NYSE : AII
American Integrity Insurance Group, Inc. — Financial statements
Financials · Insurance - Property & Casualty · United States
Last price 28.71 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 562.53M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Premiums & Annuity Revenue | 298.26M | 242.92M | 182.06M | 180.26M |
| Total Interest & Dividend Income | 24.72M | 21.70M | 14.18M | 12.65M |
| Gain (Loss) on Sale of Investments | 119.00K | 569.00K | 119.00K | -22.00K |
| Other Revenue | 13.10M | 11.29M | 8.00M | 7.98M |
| Total Revenue | 336.20M | 276.49M | 204.35M | 200.87M |
| Policy Benefits | 120.86M | 98.03M | 90.83M | 86.75M |
| Policy Acquisition & Underwriting Costs | 45.45M | 21.45M | 31.53M | 35.26M |
| Selling, General & Administrative | 59.37M | 41.95M | 30.95M | 34.11M |
| Total Operating Expenses | 216.13M | 161.43M | 153.31M | 156.12M |
| Operating Income | 120.08M | 115.06M | 51.04M | 44.76M |
| Pretax Income | 121.73M | 115.06M | 51.04M | 44.76M |
| Income Tax Expense | 33.64M | 15.44M | 11.30M | 6.96M |
| Net Income | 88.09M | 99.62M | 39.74M | 37.80M |
| Preferred Dividends & Other Adjustments | 2.19M | 1.71M | 1.68M | |
| Net Income to Common | 88.09M | 97.43M | 38.03M | 36.12M |
| Shares Outstanding (Basic) | 19.45M | 17.24M | 12.90M | 122.90K |
| Shares Outstanding (Diluted) | 19.45M | 17.24M | 12.90M | 122.90K |
| EPS (Basic) | 4.53 | 5.65 | 2.95 | 293.86 |
| EPS (Diluted) | 4.53 | 5.65 | 2.95 | 293.86 |
| Free Cash Flow | 163.64M | 133.18M | 147.60M | 63.68M |
| Free Cash Flow Per Share | 8.41 | 7.73 | 11.44 | 518.16 |
| Dividend Per Share | 97.84 | 14.95 | ||
| Operating Margin | 35.72% | 41.61% | 24.98% | 22.28% |
| Profit Margin | 26.20% | 35.24% | 18.61% | 17.98% |
| Free Cash Flow Margin | 48.67% | 48.17% | 72.23% | 31.70% |
| EBITDA | 122.30M | 117.34M | 53.88M | 45.98M |
| EBITDA Margin | 36.38% | 42.44% | 26.37% | 22.89% |
| D&A For EBITDA | 2.22M | 2.28M | 2.84M | 1.22M |
| EBIT | 120.08M | 115.06M | 51.04M | 44.76M |
| EBIT Margin | 35.72% | 41.61% | 24.98% | 22.28% |
| Effective Tax Rate | 27.64% | 13.42% | 22.13% | 15.55% |
| Revenue as Reported | 336.20M | 276.49M | 204.35M | 200.87M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Investments in Debt Securities | 346.43M | 330.49M | 214.04M | 193.20M |
| Other Investments | 4.74M | 18.12M | 1.96M | |
| Total Investments | 351.17M | 348.61M | 214.04M | 195.16M |
| Cash & Equivalents | 288.45M | 203.90M | 173.22M | 61.65M |
| Reinsurance Recoverable | 247.92M | 269.06M | 462.10M | 325.29M |
| Other Receivables | 63.81M | 48.49M | 53.77M | 39.23M |
| Property, Plant & Equipment | 47.40M | 6.17M | 4.34M | 5.82M |
| Restricted Cash | 55.42M | 40.22M | 6.05M | 523.00K |
| Other Current Assets | 519.57M | 275.09M | 268.25M | 225.93M |
| Long-Term Deferred Tax Assets | 5.12M | 8.64M | ||
| Other Long-Term Assets | 11.01M | 24.90M | 16.37M | 8.44M |
| Total Assets | 1.61B | 1.23B | 1.20B | 862.03M |
| Insurance & Annuity Liabilities | 254.18M | 266.59M | 475.71M | 279.39M |
| Unearned Premiums | 576.98M | 493.31M | 428.44M | 344.50M |
| Reinsurance Payable | 341.61M | 78.53M | 56.35M | 61.06M |
| Current Portion of Long-Term Debt | 412.00K | 412.00K | 412.00K | |
| Current Portion of Leases | 326.00K | 447.00K | ||
| Current Income Taxes Payable | 2.68M | 11.87M | ||
| Long-Term Debt | 412.00K | 206.00K | 617.00K | 1.03M |
| Long-Term Leases | 32.74M | 11.00K | 2.61M | 4.64M |
| Long-Term Deferred Tax Liabilities | 1.12M | 3.23M | ||
| Other Current Liabilities | 3.09M | 1.69M | 1.20M | 319.00K |
| Other Long-Term Liabilities | 33.43M | 44.18M | 57.42M | 33.49M |
| Total Liabilities | 1.24B | 888.05M | 1.04B | 728.07M |
| Common Stock | 20.00K | 20.00K | 13.00K | 10.29M |
| Additional Paid-In Capital | 106.66M | 105.90M | 10.27M | |
| Retained Earnings | 263.26M | 229.18M | 152.43M | 124.71M |
| Comprehensive Income & Other | -420.00K | 1.93M | -327.00K | -1.03M |
| Shareholders' Equity | 369.52M | 337.02M | 162.39M | 133.97M |
