YOLFTbeta
Assurant, Inc.

Assurant, Inc.

AIZ · NYSE · Financial Services / Insurance - Property & Casualty

322.11USD+1.02 (+0.32%)

Price History

Full chart

Market Stats

Previous Close321.09
Open323.66
Day Range320.49 – 323.67
52-Week Range203.08 – 303.00
Volume272.50K
Market Cap13.07B
P/E (TTM)12.68
Forward P/E10.93
EPS20.90
Dividend Yield1.34%
Beta0.54
50-Day Avg281.47
200-Day Avg249.28

About

Assurant, Inc. provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific. It operates through Global Lifestyle and Global Housing segments. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment protection, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and other products; and voluntary manufactured housing, and condominium and homeowners insurance products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in Atlanta, Georgia.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Property & Casualty
  • CEOMr. Keith Warner Demmings
  • Employees14.80K
  • Headquarters260 Interstate North Circle SE, Atlanta, GA, United States, 30339-2210, USA
  • Websitehttps://www.assurant.com

Leadership

  • Mr. Keith Warner DemmingsPresident, CEO & Director · b. 1973
  • Mr. Keith Roland MeierExecutive VP & CFO · b. 1970
  • Mr. Michael P. CampbellExecutive VP & COO · b. 1968
  • Mr. Robert A. LonerganExecutive VP, Chief Strategy & Transformation Officer · b. 1977
  • Mr. Biju NairExecutive VP & President of Global Connected Living · b. 1966
  • Mr. Vadim LipovetskyChief Investment Officer
  • Mr. Dimitry DiRienzoSenior VP, Chief Accounting Officer & Controller · b. 1977
  • Mr. Joseph A. Surber IIIChief Technology Officer
  • Mr. Sean MoshierVice President of Investor Relations
  • Mr. Jay E. RosenblumExecutive VP & Chief Legal Officer · b. 1967

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.21B6.19B6.53B7.08B7.41B7.50B8.07B8.45B8.60B8.70B8.53B8.25B8.49B9.03B10.38B10.31B7.11B6.31B8.00B9.53B9.61B10.19B10.19B11.13B11.88B12.81B
Growth (%)--0.40%+5.58%+8.33%+4.73%+1.17%+7.64%+4.74%+1.75%+1.15%-1.99%-3.23%+2.88%+6.38%+14.97%-0.68%-31.08%-11.21%+26.77%+19.11%+0.85%+6.00%+0.05%+9.21%+6.70%+7.89%
Cost of Revenue486.28M5.69B4.17B4.49B4.66B4.63B4.72B5.14B4.02B3.87B3.64B5.08B5.06B5.15B5.89B9.06B6.18B3.21B4.64B5.62B5.95B6.04B2.36B2.52B2.77B2.93B
Gross Profit6.21B6.19B2.37B2.58B2.75B2.87B3.35B3.31B4.58B4.83B4.89B3.17B3.43B3.89B4.49B10.31B7.11B3.10B3.36B3.91B3.66B4.15B7.83B8.61B9.11B9.89B
Gross Margin100.00%100.00%36.21%36.51%37.12%38.21%41.51%39.17%53.27%55.54%57.30%38.47%40.42%43.02%43.26%100.00%100.00%49.13%41.96%41.00%38.12%40.73%76.85%77.35%76.71%77.15%
Operating Expense5.99B6.07B1.99B2.32B2.21B2.21B2.25B2.30B4.02B4.12B4.28B2.47B2.67B3.10B3.75B10.06B6.20B2.66B3.02B3.45B3.09B3.38B7.48B7.80B8.18B8.80B
Operating Income218.91M112.05M370.40M259.36M535.93M655.61M1.10B1.01B563.28M709.61M606.44M706.13M757.75M789.70M744.14M256.30M906.21M444.50M333.50M454.70M578.10M771.30M349.90M806.80M927.30M1.09B
Operating Margin3.52%1.81%5.67%3.67%7.23%8.74%13.58%11.96%6.55%8.16%7.11%8.56%8.93%8.74%7.17%2.49%12.75%7.04%4.17%4.77%6.02%7.57%3.43%7.25%7.81%8.49%
EBITDA218.91M112.05M417.26M308.65M595.47M800.03M1.25B1.13B686.43M861.61M783.29M895.88M942.44M992.28M934.75M6.79B3.83B609.70M560.70M690.80M824.90M1.05B640.20M1.11B1.26B1.45B
EBITDA Margin3.52%1.81%6.39%4.36%8.04%10.67%15.49%13.41%7.98%9.90%9.19%10.86%11.10%10.99%9.00%65.89%53.86%9.66%7.01%7.25%8.58%10.35%6.28%9.98%10.59%11.29%
Net Income89.68M98.05M-1.00B185.65M350.56M479.36M717.42M653.75M447.80M430.57M279.18M538.96M483.70M488.91M470.91M141.56M565.35M519.60M251.00M382.60M440.80M1.36B276.60M642.50M760.20M872.70M
Net Income Margin1.44%1.58%-15.33%2.62%4.73%6.39%8.89%7.73%5.21%4.95%3.27%6.53%5.70%5.41%4.54%1.37%7.95%8.23%3.14%4.01%4.59%13.37%2.71%5.77%6.40%6.81%
R&D---------00000000---------
R&D as % of Total Revenue---------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%---------
Interest Expense24.73M14.00M01.18M56.42M61.26M61.24M61.18M60.95M60.67M60.65M60.36M60.31M77.73M58.40M55.12M57.62M49.50M100.30M110.60M104.50M111.80M108.30M108.00M107.00M109.70M
Interest Expense % of Total Revenue0.40%0.23%0.00%0.02%0.76%0.82%0.76%0.72%0.71%0.70%0.71%0.73%0.71%0.86%0.56%0.53%0.81%0.78%1.25%1.16%1.09%1.10%1.06%0.97%0.90%0.86%

