NYSE: AIZ
Assurant
Financials · Insurance Carriers, NEC
52-week range
$207.78$303.94
Stock price
Market cap
At each fiscal year end, then the latest quarter end: closing price × shares outstanding.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.$13.2B
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| Period | Market cap |
|---|---|
| FY2016, ended Dec 31, 2016 | $5.17B |
| FY2017, ended Dec 31, 2017 | $5.29B |
| FY2018, ended Dec 31, 2018 | $5.52B |
| FY2019, ended Dec 31, 2019 | $7.84B |
| FY2020, ended Dec 31, 2020 | $7.89B |
| FY2021, ended Dec 31, 2021 | $8.60B |
| FY2022, ended Dec 31, 2022 | $6.62B |
| FY2023, ended Dec 31, 2023 | $8.76B |
| FY2024, ended Dec 31, 2024 | $10.8B |
| FY2025, ended Dec 31, 2025 | $12.0B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $13.2B |
Revenue
By fiscal year, then the trailing 12 months.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.$13.5B
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| Period | Revenue |
|---|---|
| FY2016, ended Dec 31, 2016 | $7.53B |
| FY2017, ended Dec 31, 2017 | $6.42B |
| FY2018, ended Dec 31, 2018 | $8.06B |
| FY2019, ended Dec 31, 2019 | $9.57B |
| FY2020, ended Dec 31, 2020 | $9.60B |
| FY2021, ended Dec 31, 2021 | $10.2B |
| FY2022, ended Dec 31, 2022 | $10.2B |
| FY2023, ended Dec 31, 2023 | $11.1B |
| FY2024, ended Dec 31, 2024 | $11.9B |
| FY2025, ended Dec 31, 2025 | $12.8B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $13.5B |
Net income and free cash flow
By fiscal year, then the trailing 12 months. Free cash flow is operating cash flow minus capex.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2016, ended Dec 31, 2016 | $565M | $23.4M |
| FY2017, ended Dec 31, 2017 | $520M | $468M |
| FY2018, ended Dec 31, 2018 | $251M | $574M |
| FY2019, ended Dec 31, 2019 | $383M | $1.30B |
| FY2020, ended Dec 31, 2020 | $441M | $1.22B |
| FY2021, ended Dec 31, 2021 | $1.36B | $594M |
| FY2022, ended Dec 31, 2022 | $277M | $411M |
| FY2023, ended Dec 31, 2023 | $643M | $936M |
| FY2024, ended Dec 31, 2024 | $760M | $1.11B |
| FY2025, ended Dec 31, 2025 | $873M | $1.60B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $1.06B | $1.66B |
Cash and cash equivalents
At each fiscal year end, then the latest quarter end.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.$1.70B
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| Period | Cash and cash equivalents |
|---|---|
| FY2016, ended Dec 31, 2016 | $1.03B |
| FY2017, ended Dec 31, 2017 | $997M |
| FY2018, ended Dec 31, 2018 | $1.25B |
| FY2019, ended Dec 31, 2019 | $1.87B |
| FY2020, ended Dec 31, 2020 | $2.21B |
| FY2021, ended Dec 31, 2021 | $2.04B |
| FY2022, ended Dec 31, 2022 | $1.54B |
| FY2023, ended Dec 31, 2023 | $1.63B |
| FY2024, ended Dec 31, 2024 | $1.81B |
| FY2025, ended Dec 31, 2025 | $1.83B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $1.70B |
Total debt
At each fiscal year end, then the latest quarter end. Short- and long-term borrowings, excluding leases.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.—
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| Period | Total debt |
|---|---|
| FY2016, ended Dec 31, 2016 | — |
| FY2017, ended Dec 31, 2017 | $1.07B |
| FY2018, ended Dec 31, 2018 | $2.01B |
| FY2019, ended Dec 31, 2019 | $2.01B |
| FY2020, ended Dec 31, 2020 | — |
| FY2021, ended Dec 31, 2021 | — |
| FY2022, ended Dec 31, 2022 | — |
| FY2023, ended Dec 31, 2023 | — |
| FY2024, ended Dec 31, 2024 | — |
| FY2025, ended Dec 31, 2025 | — |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | — |
Shares outstanding
