Assurant, Inc. (BIT:1AIZ)

Assurant Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	10,483	9,796	9,388	8,765	8,572
Total Interest & Dividend Income	527.3	518.9	489.1	364.1	314.4
Gain (Loss) on Sale of Investments	-71.8	-75.8	-68.7	-179.7	128.2
Other Revenue	1,876	1,639	1,323	1,243	1,173
Total Revenue	12,814	11,878	11,132	10,193	10,188
Revenue Growth (YoY)	7.89%	6.70%	9.21%	0.05%	6.15%
Policy Benefits	2,928	2,767	2,522	2,360	2,202
Policy Acquisition & Underwriting Costs	5,189	7,797	7,445	7,119	6,886
Depreciation & Amortization	-	139.4	109.3	86.3	73.8
Selling, General & Administrative	3,499	-	-	-	-
Other Operating Expenses	-	149.8	130.5	126.1	125.5
Total Operating Expenses	11,616	10,838	10,183	9,673	9,270
Operating Income	1,198	1,040	949	520	917.3
Interest Expense	-109.7	-107	-108	-108.3	-111.8
EBT Excluding Unusual Items	1,089	932.7	841	411.7	805.5
Merger & Restructuring Charges	-	-5.4	-34.3	-53.1	-11.8
Impairment of Goodwill	-	-	-	-7.8	-
Asset Writedown	-	-	-	-	-1.7
Other Unusual Items	-1.3	-	0.1	-0.9	-20.7
Pretax Income	1,087	927.3	806.8	349.9	771.3
Income Tax Expense	214.7	167.1	164.3	73.3	168.4
Earnings From Continuing Ops.	872.7	760.2	642.5	276.6	602.9
Earnings From Discontinued Ops.	-	-	-	-	758.9
Net Income to Company	872.7	760.2	642.5	276.6	1,362
Net Income	872.7	760.2	642.5	276.6	1,362
Preferred Dividends & Other Adjustments	-	-	-	-	4.7
Net Income to Common	872.7	760.2	642.5	276.6	1,357
Net Income Growth	14.80%	18.32%	132.28%	-79.69%	208.94%
Shares Outstanding (Basic)	50	52	53	54	59
Shares Outstanding (Diluted)	50	53	54	55	60
Shares Change (YoY)	-4.53%	-2.23%	-1.82%	-8.88%	-4.84%
EPS (Basic)	17.39	14.55	12.02	5.09	22.95
EPS (Diluted)	17.39	14.46	11.95	5.05	22.65
EPS Growth	20.23%	21.00%	136.63%	-77.70%	224.64%
Free Cash Flow	-	1,111	935.6	410.6	594.3
Free Cash Flow Per Share	-	21.14	17.40	7.50	9.88
Dividend Per Share	-	2.960	2.820	2.740	2.660
Dividend Growth	-	4.96%	2.92%	3.01%	4.31%
Operating Margin	9.35%	8.75%	8.53%	5.10%	9.00%
Profit Margin	6.81%	6.40%	5.77%	2.71%	13.32%
Free Cash Flow Margin	-	9.36%	8.40%	4.03%	5.83%
EBITDA	1,436	1,263	1,145	702	1,089
EBITDA Margin	11.20%	10.63%	10.29%	6.89%	10.69%
D&A For EBITDA	237.33	223.5	196.4	182	171.6
EBIT	1,198	1,040	949	520	917.3
EBIT Margin	9.35%	8.75%	8.53%	5.10%	9.00%
Effective Tax Rate	19.74%	18.02%	20.36%	20.95%	21.83%
Revenue as Reported	12,814	11,878	11,132	10,193	10,188

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.