Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data ASPEN INSURANCE HOLDINGS LTD 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
2,939
2,653
2,532
2,593
2,830
2,629
2,890
2,966
3,260
3,220
Selling, general and administrative
490
502
492
522
411
418
494
504
533
671
General and administrative
407
411
358
342
308
333
387
355
406
492
Interest expense
29.5
29.5
25.9
20.2
33.9
14.3
43.7
55.2
62.1
31.7
Other non-operating income
-9.7
-32.7
-77.2
-126
-32.7
-20.6
-36
-35.1
-29.9
-76.8
Pre-tax income
210
-282
-156
-217
-38
35.1
-27
403
464
444
Income tax
6.1
-15.4
-10.2
22.9
18.4
5.3
-78.1
-132
-22
104
Net income to minority interests
0.1
1.3
1
-1.2
0
0
Net income
203
-268
-147
-238
-56.4
29.8
51.1
535
486
340
EPS, basic
1.78
-3.47
-1.98
-0.16
0.07
5.34
4.75
3.18
EPS, diluted
1.74
-3.47
-1.98
-0.16
0.07
5.34
4.75
3.17
Shares, basic (weighted)
90.9
89.9
89.7
90.8
90.8
90.8
90.8
91.4
Shares, diluted (weighted)
93
89.9
89.7
90.8
90.8
90.8
90.8
91.5
Balance sheet
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
1,055
1,055
1,084
1,031
1,747
1,314
959
1,028
914
1,659
Short-term investments
145
89.9
106
Property, plant and equipment
83.8
75.5
73.1
64.8
77.4
115
81.3
Lease right-of-use assets
0
93.5
74.1
83.4
72.8
61.6
53.5
43.4
Goodwill
24.2
3.9
3.9
3.9
3.9
3.9
3.9
3.9
2.1
2.1
Total assets
12,090
12,906
12,533
12,581
13,091
13,844
15,157
15,225
15,749
16,310
Short-term debt
0
300
300
300
297
Long-term debt
550
550
425
300
300
300
Total liabilities
8,442
9,978
9,893
9,855
10,203
11,069
12,799
12,316
12,377
12,685
Total debt
549
550
425
300
300
300
0
300
Paid-in capital
1,260
955
968
1,202
1,470
1,515
761
761
762
803
Retained earnings
2,392
2,027
1,791
1,515
1,397
1,383
1,349
1,794
2,030
2,320
Other comprehensive income
-5.1
-55.9
-122
-76.7
19.7
-123
-506
-400
-390
-198
Shareholders' equity
2,358
2,909
3,372
3,625
Minority interests
1.4
2.7
3.7
0
0
Total equity
3,648
2,913
2,640
2,628
2,887
2,775
2,358
2,909
3,372
3,625
Total liabilities and equity
12,090
12,906
12,533
12,581
13,091
13,844
15,157
15,225
15,749
16,310
Cash flow statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
203
-266
-146
-240
-56.4
29.8
51.1
535
486
340
Depreciation and amortization
51.5
62.2
43.4
39.8
45.8
53.3
43.3
11
-1
7.9
Stock-based compensation
15.5
9.8
10.1
0
0
61.5
Deferred income tax
8.2
-32.5
-8.5
24.7
-0.9
-3.2
-105
-198
-88.6
22.3
Cash from operations
453
-112
-305
-338
-673
525
-55
325
555
439
Acquisitions
-59.5
0
0
Purchases of investments
-59.5
-96
-16.4
-1,651
-1,632
-2,217
-1,614
-1,555
-2,469
-2,604
Sales and maturities of investments
594
958
1,661
1,303
554
548
294
474
850
623
Cash from investing
-351
419
657
218
1,151
-950
-197
-172
-353
340
Debt issued
105
0
0
Debt repaid
0
0
-125
Stock issued
2.5
0.5
2.7
1.4
0
0
Share buybacks
-75
-30
0
-0.1
0
0
Dividends paid
-52.7
-56.2
-42.9
0
0
0
-40
-40.3
-195
0
Cash from financing
90
-540
-307
65.2
224
0.5
-84.6
-90.2
-308
-48.7
Exchange rate effect
-18
13.9
-16.7
1.1
14.8
-8.1
-18.8
6.6
-8.1
14.5
Net change in cash
174
-219
28.9
-53.2
717
-433
-355
68.9
-114
745
Interest paid
29
29
25.3
19
14
14
14.3
15.6
20.5
17.4
Income taxes paid
7
3.4
-0.3
-4.7
15
15.7
29.1
60.9
69
71.8
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $17.79 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Pre-tax margin
13.8%
Pre-tax income / revenue.
Net margin
10.6%
Net income / revenue.
Operating cash flow margin
13.6%
Cash from operations / revenue.
Effective tax rate
23.4%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
9.7%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
2.1%
Net income / average total assets.
SG&A / revenue
20.9%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
1.9%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
0.2%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-1.2%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
3.7%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
2.6%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y
-30.0%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
88.1%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y
-33.3%
EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y
251.2%
Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-20.9%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
7.5%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
15.4%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
3.6%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
2.5%
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
4.5%
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
0.8%
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
0.3%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
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.
EPS, basic
$3.18
Net income per basic share, as reported (split-adjusted).
Revenue per share
$35.17
Revenue / diluted weighted shares.
Operating cash flow per share
$4.80
Cash from operations / diluted weighted shares.
Book value per share
$39.60
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Dividends paid / net income, when net income is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$1.63B
Share price x shares outstanding.
Enterprise value
-$24.0M
Market cap + total debt - cash - short-term investments.
P/E
4.81x
Market cap / net income. Only when net income is positive.
P/S
0.51x
Market cap / revenue.
P/B
0.45x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.45x
Market cap / tangible book value, when positive.
P/OCF
3.72x
Market cap / cash from operations, when positive.
Earnings yield
20.8%
Net income / market cap (the inverse of P/E).
Dividend yield
0.0%
Dividends paid over the period / market cap.
Shareholder yield
0.0%
(Dividends paid + share buybacks) / market cap.
PEG
0.02x
P/E / EPS growth per year over 3 years (in percent). Only when both are positive.
What was ASPEN INSURANCE HOLDINGS LTD's revenue in fiscal 2025?
ASPEN INSURANCE HOLDINGS LTD reported revenue of $3.22B for fiscal 2025, 1.2% lower than the year before.
Was ASPEN INSURANCE HOLDINGS LTD profitable in fiscal 2025?
Yes. Net income was $340.2M, a net margin of 10.6%.
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.