VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesMarketEarningsCompareWatchlistInsider
AMSFAMERISAFE, Inc.
$31.32$589M
Research
Overview
Valuation
ValuationTargetsPrice
Financials
RevenueEarningsP/ERatiosDividend
Ownership
Holders
Tools
Total ReturnDCA Calculator
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly stock ideas — free

Follow VCP Scanner on XFollow VCP Scanner on LinkedIn
© 2026 VCP Scanner
AboutPrivacyTerms
Not financial advice. Do your own research.
ScreenerNewsCompareWatchlist

AMSF logoAMERISAFE, Inc.(AMSF)Earnings, Financials & Key Ratios

AMSF•NASDAQ•Insurance & Managed Care
12.7× P/E·Price updated Jun 19, 2026
SectorFinancial ServicesIndustrySpecialty InsuranceSub-IndustrySpecialty Commercial P&C Carriers
AboutAMERISAFE, Inc., an insurance holding company, underwrites workers' compensation insurance in the United States. The company's workers' compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It serves small to mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. The company was incorporated in 1985 and is based in DeRidder, Louisiana.Show more
  • Revenue$317M+2.6%
  • Combined Ratio81.45%+4.9%
  • Net Income$47M-15.0%
  • Return on Equity18.53%-8.1%
  • Medical Cost Ratio53.57%-8.5%
  • Operating Margin18.55%-17.0%
  • Net Margin14.86%-17.1%
  • ROA4.53%-11.9%
  • Equity / Assets24.36%-0.6%

AMSF Key Insights

AMERISAFE, Inc. (AMSF) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Profitable underwriting: 81.4% combined ratio
  • ✓Strong Piotroski F-Score: 7/9
  • ✓13 consecutive years of dividend growth
  • ✓Low loss ratio of 53.6%
  • ✓Good 3Y average ROE of 19.7%

✗Weaknesses

  • ✗Profits declining 11.5% over 5 years
  • ✗Dividend payout exceeds 100% of earnings
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Get notified when AMSF posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

Free. Unsubscribe any time.

AMSF Price & Volume

AMERISAFE, Inc. (AMSF) stock price & volume — 10-year historical chart

Loading chart...

AMSF Growth Metrics

AMERISAFE, Inc. (AMSF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-2.33%
5 Years-1.35%
3 Years2.49%
TTM7.82%

Profit CAGR

10 Years-3.94%
5 Years-11.45%
3 Years-5.35%
TTM-2.36%

EPS CAGR

10 Years-3.93%
5 Years-11.19%
3 Years-4.99%
TTM-2.02%

Return on Capital

10 Years11.82%
5 Years16.53%
3 Years17.68%
Last Year16.79%

AMSF Recent Earnings

AMERISAFE, Inc. (AMSF) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 22, 2026
Metric
Actual
Est
EPS
$0.50-3.8%
$0.52
Rev
$89M-2.2%
$90M
Q1 2026
Feb 25, 2026
Metric
Actual
Est
EPS
$0.51-10.5%
$0.57
Rev
$70M+4.4%
$67M
Q4 2025
Oct 29, 2025
Metric
Actual
Est
EPS
$0.55+0.0%
$0.55
Rev
$82M+2.4%
$80M
Q3 2025
Jul 24, 2025
Metric
Actual
Est
EPS
$0.53-3.6%
$0.55
Rev
$81M+3.8%
$78M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 22, 2026
$0.50vs $0.52-3.8%
$89Mvs $90M-2.2%
Q1 2026Feb 25, 2026
$0.51vs $0.57-10.5%
$70Mvs $67M+4.4%
Q4 2025Oct 29, 2025
$0.55vs $0.55+0.0%
$82Mvs $80M+2.4%
Q3 2025Jul 24, 2025
$0.53vs $0.55-3.6%
$81Mvs $78M+3.8%
Based on last 12 quarters of dataView full earnings history →

