Guardian Holdings Balance Sheet

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

Millions TTD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Investments in Debt Securities	-	6,793	5,331	5,438	5,553	-
Investments in Equity & Preferred Securities	356.08	357.16	326.2	308.78	313.1	299.49
Policy Loans	-	-	-	-	-	47.66
Other Investments	27,070	19,824	19,546	18,813	17,300	23,661
Total Investments	29,057	30,211	28,228	27,581	25,817	26,050
Cash & Equivalents	3,805	3,662	4,015	2,926	3,567	3,688
Reinsurance Recoverable	2,335	1,564	795.12	718.36	840.73	1,101
Other Receivables	3,508	2,479	1,940	1,645	1,671	1,525
Deferred Policy Acquisition Cost	-	-	-	-	-	130.99
Property, Plant & Equipment	762.2	763.09	681.37	767.85	798.63	762.3
Goodwill	-	410.49	411.45	552.97	547.63	530.53
Other Intangible Assets	782.48	349.6	199.18	133.41	120.81	278.31
Restricted Cash	-	34.36	31.51	29.68	41.74	96.34
Other Current Assets	111.79	117.22	411.55	167.42	96.12	258.58
Long-Term Deferred Tax Assets	136.61	110.56	145.17	141.16	116.69	76.93
Other Long-Term Assets	86.43	85.53	80.31	92.99	111.91	61.61
Total Assets	40,585	39,813	36,959	34,774	33,753	34,578
Accounts Payable	-	421.08	424.44	410.95	501.1	935.7
Accrued Expenses	-	318.26	270.44	237.68	268.76	-
Insurance & Annuity Liabilities	24,674	23,930	23,074	22,279	21,618	17,230
Unpaid Claims	-	-	-	-	-	1,229
Unearned Premiums	-	-	-	-	-	1,045
Reinsurance Payable	409.37	422.47	140.3	130.38	437.41	427.19
Current Portion of Long-Term Debt	-	469.9	298.52	216.12	278.4	211.31
Current Portion of Leases	-	12.75	14.41	18.01	14.73	22.39
Short-Term Debt	-	-	-	5.48	-	10.31
Current Income Taxes Payable	143.38	148.6	247.66	186.48	274	275.52
Long-Term Debt	3,487	2,958	3,363	3,048	3,027	3,300
Long-Term Leases	40.85	30.88	35.54	50	39.56	73.86
Long-Term Deferred Tax Liabilities	320.57	312.53	330.53	277.92	236.09	252.34
Other Current Liabilities	1,620	1,646	1,627	1,686	1,564	1,825
Other Long-Term Liabilities	3,307	2,535	2,377	2,301	2,392	2,576
Total Liabilities	34,154	33,384	32,372	30,997	30,814	29,594
Common Stock	1,968	1,970	1,970	1,970	1,970	1,970
Retained Earnings	3,885	3,870	2,992	2,340	1,815	3,826
Comprehensive Income & Other	559.07	570.3	-388.3	-544.86	-857.04	-821.98
Total Common Equity	6,412	6,410	4,574	3,765	2,928	4,974
Minority Interest	18.81	19.27	13.24	11.93	11.16	9
Shareholders' Equity	6,431	6,429	4,587	3,777	2,939	4,983
Total Liabilities & Equity	40,585	39,813	36,959	34,774	33,753	34,578
Filing Date Shares Outstanding	233.64	231.99	232.02	232.02	232.02	232.02
Total Common Shares Outstanding	233.64	231.99	232.02	232.02	232.02	232.02
Total Debt	3,528	3,471	3,711	3,338	3,360	3,618
Net Cash (Debt)	277.15	191.05	304.23	-411.71	207.81	70.29
Net Cash Growth	-	-37.20%	-	-	195.66%	-79.34%
Net Cash Per Share	1.19	0.82	1.31	-1.77	0.90	0.30
Book Value Per Share	27.44	27.63	19.71	16.23	12.62	21.44
Tangible Book Value	5,630	5,650	3,963	3,078	2,259	4,166
Tangible Book Value Per Share	24.10	24.35	17.08	13.27	9.74	17.95
Machinery	-	564.45	561.94	629.38	663.87	677.89
Construction In Progress	-	36.92	46.81	80.24	73.16	46.98

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