Fidelis Insurance (FIHL) Financials

$16.42 -0.01 (-0.04%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$16.43 +0.01 (+0.04%)

As of 05/23/2025 04:01 PM Eastern

Annual Income Statements for Fidelis Insurance

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

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Income / (Loss) Attributable to Common Shareholders	113	2,133	53	68
Consolidated Net Income / (Loss)	113	2,133	62	78
Net Income / (Loss) Continuing Operations	113	2,133	62	78
Total Pre-Tax Income	136	2,047	80	79
Total Operating Income	-22	1,967	66	93
Total Gross Profit	2,230	3,477	1,467	1,173
Total Revenue	2,230	3,477	1,467	1,173
Operating Revenue	2,230	3,477	1,467	1,173
Total Cost of Revenue	0.00	0.00	0.00	0.00
Total Operating Expenses	2,251	1,509	1,401	1,080
Selling, General & Admin Expense	96	87	186	133
Other Operating Expenses / (Income)	2,156	1,423	1,215	947
Total Other Income / (Expense), net	158	80	14	-14
Interest & Investment Income	191	120	41	21
Other Income / (Expense), net	-32	-40	-27	-35
Income Tax Expense	23	-85	18	0.40
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	9.70	10
Basic Earnings per Share	$0.98	$18.65	$0.27	$0.35
Weighted Average Basic Shares Outstanding	115.22M	114.31M	194.29M	195.49M
Diluted Earnings per Share	$0.98	$18.65	$0.26	$0.34
Weighted Average Diluted Shares Outstanding	115.63M	114.32M	199.32M	200.38M
Weighted Average Basic & Diluted Shares Outstanding	111.73M	117.91M	-	-
Cash Dividends to Common per Share	$0.40	$0.00	-	-

No quarterly income statements for Fidelis Insurance are available.

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

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Change in Cash & Equivalents	-18	-444	932	-763
Net Cash From Operating Activities	618	495	741	346
Net Cash From Continuing Operating Activities	618	495	741	346
Net Income / (Loss) Continuing Operations	113	2,133	62	78
Consolidated Net Income / (Loss)	113	2,133	62	78
Depreciation Expense	-14	0.30	3.90	4.50
Non-Cash Adjustments To Reconcile Net Income	979	-918	925	716
Changes in Operating Assets and Liabilities, net	-460	-720	-250	-453
Net Cash From Investing Activities	-476	-835	216	-1,086
Net Cash From Continuing Investing Activities	-476	-835	216	-1,086
Purchase of Property, Plant & Equipment	-4.60	-6.40	-19	-7.10
Purchase of Investments	-2,523	-2,242	-1,696	-2,247
Sale and/or Maturity of Investments	2,052	1,413	1,931	1,169
Net Cash From Financing Activities	-154	-107	-16	-18
Net Cash From Continuing Financing Activities	-154	-107	-16	-18
Repurchase of Common Equity	-106	0.00	0.00	-321
Payment of Dividends	-46	-40	-16	-8.40
Issuance of Common Equity	0.00	89	0.00	318
Other Financing Activities, net	-2.20	-156	0.00	-7.10
Effect of Exchange Rate Changes	-6.00	2.80	-9.20	-4.60
Cash Interest Paid	30	30	30	29
Cash Income Taxes Paid	5.60	15	12	24

No quarterly cash flow statements for Fidelis Insurance are available.

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

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	11,766	10,028	8,313
Total Current Assets	4,825	3,374	3,727
Cash & Equivalents	743	712	1,222
Restricted Cash	204	252	186
Short-Term Investments	3,669	27	2,319
Accounts Receivable	209	173	0.00
Plant, Property, & Equipment, net	0.00	0.00	0.00
Total Noncurrent Assets	6,941	6,702	4,586
Long-Term Investments	201	48	117
Noncurrent Note & Lease Receivables	2,729	-	-
Other Noncurrent Operating Assets	4,011	6,654	4,469
Total Liabilities & Shareholders' Equity	11,766	10,028	8,313
Total Liabilities	9,318	7,578	6,325
Total Current Liabilities	0.00	7,063	0.00
Total Noncurrent Liabilities	9,318	516	6,325
Long-Term Debt	449	448	448
Asset Retirement Reserve & Litigation Obligation	3,134	-	2,045
Other Noncurrent Operating Liabilities	5,734	67	3,833
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,448	2,450	1,987
Total Preferred & Common Equity	2,448	2,450	1,977
Total Common Equity	2,448	2,450	1,977
Common Stock	2,046	2,040	2,077
Retained Earnings	504	437	0.50
Treasury Stock	-106	0.00	-
Accumulated Other Comprehensive Income / (Loss)	4.50	-27	-101

No quarterly balance sheets for Fidelis Insurance are available.