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets24.39B24.43B22.63B23.73B24.50B25.37B25.17B26.75B24.51B25.84B26.40B27.12B28.95B29.71B31.56B30.08B29.71B31.84B41.09B44.29B44.65B33.91B33.12B33.64B35.02B36.29B
Total Liabilities21.02B20.98B20.08B20.88B20.84B21.64B21.31B22.64B20.81B20.99B21.62B22.09B23.76B24.88B26.38B25.55B25.61B27.56B35.96B38.61B38.70B28.42B28.90B28.83B29.91B30.42B
Total Equity3.37B3.45B2.56B2.63B3.64B3.70B3.83B4.09B3.71B4.85B4.78B5.03B5.19B4.83B5.18B4.52B4.10B4.28B5.13B5.68B5.95B5.49B4.23B4.81B5.11B5.87B
Cash-559.30M610.69M958.20M807.08M855.57M987.67M804.96M1.04B1.32B1.15B1.17B909.40M1.72B1.32B1.29B1.03B996.80M1.25B1.87B2.23B2.04B1.54B1.63B1.81B1.83B
Total Debt---1.75B1.51B971.69M971.77M1.51B971.96M972.06M1.51B972.28M972.40M1.64B2.51B2.43B2.25B1.60B2.28B2.43B2.66B4.40B2.35B2.08B2.08B2.21B
Net Debt---791.80M164.53M116.12M350.06M166.90M-68.73M-346.49M-178.35M-194.44M62.99M-79.07M-147.58M-116.92M35.05M71.40M752.00M139.80M24.30M161.70M593.20M453.00M275.40M372.80M

