Assurant, Inc. (AIZ) Financial Ratios
24 years of historical data (2002–2025) · Financial Services · Insurance - Specialty
EV/EBITDA
↓
9.95
-6% vs avg
5yr avg: 10.58
30Y Low3.4·High14.3
P/FCF
↓
8.09
↓-32% vs avg
5yr avg: 11.96
30Y Low3.8·High116.7
P/B Ratio
↑
2.22
+17% vs avg
5yr avg: 1.89
30Y Low0.6·High2.2
ROE
↓
15.9%
↓+6% vs avg
5yr avg: 15.0%
30Y Low-39%·High24%
Debt/EBITDA
↓
1.65
↓-31% vs avg
5yr avg: 2.37
30Y Low0.8·High5.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
AIZ Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Assurant, Inc. trades at 14.9x earnings, 10% below its 5-year average of 16.5x, sitting at the 68th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a premium of 10%. On a free-cash-flow basis, the stock trades at 8.1x P/FCF, 32% below the 5-year average of 12.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $12.9B | $12.1B | $11.2B | $9.1B | $6.9B | $9.4B | $8.6B | $8.2B | $5.3B | $5.6B | $5.8B |
| Enterprise Value | $13.3B | $12.5B | $11.5B | $9.5B | $7.4B | $9.5B | $8.7B | $8.3B | $6.1B | $5.6B | $5.8B |
| P/E Ratio → | 14.94 | 13.85 | 14.75 | 14.10 | 24.76 | 15.28 | 20.33 | 21.35 | 21.19 | 10.74 | 10.17 |
| P/S Ratio | 1.01 | 0.94 | 0.94 | 0.81 | 0.67 | 0.92 | 0.90 | 0.86 | 0.67 | 0.88 | 0.81 |
| P/B Ratio | 2.22 | 2.06 | 2.20 | 1.88 | 1.62 | 1.71 | 1.45 | 1.44 | 1.04 | 1.30 | 1.40 |
| P/FCF | 8.09 | 7.56 | 10.09 | 9.69 | 16.69 | 15.77 | 7.05 | 6.27 | 9.28 | 11.91 | 116.68 |
| P/OCF | 7.05 | 6.59 | 8.41 | 7.96 | 11.48 | 11.99 | 6.41 | 5.78 | 8.11 | 10.52 | 42.75 |
P/E links to full P/E history page with 30-year chart
AIZ EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Assurant, Inc.'s enterprise value stands at 10.0x EBITDA, 6% below its 5-year average of 10.6x. The Financial Services sector median is 11.4x, placing the stock at a 13% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.97 | 0.97 | 0.85 | 0.73 | 0.94 | 0.90 | 0.87 | 0.76 | 0.90 | 0.81 |
| EV / EBITDA | 9.95 | 9.32 | 9.98 | 9.48 | 14.00 | 10.11 | 12.01 | 14.32 | 13.20 | 10.08 | 5.83 |
| EV / EBIT | 12.24 | 10.41 | 11.11 | 10.40 | 16.25 | 10.79 | 12.67 | 14.70 | 14.01 | 11.44 | 1.55 |
| EV / FCF | — | 7.80 | 10.34 | 10.17 | 18.13 | 16.04 | 7.09 | 6.38 | 10.59 | 12.06 | 117.39 |
AIZ Profitability
Margins and return-on-capital ratios measuring operating efficiency
Assurant, Inc. earns an operating margin of 8.5%, below the Financial Services sector average of 20.3%. Operating margins have expanded from 7.2% to 8.5% over the past 3 years, signaling improving operational efficiency. ROE of 15.9% indicates solid capital efficiency, compared to the sector median of 9.0%. ROIC of 14.0% represents solid returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 77.2% | 77.2% | 76.7% | 77.3% | 76.8% | 40.7% | 38.1% | 41.0% | 42.0% | 49.1% | 100.0% |
| Operating Margin | 8.5% | 8.5% | 7.8% | 7.2% | 3.4% | 7.6% | 6.0% | 4.8% | 4.2% | 7.0% | 12.7% |
| Net Profit Margin | 6.8% | 6.8% | 6.4% | 5.8% | 2.7% | 13.4% | 4.6% | 4.0% | 3.1% | 8.2% | 8.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.9% | 15.9% | 15.3% | 14.2% | 5.7% | 23.9% | 7.6% | 7.1% | 5.3% | 12.4% | 13.1% |
| ROA | 2.4% | 2.4% | 2.2% | 1.9% | 0.8% | 3.5% | 1.0% | 0.9% | 0.7% | 1.7% | 1.9% |
| ROIC | 14.0% | 14.0% | 13.1% | 12.0% | 5.0% | 10.0% | 7.3% | 5.8% | 4.9% | 7.9% | 15.9% |
| ROCE | 9.3% | 9.3% | 8.7% | 8.3% | 3.2% | 4.4% | 1.3% | 1.1% | 0.9% | 1.4% | 3.0% |
AIZ Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Assurant, Inc. carries a Debt/EBITDA ratio of 1.7x, which is manageable (61% below the sector average of 4.3x). Net debt stands at $373M ($2.2B total debt minus $1.8B cash). Interest coverage of 10.9x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.38 | 0.38 | 0.41 | 0.43 | 0.50 | 0.40 | 0.38 | 0.35 | 0.39 | 0.25 | 0.26 |
| Debt / EBITDA | 1.65 | 1.65 | 1.81 | 2.07 | 4.00 | 2.34 | 3.13 | 3.46 | 4.36 | 1.91 | 1.07 |
| Net Debt / Equity | — | 0.06 | 0.05 | 0.09 | 0.14 | 0.03 | 0.01 | 0.02 | 0.15 | 0.02 | 0.01 |
