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NASDAQ · Finance

Amerisafe Inc (AMSF)

Amerisafe Inc brought in $333.5M of revenue over the twelve months to September 30, 2026, up 7.7% from a year earlier. Net income was $40.4M, a net margin of 12.1%. Operating cash flow minus capital spending left $8.9M of free cash flow in fiscal 2025. At September 30, 2026 it held $39.7M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 30, 2026.

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Price
$19.87
+1.22% on the day · November 10, 2026
52-week range $19.39 to $42.10
Market cap
$368.3M
Revenue (last 12 months)
$333.5M
+7.7% year on year
Net margin
12.1%
P/E
8.0
on FY2025 diluted EPS

Key facts about Amerisafe Inc

Net worth
Amerisafe Inc has a market value (market cap) of $368.3M at the latest share price, and shareholders' equity of $237.3M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $317.3M (+2.7% year on year), with net income of $47.1M. Over the 12 months to September 30, 2026: revenue $333.5M, net income $40.4M.
Cash flow
In fiscal 2025 operations brought in $11.1M of cash; after $2.1M of capital spending, free cash flow was $8.9M.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 30, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report
Amerisafe Inc's next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Dividend
Amerisafe Inc declared dividends of $1.56 per share in fiscal 2025, a yield of 7.85% at the current price.

What Amerisafe Inc does

Amerisafe Inc is registered with the SEC under industry code SIC 6331 (Fire, Marine & Casualty Insurance). Its shares trade on NASDAQ under the ticker AMSF.

Revenue and profit by year

Revenue
FY18: $377.8M $377.8M FY18FY19: $370.4M $370.4M FY19FY20: $339.5M $339.5M FY20FY21: $315.9M $315.9M FY21FY22: $294.7M $294.7M FY22FY23: $306.9M $306.9M FY23FY24: $309M $309M FY24FY25: $317.3M $317.3M FY25
Net income
FY18: $71.6M $71.6M FY18FY19: $92.7M $92.7M FY19FY20: $86.6M $86.6M FY20FY21: $65.8M $65.8M FY21FY22: $55.6M $55.6M FY22FY23: $62.1M $62.1M FY23FY24: $55.4M $55.4M FY24FY25: $47.1M $47.1M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$317.3Mn/a$47.1M$2.47$8.9M
2024$309Mn/a$55.4M$2.89$23.4M
2023$306.9Mn/a$62.1M$3.23$29.3M
2022$294.7Mn/a$55.6M$2.88$26.1M
2021$315.9Mn/a$65.8M$3.39$36.7M
2020$339.5Mn/a$86.6M$4.47$62.5M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around February 24, 2027.

Estimated from its filing rhythm: 52 weeks after its report of February 25, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where AMSF ranks in Finance

Revenue$317.3M
#286 of 541 in Finance · Bottom 47%
Revenue growth+2.7%
#362 of 480 in Finance · Bottom 25%
Net margin14.9%
#217 of 484 in Finance · Top 45%
Free cash flow margin2.8%
#233 of 339 in Finance · Bottom 31%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Finance

Dividends

Amerisafe Inc declared $1.56 per share in fiscal 2025. At the current price that is a yield of 7.85%. It paid out $48.6M in cash dividends, 103% of its net income.

Fiscal yearPer sharePaid outOf profit
2025$1.56$48.6M103%
2024$1.48$85.4M154%
2023$1.36$93.3M150%
2022$1.24$100.4M181%
2021$1.16$99.9M152%
2020$1.08$88.8M103%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Amerisafe Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 9, 2026
  2. November 4, 2026
  3. October 30, 2026
    Quarterly report 10-Q · period to September 30, 2026Revenue fell 2.6% to $79.8M versus the same quarter last year; diluted EPS $0.39 versus $0.72.
  4. October 28, 2026
  5. October 27, 2026
  6. October 5, 2026
  7. September 30, 2026
  8. September 4, 2026
  9. August 13, 2026
  10. July 23, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 13% to $92M versus the same quarter last year; diluted EPS $0.78 versus $0.73.

