The company maintains a conservative financial profile with a 0.38 debt-to-equity ratio, supporting a total equity base that grew to $5.9 billion by 2026Q1.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 |
|---|
| Total Assets | 33.55B | 36.29B | 35.02B | 33.64B | 33.12B | 33.92B | 44.65B | 44.29B | 41.09B | 31.84B | 29.71B | 30.08B | 31.56B | 29.71B | 28.95B | 27.12B | 26.4B | 25.84B | 24.51B | 26.75B | 25.17B | 25.37B | 24.5B | 23.73B | 22.63B |
| Asset Growth % | 5.96% | 3.62% | 4.12% | 1.56% | -2.37% | -24.03% | 0.81% | 7.79% | 29.04% | 7.18% | -1.22% | -4.71% | 6.22% | 2.65% | 6.75% | 2.72% | 2.15% | 5.41% | -8.36% | 6.3% | -0.79% | 3.52% | 3.27% | 4.83% | - |
| Total Investment Assets | 4M | 10.06B | 8.54B | 8.22B | 7.52B | 8.67B | 8.22B | 16.59B | 15.09B | 12.3B | 11.48B | 12.99B | 14.04B | 14.15B | 14.88B | 13.93B | 13.52B | 13.16B | 12.07B | 13.75B | 11.5B | 10.69B | 1.12B | 9.53B | 0 |
| Long-Term Investments | 33.28B | 7.34B | 1.09B | 6.11B | 1.09B | 1.21B | 7.4B | 15.13B | 13.69B | 11.06B | 10.22B | 11.22B | 12.11B | 12.22B | 12.95B | 12B | 11.44B | 10.93B | 9.77B | 11.17B | 10.17B | 10.63B | 10B | 9.46B | 0 |
| Short-Term Investments | 8.78B | 2.72B | 7.46B | 2.11B | 6.44B | 7.46B | 7.11B | 12.72B | 11.63B | 9.95B | 9.8B | 10.72B | 11.61B | 11.76B | 12.47B | 11.63B | 358.7M | 453.47M | 703.4M | 410.88M | 314.11M | 977.23M | 300.09M | 275.88M | 0 |
| Total Current Assets | 12.4B | 13.15B | 19.03B | 12.75B | 17.47B | 17.69B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash & Equivalents | 1.59B | 1.83B | 1.81B | 1.63B | 1.54B | 2.04B | 2.21B | 1.87B | 1.25B | 996.8M | 1.03B | 1.29B | 1.32B | 1.72B | 909.4M | 1.17B | 1.15B | 1.32B | 1.04B | 804.96M | 987.67M | 855.57M | 807.08M | 958.2M | 0 |
| Receivables | 29.1B | 8.6B | 9.76B | 9.01B | 9.49B | 8.19B | 8.15B | 11.29B | 10.81B | 11.15B | 10.32B | 8.76B | 8.72B | 6.83B | 7B | 6.06B | 542.93M | 507.93M | 557.34M | 606.39M | 612.01M | 458.66M | 435.46M | 4.95B | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | -17.47B | -25.88B | -23.69B | -22.1B | -21.15B | -20.77B | -21.64B | -20.31B | -20.39B | -18.86B | -2.05B | -2.28B | -2.3B | -1.82B | -1.91B | -2.29B | -1.54B | -6.19B | 0 |
| Goodwill & Intangibles | 42.63B | 13.36B | 13.14B | 13.23B | 13.18B | 12.69B | 4.44B | 4.89B | 6.1B | 1.23B | 1.1B | 1.15B | 1.27B | 1.19B | 965.82M | 1.01B | 1.01B | 1.02B | 1B | 832.66M | 790.52M | 804.86M | 993.72M | 828.52M | 0 |
| Goodwill | 2.65B | 2.65B | 2.62B | 2.61B | 2.6B | 2.57B | 2.59B | 2.34B | 2.32B | 917.7M | 830.9M | 833.51M | 841.24M | 784.56M | 640.71M | 639.1M | 619.78M | 926.4M | 1B | 832.66M | 790.52M | 804.86M | 823.05M | 828.52M | 0 |
| Intangible Assets | 511.1M | 10.71B | 10.53B | 10.62B | 10.58B | 10.11B | 1.85B | 2.54B | 3.78B | 313M | 272.4M | 318.32M | 427.42M | 408.19M | 325.1M | 374.85M | 393.72M | 94.63M | 0 | 0 | 0 | 0 | 993.72M | 0 | 0 |
