AMERICAN COASTAL INSURANCE Corp financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data AMERICAN COASTAL INSURANCE Corp files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	487	654	724	825	847	229	222	264	297	335
Selling and marketing				1.43	1.21	0.89	0.69	29	41	90
General and administrative	43	81.8	66.1	66	72.1	31.4	43.7	37.6	44.8	40.5
Operating expenses	20.5	27.7	40.6	44.3
Operating income	6.9	0.76	-4.36	-32.7	-132	-10.5	-8.66	93.9	99.6	140
Interest expense	0.72	3.25	9.87	9.78	9.58	9.3	9.48	10.9	12	10.8
Other non-operating income	0.1	0.15	0.12	0.12	0.07	0.13	10.3	2.23	2.06	2.46
Pre-tax income	7	0.91	-4.24	-32.6	-132	-10.4	1.68	96.1	102	143
Income tax	1.31	-9.24	-4.63	-3.12	-36.6	-6.7	26.2	10.9	25.3	35.9
Income from continuing operations								85.2	76.3	107
Net income to minority interests	0	0	0.1	0.39	0.96	-1.95	-0.11	0
Net income	5.7	10.1	0.29	-29.9	-96.5	-57.9	-470	310	75.7	107
EBITDA	9.33	6.56	-0.13	-26.4	-126	-5.02	-4.05	95.4	104	144
EPS, basic	0.27	0.27	0.01	-0.70	-2.25	-1.35	-10.91	7.11	1.59	2.20
EPS, diluted	0.26	0.27	0.01	-0.70	-2.25	-1.35	-10.91	6.98	1.54	2.15
Shares, basic (weighted)	21.4	37.2	42.7	42.8	42.9	42.9	43.1	43.6	47.8	48.5
Shares, diluted (weighted)	21.6	37.4	42.8	42.8	42.9	42.9	43.1	44.4	49.4	49.8
Dividend per share	0.23	0.24							0.50	0.75

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	151	230	113	215	239	212	70.9	139	137	199
Property, plant and equipment	17.9	17.3	17.1	32.7	34.2	31.6	5.29	3.66	5.74	0.72
Lease right-of-use assets				0.34	2.17	1.69	1.28	0.56	3.21	2.96
Goodwill	14.3	73	73	73	73	73	69.6	59.5	59.5	59.5
Intangible assets	12.4	45.3	31.4	26.1	21.9	18.4	12.8	8.55	5.91	3.47
Total assets	1,000	2,060	2,321	2,467	2,849	2,699	2,837	1,062	1,216	1,073
Long-term debt	54.2	161	160	159	158	157	148	149	149	149
Total liabilities	758	1,523	1,781	1,943	2,431	2,367	3,020	894	980	755
Total debt	54.2	165	163	162	160	159	150	150	150	150
Paid-in capital	99.4	387	389	392	393	394	396	424	437	440
Retained earnings	142	141	141	100	-6.64	-74.9	-546	-237	-185	-115
Treasury stock	-0.43	-0.43	-0.43	-0.43	-0.43	-0.43	-0.43	-0.43	-0.43	-0.43
Other comprehensive income	0.82	9.22	-9.03	11.3	9.69	-6.53	-30.9	-17.1	-15.7	-7.24
Shareholders' equity	241	537	520	503	396	312	-182	169	236	318
Minority interests		0	20.1	20.7	21.8	19.6	0
Total equity	241	537	540	524	418	332	-182	169	236	318
Total liabilities and equity	1,000	2,060	2,321	2,467	2,849	2,699	2,837	1,062	1,216	1,073
Shares outstanding	21.6	42.8	43	43	43.1	43.4	43.3	46.8	48.2	48.8

