AMERISAFE Income Statement

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

Millions USD. 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
Revenue	324.75	317.25	309.04	306.85	294.74	315.93
Revenue Growth (YoY)	7.83%	2.66%	0.71%	4.11%	-6.71%	-6.93%
Cost of Revenue	176.22	169.94	157.27	148.26	152.32	160.8
Gross Profit	148.53	147.32	151.78	158.59	142.42	155.14
Selling, General & Admin	109.18	85.98	80.13	78.31	72.03	72.05
Other Operating Expenses	3.09	2.48	2.59	2.9	2.74	3.64
Total Operating Expenses	112.26	88.46	82.72	81.21	74.78	75.69
Operating Income	36.27	58.85	69.06	77.38	67.65	79.45
Total Non-Operating Income (Expense)	8.25	6.75	8.93	7.81	-4.65	14.01
Pretax Income	57.79	58.85	69.06	77.38	67.65	79.45
Provision for Income Taxes	11.45	11.71	13.62	15.27	12.04	13.69
Net Income	46.34	47.15	55.44	62.11	55.6	65.76
Net Income to Common	46.34	47.15	55.44	62.11	55.6	65.76
Net Income Growth	-2.36%	-14.96%	-10.74%	11.70%	-15.44%	-24.07%
Shares Outstanding (Basic)	19	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19	19
Shares Change (YoY)	-0.66%	-0.41%	-0.34%	-0.50%	-0.45%	0.23%
EPS (Basic)	2.44	2.48	2.91	3.24	2.89	3.40
EPS (Diluted)	2.43	2.47	2.89	3.23	2.88	3.39
EPS Growth	-2.02%	-14.53%	-10.53%	12.15%	-15.04%	-24.16%
Shares Outstanding	18.7	18.79	19.05	19.14	19.16	19.36
Free Cash Flow	7.99	8.92	23.35	29.29	26.11	36.68
Free Cash Flow Growth	-10.42%	-61.79%	-20.28%	12.20%	-28.84%	-41.29%
Free Cash Flow Per Share	0.42	0.47	1.22	1.52	1.35	1.89
Dividends Per Share	1.580	1.560	1.480	1.360	1.240	1.160
Dividend Growth	1.28%	5.41%	8.82%	9.68%	6.90%	7.41%
Gross Margin	45.74%	46.43%	49.11%	51.68%	48.32%	49.10%
Operating Margin	11.17%	18.55%	22.35%	25.22%	22.95%	25.15%
Profit Margin	14.27%	14.86%	17.94%	20.24%	18.87%	20.81%
FCF Margin	2.46%	2.81%	7.56%	9.54%	8.86%	11.61%
EBITDA	36.97	59.59	70.15	78.8	68.96	80.47
EBITDA Margin	11.38%	18.78%	22.70%	25.68%	23.40%	25.47%
EBIT	36.27	58.85	69.06	77.38	67.65	79.45
EBIT Margin	11.17%	18.55%	22.35%	25.22%	22.95%	25.15%
Effective Tax Rate	19.81%	19.89%	19.72%	19.73%	17.80%	17.23%

SEC Filings: 10-K · 10-Q