Amerisafe Inc (AMSF) Financial Statements
Industry: Fire, Marine & Casualty Insurance
In fiscal 2025, Amerisafe reported revenue of $317.3M, up 2.7% from $309.0M the year before. Net income was $47.1M (a 14.9% net margin), or $2.47 per diluted share. Gross margin was 46.4% and operating margin was 46.4%. Operating activities generated $11.1M of cash, leaving $8.9M of free cash flow. At fiscal year end, Amerisafe held $1.13B in total assets against $878.9M in total liabilities, including $61.9M of cash and equivalents.
Open the full interactive Amerisafe financials → Quarterly statements, key ratios, valuation history and price charts.
Amerisafe Key Stats
| Share Price | $24.65 |
|---|---|
| Market Cap | $461.0M |
| P/E Ratio | 10.0 |
| Dividend Yield | 13.60% |
| Revenue YoY Growth | +2.7% |
| 52-Week Range | $23.28 – $38.97 |
| Shares Outstanding | 18.6 million (basic, 2026 Q2) |
Amerisafe Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $339.5M | $315.9M | $294.7M | $306.9M | $309.0M | $317.3M |
| Cost of Goods Sold | $157.2M | $160.8M | $152.3M | $148.3M | $157.3M | $169.9M |
| Gross Profit | $182.3M | $155.1M | $142.4M | $158.6M | $151.8M | $147.3M |
| Operating Income | $182.3M | $155.1M | $142.4M | $158.6M | $151.8M | $147.3M |
| Pre-Tax Income | $106.9M | $79.4M | $67.6M | $77.4M | $69.1M | $58.9M |
| Income Tax | $20.3M | $13.7M | $12.0M | $15.3M | $13.6M | $11.7M |
| Net Income | $86.6M | $65.8M | $55.6M | $62.1M | $55.4M | $47.1M |
| Diluted EPS | $4.47 | $3.39 | $2.88 | $3.23 | $2.89 | $2.47 |
Amerisafe Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $82.0M | $81.6M | $80.1M | $92.0M |
| Net Income | $13.8M | $10.4M | $8.1M | $14.6M |
| Diluted EPS | $0.72 | $0.55 | $0.43 | $0.78 |
Amerisafe Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $61.8M | $70.7M | $61.5M | $38.7M | $44.0M | $61.9M |
| Total Assets | $1.47B | $1.40B | $1.27B | $1.23B | $1.16B | $1.13B |
| Total Liabilities | $1.03B | $1.00B | $951.8M | $936.7M | $900.5M | $878.9M |
| Shareholders' Equity | $438.8M | $399.3M | $317.4M | $292.5M | $257.3M | $251.6M |
Amerisafe Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $63.4M | $38.0M | $28.2M | $29.8M | $24.2M | $11.1M |
| Cash From Investing | $43.4M | $71.0M | $75.4M | $43.9M | $72.4M | $68.4M |
| Cash From Financing | -$88.8M | -$100.0M | -$112.9M | -$96.5M | -$91.2M | -$61.6M |
| Free Cash Flow | $62.5M | $36.7M | $26.1M | $29.3M | $23.4M | $8.9M |
| Dividends Paid | $88.6M | $148.4M | $77.7M | $56.0M | $71.0M | $62.7M |
Figures from Amerisafe's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Amerisafe financials page for every line item.
Amerisafe Company Profile
| Ticker | AMSF |
|---|---|
| Exchange | Nasdaq |
| Industry | Fire, Marine & Casualty Insurance |
| Headquarters | Deridder, Louisiana |
| Incorporated in | Texas |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001018979 |
Frequently Asked Questions
What was Amerisafe's revenue in fiscal 2025?
Amerisafe (AMSF) reported revenue of $317.3M for fiscal 2025.
What is Amerisafe's annual revenue history?
Amerisafe's annual revenue by fiscal year: 2020: $339.5M; 2021: $315.9M; 2022: $294.7M; 2023: $306.9M; 2024: $309.0M; 2025: $317.3M.
What was Amerisafe's net income in fiscal 2025?
Amerisafe reported net income of $47.1M for fiscal 2025.
What was Amerisafe's earnings per share (EPS) in fiscal 2025?
Amerisafe's diluted EPS was $2.47 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Amerisafe generate in fiscal 2025?
Amerisafe generated $8.9M of free cash flow in fiscal 2025.
What was Amerisafe's revenue last quarter?
In its most recent reported quarter (2026 Q2), Amerisafe reported revenue of $92.0M.
How many shares of Amerisafe are outstanding?
Amerisafe reported a weighted average of 18.6 million basic shares outstanding in 2026 Q2.
What is Amerisafe's market cap?
Based on its latest closing price, Amerisafe (AMSF) has a market capitalization of about $461.0M.
When does Amerisafe's fiscal year end?
Amerisafe's fiscal year end, as registered with the SEC, is December 31.
Where is Amerisafe headquartered?
Amerisafe lists its business address in Deridder, Louisiana in its SEC filings.