Ategrity Specialty Insurance Co Holdings financial statements
Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Ategrity Specialty Insurance Co Holdings 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
FY2025
FY2025
Revenue
344
424
Interest expense
2.04
1.36
Pre-tax income
66.3
95.9
Income tax
12.3
19.8
Net income to minority interests
6.86
2.13
Net income
47.1
74
EPS, basic
1.28
1.64
EPS, diluted
1.28
1.58
Shares, basic (weighted)
36.6
44.7
Shares, diluted (weighted)
36.6
46.2
Dividend per share
0.00
Balance sheet
FY2025
FY2025
Cash and equivalents
26.6
29.7
Property, plant and equipment
0.78
6.7
Lease right-of-use assets
2.28
1.75
Total assets
1,123
1,474
Total liabilities
725
859
Paid-in capital
361
496
Retained earnings
34.6
109
Treasury stock
0
Other comprehensive income
3
9.22
Shareholders' equity
398
614
Minority interests
0.5
0.55
Total equity
399
615
Total liabilities and equity
1,123
1,474
Shares outstanding
38.4
48.1
Cash flow statement
FY2025
FY2025
Net income
53.9
76.1
Depreciation and amortization
0.7
0.59
Stock-based compensation
2.01
1.02
Deferred income tax
-4.41
-5.28
Change in payables
30.2
-6.41
Cash from operations
126
147
Capital expenditures
-0.16
-6.47
Purchases of investments
-389
-338
Sales and maturities of investments
17.7
8.69
Cash from investing
-363
-274
Stock issued
0
122
Share buybacks
0
-2.74
Cash from financing
-0.41
130
Net change in cash
-238
3.15
Free cash flow
125
141
Interest paid
2.12
1.73
Income taxes paid
-0.91
35.3
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 $24.36 on November 10, 2026.
Profitability
Metric
Value
How it is calculated
Pre-tax margin
24.4%
Pre-tax income / revenue.
Net margin
18.8%
Net income / revenue.
FCF margin
39.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
39.9%
Cash from operations / revenue.
Effective tax rate
20.7%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
15.0%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
5.9%
Net income / average total assets.
Stock-based pay / revenue
0.2%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.8%
Capital expenditures / revenue.
D&A / revenue
0.2%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
23.4%
Revenue vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
57.2%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
23.4%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
17.2%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
12.2%
Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
54.2%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
31.2%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
26.2%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
2.0%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$1.97
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
$10.48
Revenue / diluted weighted shares.
FCF per share
$4.09
Free cash flow / diluted weighted shares.
Operating cash flow per share
$4.18
Cash from operations / diluted weighted shares.
Book value per share
$13.72
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
11.8x
Market cap / net income. Only when net income is positive.
P/S
2.22x
Market cap / revenue.
P/B
1.78x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.78x
Market cap / tangible book value, when positive.
P/FCF
5.68x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
5.56x
Market cap / cash from operations, when positive.
EV/Sales
2.19x
Enterprise value / revenue.
EV/FCF
5.61x
Enterprise value / free cash flow, when both are positive.
FCF yield
17.6%
Free cash flow / market cap.
Earnings yield
8.5%
Net income / market cap (the inverse of P/E).
What was Ategrity Specialty Insurance Co Holdings's revenue in fiscal 2025?
Ategrity Specialty Insurance Co Holdings reported revenue of $424.3M for fiscal 2025, 23.4% higher than the year before.
Was Ategrity Specialty Insurance Co Holdings profitable in fiscal 2025?
Yes. Net income was $74.0M, a net margin of 17.4%.
How much free cash flow did Ategrity Specialty Insurance Co Holdings generate in fiscal 2025?
Cash from operations of $147.2M minus capital expenditures of $6.5M left free cash flow of $140.7M.
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.