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 4, 2026. Insider transactions on SEC

What is AMSF worth? A DCF from its reported cash flow

Insider trades

What the people running Amerisafe Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
August 1, 2026 Wise Raymond F. Jr.EVP - CSO Exercised options 4,257 - - Form 4
August 1, 2026 Wise Raymond F. Jr.EVP - CSO Shares withheld for tax 1,846 $29.04 $53.6K Form 4
June 10, 2026 Fontenot Teri G.Director Received as pay 2,340 - - Form 4
June 10, 2026 Brown Michael JDirector Received as pay 2,340 - - Form 4
June 10, 2026 Roach RandyDirector Received as pay 2,340 - - Form 4
June 10, 2026 Greer Billy BDirector Received as pay 2,340 - - Form 4
June 10, 2026 Morris Jared ADirector Received as pay 2,340 - - Form 4
June 10, 2026 Garcia Philip ADirector Received as pay 2,340 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns AMSF

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
BlackRock Portfolio Management LLC13G, passive 6% 1,116,292 October 27, 2026
Goldman Sachs Asset Management, L.P.13G, passive 5.8% 1,072,579 August 13, 2026
Vanguard Capital Management13G, passive 5.29% 994,816 April 29, 2026
Millennium Management LLC13G, passive with 2 related filers 5.1% 951,465 September 30, 2026

Latest filings below 5%: Neuberger Berman Group LLC 0% (September 4, 2026); The Vanguard Group 0% (March 26, 2026).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 215 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.3,611,215$122.2M+338,636
Neuberger Berman Group LLC1,278,305$43.2M-455,368
Goldman Sachs Group Inc1,204,845$40.8M+240,181
State Street Corp824,222$27.9M+25,034
Vanguard Capital Management LLC822,730$27.8M-26,298
Charles Schwab Investment Management Inc790,946$26.8M+70,338
Royce & Associates LP790,084$26.7M+147,618
Geode Capital Management, LLC625,636$21.2M+50,201
Two Sigma Investments, LP623,473$21.1M+148,234
Bank of America Corp554,395$18.8M-69,302
Dimensional Fund Advisors LP471,150$15.9M+3,190
Auto-Owners Insurance Co426,900$14.4M0
Citadel Advisors LLC376,251$12.7M+87,169
Aqr Capital Management LLC370,278$12.5M+294,029
Morgan Stanley316,534$10.7M+139,387
Vanguard Portfolio Management LLC301,659$10.2M+14,377
Northern Trust Corp229,360$7.8M+48,036
M&G PLC216,025$7.3M-9,761
Renaissance Technologies LLC215,400$7.3M-45,975
ProShare Advisors LLC212,326$7.2M+28,990

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

12 insiders reported holding 496,425 shares in total, about $9.9M at the last price.

HolderSharesAs of
Frost G. JanellePresident & CEO, Director 244,757 March 12, 2026
Gagliano Vincent J.EVP - Chief Risk Officer 59,362 March 12, 2026
Shirley Kathryn HoushEVP - CAO 46,098 March 12, 2026
Garcia Philip ADirector 27,243 June 10, 2026
Morris Jared ADirector 25,075 June 10, 2026
Roach RandyDirector 18,862 June 10, 2026
Traynor SeanDirector 18,326 June 10, 2026
Brown Michael JDirector 15,761 June 10, 2026
Wise Raymond F. Jr.EVP - CSO 15,533 August 1, 2026
Fontenot Teri G.Director 14,008 June 10, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about AMSF

What does Amerisafe Inc do?

Amerisafe Inc is a company in the Finance sector, listed on NASDAQ as AMSF. Its shares trade on NASDAQ under the ticker AMSF.

What is Amerisafe Inc's net worth?

Amerisafe Inc has a market value (market cap) of $368.3M at the latest share price, and shareholders' equity of $237.3M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Amerisafe Inc profitable?

Yes. Over the twelve months to September 30, 2026 it reported net income of $40.4M on revenue of $333.5M, a net margin of 12.1%.

How much revenue does Amerisafe Inc make?

Over the twelve months to September 30, 2026 Amerisafe Inc reported revenue of $333.5M. That is 7.7% more than a year earlier.

When did Amerisafe Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on October 30, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the passive stake changed from November 9, 2026.

When is Amerisafe Inc's next earnings report?

Amerisafe Inc's next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

Does Amerisafe Inc pay a dividend?

Yes. Amerisafe Inc declared dividends of $1.56 per share in fiscal 2025, a yield of 7.85% at the current price.

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Where the numbers come from

Financial figures are the values Amerisafe Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.