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Stocks · Financials · Fire, Marine & Casualty Insurance

AMERISAFE INC

AMSF Clue Score35
United States Fiscal year ends December CIK 0001018979
$24.41 -1.33% Close, 9 Oct 2026
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Price $24.41 −57.41% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue396.7Net income77.9EPS, diluted4.05Fiscal year 2017Revenue375.2 −5.4%Net income46.2 −40.6%EPS, diluted2.40 −40.7%Fiscal year 2018Revenue377.8 +0.7%Net income71.6 +54.9%EPS, diluted3.71 +54.6%Fiscal year 2019Revenue370.4 −2.0%Net income92.7 +29.4%EPS, diluted4.80 +29.4%Fiscal year 2020Revenue339.5 −8.3%Net income86.6 −6.6%EPS, diluted4.47 −6.9%Fiscal year 2021Revenue315.9 −6.9%Net income65.8 −24.1%EPS, diluted3.39 −24.2%Fiscal year 2022Revenue294.7 −6.7%Net income55.6 −15.4%EPS, diluted2.88 −15.0%Fiscal year 2023Revenue306.9 +4.1%Net income62.1 +11.7%EPS, diluted3.23 +12.2%Fiscal year 2024Revenue309.0 +0.7%Net income55.4 −10.7%EPS, diluted2.89 −10.5%Fiscal year 2025Revenue317.3 +2.7%Net income47.1 −15.0%EPS, diluted2.47 −14.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 396.7 375.2 377.8 370.4 339.5 315.9 294.7 306.9 309.0 317.3
Growth −5.4% +0.7% −2.0% −8.3% −6.9% −6.7% +4.1% +0.7% +2.7%
Net income 77.9 46.2 71.6 92.7 86.6 65.8 55.6 62.1 55.4 47.1
Growth −40.6% +54.9% +29.4% −6.6% −24.1% −15.4% +11.7% −10.7% −15.0%
EPS, diluted 4.05 2.40 3.71 4.80 4.47 3.39 2.88 3.23 2.89 2.47
Growth −40.7% +54.6% +29.4% −6.9% −24.2% −15.0% +12.2% −10.5% −14.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin19.6%Free cash flow margin28.4%Fiscal year 2017Net margin12.3%Free cash flow margin34.7%Fiscal year 2018Net margin19.0%Free cash flow margin25.7%Fiscal year 2019Net margin25.0%Free cash flow margin21.0%Fiscal year 2020Net margin25.5%Free cash flow margin18.4%Fiscal year 2021Net margin20.8%Free cash flow margin11.6%Fiscal year 2022Net margin18.9%Free cash flow margin8.9%Fiscal year 2023Net margin20.2%Free cash flow margin9.5%Fiscal year 2024Net margin17.9%Free cash flow margin7.6%Fiscal year 2025Net margin14.9%Free cash flow margin2.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 19.6% 12.3% 19.0% 25.0% 25.5% 20.8% 18.9% 20.2% 17.9% 14.9%
Free cash flow margin 28.4% 34.7% 25.7% 21.0% 18.4% 11.6% 8.9% 9.5% 7.6% 2.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow114.2Capital expenditure−1.6Free cash flow112.6Dividends paid−76.1Fiscal year 2017Operating cash flow130.8Capital expenditure−0.5Free cash flow130.3 +15.8%Dividends paid−82.6Fiscal year 2018Operating cash flow98.3Capital expenditure−1.1Free cash flow97.1 −25.5%Dividends paid−84.5Fiscal year 2019Operating cash flow78.8Capital expenditure−1.0Free cash flow77.8 −19.9%Dividends paid−87.0Fiscal year 2020Operating cash flow63.4Capital expenditure−0.9Free cash flow62.5 −19.7%Dividends paid−88.8Fiscal year 2021Operating cash flow38.0Capital expenditure−1.3Free cash flow36.7 −41.3%Dividends paid−99.9Fiscal year 2022Operating cash flow28.2Capital expenditure−2.1Free cash flow26.1 −28.8%Buybacks−12.4Dividends paid−100.4Fiscal year 2023Operating cash flow29.8Capital expenditure−0.6Free cash flow29.3 +12.2%Buybacks−2.2Dividends paid−93.3Fiscal year 2024Operating cash flow24.2Capital expenditure−0.8Free cash flow23.4 −20.3%Dividends paid−85.4Fiscal year 2025Operating cash flow11.1Capital expenditure−2.1Free cash flow8.9 −61.8%Dividends paid−48.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 114.2 130.8 98.3 78.8 63.4 38.0 28.2 29.8 24.2 11.1
Capital expenditure −1.6 −0.5 −1.1 −1.0 −0.9 −1.3 −2.1 −0.6 −0.8 −2.1
Free cash flow 112.6 130.3 97.1 77.8 62.5 36.7 26.1 29.3 23.4 8.9
Growth +15.8% −25.5% −19.9% −19.7% −41.3% −28.8% +12.2% −20.3% −61.8%
Buybacks n/a n/a n/a n/a n/a n/a −12.4 −2.2 n/a n/a
Dividends paid −76.1 −82.6 −84.5 −87.0 −88.8 −99.9 −100.4 −93.3 −85.4 −48.6

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash58.9Shareholders’ equity456.2Fiscal year 2017Cash55.6Shareholders’ equity425.4Fiscal year 2018Cash40.3Shareholders’ equity409.8Fiscal year 2019Cash43.8Shareholders’ equity430.2Fiscal year 2020Cash61.8Shareholders’ equity438.8Fiscal year 2021Cash70.7Shareholders’ equity399.3Fiscal year 2022Cash61.5Shareholders’ equity317.4Fiscal year 2023Cash38.7Shareholders’ equity292.5Fiscal year 2024Cash44.0Shareholders’ equity257.3Fiscal year 2025Cash61.9Shareholders’ equity251.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 58.9 55.6 40.3 43.8 61.8 70.7 61.5 38.7 44.0 61.9
Shareholders’ equity 456.2 425.4 409.8 430.2 438.8 399.3 317.4 292.5 257.3 251.6

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
28.4% 21.9% 23.2% 31.2% 31.5% 25.1% 23.0% 25.2% 22.3% 18.6%
19.6% 12.3% 19.0% 25.0% 25.5% 20.8% 18.9% 20.2% 17.9% 14.9%
28.4% 34.7% 25.7% 21.0% 18.4% 11.6% 8.9% 9.5% 7.6% 2.8%
Spending
0.4% 0.1% 0.3% 0.3% 0.3% 0.4% 0.7% 0.2% 0.3% 0.7%
31.0% 43.8% 18.2% 19.8% 19.0% 17.2% 17.8% 19.7% 19.7% 19.9%
Returns
17.1% 10.9% 17.5% 21.5% 19.7% 16.5% 17.5% 21.2% 21.5% 18.7%
5.1% 3.0% 4.7% 6.2% 5.9% 4.7% 4.4% 5.1% 4.8% 4.2%
Balance and payout
70.0% 72.0% 73.0% 71.2% 70.2% 71.5% 75.0% 76.2% 77.8% 77.7%
97.7% 178.8% 118.0% 93.9% 102.5% 152.0% 180.6% 150.2% 154.1% 103.1%
67.6% 63.4% 87.0% 111.8% 142.1% 272.4% 432.2% 326.0% 365.9% 544.8%