuing Investing Activities		 -401 726 -541 -2,203 -337 -519 303 -262 -638 -658
Purchase of Property, Leasehold Improvements and Equipment		 -115 -85 -62 -83 -110 -121 -187 -186 -203 -221
Purchase of Investment Securities		 -3,024 -4,734 -4,630 -7,644 -3,650 -2,525 -3,333 -3,351 -2,344 -2,520
Divestitures		 50 874 0.00 61 0.00 0.00 1,316 4.80 0.00 -5.00
Sale and/or Maturity of Investments		 2,688 4,671 4,125 5,464 3,423 2,127 2,508 3,271 1,908 2,088
Net Cash From Financing Activities		 -462 -1,080 -27 1,838 -179 -265 -1,090 -818 -404 -478
Net Cash From Continuing Financing Activities		 -368 -1,080 -27 1,838 -179 -265 -1,090 -818 -404 -478
Issuance of Debt		 0.00 250 304 2,766 934 444 347 0.00 173 0.00
Repayment of Debt		 0.00 -373 -221 -942 -699 -201 -420 -76 -225 0.00
Repurchase of Common Equity		 -293 -863 -389 -139 -252 -307 -839 -573 -193 -307
Payment of Dividends		 - -125 -119 -148 -170 -173 -162 -150 -152 -156
Other Financing Activities, Net		 -75 32 398 9.30 7.50 -27 -16 -20 -6.70 -14
Effect of Exchange Rate Changes		 - - 2.30 - -1.60 20 -24 -35 -5.80 -17
Cash Interest Paid		 55 56 48 80 103 104 110 109 107 107
Cash Income Taxes Paid		 80 226 19 94 93 99 221 128 235 -39

Quarterly Cash Flow Statements for Assurant

This table details how cash moves in and out of Assurant's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 248 107 -11 -124 24 202 -346 431 100 -5.70 -138
Net Cash From Operating Activities		 648 277 260 185 331 363 83 711 437 103 392
Net Cash From Continuing Operating Activities		 648 277 260 185 331 363 83 711 437 103 392
Net Income / (Loss) Continuing Operations		 7.30 68 114 156 190 183 236 189 134 201 147
Consolidated Net Income / (Loss)		 7.30 68 114 156 190 183 236 189 134 201 147
Depreciation Expense		 45 42 48 47 46 55 51 51 59 64 57
Non-Cash Adjustments to Reconcile Net Income		 -65 39 66 -41 36 -74 60 -17 207 139 73
Changes in Operating Assets and Liabilities, net		 661 129 32 23 59 199 -264 488 37 -301 116
Net Cash From Investing Activities		 -242 -127 -229 -254 -157 3.10 -328 -193 -207 71 -422
Net Cash From Continuing Investing Activities		 -242 -127 -229 -254 -157 3.10 -328 -193 -207 71 -422
Purchase of Property, Leasehold Improvements and Equipment		 -47 -52 -48 -49 -50 -54 -51 -55 -47 -68 -53
Purchase of Investment Securities		 -855 -474 -621 -378 -581 -764 -800 -516 -681 -524 -883
Sale and/or Maturity of Investments		 660 399 440 173 475 821 522 378 521 668 515
Net Cash From Financing Activities		 -142 -51 -43 -57 -142 -162 -96 -81 -141 -160 -119
Net Cash From Continuing Financing Activities		 -142 -51 -43 -57 -142 -162 -96 -81 -141 -160 -119
Repurchase of Common Equity		 -91 -15 0.00 -18 -49 -126 -46 -42 -99 -120 -64
Payment of Dividends		 -37 -38 -37 -40 -37 -39 -37 -40 -38 -41 -41
Other Financing Activities, Net		 -15 1.50 -4.20 0.10 -5.10 2.50 -13 0.70 -3.90 1.70 -14
Effect of Exchange Rate Changes		 -16 8.20 1.70 2.50 -8.40 -1.60 -3.60 -5.50 12 -20 9.80

Annual Balance Sheets for Assurant

This table presents Assurant's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 30,036 29,709 4,427 41,089 44,291 44,650 33,921 33,117 33,635 35,021
Cash and Due from Banks		 1,288 1,032 - 1,254 1,867 2,208 2,041 1,537 1,627 1,808
Trading Account Securities		 10,715 9,994 - 11,636 12,711 7,106 7,661 6,565 7,135 7,384
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income		 130 110 - 126 131 67 62 85 97 131
Premises and Equipment, Net		 298 344 - 393 434 446 561 645 686 768
Mortgage Servicing Rights		 1,151 624 - 760 815 138 257 296 329 343
Unearned Premiums Asset		 1,261 1,218 - 1,644 1,693 1,549 1,943 2,406 2,266 2,054
Deferred Acquisition Cost		 3,151 3,267 3,485 5,103 6,668 7,388 8,811 9,677 9,967 9,993
Goodwill		 834 831 918 2,322 2,343 2,589 2,572 2,603 2,609 2,616
Intangible Assets		 277 240 - 622 540 696 719 639 567 536
Other Assets		 9,133 10,357 24 15,621 13,229 22,451 9,295 8,664 8,353 9,390
Total Liabilities & Shareholders' Equity		 30,036 29,709 3,782 41,089 44,291 44,650 33,921 33,117 33,635 35,021
Total Liabilities		 25,512 25,611 3,782 35,955 38,609 38,695 28,457 28,889 28,826 29,914
Other Short-Term Payables		 2,050 1,986 - 2,241 - 2,641 3,044 - 2,793 2,838
Long-Term Debt		 1,165 1,067 - 2,006 2,007 2,253 2,203 2,130 2,081 2,083
Claims and Claim Expense		 3,897 3,301 3,782 2,814 2,688 1,610 1,605 2,210 1,989 2,914
Future Policy Benefits		 9,467 10,113 - 9,241 9,807 1,359 413 508 487 537
Unearned Premiums Liability		 6,424 6,627 - 15,648 16,604 17,293 18,624 19,802 20,110 20,211
Other Long-Term Liabilities		 713 825 - 2,397 3,977 13,528 2,568 1,507 1,366 1,331
Commitments & Contingencies		 0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 4,524 4,098 0.00 5,134 5,682 5,955 5,464 4,229 4,810 5,107
Total Preferred & Common Equity		 4,524 4,098 0.00 5,112 5,653 5,951 5,464 4,229 4,810 5,107
Total Common Equity		 4,524 4,098 0.00 5,109 5,650 5,949 5,464 4,229 4,810 5,107
Common Stock		 3,150 3,177 - 4,497 4,539 1,957 1,696 1,638 1,669 1,687
Retained Earnings		 4,857 5,297 - 5,760 5,966 3,549 4,041 3,699 4,028 4,378
Treasury Stock		 -3,601 -4,471 - -4,992 -5,267 -267 -123 -123 -123 -123
Accumulated Other Comprehensive Income / (Loss)		 119 95 - -155 412 710 -150 -986 -765 -836

