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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	271.08	270.64	267.13	271.7	275.99	304.43
Total Interest & Dividend Income	28.5	29.21	31.34	27.22	25.44	29.36
Gain (Loss) on Sale of Investments	1.29	9	7.86	-4.7	14.09	5.36
Other Revenue	0.35	0.26	0.58	0.47	0.5	0.35
Total Revenue	301.22	309.11	306.91	294.69	316.01	339.5
Revenue Growth (YoY)	-2.51%	0.72%	4.15%	-6.75%	-6.92%	-8.33%
Policy Benefits	159.65	159.92	151.22	155.02	164.51	160.68
Policy Acquisition & Underwriting Costs	49.45	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	241.68	240.05	229.53	227.05	236.56	232.59
Operating Income	59.53	69.06	77.38	67.65	79.45	106.92
EBT Excluding Unusual Items	59.53	69.06	77.38	67.65	79.45	106.92
Pretax Income	59.53	69.06	77.38	67.65	79.45	106.92
Income Tax Expense	12.07	13.62	15.27	12.04	13.69	20.32
Net Income	47.46	55.44	62.11	55.6	65.76	86.6
Net Income to Common	47.46	55.44	62.11	55.6	65.76	86.6
Net Income Growth	-23.07%	-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)	-0.39%	-0.34%	-0.50%	-0.45%	0.23%	0.18%
EPS (Basic)	2.49	2.91	3.24	2.89	3.40	4.49
EPS (Diluted)	2.48	2.89	3.23	2.88	3.39	4.47
EPS Growth	-22.76%	-10.53%	12.15%	-15.04%	-24.16%	-6.88%
Free Cash Flow	14.8	23.35	29.29	26.11	36.68	62.48
Free Cash Flow Per Share	0.77	1.22	1.52	1.35	1.89	3.23
Dividend Per Share	1.500	1.480	1.360	1.240	1.160	1.080
Dividend Growth	7.91%	8.82%	9.68%	6.90%	7.41%	8.00%
Operating Margin	19.76%	22.34%	25.21%	22.96%	25.14%	31.49%
Profit Margin	15.76%	17.93%	20.24%	18.87%	20.81%	25.51%
Free Cash Flow Margin	4.91%	7.55%	9.54%	8.86%	11.61%	18.40%
EBITDA	60.51	70.15	78.8	68.96	80.47	107.93
EBITDA Margin	20.09%	22.69%	25.68%	23.40%	25.46%	31.79%
D&A For EBITDA	0.98	1.09	1.43	1.31	1.02	1.01
EBIT	59.53	69.06	77.38	67.65	79.45	106.92
EBIT Margin	19.76%	22.34%	25.21%	22.96%	25.14%	31.49%
Effective Tax Rate	20.28%	19.72%	19.73%	17.80%	17.23%	19.00%
Revenue as Reported	301.15	309.04	306.85	294.74	315.93	339.48

Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q