| Total Liabilities & Equity | 1.61B | 1.23B | 1.20B | 862.03M |
| Filing Date Shares Outstanding | 19.59M | 19.58M | 122.90K | 122.90K |
| Total Common Shares Outstanding | 19.59M | 19.58M | 122.90K | 122.90K |
| Total Debt | 33.48M | 1.08M | 3.64M | 6.08M |
| Net Cash (Debt) | 254.98M | 202.83M | 169.58M | 55.56M |
| Net Cash Per Share | 13.11 | 11.77 | 13.14 | 452.10 |
| Book Value Per Share | 18.86 | 17.21 | 1,321.33 | 1,090.04 |
| Tangible Book Value | 369.52M | 337.02M | 162.39M | 133.97M |
| Tangible Book Value Per Share | 18.86 | 17.21 | 1,321.33 | 1,090.04 |
| Machinery | 10.92M | 6.45M | 7.61M | 6.30M |
| Leasehold Improvements | 218.00K | 218.00K | 218.00K | 218.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | 88.09M | 99.62M | 39.74M | 37.80M |
| Depreciation & Amortization | 2.22M | 2.28M | 2.84M | 1.22M |
| Gain (Loss) on Sale of Investments | -119.00K | -569.00K | -119.00K | 22.00K |
| Stock-Based Compensation | 1.06M | 10.61M | ||
| Change in Accounts Receivable | -479.00K | 6.56M | -14.82M | -7.94M |
| Reinsurance Recoverable | 144.66M | 193.04M | -136.81M | 394.23M |
| Change in Unearned Revenue | 68.00M | 59.68M | 88.08M | 50.10M |
| Change in Income Taxes | -4.35M | -9.19M | 12.64M | -3.10M |
| Change in Insurance Reserves / Liabilities | -124.61M | -209.12M | 196.32M | -283.32M |
| Change in Other Net Operating Assets | 46.90M | -7.34M | -64.07M | -126.05M |
| Other Operating Activities | 3.62M | -10.53M | -2.11M | 1.11M |
| Operating Cash Flow | 172.55M | 138.19M | 148.91M | 64.44M |
| Capital Expenditures | -8.91M | -5.02M | -1.31M | -756.00K |
| Investment in Securities | -76.09M | -130.06M | -18.06M | -1.08M |
| Investing Cash Flow | -85.00M | -135.08M | -19.37M | -1.84M |
| Total Debt Repaid | -411.00K | -411.00K | -412.00K | -515.00K |
| Net Debt Issued (Repaid) | -411.00K | -411.00K | -412.00K | -515.00K |
| Issuance of Common Stock | 93.00M | |||
| Repurchases of Common Stock | -120.00K | -3.75M | ||
| Common Dividends Paid | -19.97M | -22.88M | -12.02M | -1.84M |
| Other Financing Activities | -4.23M | |||
| Financing Cash Flow | -20.50M | 61.73M | -12.44M | -2.35M |
| Net Cash Flow | 67.05M | 64.85M | 117.10M | 60.24M |
| Free Cash Flow | 163.64M | 133.18M | 147.60M | 63.68M |
| Free Cash Flow Margin | 48.67% | 48.17% | 72.23% | 31.70% |
| Free Cash Flow Per Share | 8.41 | 7.73 | 11.44 | 518.16 |
| Levered Free Cash Flow | 276.91M | 297.32M | -71.82M | |
| Unlevered Free Cash Flow | 276.91M | 297.32M | -71.82M | |
| Cash Interest Paid | 28.00K | 27.00K | 65.00K | 114.00K |
| Cash Income Tax Paid | 34.35M | 35.34M | 1.00M | 8.94M |
| Change in Working Capital | 77.69M | 36.78M | 108.56M | 24.28M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 569.19M | 407.78M | ||
| Enterprise Value | 314.21M | 264.75M | ||
| PE Ratio | 6.41 | 4.18 | ||
| PS Ratio | 1.70 | 1.48 | ||
| PB Ratio | 1.55 | 1.21 | ||
| P/FCF Ratio | 3.50 | 3.06 | ||
| P/OCF Ratio | 3.32 | 2.95 | ||
| EV/Sales Ratio | 0.94 | 0.96 | ||
| EV/EBITDA Ratio | 2.59 | 2.26 | ||
| EV/EBIT Ratio | 2.64 | 2.30 | ||
| EV/FCF Ratio | 1.94 | 1.99 | ||
| Debt / Equity Ratio | 0.09 | 0.00 | 0.02 | 0.04 |
| Debt / EBITDA Ratio | 0.27 | 0.01 | 0.06 | 0.13 |
| Debt / FCF Ratio | 0.20 | 0.01 | 0.03 | 0.10 |
| Net Debt / Equity Ratio | -0.69 | -0.60 | -1.04 | -0.41 |
| Net Debt / EBITDA Ratio | -2.08 | -1.73 | -3.15 | -1.21 |
| Net Debt / FCF Ratio | -1.56 | -1.52 | -1.15 | -0.87 |
| Quick Ratio | 0.38 | 0.46 | 0.45 | 0.25 |
| Current Ratio | 1.28 | 1.48 | 1.93 | 1.61 |
| Asset Turnover | 0.21 | 0.23 | 0.20 | |
| Return on Equity (ROE) | 26.24% | 39.90% | 26.82% | |
| Return on Assets (ROA) | 4.69% | 5.93% | 3.10% | |
| Return on Invested Capital (ROIC) | 22.52% | 39.52% | 25.97% | 26.99% |
| Earnings Yield | 15.59% | 24.43% | ||
| FCF Yield | 28.60% | 32.66% | ||
| Payout Ratio | 22.52% | 22.96% | 30.25% | 4.86% |
| Buyback Yield / Dilution | -38.66% | -33.56% | -10,400.00% | |
| Total Shareholder Return | -35.14% | -33.56% | -10,400.00% |