Quarterly Balance Sheets for Assurant

This table presents Assurant's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Total Assets		 33,246 33,117 32,915 33,105 33,209 33,635 33,225 33,773 35,332 35,021 34,988
Cash and Due from Banks		 1,430 1,537 1,526 1,402 1,425 1,627 1,282 1,713 1,813 1,808 1,670
Trading Account Securities		 6,441 6,565 6,838 6,877 6,787 7,135 7,458 7,435 7,816 7,384 7,830
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income		 85 85 94 91 94 97 97 120 120 131 139
Premises and Equipment, Net		 618 645 671 643 664 686 706 733 742 768 786
Mortgage Servicing Rights		 304 296 306 303 322 329 333 330 329 343 346
Unearned Premiums Asset		 2,289 2,406 2,332 2,342 2,410 2,266 2,003 1,815 1,783 2,054 1,843
Deferred Acquisition Cost		 9,578 9,677 9,683 9,819 9,904 9,967 9,979 10,041 10,084 9,993 9,960
Goodwill		 2,547 2,603 2,604 2,606 2,605 2,609 2,609 2,618 2,625 2,616 2,621
Intangible Assets		 631 639 616 608 590 567 563 555 546 536 553
Other Assets		 9,323 8,664 8,246 8,414 8,408 8,353 8,198 8,413 9,474 9,390 9,241
Total Liabilities & Shareholders' Equity		 33,246 33,117 32,915 33,105 33,209 33,635 33,225 33,773 35,332 35,021 34,988
Total Liabilities		 29,147 28,889 28,519 28,619 28,718 28,826 28,305 28,769 30,077 29,914 29,754
Short-Term Debt		 - 2,732 2,639 2,529 2,572 - 2,455 - - - 3,600
Long-Term Debt		 2,129 2,130 2,129 2,129 2,080 2,081 2,081 2,082 2,083 2,083 2,084
Claims and Claim Expense		 3,022 2,210 2,081 2,020 2,011 1,989 2,015 2,115 3,049 2,914 2,570
Future Policy Benefits		 407 508 518 523 511 487 522 512 504 537 507
Unearned Premiums Liability		 19,555 19,802 19,672 19,931 20,120 20,110 20,031 20,245 20,400 20,211 20,133
Other Long-Term Liabilities		 1,566 1,507 1,481 1,486 1,425 1,366 1,201 1,303 1,296 1,331 861
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 4,099 4,229 4,396 4,486 4,491 4,810 4,920 5,004 5,255 5,107 5,234
Total Preferred & Common Equity		 4,099 4,229 4,396 4,486 4,491 4,810 4,920 5,004 5,255 5,107 5,234
Total Common Equity		 4,099 4,229 4,396 4,486 4,491 4,810 4,920 5,004 5,255 5,107 5,234
Common Stock		 1,628 1,638 1,643 1,654 1,674 1,669 1,660 1,670 1,684 1,687 1,674
Retained Earnings		 3,679 3,699 3,776 3,877 3,991 4,028 4,194 4,310 4,322 4,378 4,431
Treasury Stock		 -123 -123 -123 -123 -123 -123 -123 -123 -123 -123 -123
Accumulated Other Comprehensive Income / (Loss)		 -1,085 -986 -900 -923 -1,051 -765 -811 -853 -627 -836 -749

