Assurant, Inc.

Symbol: AIZ




Market price today

  • 14.8038

    P/E Ratio

  • -0.2174

    PEG Ratio

  • 9.33B

    MRK Cap

  • 0.02%

    DIV Yield

Assurant, Inc. (AIZ) Stock Price & Analysis

Shares Outstanding


Gross Profit Margin


Operating Profit Margin


Net Profit Margin


Return on Assets


Return on Equity


Return on Capital Employed


Company general description and statistics

Sector: Financial Services
Industry: Insurance - Specialty
CEO:Mr. Keith Warner Demmings
Full-time employees:13600
City:New York
Address:55 Broadway

Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service products and related services for mobile devices, consumer electronics, and appliances; vehicle protection and related services; and credit protection and other insurance products. The Global Housing segment provides lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.

General Outlook

When we look at how much money they make before expenses, they keep 1.000% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.071%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.058%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust 0.019% return, is a testament to Assurant, Inc.'s adeptness in optimizing resource deployment. Assurant, Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.141%. Furthermore, the proficiency of Assurant, Inc. in capital utilization is underscored by a remarkable 0.025% return on capital employed.

Stock Prices

Assurant, Inc.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $177.08, while its low point bottomed out at $174.49. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Assurant, Inc.'s stock market.

Liquidity Ratios

Analyzing AIZ liquidity ratios reveals its financial health of the firm. The current ratio of 522.81% gauges short-term asset coverage for liabilities. The quick ratio (522.81%) assesses immediate liquidity, while the cash ratio (67.27%) indicates cash reserves.

Current Ratio522.81%
Quick Ratio522.81%
Cash Ratio67.27%

Profitability Ratios

AIZ profitability indicators offer a lens into its earnings landscape. A pretax profit margin of 7.25% underscores its earnings before tax deductions. The effective tax rate stands at 20.36%, revealing its tax efficiency. The net income per EBT, 79.64%, and the EBT per EBIT, 102.69%, provide insights into its earnings hierarchy. Lastly, with an EBIT per revenue ratio of 7.06%, we grasp its operational profitability.

Pretax Profit Margin7.25%
Effective Tax Rate20.36%
Net Income per EBT79.64%
EBT per EBIT102.69%
EBIT per Revenue7.06%

Operational Efficiency

Operational metrics shed light on its business agility. With an operating cycle of 5.23, it details the span from stock purchase to revenue. The 5 days it takes to settle debts showcases its creditor relations. Meanwhile, a 1 cash conversion cycle and 124.87% receivables turnover rate reflect its cash flow efficiency and credit management, respectively.

Days of Sales Outstanding523
Receivables Turnover1.25
Fixed Asset Turnover16.23
Asset Turnover0.33

Cash Flow Ratios

Peering into the cash flow metrics reveals liquidity and operational efficiency. The operating cash flow per share, 21.45, and free cash flow per share, 17.64, depict cash generation on a per-share basis. The cash per share value, 70.38, showcases liquidity position. A payout ratio of 0.24 highlights the portion of earnings distributed as dividends. Lastly, the operating cash flow sales ratio, 0.10, offers insight into cash flow relative to sales.

Operating Cash Flow per Share21.45
Free Cash Flow per Share17.64
Cash per Share70.38
Payout Ratio0.24
Operating Cash Flow Sales Ratio0.10
Free Cash Flow to Operating Cash Flow Ratio0.82
Cash Flow Coverage Ratio0.55
Capital Expenditure Coverage Ratio5.62
Dividend Paid and Capex Coverage Ratio3.21
Dividend Payout Ratio0.02

Debt and Leverage Ratios

Diving into debt and leverage metrics unveils the company's financial structure. The debt ratio, at 6.19%, highlights its total liabilities relative to assets. With a debt-equity ratio of 0.43, we discern the balance between debt and equity financing. The long-term debt to capitalization, 30.19%, and total debt to capitalization, 30.19%, ratios shed light on its capital structure. An interest coverage of 7.28 indicates its ability to manage interest expenses.

Debt Ratio6.19%
Debt Equity Ratio0.43
Long Term Debt to Capitalization30.19%
Total Debt to Capitalization30.19%
Interest Coverage7.28
Cash Flow to Debt Ratio0.55
Company Equity Multiplier6.99

Per Share Data

Speaking about the per share data offers a perceptive view of financial distribution. The revenue per share, 208.24, provides a glimpse into top-line earnings distributed across each share. Net income per share, 12.02, reflects the portion of profit attributed to each share. The book value per share, 89.97, represents the net asset value distributed per share, while the tangible book value per share, 28.99, excludes intangible assets.

