Employers Holdings 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
Net Premiums Earned	759.8	761.9	749.5	721.9	675.2	574.4
Investment Income	112.9	116.7	107	106.5	89.8	72.7
Net Gains on Investments	-9.3	-20.4	24.1	22.7	-51.8	54.6
Total Other Revenues	0.4	0.5	0.1	-0.2	0.3	1.4
Revenue	863.7	858.7	880.7	850.9	713.5	703.1
Revenue Growth (YoY)	0.41%	-2.50%	3.50%	19.26%	1.48%	-1.17%
Insurance Benefits & Claims	590.2	581.8	456.2	405.7	391	315.2
Policy Amortization Costs	98.6	97.9	101.2	100	95.9	76.1
Other Operating Expenses	164.4	166.5	176.5	191	167.3	164.3
Operating Income	10.5	12.5	146.8	154.2	59.3	147.5
Interest Expense	-1.5	-0.5	-0.1	-5.8	-3.5	-0.5
Total Non-Operating Income (Expense)	-1.5	-0.5	-0.1	-5.8	-3.5	-0.5
Pretax Income	9	12	146.7	148.4	55.8	147
Provision for Income Taxes	0.8	1.2	28.1	30.3	7.4	27.7
Net Income	8.2	10.8	118.6	118.1	48.4	119.3
Net Income to Common	8.2	10.8	118.6	118.1	48.4	119.3
Net Income Growth	-92.05%	-90.89%	0.42%	144.01%	-59.43%	-0.42%
Shares Outstanding (Basic)	22	23	25	26	28	28
Shares Outstanding (Diluted)	22	24	25	27	28	29
Shares Change (YoY)	-10.84%	-6.62%	-5.01%	-4.18%	-3.22%	-5.31%
EPS (Basic)	0.35	0.46	4.73	4.48	1.76	4.22
EPS (Diluted)	0.33	0.46	4.71	4.45	1.75	4.17
EPS Growth	-91.99%	-90.23%	5.84%	154.29%	-58.03%	5.04%
Shares Outstanding	18.6	20.34	24.56	25.37	27.16	27.74
Free Cash Flow	29.7	42.5	71.5	47.2	97.2	7.2
Free Cash Flow Growth	-30.12%	-40.56%	51.48%	-51.44%	1250.00%	-73.82%
Free Cash Flow Per Share	1.33	1.81	2.84	1.78	3.51	0.25
Dividends Per Share	1.280	1.260	1.180	1.100	1.030	1.000
Dividend Growth	1.59%	6.78%	7.27%	6.80%	3.00%	-
Operating Margin	1.22%	1.46%	16.67%	18.12%	8.31%	20.98%
Profit Margin	0.95%	1.26%	13.47%	13.88%	6.78%	16.97%
FCF Margin	3.44%	4.95%	8.12%	5.55%	13.62%	1.02%
EBITDA	14.2	16.1	150.4	159	64.6	154.9
EBITDA Margin	1.64%	1.87%	17.08%	18.69%	9.05%	22.03%
EBIT	10.5	12.5	146.8	154.2	59.3	147.5
EBIT Margin	1.22%	1.46%	16.67%	18.12%	8.31%	20.98%
Effective Tax Rate	8.89%	10.00%	19.15%	20.42%	13.26%	18.84%

Updated May 1, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q