Annual Metrics And Ratios for Assurant

This table displays calculated financial ratios and metrics derived from Assurant's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -0.54% -27.90% -14.48% 24.99% 20.26% 0.30% 6.15% 0.05% 8.15% 7.75%
EBITDA Growth		 -62.88% 76.02% -20.31% -11.57% 43.79% 42.18% 14.30% -43.59% 88.61% 14.71%
EBIT Growth		 -72.96% 318.49% -47.21% -24.97% 36.34% 50.12% 12.99% -54.64% 130.58% 14.94%
NOPAT Growth		 -69.93% 299.29% -8.10% -51.39% 21.30% 69.52% 16.08% -54.12% 132.28% 18.32%
Net Income Growth		 -69.93% 299.29% -8.10% -51.39% 53.13% 14.19% 208.31% -79.69% 132.28% 18.32%
EPS Growth		 -68.17% 345.37% 2.85% -57.61% 46.73% 19.52% 224.64% -77.71% 136.63% 21.00%
Operating Cash Flow Growth		 -41.62% -52.76% 388.40% 23.81% 115.23% -5.05% -41.75% -23.64% 90.67% 17.10%
Free Cash Flow Firm Growth		 266.92% -68.72% 362.87% -223.86% 96.11% 100.29% 163,328.57% -200.25% 347.84% -83.80%
Invested Capital Growth		 -36.99% -9.20% -87.52% 1,007.99% 7.69% 6.75% -6.59% 18.57% -24.20% 4.35%
Revenue Q/Q Growth		 -0.72% -10.60% -0.40% 8.52% -0.62% 2.86% 1.79% 0.01% 2.57% 0.57%
EBITDA Q/Q Growth		 79.41% -36.68% 36.54% -10.11% 12.73% 28.25% -9.84% -9.80% 16.72% 2.87%
EBIT Q/Q Growth		 10.97% -6.88% 33.00% -25.71% 8.62% 36.27% -12.52% -13.37% 19.26% 2.59%
NOPAT Q/Q Growth		 12.77% -5.75% 118.32% -53.13% 7.66% 15.50% -0.30% -14.84% 21.66% 2.54%
Net Income Q/Q Growth		 12.77% -5.75% 118.32% -53.13% 35.91% 2.13% -1.79% -14.02% 21.66% 2.54%
EPS Q/Q Growth		 14.53% -2.67% 115.37% -58.37% 48.22% 3.71% -1.95% -9.98% 21.07% 3.36%
Operating Cash Flow Q/Q Growth		 -75.10% 129.55% -2.32% 6.16% 3.17% 16.99% -19.20% 3.90% 8.12% -16.31%
Free Cash Flow Firm Q/Q Growth		 347.86% -63.37% 617.61% -68.17% -111.87% -99.65% 88.47% -156.14% 219.14% -81.91%
Invested Capital Q/Q Growth		 -29.28% -8.91% -87.62% -24.50% -0.10% 3.26% -3.52% 45.95% -24.63% -2.02%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 3.15% 7.69% 7.17% 5.07% 6.06% 8.59% 9.26% 5.22% 9.10% 9.69%
EBIT Margin		 1.95% 11.31% 6.98% 4.19% 4.75% 7.11% 7.57% 3.43% 7.32% 7.81%
Profit (Net Income) Margin		 1.37% 7.59% 8.16% 3.17% 4.04% 4.60% 13.37% 2.71% 5.83% 6.40%
Tax Burden Percent		 70.38% 66.63% 116.90% 75.74% 85.07% 76.41% 176.56% 79.05% 79.64% 81.98%
Interest Burden Percent		 100.00% 100.78% 100.00% 100.00% 100.00% 84.69% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 29.62% 33.37% -16.90% 24.26% 32.61% 10.15% 21.83% 20.95% 20.36% 18.02%
Return on Invested Capital (ROIC)		 1.92% 10.42% 17.89% 6.49% 4.13% 6.53% 7.60% 3.30% 8.04% 10.80%
ROIC Less NNEP Spread (ROIC-NNEP)		 1.92% 10.42% 17.89% 6.49% 8.14% 2.89% 41.66% 3.30% 8.04% 10.80%
Return on Net Nonoperating Assets (RNNOA)		 0.99% 2.70% 7.47% 3.35% 3.02% 1.06% 16.26% 2.41% 6.18% 4.53%
Return on Equity (ROE)		 2.92% 13.12% 25.36% 9.84% 7.15% 7.59% 23.85% 5.71% 14.22% 15.33%
Cash Return on Invested Capital (CROIC)		 47.31% 20.07% 173.52% -160.40% -3.27% 0.01% 14.41% -13.69% 35.58% 6.54%
Operating Return on Assets (OROA)		 0.65% 2.82% 2.60% 1.47% 1.07% 1.53% 1.96% 1.04% 2.42% 2.70%
Return on Assets (ROA)		 0.46% 1.89% 3.04% 1.11% 0.91% 0.99% 3.47% 0.83% 1.93% 2.21%
Return on Common Equity (ROCE)		 2.92% 13.12% 25.36% 9.79% 7.11% 7.57% 23.84% 5.71% 14.22% 15.33%
Return on Equity Simple (ROE_SIMPLE)		 3.13% 13.80% 0.00% 4.94% 6.84% 7.42% 24.92% 6.54% 13.36% 14.89%
Net Operating Profit after Tax (NOPAT)		 142 565 520 253 306 519 603 277 643 760
NOPAT Margin		 1.37% 7.59% 8.16% 3.17% 3.20% 5.41% 5.92% 2.71% 5.83% 6.40%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% -4.01% 3.65% -34.07% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 98.05% 88.69% 93.02% 95.81% 95.25% 92.89% 92.43% 96.57% 92.68% 92.19%
Earnings before Interest and Taxes (EBIT)		 201 842 445 334 455 683 771 350 807 927
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 325 573 456 404 580 825 943 532 1,003 1,151
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.98 1.11 0.00 0.98 1.29 1.26 1.55 1.50 1.81 2.13
Price to Tangible Book Value (P/TBV)		 1.30 1.50 0.00 2.30 2.64 2.82 3.90 6.43 5.32 5.57
Price to Revenue (P/Rev)		 0.43 0.61 0.75 0.63 0.76 0.78 0.83 0.62 0.79 0.92
Price to Earnings (P/E)		 31.38 8.04 9.17 21.07 20.06 17.78 6.25 22.95 13.53 14.33
Dividend Yield		 2.03% 2.55% 2.43% 2.84% 2.02% 2.00% 1.79% 2.28% 1.71% 1.39%
Earnings Yield		 3.19% 12.43% 10.91% 4.75% 4.98% 5.62% 16.01% 4.36% 7.39% 6.98%
Enterprise Value to Invested Capital (EV/IC)		 0.76 0.89 7.39 0.81 0.97 0.92 1.13 1.06 1.33 1.55
Enterprise Value to Revenue (EV/Rev)		 0.42 0.62 0.75 0.72 0.78 0.79 0.85 0.95 0.83 0.94
Enterprise Value to EBITDA (EV/EBITDA)		 13.28 8.00 10.44 14.29 12.88 9.16 9.16 18.19 9.11 9.71
Enterprise Value to EBIT (EV/EBIT)		 21.47 5.44 10.72 17.29 16.44 11.07 11.20 27.65 11.33 12.05
Enterprise Value to NOPAT (EV/NOPAT)		 30.50 8.10 9.17 22.83 24.39 14.55 14.33 34.97 14.23 14.69
Enterprise Value to Operating Cash Flow (EV/OCF)		 18.79 42.19 8.98 8.78 5.29 5.63 11.05 16.21 8.03 8.38