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

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Growth Metrics	-	-	-	-
Revenue Growth	-35.87%	137.02%	25.03%	0.00%
EBITDA Growth	-103.53%	4,352.66%	-30.83%	0.00%
EBIT Growth	-102.81%	4,792.64%	-32.19%	0.00%
NOPAT Growth	-100.89%	3,879.82%	-44.29%	0.00%
Net Income Growth	-94.69%	3,322.95%	-20.43%	0.00%
EPS Growth	-94.75%	7,073.08%	-23.53%	0.00%
Operating Cash Flow Growth	24.84%	-33.21%	114.40%	0.00%
Free Cash Flow Firm Growth	400.60%	-186.72%	0.00%	0.00%
Invested Capital Growth	-200.66%	235.30%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	-3.05%	55.46%	2.95%	5.34%
Operating Margin	-0.98%	56.58%	4.51%	7.92%
EBIT Margin	-2.43%	55.45%	2.69%	4.95%
Profit (Net Income) Margin	5.08%	61.34%	4.25%	6.67%
Tax Burden Percent	83.06%	104.17%	77.78%	99.49%
Interest Burden Percent	-252.13%	106.20%	203.30%	135.46%
Effective Tax Rate	16.94%	-4.17%	22.22%	0.51%
Return on Invested Capital (ROIC)	0.00%	823.79%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	819.55%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-727.66%	0.00%	0.00%
Return on Equity (ROE)	4.63%	96.13%	3.14%	0.00%
Cash Return on Invested Capital (CROIC)	0.00%	-66.44%	0.00%	0.00%
Operating Return on Assets (OROA)	-0.50%	21.02%	0.47%	0.00%
Return on Assets (ROA)	1.04%	23.25%	0.75%	0.00%
Return on Common Equity (ROCE)	4.63%	95.90%	3.12%	0.00%
Return on Equity Simple (ROE_SIMPLE)	4.63%	87.05%	3.15%	0.00%
Net Operating Profit after Tax (NOPAT)	-18	2,049	51	92
NOPAT Margin	-0.82%	58.94%	3.51%	7.88%
Net Nonoperating Expense Percent (NNEP)	5.36%	4.23%	0.64%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-0.63%	70.71%	2.11%	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	4.30%	2.50%	12.68%	11.37%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	100.98%	43.42%	95.49%	92.08%
Earnings before Interest and Taxes (EBIT)	-54	1,928	39	58
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-68	1,928	43	63
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.87	0.08	0.11	0.00
Price to Tangible Book Value (P/TBV)	0.87	0.08	0.11	0.00
Price to Revenue (P/Rev)	0.96	0.05	0.14	0.18
Price to Earnings (P/E)	18.87	0.09	3.99	3.07
Dividend Yield	2.21%	0.00%	0.00%	0.00%
Earnings Yield	5.30%	1,147.39%	25.05%	32.52%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.18	0.18	0.23	0.00
Long-Term Debt to Equity	0.18	0.18	0.23	0.00
Financial Leverage	-1.00	-0.89	-1.71	0.00
Leverage Ratio	4.45	4.13	4.18	0.00
Compound Leverage Factor	-11.22	4.39	8.50	0.00
Debt to Total Capital	15.49%	15.47%	18.38%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	15.49%	15.47%	18.38%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.42%	0.00%
Common Equity to Total Capital	84.51%	84.53%	81.20%	0.00%
Debt to EBITDA	-6.59	0.23	10.33	0.00
Net Debt to EBITDA	64.14	-0.31	-78.44	0.00
Long-Term Debt to EBITDA	-6.59	0.23	10.33	0.00
Debt to NOPAT	-24.68	0.22	8.69	0.00
Net Debt to NOPAT	240.10	-0.29	-65.96	0.00
Long-Term Debt to NOPAT	-24.68	0.22	8.69	0.00
Altman Z-Score	0.86	0.62	0.75	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.23%	0.52%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	0.48	0.00	0.00
Quick Ratio	0.00	0.13	0.00	0.00
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	3,808	-1,267	1,461	0.00
Operating Cash Flow to CapEx	13,439.13%	7,737.50%	3,943.62%	4,870.42%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-
Asset Turnover	0.20	0.38	0.18	0.00
Accounts Receivable Turnover	11.67	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	31.29	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	31.29	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-
Invested Capital	-1,919	1,907	-1,409	0.00
Invested Capital Turnover	-353.89	13.98	-2.08	0.00
Increase / (Decrease) in Invested Capital	-3,826	3,316	-1,409	0.00
Enterprise Value (EV)	-2,230	-405	-3,176	0.00
Market Capitalization	2,138	186	210	210
Book Value per Share	$20.76	$21.43	$10.17	$0.00
Tangible Book Value per Share	$20.76	$21.43	$10.17	$0.00
Total Capital	2,897	2,898	2,435	0.00
Total Debt	449	448	448	0.00
Total Long-Term Debt	449	448	448	0.00
Net Debt	-4,368	-591	-3,396	0.00
Capital Expenditures (CapEx)	4.60	6.40	19	7.10
Debt-free, Cash-free Net Working Capital (DFCFNWC)	209	-4,680	0.00	0.00
Debt-free Net Working Capital (DFNWC)	4,825	-3,689	3,727	0.00
Net Working Capital (NWC)	4,825	-3,689	3,727	0.00
Net Nonoperating Expense (NNE)	-131	-83	-11	14
Net Nonoperating Obligations (NNO)	-4,368	-543	-3,396	0.00
Total Depreciation and Amortization (D&A)	-14	0.30	3.90	4.50
Debt-free, Cash-free Net Working Capital to Revenue	9.37%	-134.62%	0.00%	0.00%
Debt-free Net Working Capital to Revenue	216.39%	-106.11%	254.07%	0.00%
Net Working Capital to Revenue	216.39%	-106.11%	254.07%	0.00%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.98	$18.65	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	115.22M	114.31M	0.00	0.00
Adjusted Diluted Earnings per Share	$0.98	$18.65	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	115.63M	114.32M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	111.73M	117.91M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-18	1,377	51	92
Normalized NOPAT Margin	-0.82%	39.61%	3.51%	7.88%
Pre Tax Income Margin	6.12%	58.89%	5.46%	6.71%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-
Dividend Payout Ratio	40.78%	1.89%	26.00%	10.73%
Augmented Payout Ratio	133.89%	1.89%	26.00%	420.56%