| Net Debt / EBITDA | 0.28 | 0.28 | 0.24 | 0.45 | 1.12 | 0.17 | 0.06 | 0.24 | 1.63 | 0.13 | 0.04 |
| Debt / FCF | — | 0.23 | 0.25 | 0.48 | 1.44 | 0.27 | 0.04 | 0.11 | 1.31 | 0.15 | 0.71 |
| Interest Coverage | 10.91 | 10.91 | 9.67 | 8.47 | 4.23 | 7.90 | 6.53 | 5.11 | 4.33 | 9.98 | 64.94 |
AIZ Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.55x is below 1.0, meaning current liabilities exceed current assets — though the company's $1.8B cash position helps mitigate short-term liquidity concerns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.55 | 0.55 | 0.79 | 0.54 | 0.74 | 0.81 | — | — | — | — | — |
| Quick Ratio | 0.55 | 0.55 | 0.79 | 0.54 | 0.74 | 0.81 | — | — | — | — | — |
| Cash Ratio | 0.19 | 0.19 | 0.39 | 0.16 | 0.34 | 0.44 | — | — | — | — | — |
| Asset Turnover | — | 0.35 | 0.34 | 0.33 | 0.31 | 0.30 | 0.22 | 0.22 | 0.19 | 0.20 | 0.24 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
AIZ Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Assurant, Inc. returns 3.6% to shareholders annually — split between a 1.3% dividend yield and 2.3% buyback yield. The payout ratio of 19.3% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 6.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.3% | 1.4% | 1.4% | 1.7% | 2.2% | 1.7% | 1.8% | 1.9% | 2.5% | 2.1% | 2.2% |
| Payout Ratio | 19.3% | 19.3% | 20.5% | 23.7% | 54.3% | 11.6% | 35.1% | 39.6% | 53.3% | 22.9% | 22.2% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.7% | 7.2% | 6.8% | 7.1% | 4.0% | 6.5% | 4.9% | 4.7% | 4.7% | 9.3% | 9.8% |
| FCF Yield | 12.4% | 13.2% | 9.9% | 10.3% | 6.0% | 6.3% | 14.2% | 16.0% | 10.8% | 8.4% | 0.9% |
| Buyback Yield | 2.3% | 2.5% | 2.7% | 2.1% | 8.4% | 9.0% | 3.5% | 3.3% | 2.6% | 7.0% | 15.0% |
| Total Shareholder Yield | 3.6% | 3.9% | 4.1% | 3.8% | 10.6% | 10.6% | 5.2% | 5.2% | 5.1% | 9.1% | 17.2% |
| Shares Outstanding | — | $50M | $53M | $54M | $55M | $60M | $63M | $62M | $60M | $55M | $62M |
Peer Comparison
Compare AIZ with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 AIZYou | $13B | 14.9 | 10.0 | 8.1 | 77.2% | 8.5% | 15.9% | 14.0% | 1.7 |
 PRU | $37B | 10.4 | 8.2 | 5.9 | 42.0% | 7.9% | 10.9% | 10.0% | 4.7 |
 MET | $56B | 17.8 | 9.4 | 3.1 | 36.4% | 6.0% | 11.9% | 13.1% | 3.5 |
 AFL | $59B | 16.9 | 11.2 | 23.3 | 38.9% | 26.6% | 13.1% | 11.8% | 1.5 |
 CNO | $5B | 21.6 | 15.0 | 7.1 | 44.8% | 6.5% | 8.9% | 4.0% | 7.7 |
 GL | $13B | 12.1 | 10.0 | 10.7 | 33.4% | 24.4% | 20.6% | 13.4% | 1.6 |
 HIG | $35B | 9.6 | 7.7 | 6.1 | 46.1% | 16.8% | 21.7% | 16.3% | 0.8 |
 ESNT | $5B | 8.5 | 7.0 | 6.3 | 88.2% | 65.2% | 12.1% | 10.2% | 0.6 |
 NMIH | $3B | 7.6 | 6.1 | 6.9 | 91.8% | 70.8% | 16.2% | 13.5% | 0.8 |
 AMSF | $589M | 12.7 | 8.8 | 66.0 | 46.4% | 18.6% | 18.5% | 21.9% | 0.0 |
 FG | $4B | 14.6 | 4.5 | 0.8 | 30.8% | 5.6% | 5.9% | 5.0% | 2.3 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 24 years · Updated daily
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into AIZ consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
AIZ — Frequently Asked Questions
Quick answers to the most common questions about buying AIZ stock.
What is Assurant, Inc.'s P/E ratio?
Assurant, Inc.'s current P/E ratio is 14.9x. The historical average is 14.5x. This places it at the 68th percentile of its historical range.
What is Assurant, Inc.'s EV/EBITDA?
Assurant, Inc.'s current EV/EBITDA is 10.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.5x.
What is Assurant, Inc.'s ROE?
Assurant, Inc.'s return on equity (ROE) is 15.9%. The historical average is 9.0%.
Is AIZ stock overvalued?
Based on historical data, Assurant, Inc. is trading at a P/E of 14.9x. This is at the 68th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Assurant, Inc.'s dividend yield?
Assurant, Inc.'s current dividend yield is 1.29% with a payout ratio of 19.3%.
What are Assurant, Inc.'s profit margins?
Assurant, Inc. has 77.2% gross margin and 8.5% operating margin.
How much debt does Assurant, Inc. have?
Assurant, Inc.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.