Enterprise Value to Free Cash Flow (EV/FCFF)		 1.24 4.21 0.95 0.00 0.00 10,797.76 7.55 0.00 3.22 24.26
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.26 0.26 0.00 0.39 0.35 0.38 0.40 1.15 0.43 0.41
Long-Term Debt to Equity		 0.26 0.26 0.00 0.39 0.35 0.38 0.40 0.50 0.43 0.41
Financial Leverage		 0.52 0.26 0.42 0.52 0.37 0.37 0.39 0.73 0.77 0.42
Leverage Ratio		 6.35 6.93 8.33 8.87 7.89 7.64 6.88 6.92 7.39 6.92
Compound Leverage Factor		 6.35 6.98 8.33 8.87 7.89 6.47 6.88 6.92 7.39 6.92
Debt to Total Capital		 20.47% 20.66% 0.00% 28.10% 26.10% 27.45% 28.73% 53.48% 30.20% 28.97%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 30.05% 0.00% 0.00%
Long-Term Debt to Total Capital		 20.47% 20.66% 0.00% 28.10% 26.10% 27.45% 28.73% 23.43% 30.20% 28.97%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.04% 0.04% 0.04% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.31% 0.38% 0.04% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 79.53% 79.34% 0.00% 71.56% 73.48% 72.47% 71.27% 46.52% 69.80% 71.03%
Debt to EBITDA		 3.58 1.86 0.00 4.97 3.46 2.73 2.34 9.14 2.07 1.81
Net Debt to EBITDA		 -0.38 0.06 0.00 1.86 0.24 0.05 0.17 6.25 0.45 0.24
Long-Term Debt to EBITDA		 3.58 1.86 0.00 4.97 3.46 2.73 2.34 4.00 2.07 1.81
Debt to NOPAT		 8.23 1.89 0.00 7.94 6.55 4.34 3.65 17.58 3.24 2.74
Net Debt to NOPAT		 -0.87 0.06 0.00 2.98 0.46 0.09 0.27 12.02 0.71 0.36
Long-Term Debt to NOPAT		 8.23 1.89 0.00 7.94 6.55 4.34 3.65 7.70 3.24 2.74
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.48% 0.53% 0.33% 0.06% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 3,481 1,089 5,040 -6,243 -243 0.70 1,144 -1,147 2,843 461
Operating Cash Flow to CapEx		 200.09% 127.46% 1,477.44% 793.12% 1,281.41% 1,107.26% 417.13% 320.40% 562.02% 602.21%
Free Cash Flow to Firm to Interest Expense		 0.00 18.90 101.82 -62.24 0.00 0.01 0.00 -10.59 26.32 4.30
Operating Cash Flow to Interest Expense		 0.00 1.89 10.72 6.55 0.00 12.84 0.00 5.51 10.54 12.46
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.41 9.99 5.72 0.00 11.68 0.00 3.79 8.66 10.39
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.34 0.25 0.37 0.35 0.22 0.22 0.26 0.30 0.33 0.35
Fixed Asset Turnover		 35.85 23.19 0.00 0.00 23.16 21.82 20.22 16.90 16.57 16.34
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 5,689 5,165 644 7,140 7,689 8,208 7,667 9,090 6,890 7,190
Invested Capital Turnover		 1.40 1.37 2.19 2.04 1.29 1.21 1.28 1.22 1.38 1.69
Increase / (Decrease) in Invested Capital		 -3,339 -524 -4,521 6,496 549 519 -541 1,424 -2,200 300
Enterprise Value (EV)		 4,319 4,582 4,763 5,766 7,474 7,558 8,639 9,673 9,144 11,170
Market Capitalization		 4,443 4,547 4,763 4,989 7,302 7,507 8,477 6,349 8,691 10,895
Book Value per Share		 $68.71 $71.88 $0.00 $82.33 $93.18 $101.24 $95.90 $80.04 $91.45 $99.57
Tangible Book Value per Share		 $51.84 $53.09 ($17.05) $34.89 $45.62 $45.32 $38.14 $18.68 $31.06 $38.12
Total Capital		 5,689 5,165 0.00 7,140 7,689 8,208 7,667 9,090 6,890 7,190
Total Debt		 1,165 1,067 0.00 2,006 2,007 2,253 2,203 4,861 2,081 2,083
Total Long-Term Debt		 1,165 1,067 0.00 2,006 2,007 2,253 2,203 2,130 2,081 2,083
Net Debt		 -124 35 0.00 752 140 45 162 3,325 453 275
Capital Expenditures (CapEx)		 115 85 36 83 110 121 187 186 203 221
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 -80 78 -759 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 1,165 1,067 644 2,006 2,007 2,253 2,203 4,861 2,081 2,083
Total Depreciation and Amortization (D&A)		 124 -269 12 70 126 142 172 182 196 224
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $2.08 $9.23 $9.45 $4.00 $5.87 $7.04 $23.13 $5.09 $12.02 $14.55
Adjusted Weighted Average Basic Shares Outstanding		 68.16M 61.26M 54.99M 59.24M 61.94M 60.11M 59.14M 54.37M 53.46M 52.23M
Adjusted Diluted Earnings per Share		 $2.05 $9.13 $9.39 $3.98 $5.84 $6.99 $22.83 $5.05 $11.95 $14.46
Adjusted Weighted Average Diluted Shares Outstanding		 69.02M 61.93M 55.31M 59.55M 62.31M 63.18M 60.12M 54.78M 53.78M 52.58M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $5.87 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 64.78M 55.64M 52.48M 61.70M 59.82M 57.90M 55.16M 52.92M 51.98M 50.79M
Normalized Net Operating Profit after Tax (NOPAT)		 142 565 312 253 328 519 619 283 643 760
Normalized NOPAT Margin		 1.37% 7.59% 4.90% 3.17% 3.42% 5.41% 6.08% 2.78% 5.83% 6.40%
Pre Tax Income Margin		 1.95% 11.40% 6.98% 4.19% 4.75% 6.02% 7.57% 3.43% 7.32% 7.81%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.00 14.62 8.98 3.33 0.00 6.53 0.00 3.23 7.47 8.67
NOPAT to Interest Expense		 0.00 9.82 10.50 2.52 0.00 4.97 0.00 2.55 5.95 7.10
EBIT Less CapEx to Interest Expense		 0.00 13.14 8.25 2.50 0.00 5.37 0.00 1.51 5.60 6.60
NOPAT Less CapEx to Interest Expense		 0.00 8.34 9.77 1.69 0.00 3.81 0.00 0.83 4.07 5.04
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 22.16% 22.90% 58.59% 43.98% 39.23% 11.92% 54.30% 23.70% 20.51%
Augmented Payout Ratio		 206.85% 174.81% 97.75% 113.74% 109.15% 108.81% 73.55% 261.39% 53.76% 60.94%

