Assurant, Inc. (AIZ)

Assurant Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	11,369	11,132	10,193	10,188	9,598	9,569
Revenue Growth (YoY)	9.81%	9.21%	0.05%	6.15%	0.30%	18.76%
Cost of Revenue	2,499	2,522	2,360	2,202	2,275	2,386
Gross Profit	8,870	8,610	7,833	7,986	7,322	7,183
Selling, General & Admin	7,809	7,695	7,366	7,082	6,640	6,424
Other Operating Expenses	0	0	7.8	0	0	163
Operating Expenses	7,809	7,695	7,374	7,082	6,640	6,587
Operating Income	1,060	914.7	459.1	903.8	682.6	596.7
Interest Expense / Income	107.8	108	108.3	111.8	104.5	110.6
Other Expense / Income	-	-0.1	0.9	-738.2	78.6	-44.8
Pretax Income	952.6	806.8	349.9	1,530	499.5	530.9
Income Tax	187.3	164.3	73.3	168.4	58.7	148.3
Net Income	765.3	642.5	276.6	1,362	440.8	382.6
Preferred Dividends	0	0	0	4.7	18.7	18.7
Net Income Common	765.3	642.5	276.6	1,357	422.1	363.9
Net Income Growth	217.29%	132.28%	-79.62%	221.51%	15.99%	53.67%
Shares Outstanding (Basic)	53	53	54	59	60	62
Shares Outstanding (Diluted)	53	54	55	60	63	62
Shares Change	-1.54%	-1.82%	-8.88%	-4.84%	1.39%	4.65%
EPS (Basic)	14.40	12.02	5.09	22.95	7.02	5.87
EPS (Diluted)	14.31	11.95	5.05	22.66	6.98	5.84
EPS Growth	219.42%	136.63%	-77.71%	224.64%	19.52%	46.73%
Free Cash Flow	756.1	935.6	410.6	594.3	1,221	1,303
Free Cash Flow Per Share	14.39	17.50	7.55	10.05	20.31	21.04
Dividend Per Share	2.840	2.820	2.740	2.660	2.550	2.430
Dividend Growth	2.90%	2.92%	3.01%	4.31%	4.94%	6.58%
Gross Margin	78.02%	77.35%	76.85%	78.39%	76.29%	75.07%
Operating Margin	9.33%	8.22%	4.50%	8.87%	7.11%	6.24%
Profit Margin	6.73%	5.77%	2.71%	13.32%	4.40%	3.80%
Free Cash Flow Margin	6.65%	8.40%	4.03%	5.83%	12.72%	13.62%
Effective Tax Rate	19.66%	20.36%	20.95%	11.01%	11.75%	27.93%
EBITDA	1,259	1,111	640.2	1,814	746.3	767
EBITDA Margin	11.08%	9.98%	6.28%	17.80%	7.78%	8.02%
Depreciation & Amortization	198.9	196.4	182	171.6	142.3	125.5
EBIT	1,060	914.8	458.2	1,642	604	641.5
EBIT Margin	9.33%	8.22%	4.50%	16.12%	6.29%	6.70%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).