Assurant, Inc. engages in the provision of risk management solutions. It operates through following segments: Global Housing, Global Lifestyle, and Global Preneed. The Global Housing segment provides lender-placed homeowners, multi-family housing, and mortgage solutions. The Global Lifestyle segment offers mobile device protection products, related & extended service products and related services for consumer electronics & appliances, vehicle protection services, and credit insurance. The Global Preneed segment provides pre-funded funeral insurance and annuity products. The company was founded on February 4, 2004 and is headquartered in New York, NY.
Highlights
The price to earnings (P/E) is 14% lower than the last 4 quarters average of 21.8
The equity has increased by 11% since the previous quarter and by 4.1% year-on-year
AIZ's debt is up by 10% year-on-year
Key stats
What are the main financial stats of AIZ
Market
Shares outstanding
59.65M
Market cap
$7.15B
Enterprise value
$7.22B
Valuations
Price to earnings (P/E)
18.8
Price to book (P/B)
1.2
Price to sales (P/S)
0.71
EV/EBIT
12.13
EV/EBITDA
9.94
EV/Sales
0.71
Earnings
Revenue
$10.14B
EBIT
$595.8M
EBITDA
$726.5M
Free cash flow
$884.5M
Per share
EPS
$6.38
Free cash flow per share
$14.65
Book value per share
$100.04
Revenue per share
$168.03
TBVPS
$682.69
Balance sheet
Total assets
$44.23B
Total liabilities
$38.25B
Debt
$2.21B
Equity
$5.97B
Working capital
N/A
Liquidity
Debt to equity
0.37
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.1
Margins
EBITDA margin
7.2%
Gross margin
74.8%
Net margin
4%
Operating margin
6.2%
Efficiency
Return on assets
0.9%
Return on equity
6.8%
Return on invested capital
1.4%
Return on capital employed
N/A
Return on sales
5.9%
Dividend
Dividend yield
2.1%
DPS
$2.52
Payout ratio
39.5%
AIZ stock price
How has the Assurant stock price performed over time
Financial performance
How have Assurant's revenue and profit performed over time
Revenue
$10.14B
Gross profit
$7.59B
Operating income
$631.4M
Net income
$405.6M
Gross margin
74.8%
Net margin
4%
The gross profit has increased by 11% year-on-year
AIZ's net margin is up by 11% since the previous quarter but it is down by 2.4% year-on-year
AIZ's net income is up by 9% since the previous quarter and by 4.6% year-on-year
The company's operating income rose by 7% QoQ
Growth
What is Assurant's growth rate over time
Valuation
What is Assurant stock price valuation
P/E
18.8
P/B
1.2
P/S
0.71
EV/EBIT
12.13
EV/EBITDA
9.94
EV/Sales
0.71
The price to earnings (P/E) is 14% lower than the last 4 quarters average of 21.8
The company's EPS rose by 11% QoQ and by 9% YoY
The equity has increased by 11% since the previous quarter and by 4.1% year-on-year
The revenue has grown by 6% YoY
Efficiency
How efficient is Assurant business performance
AIZ's ROA is up by 13% since the previous quarter
The company's return on sales rose by 9% QoQ but it fell by 9% YoY
AIZ's ROE is up by 8% QoQ
The company's return on invested capital rose by 8% QoQ but it fell by 7% YoY
Dividends
What is AIZ's dividend history
DPS
$2.52
Dividend yield
2.1%
Payout ratio
39.5%
Recent dividends
Financial health
How did Assurant financials performed over time
The total assets is 16% greater than the total liabilities
AIZ's debt is 63% smaller than its equity
The equity has increased by 11% since the previous quarter and by 4.1% year-on-year
AIZ's debt to equity is down by 10% since the previous quarter but it is up by 6% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.