Quarterly Metrics And Ratios for Assurant

This table displays calculated financial ratios and metrics derived from Assurant's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -1.61% 0.03% 6.45% 7.76% 7.82% 10.43% 8.98% 8.15% 8.03% 5.99% 7.73%
EBITDA Growth		 -76.84% -29.50% -12.27% 113.14% 415.38% 104.06% 75.97% 12.68% -23.55% 11.39% -30.01%
EBIT Growth		 -95.48% -35.93% -16.04% 192.27% 2,591.76% 135.31% 99.12% 14.00% -33.79% 10.33% -37.28%
NOPAT Growth		 -95.17% -41.44% -23.76% 199.43% 2,504.11% 167.99% 108.10% 20.73% -29.62% 10.30% -37.99%
Net Income Growth		 -99.17% -39.84% -23.76% 199.43% 2,504.11% 167.99% 108.10% 20.73% -29.62% 10.30% -37.99%
EPS Growth		 -99.05% -29.95% -20.00% 205.26% 2,428.57% 158.78% 110.85% 23.45% -27.97% 13.86% -36.69%
Operating Cash Flow Growth		 32,495.00% 8.79% 151.81% 7.17% -48.99% 30.86% -68.22% 283.44% 32.07% -71.65% 375.64%
Free Cash Flow Firm Growth		 1,025.51% -306.18% -291.41% -224.80% -257.86% 275.78% 96.93% 193.64% 171.15% -104.13% -2,243.49%
Invested Capital Growth		 -21.62% 18.57% 26.85% 38.79% 46.79% -24.20% 3.19% -22.51% -19.74% 4.35% 15.45%
Revenue Q/Q Growth		 1.52% 4.12% -0.38% 2.33% 1.58% 6.64% -4.33% 1.56% 1.46% 4.62% -0.99%
EBITDA Q/Q Growth		 -54.83% 159.10% 41.35% 28.84% 9.22% 2.58% 21.90% -17.50% -25.90% 49.48% -23.42%
EBIT Q/Q Growth		 -87.84% 1,032.94% 52.75% 38.89% 11.99% -0.96% 29.26% -20.48% -34.95% 65.02% -26.52%
NOPAT Q/Q Growth		 -86.02% 832.88% 66.81% 37.59% 21.63% -4.00% 29.53% -20.18% -29.09% 50.45% -27.17%
Net Income Q/Q Growth		 -86.02% 832.88% 66.81% 37.59% 21.63% -4.00% 29.53% -20.18% -29.09% 50.45% -27.17%
EPS Q/Q Growth		 -85.26% 835.71% 61.83% 36.79% 22.07% -4.24% 31.86% -19.91% -28.77% 51.37% -26.68%
Operating Cash Flow Q/Q Growth		 274.51% -57.23% -6.32% -28.58% 78.26% 9.71% -77.25% 761.70% -38.60% -76.45% 281.71%
Free Cash Flow Firm Q/Q Growth		 -10.26% -178.56% -34.75% -31.37% -13.52% 187.47% 86.32% 4,104.99% -13.74% -105.08% -1,236.08%
Invested Capital Q/Q Growth		 -5.47% 45.95% 0.81% -0.22% -0.02% -24.63% -2.34% -25.07% 3.55% -2.02% 51.85%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 2.09% 5.21% 7.39% 9.30% 10.00% 9.62% 11.93% 9.69% 7.08% 10.11% 7.82%
EBIT Margin		 0.33% 3.63% 5.57% 7.55% 8.33% 7.74% 10.17% 7.96% 5.11% 8.05% 5.98%
Profit (Net Income) Margin		 0.29% 2.57% 4.30% 5.78% 6.92% 6.23% 8.21% 6.45% 4.51% 6.48% 4.77%
Tax Burden Percent		 85.88% 70.72% 77.23% 76.51% 83.09% 80.54% 80.71% 81.02% 88.32% 80.52% 79.80%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 14.12% 29.28% 22.77% 23.49% 16.91% 19.46% 19.29% 18.98% 11.68% 19.48% 20.20%
Return on Invested Capital (ROIC)		 0.41% 3.12% 5.43% 7.75% 9.68% 8.60% 10.02% 9.21% 6.46% 10.94% 5.66%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.41% 3.12% 5.43% 7.75% 9.68% 8.60% 10.02% 9.21% 6.46% 10.94% 5.66%
Return on Net Nonoperating Assets (RNNOA)		 0.18% 2.28% 4.02% 5.88% 7.64% 6.60% 10.01% 6.54% 4.46% 4.59% 5.70%
Return on Equity (ROE)		 0.59% 5.40% 9.45% 13.63% 17.32% 15.20% 20.03% 15.76% 10.93% 15.53% 11.36%
Cash Return on Invested Capital (CROIC)		 28.83% -13.69% -20.73% -28.10% -31.04% 35.58% 5.08% 35.19% 30.89% 6.54% -7.76%
Operating Return on Assets (OROA)		 0.10% 1.10% 1.75% 2.46% 2.69% 2.55% 3.50% 2.76% 1.76% 2.79% 2.12%
Return on Assets (ROA)		 0.09% 0.78% 1.35% 1.88% 2.24% 2.06% 2.82% 2.24% 1.55% 2.24% 1.69%
Return on Common Equity (ROCE)		 0.59% 5.40% 9.45% 13.63% 17.32% 15.20% 20.03% 15.76% 10.93% 15.53% 11.36%
