AMERISAFE, Inc. (AMSF)

AMERISAFE Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	271.83	270.64	267.13	271.7	275.99	304.43
Total Interest & Dividend Income	27.74	29.21	31.34	27.22	25.44	29.36
Gain (Loss) on Sale of Investments	6.41	9	7.86	-4.7	14.09	5.36
Other Revenue	0.49	0.26	0.58	0.47	0.5	0.35
Total Revenue	306.47	309.11	306.91	294.69	316.01	339.5
Revenue Growth (YoY)	-0.86%	0.72%	4.15%	-6.75%	-6.92%	-8.33%
Policy Benefits	159.88	159.92	151.22	155.02	164.51	160.68
Policy Acquisition & Underwriting Costs	50.55	48.33	50.75	45.32	45.9	43.78
Selling, General & Administrative	0.3	0.3	0.2	0.2	0.2	0.2
Total Operating Expenses	243.23	240.05	229.53	227.05	236.56	232.59
Operating Income	63.24	69.06	77.38	67.65	79.45	106.92
EBT Excluding Unusual Items	63.24	69.06	77.38	67.65	79.45	106.92
Pretax Income	63.24	69.06	77.38	67.65	79.45	106.92
Income Tax Expense	12.82	13.62	15.27	12.04	13.69	20.32
Net Income	50.42	55.44	62.11	55.6	65.76	86.6
Net Income to Common	50.42	55.44	62.11	55.6	65.76	86.6
Net Income Growth	-11.63%	-10.74%	11.70%	-15.44%	-24.07%	-6.57%
Shares Outstanding (Basic)	19	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19	19
Shares Change (YoY)	-0.40%	-0.34%	-0.50%	-0.45%	0.23%	0.18%
EPS (Basic)	2.65	2.91	3.24	2.89	3.40	4.49
EPS (Diluted)	2.63	2.89	3.23	2.88	3.39	4.47
EPS Growth	-11.45%	-10.53%	12.15%	-15.04%	-24.16%	-6.88%
Free Cash Flow	7.92	23.35	29.29	26.11	36.68	62.48
Free Cash Flow Per Share	0.41	1.22	1.52	1.35	1.89	3.23
Dividend Per Share	1.520	1.480	1.360	1.240	1.160	1.080
Dividend Growth	7.04%	8.82%	9.68%	6.90%	7.41%	8.00%
Operating Margin	20.64%	22.34%	25.21%	22.96%	25.14%	31.49%
Profit Margin	16.45%	17.93%	20.24%	18.87%	20.81%	25.51%
Free Cash Flow Margin	2.58%	7.55%	9.54%	8.86%	11.61%	18.40%
EBITDA	64.19	70.15	78.8	68.96	80.47	107.93
EBITDA Margin	20.94%	22.69%	25.68%	23.40%	25.46%	31.79%
D&A For EBITDA	0.94	1.09	1.43	1.31	1.02	1.01
EBIT	63.24	69.06	77.38	67.65	79.45	106.92
EBIT Margin	20.64%	22.34%	25.21%	22.96%	25.14%	31.49%
Effective Tax Rate	20.27%	19.72%	19.73%	17.80%	17.23%	19.00%
Revenue as Reported	306.41	309.04	306.85	294.74	315.93	339.48

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q