AMERISAFE 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
Revenue	317.25	309.04	306.85	294.74	315.93
Revenue Growth (YoY)	2.66%	0.71%	4.11%	-6.71%	-6.93%
Cost of Revenue	169.94	157.27	148.26	152.32	160.8
Gross Profit	147.32	151.78	158.59	142.42	155.14
Selling, General & Admin	27.63	24.88	27.51	24.04	24.81
Other Operating Expenses	2.53	2.66	2.96	2.7	3.72
Total Operating Expenses	30.15	27.53	30.47	26.74	28.53
Operating Income	117.16	124.24	128.13	115.68	126.61
Interest Income	26.99	29.21	31.34	27.22	25.44
Other Non-Operating Income (Expense)	6.71	8.87	7.75	-4.61	13.93
Total Non-Operating Income (Expense)	33.7	38.08	39.09	22.62	39.37
Pretax Income	58.85	69.06	77.38	67.65	79.45
Provision for Income Taxes	11.71	13.62	15.27	12.04	13.69
Net Income	47.15	55.44	62.11	55.6	65.76
Net Income to Common	47.15	55.44	62.11	55.6	65.76
Net Income Growth	-14.96%	-10.74%	11.70%	-15.44%	-24.07%
Shares Outstanding (Basic)	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19
Shares Change (YoY)	-0.40%	-0.34%	-0.50%	-0.45%	0.23%
EPS (Basic)	2.48	2.91	3.24	2.89	3.40
EPS (Diluted)	2.47	2.89	3.23	2.88	3.39
EPS Growth	-14.53%	-10.53%	12.15%	-15.04%	-24.16%
Free Cash Flow	8.92	23.35	29.29	26.11	36.68
Free Cash Flow Growth	-61.79%	-20.28%	12.20%	-28.84%	-41.29%
Free Cash Flow Per Share	0.47	1.22	1.52	1.35	1.89
Dividends Per Share	1.560	1.480	1.360	1.240	1.160
Dividend Growth	5.41%	8.82%	9.68%	6.90%	7.41%
Gross Margin	46.43%	49.11%	51.68%	48.32%	49.10%
Operating Margin	36.93%	40.20%	41.75%	39.25%	40.07%
Profit Margin	14.86%	17.94%	20.24%	18.86%	20.81%
FCF Margin	2.81%	7.56%	9.54%	8.86%	11.61%
EBITDA	117.91	125.34	129.55	116.99	127.63
EBITDA Margin	37.16%	40.56%	42.22%	39.69%	40.40%
EBIT	117.16	124.24	128.13	115.68	126.61
EBIT Margin	36.93%	40.20%	41.75%	39.25%	40.07%
Effective Tax Rate	19.89%	19.72%	19.73%	17.80%	17.23%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

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