Return on Equity Simple (ROE_SIMPLE)		 7.85% 0.00% 5.49% 7.70% 11.76% 0.00% 15.55% 15.94% 14.11% 0.00% 12.81%
Net Operating Profit after Tax (NOPAT)		 7.30 68 114 156 190 183 236 189 134 201 147
NOPAT Margin		 0.29% 2.57% 4.30% 5.78% 6.92% 6.23% 8.21% 6.45% 4.51% 6.48% 4.77%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 99.67% 96.37% 94.43% 92.45% 91.67% 92.26% 89.83% 92.04% 94.90% 91.95% 94.02%
Earnings before Interest and Taxes (EBIT)		 8.50 96 147 204 229 227 293 233 152 250 184
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 53 138 195 252 275 282 344 283 210 314 240
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.82 1.50 1.41 1.46 1.67 1.81 2.00 1.73 1.96 2.13 2.04
Price to Tangible Book Value (P/TBV)		 8.11 6.43 5.27 5.16 5.78 5.32 5.64 4.72 4.94 5.57 5.17
Price to Revenue (P/Rev)		 0.73 0.62 0.60 0.62 0.70 0.79 0.87 0.75 0.87 0.92 0.88
Price to Earnings (P/E)		 23.21 22.95 25.73 19.01 14.18 13.53 12.88 10.83 13.89 14.33 15.89
Dividend Yield		 1.94% 2.28% 2.35% 2.25% 1.98% 1.71% 1.89% 1.72% 1.45% 1.39% 1.45%
Earnings Yield		 4.31% 4.36% 3.89% 5.26% 7.05% 7.39% 7.76% 9.23% 7.20% 6.98% 6.29%
Enterprise Value to Invested Capital (EV/IC)		 1.31 1.06 1.03 1.07 1.17 1.33 1.39 1.27 1.44 1.55 1.34
Enterprise Value to Revenue (EV/Rev)		 0.80 0.95 0.91 0.93 1.00 0.83 1.15 0.78 0.89 0.94 1.21
Enterprise Value to EBITDA (EV/EBITDA)		 13.85 18.19 18.73 15.39 12.47 9.11 11.39 7.61 9.45 9.71 14.00
Enterprise Value to EBIT (EV/EBIT)		 20.22 27.65 29.36 21.53 15.84 11.33 13.77 9.18 11.69 12.05 17.93
Enterprise Value to NOPAT (EV/NOPAT)		 25.15 34.97 39.18 28.44 20.29 14.23 17.13 11.30 14.26 14.69 21.88
Enterprise Value to Operating Cash Flow (EV/OCF)		 14.22 16.21 6.96 7.17 10.18 8.03 13.65 6.06 6.64 8.38 8.93
Enterprise Value to Free Cash Flow (EV/FCFF)		 4.00 0.00 0.00 0.00 0.00 3.22 27.74 3.16 4.15 24.26 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.52 1.15 1.08 1.04 1.04 0.43 0.92 0.42 0.40 0.41 1.09
Long-Term Debt to Equity		 0.52 0.50 0.48 0.47 0.46 0.43 0.42 0.42 0.40 0.41 0.40
Financial Leverage		 0.44 0.73 0.74 0.76 0.79 0.77 1.00 0.71 0.69 0.42 1.01
Leverage Ratio		 6.79 6.92 7.00 7.25 7.74 7.39 7.10 7.05 7.03 6.92 6.72
Compound Leverage Factor		 6.79 6.92 7.00 7.25 7.74 7.39 7.10 7.05 7.03 6.92 6.72
Debt to Total Capital		 34.19% 53.48% 52.03% 50.94% 50.88% 30.20% 47.97% 29.38% 28.38% 28.97% 52.06%
Short-Term Debt to Total Capital		 0.00% 30.05% 28.80% 27.65% 28.13% 0.00% 25.96% 0.00% 0.00% 0.00% 32.97%
Long-Term Debt to Total Capital		 34.19% 23.43% 23.23% 23.29% 22.75% 30.20% 22.01% 29.38% 28.38% 28.97% 19.09%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 65.81% 46.52% 47.97% 49.06% 49.12% 69.80% 52.03% 70.62% 71.62% 71.03% 47.94%
Debt to EBITDA		 3.61 9.14 9.45 7.30 5.41 2.07 3.94 1.76 1.86 1.81 5.42
Net Debt to EBITDA		 1.19 6.25 6.43 5.10 3.75 0.45 2.83 0.31 0.24 0.24 3.83
Long-Term Debt to EBITDA		 3.61 4.00 4.22 3.34 2.42 2.07 1.81 1.76 1.86 1.81 1.99
Debt to NOPAT		 6.56 17.58 19.77 13.49 8.81 3.24 5.93 2.61 2.81 2.74 8.48
Net Debt to NOPAT		 2.15 12.02 13.44 9.43 6.11 0.71 4.25 0.46 0.36 0.36 5.99
Long-Term Debt to NOPAT		 6.56 7.70 8.83 6.17 3.94 3.24 2.72 2.61 2.81 2.74 3.11
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 1,725 -1,355 -1,826 -2,399 -2,724 2,383 -56 2,247 1,938 -98 -1,315