| PP&E (Net) | 0 | 841.7M | 768.3M | 685.8M | 645.1M | 561.4M | 446.1M | 433.7M | 392.5M | 347.6M | 343.6M | 298.41M | 277.64M | 253.63M | 250.8M | 242.91M | 267.17M | 275.42M | 278.62M | 275.78M | 275.2M | 267.72M | 277.09M | 283.76M | 0 |
| Other Assets | 19.08B | 1.6B | 991.7M | 862.3M | 738.3M | 1.78B | -12.28B | -20.46B | -20.19B | -12.64B | -11.67B | -12.67B | -13.65B | -13.67B | -14.16B | -13.25B | -12.72B | -12.23B | -11.05B | -12.28B | -11.24B | -11.7B | -11.28B | -10.57B | 0 |
| Total Liabilities | 29.9B | 30.42B | 29.91B | 28.83B | 28.89B | 28.46B | 38.7B | 38.61B | 35.96B | 27.56B | 25.61B | 25.55B | 26.38B | 24.88B | 23.76B | 22.09B | 21.62B | 20.99B | 20.81B | 22.64B | 21.31B | 21.64B | 20.84B | 20.88B | 20.08B |
| Total Debt | 2.21B | 2.21B | 2.08B | 2.08B | 2.13B | 2.2B | 2.25B | 2.01B | 2.01B | 1.07B | 1.07B | 1.17B | 1.17B | 1.64B | 972.4M | 972.28M | 972.16M | 972.06M | 971.96M | 1.51B | 971.77M | 971.69M | 1.51B | 1.75B | 0 |
| Net Debt | 615.8M | 372.8M | 275.4M | 453M | 593.2M | 161.7M | 45.3M | 139.8M | 752M | 71.4M | 35M | -123.65M | -147.58M | -79.07M | 62.99M | -194.44M | -178.35M | -346.49M | -68.73M | 166.9M | 350.06M | 116.12M | 164.53M | 791.8M | 0 |
| Long-Term Debt | 2.21B | 2.21B | 2.08B | 2.08B | 1.91B | 2.2B | 2.25B | 2.01B | 2.01B | 1.07B | 1.07B | 1.16B | 1.17B | 1.64B | 972.4M | 972.28M | 972.16M | 972.06M | 971.96M | 971.86M | 971.77M | 971.69M | 971.61M | 1.75B | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 224.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 23.89B | 23.96B | 23.47B | 23.74B | 21.73B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Payable | 0 | 2.1B | 2.91B | 2.42B | 2.7B | 2.05B | 1.97B | 3.05B | 3.14B | 3.93B | 3.4B | 4.03B | 3.86B | 3.5B | 4.06B | 3.57B | 1.44B | 1.48B | 1.52B | 1.44B | 1.38B | 1.35B | 1.33B | 1.36B | 0 |
| Deferred Revenue | 20.9B | 20.88B | 20.21B | 20.11B | 19.8B | 18.62B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 134.03M | 154.49M | 164.9M | 187.36M | 216.77M | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | -20.9B | 266.4M | 277.7M | 392.7M | 366.6M | 364.2M | -2.67B | -3.59B | -3.48B | -4.29B | -3.78B | -4.42B | -4.34B | -3.93B | -4.4B | -3.99B | -5.27B | -5.26B | -5.24B | -5.22B | -5.13B | -5.66B | -5.39B | -3.99B | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 0 |
| Other Liabilities | 2.11B | 4.32B | 3.87B | 3.28B | 3.24B | 4.52B | -2.25B | -2.01B | -2.06B | -1.2B | -1.3B | -1.26B | -1.27B | -1.87B | -1.25B | -1.14B | -972.16M | -972.06M | -971.96M | -1.08B | -1.39B | -1.02B | -975.84M | -1.75B | 0 |
| Total Equity | 5.87B | 5.87B | 5.11B | 4.81B | 4.23B | 5.46B | 5.95B | 5.68B | 5.13B | 4.28B | 4.1B | 4.52B | 5.18B | 4.83B | 5.19B | 5.03B | 4.78B | 4.85B | 3.71B | 4.11B | 3.85B | 3.72B | 3.66B | 2.85B | 2.56B |