Revenue Per Share208.24
Net Income Per Share12.02
Book Value Per Share89.97
Tangible Book Value Per Share28.99
Shareholders Equity Per Share89.97
Interest Debt Per Share40.94
Capex Per Share-3.79

Growth Ratios

Delving into growth metrics provides a snapshot of financial expansion. The revenue growth rate, 9.21%, indicates top-line expansion, while the gross profit growth, 9.21%, reveals profitability trends. EBIT growth, 40.22%, and operating income growth, 40.22%, offer insights into operational profitability progression. The net income growth, 132.28%, showcases bottom-line expansion, and the EPS growth, 136.15%, measures the growth in earnings per share.

Revenue Growth9.21%
Gross Profit Growth9.21%
EBIT Growth40.22%
Operating Income Growth40.22%
Net Income Growth132.28%
EPS Growth136.15%
EPS Diluted Growth136.63%
Weighted Average Shares Growth-1.69%
Weighted Average Shares Diluted Growth-1.82%
Dividends per Share Growth3.14%
Operating Cash Flow Growth90.67%
Free Cash Flow Growth127.86%
10-Year Revenue Growth per Share76.73%
5-Year Revenue Growth per Share54.19%
3-Year Revenue Growth per Share30.49%
10-Year Operating CF Growth per Share58.81%
5-Year Operating CF Growth per Share92.06%
3-Year Operating CF Growth per Share-4.63%
10-Year Net Income Growth per Share88.44%
5-Year Net Income Growth per Share183.68%
3-Year Net Income Growth per Share63.92%
10-Year Shareholders Equity Growth per Share42.68%
5-Year Shareholders Equity Growth per Share4.26%
3-Year Shareholders Equity Growth per Share-9.12%
10-Year Dividend per Share Growth per Share194.60%
5-Year Dividend per Share Growth per Share14.04%
3-Year Dividend per Share Growth per Share-1.17%
Receivables Growth27.25%
Inventory Growth-3918.97%
Asset Growth1.54%
Book Value per Share Growth15.68%
Debt Growth-2.32%
SGA Expenses Growth4.46%

Other Metrics

Venturing into other key metrics unveils diverse facets of financial performance. The enterprise value, 9,459,656,370.11, captures the company's total value, considering both debt and equity. Income quality, 1.77, assesses the reliability of reported earnings. The ratio of intangibles to total assets, 9.69%, indicates the value of non-physical assets, and capex to operating cash flow, -17.79%, measures reinvestment capability.

Enterprise Value9,459,656,370.11
Income Quality1.77
Intangibles to Total Assets9.69%
Capex to Operating Cash Flow-17.79%
Capex to Revenue-1.82%
Capex to Depreciation-103.11%
Stock-Based Compensation to Revenue0.67%
Graham Number155.99
Return on Tangible Assets2.12%
Graham Net Net-402.78
Working Capital8,385,800,000
Tangible Asset Value1,549,700,000
Net Current Asset Value-18,020,600,000
Average Receivables7,960,350,000
Average Payables3,328,850,000
Average Inventory-3,202,500,000
Days Sales Outstanding292

Valuation Ratios

Exploring the valuation ratios offers insights into perceived market value. The price to book value ratio, 1.98, and the price to book ratio, 1.98, reflect the market's valuation relative to the company's book value. The price to sales ratio, 0.84, provides a perspective on valuation in relation to sales. Ratios like price to free cash flows, 9.97, and price to operating cash flows, 8.36, gauge market valuation against cash flow metrics.

Price Book Value Ratio1.98
Price to Book Ratio1.98
Price to Sales Ratio0.84
Price Cash Flow Ratio8.36
Price Earnings to Growth Ratio-0.22
Enterprise Value Multiple9.99
Price Fair Value1.98
Price to Operating Cash Flow Ratio8.36
Price to Free Cash Flows Ratio9.97
Price to Tangible Book Ratio1.87
Enterprise Value to Sales0.85
Enterprise Value Over EBITDA14.72
EV to Operating Cash Flow8.31
Earnings Yield7.13%
Free Cash Flow Yield10.39%
Trusted project
“All information displayed on the site is verified. High quality project and financial performance”
Eugene Alexeev
NumFin Founder and investing enthusiast

Frequently Asked Question

How many company shares are outstanding in 2024?

There are stock number shares outstanding of Assurant, Inc. (AIZ) on the NYSE in 2024.

What is P/E ratio of enterprise in 2024?

The current P/E ratio of enterprise is 14.804 in 2024.

What is the ticker symbol of Assurant, Inc. stock?

The ticker symbol of Assurant, Inc. stock is AIZ.

What is company IPO date?

IPO date of Assurant, Inc. is 2004-02-05.

What is company current share price?

Current share price is 179.290 USD.

What is stock market cap today?

The market cap of stock today is 9332385151.000.

What is PEG ratio in 2024?

The current -0.217 is -0.217 in 2024.

What is the number of employees in 2024?

In 2024 the company has 13600.