No quarterly metrics and ratios for Fidelis Insurance are available.

Frequently Asked Questions About Fidelis Insurance's Financials

When does Fidelis Insurance's fiscal year end?

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

How has Fidelis Insurance's net income changed over the last 3 years?

Fidelis Insurance's net income appears to be on an upward trend, with a most recent value of $113.30 million in 2024, rising from $78.30 million in 2021. The previous period was $2.13 billion in 2023. View Fidelis Insurance's forecast to see where analysts expect Fidelis Insurance to go next.

What is Fidelis Insurance's operating income?

Fidelis Insurance's total operating income in 2024 was -$21.90 million, based on the following breakdown:

Total Gross Profit: $2.23 billion
Total Operating Expenses: $2.25 billion

How has Fidelis Insurance revenue changed over the last 3 years?

Over the last 3 years, Fidelis Insurance's total revenue changed from $1.17 billion in 2021 to $2.23 billion in 2024, a change of 90.0%.

How much debt does Fidelis Insurance have?

Fidelis Insurance's total liabilities were at $9.32 billion at the end of 2024, a 22.9% increase from 2023, and a 47.3% increase since 2022.

How much cash does Fidelis Insurance have?

In the past 2 years, Fidelis Insurance's cash and equivalents has ranged from $712.40 million in 2023 to $1.22 billion in 2022, and is currently $743 million as of their latest financial filing in 2024.

How has Fidelis Insurance's book value per share changed over the last 3 years?

Over the last 3 years, Fidelis Insurance's book value per share changed from 0.00 in 2021 to 20.76 in 2024, a change of 2,076.4%.

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This page (NYSE:FIHL) was last updated on 5/24/2025 by MarketBeat.com Staff

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Fidelis Insurance (FIHL) Financials

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Fidelis Insurance (FIHL) Financials

Annual Income Statements for Fidelis Insurance

Quarterly Income Statements for Fidelis Insurance

Annual Cash Flow Statements for Fidelis Insurance

Quarterly Cash Flow Statements for Fidelis Insurance

Annual Balance Sheets for Fidelis Insurance

Quarterly Balance Sheets for Fidelis Insurance

Annual Metrics And Ratios for Fidelis Insurance

Quarterly Metrics And Ratios for Fidelis Insurance

Frequently Asked Questions About Fidelis Insurance's Financials

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