| Equity Growth % | 46.56% | 14.98% | 6.18% | 13.73% | -22.61% | -8.24% | 4.8% | 10.68% | 19.91% | 4.48% | -9.41% | -12.69% | 7.2% | -6.79% | 3.15% | 5.15% | -1.5% | 30.83% | -9.75% | 6.62% | 3.52% | 1.75% | 28.29% | 11.64% | - |
| Shareholders Equity | 5.87B | 5.87B | 5.11B | 4.81B | 4.23B | 5.46B | 5.95B | 5.65B | 5.11B | 4.27B | 4.1B | 4.52B | 5.18B | 4.83B | 5.19B | 5.03B | 4.78B | 4.85B | 3.71B | 4.09B | 3.83B | 3.7B | 3.64B | 2.63B | 2.56B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 3.4M | 29.3M | 21.9M | 10.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.16M | 22.16M | 24.16M | 24.16M | 220.38M | 0 |
| Retained Earnings | 4.95B | 4.83B | 4.38B | 4.03B | 3.7B | 4.04B | 3.55B | 5.97B | 5.76B | 4.04B | 4B | 4.41B | 4.63B | 4.41B | 4B | 3.59B | 3.26B | 3.05B | 2.65B | 2.27B | 1.68B | 1.01B | 569.61M | 248.72B | 0 |
| Common Stock | 6.5B | 500K | 500K | 600K | 600K | 700K | 600K | 1.6M | 1.6M | 1.5M | 1.5M | 1.5M | 1.49M | 1.48M | 1.47M | 1.46M | 1.45M | 1.45M | 1.44M | 1.44M | 1.43M | 1.43M | 1.42M | 1.09M | 0 |
| Accumulated OCI | -629M | -544.2M | -836.1M | -765M | -986.2M | -150M | 709.8M | 411.5M | -155.4M | 234M | 94.6M | 118.55M | 555.77M | 426.83M | 830.4M | 554.87M | 285.52M | 65.92M | -670.95M | 53.91M | 88.06M | 219.5M | 338.16M | 318.53M | 0 |
| Return on Equity (ROE) | 17.4% | 15.9% | 15.33% | 14.22% | 5.71% | 23.85% | 7.58% | 7.07% | 5.33% | 12.4% | 13.11% | 2.92% | 9.4% | 9.76% | 9.47% | 10.99% | 5.8% | 10.06% | 11.45% | 16.42% | 18.93% | 12.98% | 10.77% | 6.87% | -39.18% |
| Return on Assets (ROA) | 2.83% | 2.45% | 2.21% | 1.93% | 0.83% | 3.47% | 0.99% | 0.9% | 0.69% | 1.69% | 1.89% | 0.46% | 1.54% | 1.67% | 1.73% | 2.01% | 1.07% | 1.71% | 1.75% | 2.52% | 2.84% | 1.92% | 1.45% | 0.8% | -4.42% |
| Equity / Assets | 17.5% | 16.18% | 14.58% | 14.3% | 12.77% | 16.11% | 13.34% | 12.83% | 12.49% | 13.45% | 13.79% | 15.04% | 16.42% | 16.27% | 17.91% | 18.54% | 18.11% | 18.78% | 15.13% | 15.36% | 15.32% | 14.68% | 14.93% | 12.02% | 11.29% |
| Debt / Equity | 0.38x | 0.38x | 0.41x | 0.43x | 0.50x | 0.40x | 0.38x | 0.35x | 0.39x | 0.25x | 0.26x | 0.26x | 0.23x | 0.34x | 0.19x | 0.19x | 0.20x | 0.20x | 0.26x | 0.37x | 0.25x | 0.26x | 0.41x | 0.61x | - |
| Book Value per Share | 116.93 | 116.97 | 97.12 | 89.42 | 77.19 | 90.88 | 94.25 | 91.19 | 86.22 | 77.41 | 66.17 | 65.55 | 70.83 | 62.24 | 60.78 | 51.40 | 42.89 | 40.96 | 31.22 | 33.85 | 29.93 | 27.19 | 26.43 | 26.12 | 23.39 |
| Tangible BV per Share | 53.86 | -149.10 | -152.86 | -156.51 | -163.43 | -120.10 | 24.01 | 12.75 | -16.26 | 55.16 | 48.35 | 48.86 | 53.49 | 46.88 | 49.46 | 41.03 | 33.79 | 32.34 | 22.78 | 26.99 | 23.79 | 21.31 | 13.31 | 18.53 | 23.39 |
Catastrophic loss volatility
As reported in recent financial statements, Assurant has grown its total equity from $4.8 billion in 2023Q4 to $5.9 billion by 2026Q1, suggesting a consistent ability to retain earnings and strengthen the balance sheet despite the inherent volatility of its specialty insurance underwriting operations.
