ASPEN INSURANCE HOLDINGS LTD(AHL)Earnings, Financials & Key Ratios
AHL•NYSE•Insurance & Managed Care
$37.50
7.9× P/E·Price updated Jun 20, 2026
SectorFinancial ServicesIndustryProperty & Casualty InsuranceSub-IndustryReinsurers and hybrid reinsurance groups
AboutAspen Insurance Holdings Limited, together with its subsidiaries, engages in the insurance and reinsurance businesses in Australia, Asia, the United Kingdom, Ireland, rest of Europe, the United States, Canada, and internationally. It offers various reinsurance and retrocession products, including property catastrophe reinsurance, other property reinsurance, casualty reinsurance, and specialty reinsurance; and various insurance products, such as first party insurance, specialty insurance, casualty insurance, financial and professional lines insurance, and other insurance. The company offers its products primarily through brokers and reinsurance intermediaries. The company was formerly known as Exali Reinsurance Holdings Ltd and changed its name to Aspen Insurance Holdings Limited in November 2002. Aspen Insurance Holdings Limited was incorporated in 2002 and is headquartered in Hamilton, Bermuda.Show more
- Revenue$3.2B+10.5%
- Combined Ratio85.48%-0.7%
- Net Income$486M-9.1%
- Return on Equity15.48%-23.8%
- Medical Cost Ratio66.87%+0.1%
- Operating Margin14.52%+4.4%
- Net Margin15.2%-17.7%
- ROA3.14%-10.8%
- Equity / Assets21.41%+12.1%
AHL Price & Volume
ASPEN INSURANCE HOLDINGS LTD (AHL) stock price & volume — 10-year historical chart
Loading chart...
Disciplined Underwriting Offsets Persistent Casualty Reserve Volatility
Investment Thesis • Updated 2025Q3
VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial Position:Healthy
Cash Flow:Mixed
Primary Risk:Social inflation and cat-losses
"Aspen Insurance Holdings demonstrates improved underwriting discipline, evidenced by a 81.0% combined ratio in 2025Q3, yet remains susceptible to cyclical revenue fluctuations and the long-term impact of social inflation on casualty claims. While the firm has successfully expanded its equity base to $3.5 billion, investors should monitor the sustainability of capital returns given the recent volatility in operating cash flow. The company's lean debt-to-equity ratio of 0.11% provides a buffer, but the potential for reserve strengthening remains a critical risk factor for long-term profitability."
Verdict Logic
while the current P/B ratio of 1.01 and a 5.7% dividend yield appear attractive, the historical loss ratio peak of 86.0% suggests that potential reserve adjustments could impair future earnings.
AHL Growth Metrics
ASPEN INSURANCE HOLDINGS LTD (AHL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years2%
5 Years5.66%
3 Years7.33%
TTM6.63%
Profit CAGR
10 Years3.19%
5 Years-
3 Years153.61%
TTM-2.81%
EPS CAGR
10 Years-0.15%
5 Years-
3 Years111.79%
TTM-17.8%
Return on Capital
10 Years0.51%
5 Years1.09%
3 Years1.82%
Last Year3%
AHL Recent Earnings
ASPEN INSURANCE HOLDINGS LTD (AHL) EPS & revenue vs analyst estimates — last 2 quarters
●Beat EPS 2/2 qtrs (100%)●Beat Revenue 1/2 qtrs (50%)
Q4 2025Latest
Nov 13, 2025Metric
Actual
Est
EPS
$1.08+0.9%
$1.07
Rev
$822M+9.4%
$751M
Q3 2025
Aug 7, 2025Metric
Actual
Est
EPS
$1.22+7.0%
$1.14
Rev
$714M-7.8%
$775M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Nov 13, 2025 | $1.08vs $1.07+0.9% | $822Mvs $751M+9.4% |
| Q3 2025 | Aug 7, 2025 | $1.22vs $1.14+7.0% | $714Mvs $775M-7.8% |
Based on last 2 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for ASPEN INSURANCE HOLDINGS LTD (AHL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $37.50 | $3.44B | 7.89 | 10.46% | 15.2% | 15.48% | 5.72% | |
| $319.59 | $13.79B | 5.64 | 9.45% | 26.93% | 16.59% | — | |
| $97.54 | $34.08B | 8.39 | 14.27% | 24.73% | 20.48% | — | |
| $1920.06 | $24.03B | 11.35 | -0.96% | 10.7% | 9.56% | — | |
| $18.83 | $320.12M | -7.03 | 201.72% | -62.45% | -46.76% | — | |
| $133.89 | $36.82B | 10.05 | 7.1% | 14.13% | 22.01% | — |
Compare AHL vs Peers
ASPEN INSURANCE HOLDINGS LTD (AHL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Get notified when AHL posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
AHL Frequently Asked Questions
ASPEN INSURANCE HOLDINGS LTD (AHL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is ASPEN INSURANCE HOLDINGS LTD growing?
ASPEN INSURANCE HOLDINGS LTD (AHL) grew revenue by 10.5% over the past year. This is steady growth.
Is AHL profitable?
Yes, ASPEN INSURANCE HOLDINGS LTD (AHL) is profitable, generating $453.9M in net income for fiscal year 2024 (15.2% net margin).
Dividend & Returns
Does AHL pay dividends?
Yes, ASPEN INSURANCE HOLDINGS LTD (AHL) pays a dividend with a yield of 5.72%. This makes it attractive for income-focused investors.
What is AHL's return on equity?
ASPEN INSURANCE HOLDINGS LTD (AHL) has a return on equity (ROE) of 15.5%. This is reasonable for most industries.
Industry Metrics
What is ASPEN INSURANCE HOLDINGS LTD's combined ratio?
ASPEN INSURANCE HOLDINGS LTD (AHL) has a combined ratio of 85.5%. A ratio below 100% indicates underwriting profitability.