AMERISAFE, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $317.3M | $309.0M | $306.9M | $294.7M | $315.9M | $339.5M | $370.4M | $377.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $58.9M | $69.1M | $77.4M | $67.6M | $79.4M | $106.9M | $115.5M | $87.6M |
| Operating Margin | 18.6% | 22.3% | 25.2% | 23.0% | 25.1% | 31.5% | 31.2% | 23.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $58.9M | $69.1M | $77.4M | $67.6M | $79.4M | $106.9M | $115.5M | $87.6M |
| Income Tax Expense | $11.7M | $13.6M | $15.3M | $12.0M | $13.7M | $20.3M | $22.8M | $15.9M |
| Net Income | $47.1M | $55.4M | $62.1M | $55.6M | $65.8M | $86.6M | $92.7M | $71.6M |
| Net Margin | 14.9% | 17.9% | 20.2% | 18.9% | 20.8% | 25.5% | 25.0% | 19.0% |
| EPS (Basic) | $2.48 | $2.91 | $3.24 | $2.89 | $3.40 | $4.49 | $4.82 | $3.73 |
| EPS (Diluted) | $2.47 | $2.89 | $3.23 | $2.88 | $3.39 | $4.47 | $4.80 | $3.71 |
| Shares Outstanding (Basic) | 19.0M | 19.1M | 19.1M | 19.2M | 19.3M | 19.3M | 19.2M | 19.2M |
| Shares Outstanding (Diluted) | 19.1M | 19.2M | 19.2M | 19.3M | 19.4M | 19.4M | 19.3M | 19.3M |
| Dividends Per Share | $1.56 | $1.48 | $1.36 | $1.24 | $1.16 | $1.08 | $1.00 | $0.88 |