Operating Cash Flow to CapEx		 1,390.34% 528.82% 536.36% 375.30% 655.75% 667.77% 162.40% 1,283.21% 926.75% 151.18% 734.83%
Free Cash Flow to Firm to Interest Expense		 0.00 -12.52 0.00 -88.21 -100.88 44.28 0.00 84.15 72.59 -1.84 -49.06
Operating Cash Flow to Interest Expense		 0.00 2.56 0.00 6.82 12.24 6.74 0.00 26.63 16.35 1.92 14.64
Operating Cash Flow Less CapEx to Interest Expense		 0.00 2.07 0.00 5.00 10.37 5.73 0.00 24.55 14.58 0.65 12.65
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.30 0.30 0.31 0.33 0.32 0.33 0.34 0.35 0.34 0.35 0.35
Fixed Asset Turnover		 17.78 16.90 16.48 16.86 16.77 16.57 16.51 16.85 16.79 16.34 16.21
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 6,228 9,090 9,164 9,144 9,142 6,890 9,457 7,086 7,338 7,190 10,918
Invested Capital Turnover		 1.44 1.22 1.26 1.34 1.40 1.38 1.22 1.43 1.43 1.69 1.19
Increase / (Decrease) in Invested Capital		 -1,718 1,424 1,940 2,556 2,914 -2,200 293 -2,058 -1,804 300 1,461
Enterprise Value (EV)		 8,168 9,673 9,449 9,821 10,715 9,144 13,113 9,011 10,569 11,170 14,668
Market Capitalization		 7,468 6,349 6,207 6,564 7,488 8,691 9,859 8,643 10,300 10,895 10,654
Book Value per Share		 $77.03 $80.04 $83.08 $84.40 $84.69 $91.45 $93.66 $96.26 $101.47 $99.57 $103.05
Tangible Book Value per Share		 $17.30 $18.68 $22.24 $23.92 $24.43 $31.06 $33.29 $35.22 $40.24 $38.12 $40.58
Total Capital		 6,228 9,090 9,164 9,144 9,142 6,890 9,457 7,086 7,338 7,190 10,918
Total Debt		 2,129 4,861 4,768 4,658 4,652 2,081 4,537 2,082 2,083 2,083 5,684
Total Long-Term Debt		 2,129 2,130 2,129 2,129 2,080 2,081 2,081 2,082 2,083 2,083 2,084
Net Debt		 700 3,325 3,242 3,257 3,226 453 3,255 369 269 275 4,014
Capital Expenditures (CapEx)		 47 52 48 49 50 54 51 55 47 68 53
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 2,129 4,861 4,768 4,658 4,652 2,081 4,537 2,082 2,083 2,083 5,684
Total Depreciation and Amortization (D&A)		 45 42 48 47 46 55 51 51 59 64 57
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.14 $1.32 $2.12 $2.91 $3.55 $3.44 $4.50 $3.59 $2.56 $3.90 $2.86
Adjusted Weighted Average Basic Shares Outstanding		 53.72M 54.37M 53.49M 53.75M 53.54M 53.46M 52.53M 52.50M 52.20M 52.23M 51.28M
Adjusted Diluted Earnings per Share		 $0.14 $1.31 $2.12 $2.90 $3.54 $3.39 $4.47 $3.58 $2.55 $3.86 $2.83
Adjusted Weighted Average Diluted Shares Outstanding		 54.07M 54.78M 53.70M 53.89M 53.75M 53.78M 52.87M 52.72M 52.46M 52.58M 51.73M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 52.83M 52.92M 53.15M 53.02M 52.59M 51.98M 51.99M 51.79M 51.29M 50.79M 50.70M
Normalized Net Operating Profit after Tax (NOPAT)		 7.30 68 114 156 190 183 236 189 134 201 147
Normalized NOPAT Margin		 0.29% 2.57% 4.30% 5.78% 6.92% 6.23% 8.21% 6.45% 4.51% 6.48% 4.77%
Pre Tax Income Margin		 0.33% 3.63% 5.57% 7.55% 8.33% 7.74% 10.17% 7.96% 5.11% 8.05% 5.98%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.89 0.00 7.51 8.47 4.21 0.00 8.72 5.67 4.66 6.85
NOPAT to Interest Expense		 0.00 0.63 0.00 5.75 7.04 3.39 0.00 7.07 5.01 3.76 5.47
EBIT Less CapEx to Interest Expense		 0.00 0.41 0.00 5.69 6.61 3.20 0.00 6.65 3.91 3.40 4.86
NOPAT Less CapEx to Interest Expense		 0.00 0.15 0.00 3.93 5.17 2.38 0.00 4.99 3.25 2.49 3.48
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 47.19% 54.30% 62.11% 43.70% 28.65% 23.70% 19.95% 19.17% 20.68% 20.51% 23.78%
Augmented Payout Ratio		 312.22% 261.39% 204.23% 79.61% 44.23% 53.76% 51.21% 52.14% 62.91% 60.94% 72.34%