Cash Flow

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow536.16M364.96M741.23M834.16M1.02B923.00M1.20B999.13M269.93M540.74M855.30M679.70M1.03B393.82M254.57M134.53M530.40M656.70M1.41B1.34B781.70M596.90M1.14B1.33B1.83B
Investing Cash Flow--379.43M-711.23M-643.73M-668.02M-84.51M-1.21B-329.00M141.47M-8.88M-196.59M-449.88M-392.74M63.89M264.29M725.62M-541.20M-2.20B-619.80M-735.20M157.60M-262.10M-637.70M-657.80M-1.46B
Financing Cash Flow--43.43M317.50M-341.56M-303.64M-717.54M-186.58M-412.13M-142.56M-699.47M-636.85M-480.64M196.70M-776.20M-487.13M-1.11B-26.70M1.84B-179.20M-264.80M-1.09B-818.40M-403.90M-477.50M-364.20M
Capital Expenditure47.78M74.67M81.75M58.41M55.20M74.71M58.68M56.07M55.88M51.21M35.75M56.46M52.33M83.60M114.90M85.23M62.10M82.80M110.30M121.20M187.40M186.30M202.50M221.30M235.50M
Free Cash Flow-290.30M659.48M775.76M964.95M848.29M1.14B943.07M214.04M489.53M819.56M623.24M975.24M310.21M139.68M49.29M468.30M573.90M1.30B1.22B594.30M410.60M935.60M1.11B1.60B
Dividends Paid109.30M41.88M181.19M29.68M42.05M48.16M55.04M63.67M69.60M69.62M67.39M69.39M74.13M77.50M94.17M125.35M119.00M148.00M170.00M173.30M162.30M150.20M152.30M155.90M168.40M
FCF to OCF-79.54%88.97%93.00%94.59%91.91%95.12%94.39%79.30%90.53%95.82%91.69%94.91%78.77%54.87%36.64%88.29%87.39%92.20%90.97%76.03%68.79%82.21%83.39%87.16%
Dividend Paid to FCF-14.43%27.47%3.83%4.36%5.68%4.81%6.75%32.52%14.22%8.22%11.13%7.60%24.98%67.42%254.29%25.41%25.79%13.05%14.20%27.31%36.58%16.28%14.03%10.54%

Earnings

Report DateMar 11, 2004May 12, 2004Aug 5, 2004Nov 4, 2004Feb 15, 2005May 4, 2005Aug 4, 2005Nov 3, 2005Feb 9, 2006May 4, 2006Aug 3, 2006Nov 1, 2006Feb 7, 2007May 2, 2007Aug 2, 2007Nov 1, 2007Feb 7, 2008May 1, 2008Jul 31, 2008Oct 30, 2008Feb 4, 2009Apr 29, 2009Jul 29, 2009Oct 28, 2009Feb 3, 2010Apr 28, 2010Jul 28, 2010Oct 27, 2010Feb 2, 2011Apr 27, 2011Jul 27, 2011Oct 26, 2011Feb 1, 2012Apr 25, 2012Jul 25, 2012Oct 24, 2012Feb 6, 2013Apr 24, 2013Jul 24, 2013Oct 23, 2013Feb 5, 2014Apr 23, 2014Jul 23, 2014Oct 29, 2014Feb 12, 2015May 5, 2015Jul 28, 2015Oct 27, 2015Feb 9, 2016Apr 26, 2016Jul 26, 2016Oct 25, 2016Feb 7, 2017May 2, 2017Aug 1, 2017Nov 2, 2017Feb 8, 2018May 3, 2018Aug 7, 2018Nov 6, 2018Feb 12, 2019May 6, 2019Aug 6, 2019Nov 5, 2019Feb 11, 2020May 5, 2020Aug 4, 2020Nov 2, 2020Feb 9, 2021May 4, 2021Aug 3, 2021Nov 2, 2021Feb 8, 2022May 3, 2022Aug 2, 2022Nov 1, 2022Feb 7, 2023May 2, 2023Aug 3, 2023Oct 31, 2023Feb 6, 2024May 7, 2024Aug 6, 2024Nov 5, 2024Feb 11, 2025May 6, 2025Aug 5, 2025Nov 4, 2025Feb 10, 2026May 5, 2026Aug 4, 2026Nov 3, 2026
EPS Estimate-0.570.620.430.690.720.780.680.850.941.031.011.121.201.261.291.291.511.630.871.531.431.190.931.001.051.161.170.991.230.920.791.361.431.381.43-0.281.541.431.491.431.551.541.611.660.631.601.571.551.211.350.980.531.531.60-1.791.571.891.751.010.422.152.121.662.352.432.120.992.081.942.471.552.312.803.221.002.702.322.752.593.713.923.612.644.132.784.454.285.505.335.164.57
EPS Actual-0.550.620.690.520.700.820.900.921.071.241.151.201.081.421.371.631.291.801.550.701.311.170.841.071.161.321.351.271.081.370.760.791.651.761.811.550.071.351.531.711.421.681.621.820.870.632.071.710.971.521.421.000.461.871.63-1.401.842.002.131.060.772.212.341.692.252.642.751.411.822.472.991.412.473.752.951.013.232.753.894.294.584.784.083.004.793.395.105.735.615.956.41-
Surprise-8.77%11.29%20.93%1.45%13.89%15.38%35.29%25.88%31.91%11.65%18.81%-3.57%18.33%8.73%26.36%0.00%19.21%-4.91%-19.54%-14.38%-18.18%-29.41%15.05%16.00%25.71%16.38%8.55%9.09%11.38%-17.39%0.00%21.32%23.08%31.16%8.39%125.00%-12.34%6.99%14.77%-0.70%8.39%5.19%13.04%-47.59%0.00%29.38%8.92%-37.42%25.62%5.19%2.04%-13.21%22.22%1.88%21.79%17.20%5.82%21.71%4.95%83.33%2.79%10.38%1.81%-4.26%8.64%29.72%42.42%-12.50%27.32%21.05%-9.03%6.93%33.93%-8.39%1.00%19.63%18.53%41.45%65.64%23.45%21.94%13.02%13.64%15.98%21.94%14.61%33.88%2.00%11.63%24.22%-
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Key Statistics & Ratios

