Assurant Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 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	8,363	7,797	7,445	7,119	6,886
Depreciation & Amortization	156.4	139.4	109.3	86.3	73.8
Other Operating Expenses	149.4	149.8	130.5	126.1	125.5
Total Operating Expenses	11,589	10,838	10,183	9,673	9,270
Operating Income	1,226	1,040	949	520	917.3
Interest Expense	-109.7	-107	-108	-108.3	-111.8
EBT Excluding Unusual Items	1,116	932.7	841	411.7	805.5
Merger & Restructuring Charges	-27.3	-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	7.7	7.7	7	-	4.7
Net Income to Common	865	752.5	635.5	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)	51	52	53	55	60
Shares Change (YoY)	-1.86%	-2.15%	-2.89%	-8.88%	-4.84%
EPS (Basic)	17.14	14.55	12.02	5.09	22.95
EPS (Diluted)	16.93	14.46	11.95	5.05	22.65
EPS Growth	17.08%	21.00%	136.63%	-77.70%	224.64%
Free Cash Flow	1,598	1,111	935.6	410.6	594.3
Free Cash Flow Per Share	31.29	21.35	17.59	7.50	9.88
Dividend Per Share	3.280	2.960	2.820	2.740	2.660
Dividend Growth	10.81%	4.96%	2.92%	3.01%	4.31%
Operating Margin	9.56%	8.75%	8.53%	5.10%	9.00%
Profit Margin	6.75%	6.34%	5.71%	2.71%	13.32%
Free Cash Flow Margin	12.47%	9.36%	8.40%	4.03%	5.83%
EBITDA	1,476	1,263	1,145	702	1,089
EBITDA Margin	11.52%	10.63%	10.29%	6.89%	10.69%
D&A For EBITDA	250	223.5	196.4	182	171.6
EBIT	1,226	1,040	949	520	917.3
EBIT Margin	9.56%	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.