AMSF Peer Comparison

AMERISAFE, Inc. (AMSF) competitors in Specialty Commercial P&C Carriers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
KNTK logoKNTKKinetik Holdings Inc.Direct Competitor3.2B46.5317.6918.98%13.17%10.9%1.32
EIG logoEIGEmployers Holdings, Inc.Direct Competitor1.09B46.55103.44-2.55%0.95%0.83%0.04
ACGL logoACGLArch Capital Group Ltd.Direct Competitor32.48B91.187.8514.27%22.07%19.02%0.11
HIG logoHIGThe Hartford Financial Services Group, Inc.Product Competitor35.27B128.259.637.1%14.13%22.01%0.23
TRV logoTRVThe Travelers Companies, Inc.Product Competitor66.56B307.8111.225.17%12.88%19.12%0.28
WRB logoWRBW. R. Berkley CorporationProduct Competitor25.16B67.1815.107.82%12.1%18.86%0.29
SIGI logoSIGISelective Insurance Group, Inc.Product Competitor5.55B92.3112.349.78%8.39%12.93%0.25
CINF logoCINFCincinnati Financial CorporationProduct Competitor26.5B170.2011.2211.41%21.34%17.98%0.06

Compare AMSF vs Peers

AMERISAFE, Inc. (AMSF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KNTK

Most directly comparable listed peer for AMSF.

Scale Benchmark

vs MMC

Larger-name benchmark to compare AMSF against a more recognizable public peer.

Peer Set

Compare Top 5

vs KNTK, EIG, ACGL, HIG

AMSF Income Statement

AMERISAFE, Inc. (AMSF) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue
375.21M377.75M370.37M339.5M316.01M294.69M306.91M309.11M317.25M324.76M
Revenue Growth %
-5.41%0.68%-1.95%-8.33%-6.92%-6.75%4.15%0.72%2.63%7.82%
Medical Costs & Claims
234.14M231.05M201.35M0160.8M152.32M0181.02M169.94M170.16M
Medical Cost Ratio %
62.4%61.16%54.37%0%50.88%51.69%0%58.56%53.57%52.4%
Gross Profit
141.07M▲ 0%
146.7M▲ 4.0%
169.02M▲ 15.2%
339.5M▲ 100.9%
155.22M▼ 54.3%
142.38M▼ 8.3%
306.91M▲ 115.6%
128.09M▼ 58.3%
147.31M▲ 15.0%
154.57M▲ 0%
Gross Margin %
37.6%38.84%45.63%100%49.12%48.31%100%41.44%46.43%47.59%
Gross Profit Growth %
-17.69%3.99%15.21%100.87%-54.28%-8.27%115.56%-58.26%15.01%-
Operating Expenses
58.83M59.12M53.5M232.59M75.77M74.73M229.53M59.04M88.46M96.78M
OpEx / Revenue %
15.68%15.65%14.45%68.51%23.98%25.36%74.79%19.1%27.88%29.8%
Depreciation & Amortization
984K996K942K01.02M1.31M1.43M1.09M742K528K
Combined Ratio %
78.08%76.82%68.81%68.51%74.86%77.05%74.79%77.66%81.45%82.19%
Operating Income
82.24M▲ 0%
87.58M▲ 6.5%
115.52M▲ 31.9%
106.92M▼ 7.4%
79.45M▼ 25.7%
67.65M▼ 14.9%
77.38M▲ 14.4%
69.06M▼ 10.8%
58.85M▼ 14.8%
57.79M▲ 0%
Operating Margin %
21.92%23.18%31.19%31.49%25.14%22.95%25.21%22.34%18.55%17.79%
Operating Income Growth %
-27.11%6.49%31.9%-7.44%-25.69%-14.86%14.39%-10.75%-14.78%-
EBITDA
83.22M88.58M116.46M106.92M80.47M68.95M78.8M70.15M59.59M58.32M
EBITDA Margin %
22.18%23.45%31.44%31.49%25.46%23.4%25.68%22.69%18.78%17.96%
Interest Expense
0000000000
Non-Operating Income
00000078.8M000
Pretax Income
82.24M▲ 0%
87.58M▲ 6.5%
115.52M▲ 31.9%
106.92M▼ 7.4%
79.45M▼ 25.7%
67.65M▼ 14.9%
77.38M▲ 14.4%
69.06M▼ 10.8%
58.85M▼ 14.8%
57.79M▲ 0%
Pretax Margin %
21.92%23.18%31.19%31.49%25.14%22.95%25.21%22.34%18.55%17.79%
Income Tax
36.01M15.95M22.83M20.32M13.69M12.04M15.27M13.62M11.71M11.45M
Effective Tax Rate %
43.79%18.21%19.76%19%17.23%17.8%19.73%19.72%19.89%19.81%
Net Income
46.23M▲ 0%
71.63M▲ 54.9%
92.69M▲ 29.4%
86.6M▼ 6.6%
65.76M▼ 24.1%
55.6M▼ 15.4%
62.11M▲ 11.7%
55.44M▼ 10.7%
47.15M▼ 15.0%
46.34M▲ 0%
Net Margin %
12.32%18.96%25.03%25.51%20.81%18.87%20.24%17.93%14.86%14.27%
Net Income Growth %
-40.63%54.94%29.4%-6.57%-24.07%-15.44%11.7%-10.74%-14.96%-2.36%
EPS (Diluted)
2.40▲ 0%
3.71▲ 54.6%
4.80▲ 29.4%
4.47▼ 6.9%
3.39▼ 24.2%
2.88▼ 15.0%
3.23▲ 12.2%
2.89▼ 10.5%
2.47▼ 14.5%
2.46▲ 0%
EPS Growth %
-40.74%54.58%29.38%-6.88%-24.16%-15.04%12.15%-10.53%-14.53%-2.02%
EPS (Basic)
2.413.734.824.493.402.893.242.912.48-
Diluted Shares Outstanding
19.25M19.29M19.33M19.36M19.41M19.32M19.23M19.16M19.08M18.86M