Key Financial Trends

Assurant (NYSE: AIZ) has demonstrated generally strong financial performance over the last several years, as reflected in its quarterly financial statements from 2022 through Q1 2025. Below are the key trends and points from the analysis of the company's income statements, balance sheets, and cash flow statements.

  • Revenue Growth: Total revenue has shown steady growth from about $2.65 billion in Q4 2022 to $3.07 billion in Q1 2025, driven primarily by increased premiums earned and other service charges.
  • Consistent Net Income Growth: Net income attributable to common shareholders rose from $68.1 million in Q4 2022 to $146.6 million in Q1 2025, showing solid profitability improvement over this timeframe.
  • Strong Operating Cash Flow: Net cash from operating activities increased significantly since 2023, with $259.6 million in Q1 2023, reaching $392.4 million in Q1 2025, indicating robust cash generation capability from core operations.
  • Stable Shareholder Equity Growth: Total common equity has increased from roughly $4.23 billion in Q1 2022 to $5.23 billion in Q1 2025, reflecting retained earnings growth and potentially share repurchases supporting shareholder value.
  • Effective Capital Allocation: The company continues to pay consistent dividends (e.g., $0.80 per share in Q1 2025) and repurchases shares (e.g., $64.3 million in Q1 2025), showing balanced capital return to shareholders.
  • Interest Expense Impact: Interest expense on long-term debt has roughly doubled from about $26.7 million in mid-2023 to $53.6 million in Q4 2024, which impacts net interest income negatively, though interest expense stabilized in Q1 2025.
  • Underlying Non-Interest Expenses: Other operating expenses remain substantial at around $2 billion quarterly, though relatively stable, requiring management's ongoing control to support margins.
  • Investment Income Volatility: Net realized and unrealized capital gains on investments fluctuate between about $88 million to $127 million quarterly, introducing variability to non-interest income.
  • Increase in Total Liabilities: Total liabilities saw an increase from approximately $28.5 billion in early 2022 to nearly $30 billion by end of 2024, led by rising unearned premium liabilities and other long-term liabilities, potentially raising risk if not matched by revenue growth.
  • Decline in Cash and Due from Banks: Cash and cash equivalents decreased from about $1.8 billion in Q4 2024 to $1.67 billion in Q1 2025, partially due to investing activities outpacing operating cash inflows, which could constrain liquidity in the short term.

Summary: Assurant has shown positive trends in revenue growth, net income, and strong operating cash flow generation over recent years. The company has effectively managed shareholder returns through dividends and share repurchases. However, investors should monitor the pressure from rising interest expenses and growing liabilities alongside investment income volatility. Liquidity remains adequate but watchful management of cash balances and liabilities will be important going forward.

08/08/25 11:38 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Assurant's Financials

When does Assurant's fiscal year end?

According to the most recent income statement we have on file, Assurant's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Assurant's net income changed over the last 9 years?

Assurant's net income appears to be on an upward trend, with a most recent value of $760.20 million in 2024, rising from $141.60 million in 2015. The previous period was $642.50 million in 2023. Check out Assurant's forecast to explore projected trends and price targets.

How has Assurant's revenue changed over the last 9 years?

Over the last 9 years, Assurant's total revenue changed from $10.33 billion in 2015 to $11.88 billion in 2024, a change of 15.0%.

How much debt does Assurant have?

Assurant's total liabilities were at $29.91 billion at the end of 2024, a 3.8% increase from 2023, and a 17.3% increase since 2015.

How much cash does Assurant have?

In the past 9 years, Assurant's cash and equivalents has ranged from $0.00 in 2017 to $2.21 billion in 2020, and is currently $1.81 billion as of their latest financial filing in 2024.

How has Assurant's book value per share changed over the last 9 years?

Over the last 9 years, Assurant's book value per share changed from 68.71 in 2015 to 99.57 in 2024, a change of 44.9%.


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This page (NYSE:AIZ) was last updated on 8/8/2025 by MarketBeat.com Staff
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