Market Cap13.07B
Enterprise Value13.68B
Trailing P/E12.68
Forward P/E10.93
PEG Ratio2.16
Price / Sales0.97
Price / Book2.30
EPS20.90
Book Value123.48
Revenue (TTM)13.46B
Gross Profit (TTM)1.79B
EBITDA1.74B
Profit Margin7.90%
Operating Margin11.73%
Return on Equity18.34%
Return on Assets2.56%
Shares Outstanding49.32M
Shares Float48.96M
Beta0.54
Dividend Yield1.34%
Dividend Rate3.52
Payout Ratio14.85%

Analyst Ratings

Buy
Based on 6 analystsTarget 330.00
  • Strong Buy
    3
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
99.82%
Insiders
0.70%
Retail / Other
0.00%

Top Institutional Holders

  • Bank of New York Mellon Corp
    4.82M9.77%
  • BlackRock Inc
    3.95M8.00%
  • T. Rowe Price Investment Management,Inc.
    3.27M6.63%
  • Vanguard Capital Management, LLC
    3.24M6.58%
  • Vanguard Portfolio Management, LLC
    3.01M6.10%
  • State Street Corp
    2.53M5.13%
  • Geode Capital Management, LLC
    1.41M2.85%
  • Amvescap Plc.
    1.23M2.49%
  • Dimensional Fund Advisors, Inc.
    1.20M2.43%
  • T. Rowe Price Associates, Inc.
    1.15M2.32%
  • Massachusetts Financial Services Company
    922.42K1.87%
  • VOYA INVESTMENT MANAGEMENT LLC
    834.12K1.69%
  • FMR Inc
    750.36K1.52%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.57M3.19%
  • Vanguard 500 Index Investor
    1.32M2.67%
  • BNY Mellon Dynamic Value Fund A
    1.19M2.40%
  • T. Rowe Price Mid-Cap Growth
    1.16M2.35%
  • Vanguard Small Cap Index
    1.14M2.31%
  • FullerThaler Behavioral Sm-Cp Eq R6
    852.63K1.73%
  • Invesco S&P 500® Equal Weight ETF
    734.29K1.49%

Dividends

20263×
0.88Aug 31, 20260.88Jun 8, 20260.88Feb 17, 2026
20254×
0.88Dec 1, 20250.80Sep 2, 20250.80Jun 9, 20250.80Feb 3, 2025
20244×
0.80Dec 9, 20240.72Sep 3, 20240.72Jun 10, 20240.72Feb 2, 2024
20234×
0.72Nov 24, 20230.70Aug 25, 20230.70May 26, 20230.70Feb 24, 2023
20224×
0.70Nov 25, 20220.68Aug 26, 20220.68May 27, 20220.68Feb 25, 2022
20214×
0.68Nov 26, 20210.66Aug 27, 20210.66May 28, 20210.66Feb 19, 2021
20201×
0.66Nov 27, 2020