The steady accumulation of equity indicates that the company is successfully generating capital in excess of its dividend and share repurchase requirements. This trajectory suggests a strengthening financial position that provides a larger buffer against potential underwriting shocks in the Global Housing segment.
According to quarterly filings, claims and loss reserves have fluctuated between $599.1 million and $779.7 million over the last ten quarters, reflecting the company's sensitivity to seasonal catastrophic events and the inherent unpredictability of its specialty property and mobile protection claims cycles.
The variance in reserve levels appears to correlate with the timing of weather-related events, which can cause rapid spikes in loss obligations. Investors should monitor whether these reserve levels remain adequate to cover long-tail liabilities as the company expands its footprint in complex mobile and vehicle protection markets.
Based on reported figures, Assurant maintains a debt-to-equity ratio of approximately 0.38, which suggests a highly conservative capital structure that provides significant flexibility for future strategic acquisitions or further capital returns to shareholders without compromising the firm's overall solvency profile.
This low leverage ratio appears to be a deliberate management choice, positioning the company to absorb potential market downturns or regulatory shifts in the mortgage servicing space. The current capitalization level warrants further investigation into whether management intends to deploy this excess capacity for inorganic growth.
Data from recent periods indicates that total liabilities have grown to $29.9 billion as of 2026Q1, which may suggest an increasing reliance on policyholder-related obligations that could become sensitive to inflationary pressures on repair costs and replacement device pricing in the Global Lifestyle segment.
While the balance sheet appears healthy, the concentration of liabilities in service-heavy segments implies that the company is exposed to operational inflation rather than just traditional insurance risk. This shift may indicate that the firm's long-term profitability is increasingly tied to supply chain efficiency rather than pure underwriting discipline.
Quick answers to the most common questions about buying AIZ stock.
As of 2025, Assurant, Inc. (AIZ) had total assets of $36.29B including $13.15B in current assets.
Assurant, Inc. (AIZ) carries total debt of $2.21B, offset by $4.55B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Assurant, Inc. (AIZ) has total shareholders' equity (book value) of $5.87B ($116.97 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Assurant, Inc. (AIZ) reported a current ratio of 0.55x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.