Présentation de l'entreprise
Assurant, Inc. operates as a provider of protection services tailored for connected devices, residential properties, and automobiles across North America, Latin America, Europe, and the Asia Pacific regions. The company executes its strategy through two primary operational segments: Global Lifestyle, which focuses on mobile device solutions and extended service offerings, and Global Housing, which covers the aforementioned property and automotive protections. Within the broader Financial Services sector, specifically the Insurance - Property & Casualty industry, this structure allows Assurant to diversify its risk exposure and revenue streams across multiple asset classes. The firm employs a workforce of 14,800 individuals to support its extensive global operations and service delivery networks. With a market capitalization of $11.20B and annual revenue reaching $12.81B, Assurant establishes itself as a significant player with substantial assets under management and a robust footprint in the insurance market. These valuation and revenue figures indicate a company with established scale and the capacity to generate significant economic output, positioning it as a mature entity capable of weathering economic cycles while maintaining steady service delivery for its diverse customer base.
Santé financière
The company reported revenue of $12.81B over the trailing twelve months, generating net income of $865.00M and EBITDA of $1.48B during the same period. The disparity between the total revenue and the net income figure reveals a cost structure where operating expenses, including claims payouts, underwriting costs, and administrative overhead, consume a significant portion of top-line earnings before arriving at the bottom line. The free cash flow stands at $2.19B, a metric that highlights the company's strong financial flexibility to fund capital expenditures, return cash to shareholders, or manage operational liquidity without relying solely on external financing. Profitability analysis shows a gross margin of 11.9%, an operating margin of 10.1%, and a profit margin of 6.8%, indicating that for every dollar of revenue, the company retains roughly 6.8 cents after all costs, including taxes and interest, are deducted. Regarding liquidity and leverage, the firm holds $2.21B in cash against $2.28B in total debt, resulting in a debt-to-equity ratio of 38.84%, which suggests a balance sheet that is moderately leveraged but maintains a near-neutral position between cash and obligations. The current ratio is recorded at 0.41, which indicates that current assets do not fully cover current liabilities on a standalone basis, a characteristic often seen in insurance models where long-term premium receivables or regulatory reserve requirements impact short-term liquidity metrics. Return on Equity stands at 15.9% while Return on Assets is 2.1%, metrics that reveal management's effectiveness in utilizing shareholder capital to generate profits relative to the total asset base employed in the business.
Évaluation de la valorisation
Assurant, Inc. trades with a trailing twelve-month P/E ratio of 12.92 and a forward P/E of 10.10, implying that the market expects earnings growth to accelerate significantly in the coming years to justify the lower forward multiple. The price-to-book ratio is 1.90, indicating that the market values the company at nearly double its net asset book value, reflecting a premium assigned to its brand, distribution network, and franchise value beyond the tangible equity. Alternative valuation metrics such as the price-to-sales ratio of 0.87 and an EV/EBITDA of 7.58 provide additional context, suggesting the stock is valued at less than one dollar of sales and commands a low enterprise multiple relative to its earnings before interest, taxes, depreciation, and amortization. The stock has traded between a 52-week low of $176.63 and a high of $246.31; without the current price explicitly provided in the source data, the valuation range establishes a historical band within which the security has fluctuated over the last year. The beta value of 0.56 indicates that the stock exhibits lower price volatility relative to the broader market, moving at roughly half the intensity of the overall index, which may appeal to investors seeking lower systematic risk within the financial services sector.
Growth & Income
Revenue growth stands at 7.9% year-over-year while earnings growth reaches 15.1% year-over-year, demonstrating that the company is expanding its profit margins faster than its top line, likely driven by improved loss ratios, operational efficiencies, or favorable pricing power in specific segments. As a dividend payer, the company offers a dividend yield of 1.5% with a payout ratio of 19.4%, a conservative distribution level that suggests the dividend is highly sustainable given that only a fraction of earnings are required to cover the obligation. This low payout ratio leaves ample room for the firm to retain earnings for organic growth initiatives, strategic acquisitions, or to bolster capital reserves against potential future claims volatility. The overall profile of Assurant, Inc. combines steady single-digit revenue expansion with double-digit earnings acceleration and a sustainable income distribution, creating a financial narrative focused on value creation through both capital appreciation and reliable cash return to shareholders.