American Integrity maintains a fortress-like balance sheet with a 0.00% debt-to-equity ratio, providing a stable foundation for its $335.5 million in total equity.
| Total Assets | 1.18B | 1.23B | 1.2B | 862.03M |
| Asset Growth % | 5.8% | 2.25% | 38.99% | - |
| Total Investment Assets | 4M | 366.73M | 214.04M | 0 |
| Long-Term Investments | 561.76M | 366.73M | 214.04M | -195.16M |
| Short-Term Investments | 0 | 0 | 89.03M | 195.16M |
| Total Current Assets | 215.61M | 248.93M | 0 | 845.56M |
| Cash & Equivalents | 171.18M | 203.9M | 173.22M | 61.65M |
| Receivables | 972.81M | 45.03M | 513.69M | 362.83M |
| Other Current Assets | 0 | 0 | -1.04B | 0 |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| PP&E (Net) | 42.09M | 6.17M | 4.34M | 5.82M |
| Other Assets | 0 | -366.73M | -218.39M | 205.82M |
| Total Liabilities | 839.57M | 888.05M | 1.04B | 728.07M |
| Total Debt | 515K | 1.08M | 3.64M | 6.08M |
| Net Debt | -170.67M | -202.83M | -169.58M | -55.56M |
| Long-Term Debt | 515K | 618K | 617K | 1.03M |
| Short-Term Debt | 0 | 0 | 412K | 412K |
| Total Current Liabilities | 4.73M | 2.68M | 88.69M | 66.61M |
| Accounts Payable | 0 | 0 | 56.35M | 61.06M |
| Deferred Revenue | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.73M | 2.68M | 31.93M | 5.14M |
| Deferred Taxes | 0 | 0 | 1000K | 1000K |
| Other Liabilities | 834.32M | 884.75M | 942.71M | 652.56M |
| Total Equity | 335.48M | 337.02M | 162.39M | 133.97M |
| Equity Growth % | 187.85% | 107.54% | 21.22% | - |
| Shareholders Equity | 335.48M | 337.02M | 162.39M | 133.97M |
| Minority Interest | 0 | 0 | 0 | 0 |
| Retained Earnings | 229.12M | 229.18M | 152.43M | 124.71M |
| Common Stock | 20K | 20K | 10.29M | 10.29M |
| Accumulated OCI | 184K | 1.93M | -327K | -1.03M |
| Return on Equity (ROE) | 25.25% | 39.9% | 26.82% | 28.21% |
| Return on Assets (ROA) | 6% | 8.22% | 3.86% | 4.38% |
| Equity / Assets | 28.55% | 27.51% | 13.55% | 15.54% |
| Debt / Equity | 0.00x | 0.00x | 0.02x | 0.05x |
| Book Value per Share | 17.13 | 19.55 | 8.29 | 6.84 |
| Tangible BV per Share | 17.13 | 19.55 | 8.29 | 6.84 |
Florida catastrophe concentration risk
As reported in recent financial statements, American Integrity has successfully expanded its equity base from $134.0 million in 2024Q1 to $335.5 million by 2026Q1, reflecting a consistent trajectory of capital accumulation that supports the company's aggressive 35.30% year-over-year revenue growth and strengthens its overall solvency position.
The consistent growth in equity suggests that the company is successfully retaining earnings to bolster its surplus rather than relying on external financing. This trend indicates a strengthening balance sheet that appears well-positioned to absorb the volatility inherent in the Florida property insurance market.
Based on the provided quarterly data, loss reserves have fluctuated significantly, peaking at $44.6 million in 2024Q4, which highlights the inherent sensitivity of American Integrity's balance sheet to the timing of claims settlements and the seasonal nature of catastrophe-related loss development within its core Florida residential portfolio.
The variance in loss reserves suggests that the company's liability profile is highly reactive to external environmental factors. Investors should monitor whether these fluctuations represent prudent reserve strengthening or if they indicate potential challenges in accurately estimating long-tail liabilities in a high-inflation environment.
According to the company's reported figures, American Integrity maintains a 0.00% debt-to-equity ratio, a structural choice that provides a significant capital buffer and distinguishes the firm from peers who may rely on leverage to manage the high costs of reinsurance and regulatory capital requirements in Florida.
This debt-free status appears to be a core component of the company's risk management strategy, providing maximum flexibility to navigate periods of market stress. The absence of leverage suggests that the firm is prioritizing long-term solvency over short-term capital efficiency, which may be a critical advantage during major catastrophe events.
While the balance sheet appears robust, the firm's near-total geographic concentration in Florida, as indicated by its operational footprint, creates a non-obvious risk where a single major landfalling hurricane could rapidly deplete the $203.9 million cash reserve and necessitate significant capital calls or reinsurance recovery reliance.
This concentration suggests that the company's solvency is inextricably linked to the Florida regulatory and climatic environment. While the current capital position is strong, the lack of geographic diversification may limit the firm's ability to withstand a localized catastrophe event that exceeds the capacity of its existing reinsurance program.
Quick answers to the most common questions about buying AII stock.
As of 2025, American Integrity Insurance Group, Inc. (AII) had total assets of $1.23B including $248.9M in current assets.
American Integrity Insurance Group, Inc. (AII) carries total debt of $1.1M, offset by $203.9M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
American Integrity Insurance Group, Inc. (AII) has total shareholders' equity (book value) of $337.0M ($19.55 book value per share). Book value represents the net worth of the company belonging to common stock holders.
American Integrity Insurance Group, Inc. (AII) reported a current ratio of 92.89x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.