AMSF Balance Sheet

AMERISAFE, Inc. (AMSF) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets
1.43B1.42B1.42B1.38B1.3B1.15B1.11B1.05B1.03B209.44M
Asset Growth %
-0.63%-0.96%-0.4%-2.16%-6.06%-11.36%-3.9%-5.27%-1.62%-94.55%
Total Investment Assets
1.13B1.13B1.13B1.09B1.01B888.99M857.79M788.78M734.86M4M
Long-Term Investments
1.13B1.13B1.13B1.09B1.01B888.99M857.79M788.78M734.86M2.26B
Short-Term Investments
000000000314.21M
Total Current Assets
229.79M202.82M201.77M218.52M205.82M183.18M171.54M186.7M222.87M530.84M
Cash & Equivalents
55.56M40.34M43.81M61.76M70.72M61.47M38.68M44.05M61.93M34.23M
Receivables
174.23M162.48M157.95M156.76M135.1M121.71M132.86M142.66M160.94M670.38M
Other Current Assets
432.38M365.56M345.2M397.94M379.86M276.88M271.6M278.66M07.2M
Goodwill & Intangibles
0000000021.09M21.09M
Goodwill
01.09B01.06B987.78M00000
Intangible Assets
0000000021.09M0
PP&E (Net)
6.13M6.26M6.76M6.5M6.65M7.33M6.38M6.16M7.5M7.14M
Other Assets
42.61M47.5M45.94M37.63M42.73M41.31M43.09M39.68M18.56M0
Total Liabilities
1.09B1.11B1.06B1.03B1B951.85M936.71M900.45M878.95M-913.52M
Total Debt
00000000491K0
Net Debt
-55.56M-40.34M-43.81M-61.76M-70.72M-61.47M-38.68M-44.05M-61.44M-34.23M
Long-Term Debt
0000000000
Short-Term Debt
0000000000
Total Current Liabilities
0000801.34M747.85M687.71M680.77M700.73M0
Accounts Payable
37.08M38.61M40.09M037.88M38.06M0000
Deferred Revenue
0000121.09M114.98M116.58M121.93M135.5M0
Other Current Liabilities
-41.35M-31.67M-26.19M-417K642.36M594.81M571.13M558.85M565.23M0
Deferred Taxes
0000000000
Other Liabilities
0000202.06M204M249M219.68M178.22M-913.52M
Total Equity
425.42M▲ 0%
409.76M▼ 3.7%
430.21M▲ 5.0%
438.82M▲ 2.0%
399.32M▼ 9.0%
317.43M▼ 20.5%
292.45M▼ 7.9%
257.34M▼ 12.0%
251.6M▼ 2.2%
1.12B▲ 0%
Equity Growth %
-6.74%-3.68%4.99%2%-9%-20.51%-7.87%-12.01%-2.23%303.96%
Shareholders Equity
425.42M409.76M430.21M438.82M399.32M317.43M292.45M257.34M251.6M1.12B
Minority Interest
0000000000
Retained Earnings
233.9M221.33M227.16M224.65M190.49M145.51M114.29M84.11M82.85M0
Common Stock
204K205K205K206K206K207K207K207K208K208K
Accumulated OCI
3.61M-832K12.21M21.02M13.54M-13.83M-7.19M-8.88M-3.22M-5.67M
Return on Equity (ROE)
10.49%17.15%22.07%19.93%15.69%15.51%20.37%20.17%18.53%9.68%
Return on Assets (ROA)
3.21%5.02%6.54%6.19%4.9%4.53%5.49%5.14%4.53%5.56%
Equity / Assets
29.65%28.84%30.4%31.69%30.7%27.53%26.39%24.51%24.36%536.18%
Debt / Equity
--------0.00x0.00x
Book Value per Share
22.1021.2422.2622.6620.5716.4315.2113.4313.1859.53
Tangible BV per Share
22.10-35.2722.26-32.27-30.3216.4315.2113.4312.0859.53