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	5.7	10.1	0.39	-29.5	-95.5	-59.9	-470	310	75.7	107
Depreciation and amortization	2.42	5.81	4.22	6.31	6.44	5.53	4.61	1.5	4.85	3.8
Stock-based compensation	1.95	2.61	2.41	3.01	1.38	1.19	1.39	1.32	2.55	4.3
Change in payables	8.01	15.9	24.5	7.54	12.6	-14.9	-1.76	2.14	11.9	-10.9
Cash from operations	65.7	35.5	25.8	149	-10.5	-295	-173	-136	244	71
Capital expenditures	-3.15	-5.24	-4.07	-21.9	-10.8	-5.27	-3.05	-0.2	-0.02	-0.16
Acquisitions	-32.9	0	0
Purchases of investments		-168	-337	-254	-727	-199	-25.5	-37.8	-156	-87
Sales and maturities of investments		3.89	9.73	2.2
Cash from investing	-49.8	-7.34	-126	-34	36.6	251	237	-2.54	-179	0.62
Debt issued	35.2	150	0	0
Debt repaid	-1.38	-40.1	-1.52	-1.52	-1.23	-1.82	-4.44	0
Stock issued	0						0	26.8	11.6	0.77
Dividends paid	-4.97	-8.99	-10.3	-10.3	-10.3	-10.4	-2.59	0	-24.1	0
Cash from financing	49.9	97.4	7.73	-12.1	-11.7	-12.2	-25.4	26.8	-13.8	-1.08
Net change in cash	65.9	126	-92.2	103	14.4	-56.2	38.3	-112	50.5	70.6
Free cash flow	62.6	30.3	21.7	127	-21.3	-301	-176	-136	243	70.9
Interest paid	0.29	3.41	9.86	9.73	9.53	9.53	9.55	10.9	12.8	10.9
Income taxes paid	7.19	3.9	4.67	0.52	1.27		2.49

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2026; growth uses fiscal years. Valuation uses the share price of $10.27 on November 10, 2026.

Profitability

Metric	Value	How it is calculated
Operating margin	37.7%	Operating income / revenue.
EBITDA margin	38.1%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	37.5%	Pre-tax income / revenue.
Net margin	28.0%	Net income / revenue.
FCF margin	22.2%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	22.4%	Cash from operations / revenue.
Effective tax rate	25.4%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	24.5%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	7.8%	Net income / average total assets.
Return on invested capital (ROIC)	143.5%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue	1.6%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.2%	Capital expenditures / revenue.
D&A / revenue	0.4%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	13.1%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	14.8%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	-16.9%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	40.8%	Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y	37.9%	EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y	41.1%	Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y	39.6%	EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y	-70.8%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y	-70.9%	Free cash flow vs the same period a year earlier. Only from a positive base.
Dividend per share growth, 1y	50.0%	Dividend per share vs the same period a year earlier. Only from a positive base.
Book value growth, 1y	34.8%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 5y	-4.3%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-11.8%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-27.7%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-17.7%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.9%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	5.0%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	3.0%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	68.2%	Total liabilities / total assets.
Interest coverage	12.1x	Operating income / interest expense.
Goodwill and intangibles / assets	5.5%	(Goodwill + intangible assets) / total assets.
Tangible book value	$294.6M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.28x	Revenue / average total assets.
Fixed asset turnover	342x	Revenue / average property, plant and equipment.
FCF conversion	79.1%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	0.9%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$1.80	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$6.42	Revenue / diluted weighted shares.
FCF per share	$1.42	Free cash flow / diluted weighted shares.
Operating cash flow per share	$1.44	Cash from operations / diluted weighted shares.
Book value per share	$7.52	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$6.23	Tangible book value / shares outstanding.
Cash per share	$6.23	(Cash + short-term investments) / shares outstanding.
Payout ratio	42.0%	Dividends paid / net income, when net income is positive.
Dividends / FCF	53.1%	Dividends paid / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$485.5M	Share price x shares outstanding.
Enterprise value	$190.8M	Market cap + total debt - cash - short-term investments.
P/E	5.57x	Market cap / net income. Only when net income is positive.
P/S	1.56x	Market cap / revenue.
P/B	1.36x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.65x	Market cap / tangible book value, when positive.
P/FCF	7.04x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	6.98x	Market cap / cash from operations, when positive.
EV/Sales	0.61x	Enterprise value / revenue.
EV/EBIT	1.63x	Enterprise value / operating income, when both are positive.
EV/EBITDA	1.61x	Enterprise value / EBITDA, when both are positive.
EV/FCF	2.77x	Enterprise value / free cash flow, when both are positive.
FCF yield	14.2%	Free cash flow / market cap.
Earnings yield	17.9%	Net income / market cap (the inverse of P/E).
Dividend yield	7.5%	Dividends paid over the period / market cap.
Shareholder yield	7.5%	(Dividends paid + share buybacks) / market cap.

What was AMERICAN COASTAL INSURANCE Corp's revenue in fiscal 2025?

AMERICAN COASTAL INSURANCE Corp reported revenue of $335.4M for fiscal 2025, 13.1% higher than the year before.

Was AMERICAN COASTAL INSURANCE Corp profitable in fiscal 2025?

Yes. Net income was $106.8M, a net margin of 31.8%.

How much free cash flow did AMERICAN COASTAL INSURANCE Corp generate in fiscal 2025?

Cash from operations of $71.0M minus capital expenditures of $155.0K left free cash flow of $70.9M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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