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Financial statements

American Integrity Insurance Group, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data American Integrity Insurance Group, Inc. 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

FY2025FY2025
Revenue204276
General and administrative3141.9
Interest expense0.050.03
Pre-tax income51115
Income tax11.315.4
Net income39.799.6
EPS, basic2.955.65
EPS, diluted2.955.65
Shares, basic (weighted)12.917.2
Shares, diluted (weighted)12.917.2

Balance sheet

FY2025FY2025
Cash and equivalents173204
Short-term investments018.1
Property, plant and equipment1.845.72
Lease right-of-use assets2.50.45
Total assets1,1981,230
Short-term debt0.410.41
Long-term debt0.620.21
Total liabilities1,036893
Total debt1.030.62
Paid-in capital10.3106
Retained earnings152229
Other comprehensive income-0.331.93
Shareholders' equity162337
Total equity162337
Total liabilities and equity1,1981,230
Shares outstanding12.919.6

Cash flow statement

FY2025FY2025
Net income39.799.6
Depreciation and amortization0.781.14
Stock-based compensation010.6
Deferred income tax-2.34-10.5
Cash from operations149138
Capital expenditures-1.31-5.02
Purchases of investments0-33
Cash from investing-19.4-135
Debt repaid-0.41-0.41
Cash from financing-12.461.7
Net change in cash11764.8
Free cash flow148133
Interest paid0.070.03
Income taxes paid135.3

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $25.19 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Pre-tax margin36.2%Pre-tax income / revenue.
Net margin26.2%Net income / revenue.
FCF margin48.7%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin51.3%Cash from operations / revenue.
Effective tax rate27.6%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)23.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)5.5%Net income / average total assets.
Stock-based pay / revenue0.3%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue2.7%Capital expenditures / revenue.
D&A / revenue0.7%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y35.3%Revenue vs the same period a year earlier. Only from a positive base.
Net income growth, 1y150.7%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y91.5%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y-7.2%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y-9.8%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y107.5%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y2.7%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y33.6%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Debt / equity0.00xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets0.0%Total debt / total assets.
Liabilities / assets77.1%Total liabilities / total assets.
Net debt-$292.8MTotal debt - cash - short-term investments. Negative means more cash than debt.
Tangible book value$369.5MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.21xRevenue / average total assets.
Fixed asset turnover37.6xRevenue / average property, plant and equipment.
FCF conversion185.8%Free cash flow / net income, when net income is positive.
Capex / operating cash flow5.2%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$4.50Net 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$17.16Revenue / diluted weighted shares.
FCF per share$8.35Free cash flow / diluted weighted shares.
Operating cash flow per share$8.81Cash from operations / diluted weighted shares.
Book value per share$18.86Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$18.86Tangible book value / shares outstanding.
Cash per share$14.96(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$493.6MShare price x shares outstanding.
Enterprise value$200.8MMarket cap + total debt - cash - short-term investments.
P/E5.60xMarket cap / net income. Only when net income is positive.
P/S1.47xMarket cap / revenue.
P/B1.34xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.34xMarket cap / tangible book value, when positive.
P/FCF3.02xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF2.86xMarket cap / cash from operations, when positive.
EV/Sales0.60xEnterprise value / revenue.
EV/FCF1.23xEnterprise value / free cash flow, when both are positive.
FCF yield33.2%Free cash flow / market cap.
Earnings yield17.8%Net income / market cap (the inverse of P/E).
What was American Integrity Insurance Group, Inc.'s revenue in fiscal 2025?

American Integrity Insurance Group, Inc. reported revenue of $276.5M for fiscal 2025, 35.3% higher than the year before.

Was American Integrity Insurance Group, Inc. profitable in fiscal 2025?

Yes. Net income was $99.6M, a net margin of 36%.

How much free cash flow did American Integrity Insurance Group, Inc. generate in fiscal 2025?

Cash from operations of $138.2M minus capital expenditures of $5.0M left free cash flow of $133.2M.

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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