AMSF Cash Flow Statement

AMERISAFE, Inc. (AMSF) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
130.81M98.27M78.82M63.4M37.98M28.19M29.84M24.19M11.07M10.16M
Operating CF Growth %
14.53%-24.88%-19.79%-19.57%-40.09%-25.76%5.85%-18.94%-54.24%-251.75%
Operating CF / Revenue %
34.86%26.01%21.28%18.67%12.02%9.57%9.72%7.83%3.49%3.13%
Net Income
46.23M71.63M92.69M86.6M65.76M55.6M62.11M55.44M47.15M46.34M
Depreciation & Amortization
984K996K942K1.01M1.02M1.31M1.43M1.09M742K703K
Stock-Based Compensation
2.02M2.06M2.35M3.3M2.32M2.48M1.56M2.94M2.91M2.42M
Deferred Taxes
12.8M-1.46M872K1.66M1.27M-1.14M628K1.4M372K364K
Other Non-Cash Items
14.66M14.41M3.98M2.87M-5.24M11.44M-4.84M-7.34M-6.23M-21.13M
Working Capital Changes
54.11M10.63M-22.02M-32.04M-27.14M-41.5M-31.04M-29.34M-33.86M-18.53M
Cash from Investing
-51.54M-29.06M11.69M43.37M70.96M75.43M43.88M72.37M68.42M46M
Capital Expenditures
-478K-1.13M-1.02M-921K-1.3M-2.09M-553K-840K-2.15M-2.17M
Acquisitions
-78.9M-100.11M-159.7M-104.56M23K-85.01M-44.44M000
Purchase of Investments
-401.81M-368.27M-345.9M-320.95M-271.18M-215.48M-133.68M-110.7M-67M-91.82M
Sale/Maturity of Investments
350.75M340.34M358.61M365.24M343.41M293M178.12M112.84M72.55M96.31M
Other Investing
78.9M100.11M159.7M104.56M085.01M44.44M71.07M65.02M43.69M
Cash from Financing
-82.64M-84.42M-87.04M-88.83M-99.97M-112.87M-96.51M-91.2M-61.61M-66.69M
Dividends Paid
-82.64M-84.49M-87.02M-88.78M-99.93M-100.43M-93.31M-85.44M-48.61M-48.95M
Share Repurchases
00-20K00-12.39M-2.17M-5.68M-12.1M-12.1M
Stock Issued
067K20K0000000
Debt Issuance (Net)
00-47K-50K-44K-58K-91K-85K-85K-64K
Other Financing
067K20K000-944K-554K-817K-5.58M
Net Change in Cash
-3.38M▲ 0%
-15.21M▼ 350.5%
3.47M▲ 122.8%
17.94M▲ 417.3%
8.96M▼ 50.0%
-9.25M▼ 203.2%
-22.79M▼ 146.3%
5.36M▲ 123.5%
17.88M▲ 233.4%
-10.53M▲ 0%
Exchange Rate Effect
0000000000
Cash at Beginning
58.94M55.56M40.34M43.81M61.76M70.72M61.47M38.68M44.05M61.93M
Cash at End
55.56M40.34M43.81M61.76M70.72M61.47M38.68M44.05M61.93M34.23M
Free Cash Flow
130.33M▲ 0%
97.14M▼ 25.5%
77.81M▼ 19.9%
62.48M▼ 19.7%
36.68M▼ 41.3%
26.11M▼ 28.8%
29.29M▲ 12.2%
23.35M▼ 20.3%
8.92M▼ 61.8%
7.99M▲ 0%
FCF Growth %
15.77%-25.47%-19.9%-19.7%-41.29%-28.84%12.2%-20.28%-61.79%-45.99%
FCF Margin %
34.74%25.72%21.01%18.4%11.61%8.86%9.54%7.55%2.81%2.46%
FCF per Share
6.775.044.033.231.891.351.521.220.470.42