At each fiscal year end, then the latest quarter end, adjusted for splits. Down 11.3% since 2016.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.49.3M
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| Period | Shares outstanding |
|---|---|
| FY2016, ended Dec 31, 2016 | 55.6M |
| FY2017, ended Dec 31, 2017 | 52.5M |
| FY2018, ended Dec 31, 2018 | 61.7M |
| FY2019, ended Dec 31, 2019 | 59.8M |
| FY2020, ended Dec 31, 2020 | 57.9M |
| FY2021, ended Dec 31, 2021 | 55.2M |
| FY2022, ended Dec 31, 2022 | 52.9M |
| FY2023, ended Dec 31, 2023 | 52.0M |
| FY2024, ended Dec 31, 2024 | 50.8M |
| FY2025, ended Dec 31, 2025 | 49.7M |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | 49.3M |
Buybacks and new shares
By fiscal year, then the trailing 12 months, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.Net: $286M more bought back than issued
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| Period | Bought back | Paid to employees |
|---|---|---|
| FY2016, ended Dec 31, 2016 | $863M | $41.6M |
| FY2017, ended Dec 31, 2017 | $389M | $35.5M |
| FY2018, ended Dec 31, 2018 | $139M | $57.1M |
| FY2019, ended Dec 31, 2019 | $272M | $55.9M |
| FY2020, ended Dec 31, 2020 | $297M | $57.9M |
| FY2021, ended Dec 31, 2021 | $839M | $66.7M |
| FY2022, ended Dec 31, 2022 | $573M | $62.6M |
| FY2023, ended Dec 31, 2023 | $193M | $75.1M |
| FY2024, ended Dec 31, 2024 | $307M | $81.1M |
| FY2025, ended Dec 31, 2025 | $304M | $85.7M |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $378M | $91.6M |
Revenue (TTM)
$13.5B
+9.4% YoY
Net income (TTM)
$1.06B
+48.3% YoY
Cash
$1.70B
+14.3% YoY
Total debt
—
—
Valuation
At current price- Market Cap
- $14.4B
- P/E
- 13.6×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 1.1×
- Price / Book
- 2.4×
- EV / EBITDA
- —. (Market cap + debt − cash) / EBITDA (TTM)
Growth
Trailing 12 months- Revenue (TTM)
- $13.5B
- Revenue Growth YoY
- 9.4%
- Revenue CAGR 3Y
- 7.9%
- Revenue CAGR 5Y
- 6.0%
- EPS Growth YoY
- 51.5%
- Net Income Growth YoY
- 48.3%
Profitability
Trailing 12 months- Gross Margin
- —
- Operating Margin
- —
- Net Margin
- 7.9%
- FCF Margin
- 12.3%
- Return on Equity
- 18.3%
Earnings
Trailing 12 months- Net Income
- $1.06B
- EPS (diluted)
- $20.89
- EBITDA
- $1.71B
- Operating Income
- —
Balance Sheet
As of Jun 30, 2026- Cash and cash equivalents
- $1.70B
- Total Debt
- —. Short- and long-term borrowings, excluding leases
- Net Cash
- —. Cash − total debt
- Total Assets
- $36.1B
- Total Liabilities
- $30.0B
- Shareholders' Equity
- $6.10B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $1.87B
- Capital Expenditure
- $215M
- Free Cash Flow
- $1.66B
Dividends and risk
Last 12 months- Dividend Yield
- 1.2%
- Dividend / Share
- $3.52
- Beta (5Y)
- 0.53
Every ratio is calculated from the company’s reported figures.
Strength
Revenue is up 9.4% year over year, at $13.5B.
Note
Net margin of 7.9% over the last 12 months.
Note
Free cash flow of $1.66B, 12.3% of revenue.
Strength
Share count is down 2.3% in a year, from buybacks.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-K for the fiscal year ended Dec 31, 2025 · filed Feb 19, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2024 · 10-K52Some concerns
52Some concerns
10-K for the fiscal year ended Dec 31, 2024
Filed Feb 20, 2025 · Read the filing on EDGAR
- Net income rose 18% to $760.2 million and total revenue rose about 7% to $11.88 billion.
- Global Housing drove the gain, with profit up 17% despite $134.2 million more catastrophe losses; Global Lifestyle, most of revenue, saw profit slip 2%.
- January 2025 California wildfires are expected to cost about $150 million or slightly more, the amount Assurant pays before reinsurance applies.
