Ategrity Specialty Insurance Company Holdings

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

24.40USD+0.01 (+0.04%)

Price History

Full chart

Market Stats

Previous Close24.39

Open24.50

Day Range24.32 – 25.10

52-Week Range16.35 – 29.00

Volume42.63K

Market Cap1.27B

P/E (TTM)12.29

Forward P/E9.94

EPS2.16

Dividend Yield0.00%

50-Day Avg25.59

200-Day Avg21.62

About

Ategrity Specialty Insurance Company Holdings, through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States. The company offers property and casualty insurance solutions, including general liability, commercial property, management liability, miscellaneous PL, allied healthcare, and architects and engineers insurance products to the retail, real estate, hospitality, and construction sectors. It markets and distributes its products through brokerage and small business channels. The company was formerly known as Ategrity Specialty Holdings LLC and changed its name to Ategrity Specialty Insurance Company Holdings in June 2025. Ategrity Specialty Insurance Company Holdings was incorporated in 2017 and is based in New York, New York. Ategrity Specialty Insurance Company Holdings operates as a subsidiary of Zimmer Financial Services Group LLC.

Company Details

SectorFinancial Services
IndustryInsurance - Property & Casualty
CEOMr. Justin G. Cohen
Employees203
Headquarters9 West 57th Street, New York, NY, United States, 10019, USA
Websitehttps://ategrity.com

Leadership

Mr. Justin G. CohenCEO & Director · b. 1975
Mr. Chris SchenkPresident & Chief Underwriting Officer · b. 1982

Financials

Income Statement

Currency: USD	2023-12-31	2024-12-31	2025-12-31
Total Revenue	241.32M	343.83M	424.34M
Growth (%)	-	+42.48%	+23.41%
Cost of Revenue	200.31M	235.93M	212.15M
Gross Profit	41.01M	107.91M	212.19M
Gross Margin	16.99%	31.38%	50.01%
Operating Expense	28.39M	41.64M	116.28M
Operating Income	12.62M	66.26M	95.91M
Operating Margin	5.23%	19.27%	22.60%
EBITDA	15.09M	69.00M	97.86M
EBITDA Margin	6.25%	20.07%	23.06%
Net Income	10.05M	47.09M	74.00M
Net Income Margin	4.16%	13.70%	17.44%
Interest Expense	2.24M	2.04M	1.36M
Interest Expense % of Total Revenue	0.93%	0.59%	0.32%

Balance Sheet

Currency: USD	2023-12-31	2024-12-31	2025-12-31
Total Assets	882.04M	1.12B	1.47B
Total Liabilities	559.85M	724.63M	859.45M
Total Equity	321.70M	398.31M	614.31M
Cash	264.65M	26.57M	29.72M
Total Debt	-	1.99M	1.35M
Net Debt	-264.65M	-26.57M	-29.72M

Cash Flow

Currency: USD	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	85.71M	125.61M	125.61M	147.19M
Investing Cash Flow	14.51M	-363.27M	-363.27M	-274.15M
Financing Cash Flow	32.27M	-414.00K	-414.00K	130.11M
Capital Expenditure	0	0	0	6.47M
Free Cash Flow	85.71M	125.61M	125.61M	140.72M
Dividends Paid	2.73M	414.00K	414.00K	6.86M
FCF to OCF	100.00%	100.00%	100.00%	95.61%
Dividend Paid to FCF	3.18%	0.33%	0.33%	4.87%

Earnings

Report Date	Jun 3, 2025	Aug 11, 2025	Oct 22, 2025	Feb 20, 2026	Apr 29, 2026	Jul 29, 2026	Oct 28, 2026
EPS Estimate	0.00	0.32	0.32	0.39	0.41	0.62	0.50
EPS Actual	0.02	0.39	0.45	0.51	0.51	0.67	-
Surprise	-	21.88%	40.63%	32.12%	24.39%	8.06%	-
Timing	-	After-hours	After-hours	-	After-hours	After-hours	-

Key Statistics & Ratios

Market Cap1.27B

Enterprise Value1.24B

Trailing P/E12.29

Forward P/E9.94

Price / Sales2.46

Price / Book1.91

EPS2.16

Book Value13.86

Revenue (TTM)516.88M

Gross Profit (TTM)146.69M

EBITDA145.20M

Profit Margin20.67%

Operating Margin31.28%

Return on Equity18.60%

Return on Assets5.96%

Shares Outstanding47.93M

Shares Float8.91M

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Ownership Breakdown

Institutions: 11.67%
Insiders: 81.40%
Retail / Other: 6.93%

Top Institutional Holders

Nuveen, LLC
712.07K1.49%
T. Rowe Price Investment Management,Inc.
569.73K1.19%
BlackRock Inc
566.98K1.18%
Cannell Capital LLC
490.48K1.02%
Vanguard Capital Management, LLC
358.29K0.75%
T. Rowe Price Associates, Inc.
274.65K0.57%
Marshall Wace Asset Management Ltd
200.61K0.42%
Geode Capital Management, LLC
188.25K0.39%
State Of Wisconsin Investment Board
143.29K0.30%
State Street Corp
136.21K0.28%
Arrowstreet Capital Limited Partnership
131.78K0.28%
The Goldman Sachs Group Inc
131.58K0.27%
Two Sigma Investments LLC
128.74K0.27%
Jane Street Group LLC
102.86K0.21%

Top Fund Holders

CREF Total Global Stock Account R3
480.68K1.00%
T. Rowe Price Small-Cap Value
321.84K0.67%
Vanguard MStar Total Stk Mkt Idx Invest
305.97K0.64%
iShares Russell 2000 ETF
243.43K0.51%
T. Rowe Price Financial Services
192.47K0.40%
Nuveen Small Cap Value I
117.57K0.25%