AMSF Key Ratios

AMERISAFE, Inc. (AMSF) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Combined Ratio
78.08%76.82%68.81%68.51%74.86%77.05%74.79%77.66%81.45%82.19%
Medical Cost Ratio
62.4%61.16%54.37%0%50.88%51.69%0%58.56%53.57%52.4%
Return on Equity (ROE)
10.49%17.15%22.07%19.93%15.69%15.51%20.37%20.17%18.53%9.68%
Return on Assets (ROA)
3.21%5.02%6.54%6.19%4.9%4.53%5.49%5.14%4.53%5.56%
Equity / Assets
29.65%28.84%30.4%31.69%30.7%27.53%26.39%24.51%24.36%536.18%
Book Value / Share
22.121.2422.2622.6620.5716.4315.2113.4313.1859.53
Debt / Equity
--------0.00x0.00x
Revenue Growth
-5.41%0.68%-1.95%-8.33%-6.92%-6.75%4.15%0.72%2.63%7.82%
Related:AMSF Dividend History·AMSF Revenue History·AMSF Price History·AMSF P/E History·AMSF Financial Ratios·AMSF Institutional Holders

AMSF SEC Filings & Documents

AMERISAFE, Inc. (AMSF) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 22, 2026·SEC

Material company update

Apr 16, 2026·SEC

Material company update

Feb 25, 2026·SEC

10-K Annual Reports

5
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 23, 2026·SEC

FY 2025

Oct 30, 2025·SEC

FY 2025

Jul 25, 2025·SEC

AMSF Frequently Asked Questions

AMERISAFE, Inc. (AMSF) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

AMERISAFE, Inc. (AMSF) grew revenue by 2.6% over the past year. Growth has been modest.

Yes, AMERISAFE, Inc. (AMSF) is profitable, generating $46.3M in net income for fiscal year 2025 (14.9% net margin).

Dividend & Returns

Yes, AMERISAFE, Inc. (AMSF) pays a dividend with a yield of 8.13%. This makes it attractive for income-focused investors.

AMERISAFE, Inc. (AMSF) has a return on equity (ROE) of 18.5%. This is reasonable for most industries.

Industry Metrics

AMERISAFE, Inc. (AMSF) has a combined ratio of 81.4%. A ratio below 100% indicates underwriting profitability.

What if you invested $1,000 in AMSF back in 1995?

Total return calculator · dividends reinvested · 31+ years of data

See returns →

How much would $100/month in AMSF be worth today?

Dollar cost averaging calculator · DCA vs lump sum

Calculate →