- Operating cash flow rose to $1.33 billion, and the quarterly dividend rose 11% to $0.80 per share.
Business momentum
Mixed
“Global Lifestyle Adjusted EBITDA decreased $18.9 million, or 2%, to $773.4 million for Twelve Months 2024 from $792.3 million for Twelve Months 2023”
Outlook
Cautious
“our current view is that reportable catastrophes from the California Wildfires are expected to approach or slightly exceed our catastrophe reinsurance program per event retention of $150 million”
Financial stress
Low
“Management believes that we will have sufficient liquidity to satisfy our needs over the next twelve months, including the ability to pay interest on our debt and dividends on our common stock.”
Tone against the previous report
About the same
Red flags
- Medium
Other
“our current view is that reportable catastrophes from the California Wildfires are expected to approach or slightly exceed our catastrophe reinsurance program per event retention of $150 million”
Positives
Net income grew 18%
“Consolidated net income increased $117.7 million, or 18%, to $760.2 million for Twelve Months 2024 from $642.5 million for Twelve Months 2023”
Global Housing profit rose 17%
“Global Housing Adjusted EBITDA increased $97.0 million, or 17%, to $671.2 million for Twelve Months 2024 from $574.2 million for Twelve Months 2023”
Operating cash flow increased to $1.33 billion
“Net cash provided by operating activities was $1.33 billion and $1.14 billion for Twelve Months 2024 and Twelve Months 2023, respectively.”
Concerns
Car-related claims and mobile weakness hurt Global Lifestyle, the largest segment
“primarily due to elevated claims costs in Global Automotive, mainly from higher losses in select ancillary products, and from higher labor and parts costs due to inflation”
Catastrophe losses more than doubled in Global Housing
“Impact of reportable catastrophes $ 245.2 $ 111.0”
Global Housing's profit gain relied partly on larger releases of past claim reserves, which may not repeat
“Twelve Months 2024 included $106.7 million of favorable non-catastrophe prior year reserve development compared to $54.1 million in Twelve Months 2023.”
New risks since the previous report
New or higher tariffs could raise claims costs and disrupt supply chains
“there is uncertainty concerning potential and recent actions by the incoming U.S. administration, including increased or new tariffs that could increase the cost of claims, disrupt supply chains, and impact inflation”
January 2025 California wildfire losses, with an estimate that may change
“There is inherent variability in our estimates of early loss projections and claims severity, and therefore the estimate may change as additional information emerges.”
Changing artificial intelligence rules could add costs and limit its use
“There is also significant uncertainty in the evolving regulatory regime relating to artificial intelligence, which may require substantial resources to modify and maintain business practices to comply with U.S. and non-U.S. laws.”
Biggest risks named
- Catastrophe and inflation-driven claims exceeding expectations
- Loss of or worse terms from a few significant clients
- Claims exceeding reserves
- Falling value or availability of mobile devices, including from trade tensions
- Higher cost or lower availability of reinsurance
Artificial intelligence in this business: Mentioned
How the score adds up
| Starting point | 60 | |
| Business momentum | −3 | |
| Outlook | −2 | |
| Tone against the previous report | 0 | |
| Financial stress | 0 | |
| Red flags | −1.8 | |
| New risks | −1.5 | |
| Score | 52 | |
Written by AI (Claude Opus 5.5) from the report’s text. 13 of 13 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-K | Feb 19, 2026 | Pro | |||
| 10-K | Feb 20, 2025 | 52 | Mixed | 1 medium | |
| 10-K | Feb 15, 2024 | 57 | Mixed | None | |
| 10-K | Feb 17, 2023 | 31 | Sharp deterioration | 1 medium1 minor | |
| 10-K | Feb 22, 2022 | 70 | Strong improvement | None | |
| 10-K | Feb 19, 2021 | 59 | Improving | 1 medium | |
| 10-K | Feb 19, 2020 | 68 | Strong improvement | 1 medium1 minor | |
| 10-K | Feb 22, 2019 | 41 | Sharp deterioration | 2 minor | |
| 10-K | Feb 14, 2018 | 54 | Weakening | 1 minor | |
| 10-K | Feb 14, 2017 | 54 | Mixed | 1 medium |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-Q for Q2 FY2026 (period ended Jun 30, 2026), filed Aug 6, 2026. View filings on SEC EDGAR