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EIG logoEmployers Holdings, Inc.(EIG)Earnings, Financials & Key Ratios

EIG•NYSE•Insurance & Managed Care
$41.36
$967M mkt cap·91.9× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustrySpecialty InsuranceSub-IndustrySpecialty Commercial P&C Carriers
AboutEmployers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. It offers workers' compensation insurance to small businesses in low to medium hazard industries. The company markets its products through independent local, regional, and national agents and brokers; alternative distribution channels; and national, regional, and local trade groups and associations, as well as directly to customers. Employers Holdings, Inc. was founded in 2000 and is based in Reno, Nevada.Show more
  • Revenue$858M-2.6%
  • Combined Ratio98.6%+18.3%
  • Net Income$11M-90.9%
  • Return on Equity1.07%-90.6%
  • Medical Cost Ratio67.79%+7.1%
  • Operating Margin1.4%-91.6%
  • Net Margin1.26%-90.7%
  • ROA0.31%-90.7%
  • Equity / Assets27.81%-7.8%
  • Book Value per Share39.60-6.7%
  • Tangible BV/Share35.17-7.6%
  • Debt/Equity0.04+935.7%
Technical→

EIG Key Insights

Employers Holdings, Inc. (EIG) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Healthy dividend yield of 3.0%
  • ✓Share count reduced 4.2% through buybacks
  • ✓Trading at only 1.0x book value

✗Weaknesses

  • ✗Profits declining 38.2% over 5 years
  • ✗Dividend payout exceeds 100% of earnings

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

EIG Price & Volume

Employers Holdings, Inc. (EIG) stock price & volume — 10-year historical chart

Loading chart...

EIG Growth Metrics

Employers Holdings, Inc. (EIG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.33%
5 Years3.82%
3 Years6.35%
TTM0.37%

Profit CAGR

10 Years-19.49%
5 Years-38.2%
3 Years-39.35%
TTM-92.05%

EPS CAGR

10 Years-17%
5 Years-35.3%
3 Years-36.41%
TTM-92.23%

Return on Capital

10 Years5.48%
5 Years6.83%
3 Years6.35%
Last Year1.09%

EIG Recent Earnings

Employers Holdings, Inc. (EIG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 29, 2026
EPS
$0.53
Est $0.55
-3.3%
Revenue
$208M
Est $213M
-2.6%
Q1 2026
Feb 19, 2026
EPS
$0.66
Est $0.41
+61.0%
Revenue
$171M
Est $216M
-21.2%
Q4 2025
Oct 30, 2025
EPS
$1.10
Est $0.61
-280.3%
Revenue
$239M
Est $217M
+10.1%
Q3 2025
Jul 30, 2025
EPS
$0.48
Est $0.94
-48.9%
Revenue
$246M
Est $218M
+13.1%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$0.53vs $0.55-3.3%
$208Mvs $213M-2.6%
Q1 2026Feb 19, 2026
$0.66vs $0.41+61.0%
$171Mvs $216M-21.2%
Q4 2025Oct 30, 2025
$1.10vs $0.61-280.3%
$239Mvs $217M+10.1%
Q3 2025Jul 30, 2025
$0.48vs $0.94-48.9%
$246Mvs $218M+13.1%
Based on last 12 quarters of dataView full earnings history →

EIG Peer Comparison

Employers Holdings, Inc. (EIG) 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
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
KNTK logoKNTKKinetik Holdings Inc.Direct Competitor3.32B48.2218.3318.98%14.31%8.96%1.32
AMSF logoAMSFAMERISAFE, Inc.Direct Competitor556.33M29.6011.982.63%14.27%9.68%0.00
HCI logoHCIHCI Group, Inc.Direct Competitor2B154.146.2020.21%33.16%36.22%0.06
ACGL logoACGLArch Capital Group Ltd.Direct Competitor33.74B94.708.1514.27%22.07%19.02%0.11
HIG logoHIGThe Hartford Financial Services Group, Inc.Product Competitor36.71B133.4910.027.1%14.13%22.01%0.23
TRV logoTRVThe Travelers Companies, Inc.Product Competitor65.22B301.5910.995.17%12.88%19.12%0.28
CNA logoCNACNA Financial CorporationProduct Competitor11.75B43.439.265.1%8.95%11.94%0.26
SIGI logoSIGISelective Insurance Group, Inc.Product Competitor4.99B83.0011.109.78%8.39%12.93%0.25

Compare EIG vs Peers

Employers Holdings, Inc. (EIG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KNTK

Most directly comparable listed peer for EIG.

Scale Benchmark

vs MMC

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

Peer Set

Compare Top 5

vs KNTK, AMSF, HCI, ACGL

EIG Income Statement

Employers Holdings, Inc. (EIG) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue799.3M800.4M835.9M711.4M703.1M713.5M850.9M880.7M858.2M863.4M
Revenue Growth %2.5%0.14%4.44%-14.89%-1.17%1.48%19.26%3.5%-2.55%0.37%
Medical Costs & Claims508.6M470.9M454M381.2M391.3M486.9M505.7M557.4M581.8M567.2M
Medical Cost Ratio %63.63%58.83%54.31%53.58%55.65%68.24%59.43%63.29%67.79%65.69%
Gross Profit
290.7M▲ 0%
329.5M▲ 13.3%
381.9M▲ 15.9%
330.2M▼ 13.5%
311.8M▼ 5.6%
226.6M▼ 27.3%
345.2M▲ 52.3%
323.3M▼ 6.3%
276.4M▼ 14.5%
296M▲ 0%
Gross Margin %36.37%41.17%45.69%46.42%44.35%31.76%40.57%36.71%32.21%34.28%
Gross Profit Growth %4.42%13.35%15.9%-13.54%-5.57%-27.33%52.34%-6.34%-14.51%-
Operating Expenses146.7M160M188.1M182.5M164.8M170.8M196.8M176.6M264.4M287.1M
OpEx / Revenue %18.35%19.99%22.5%25.65%23.44%23.94%23.13%20.05%30.81%33.25%
Depreciation & Amortization8.2M6.3M9M8.2M7.4M5.3M4.8M3.6M07M
Combined Ratio %81.98%78.82%76.82%79.24%79.09%92.18%82.56%83.34%98.6%98.95%
Operating Income
144M▲ 0%
169.5M▲ 17.7%
193.8M▲ 14.3%
147.7M▼ 23.8%
147M▼ 0.5%
55.8M▼ 62.0%
148.4M▲ 165.9%
146.7M▼ 1.1%
12M▼ 91.8%
8.9M▲ 0%
Operating Margin %18.02%21.18%23.18%20.76%20.91%7.82%17.44%16.66%1.4%1.03%
Operating Income Growth %2.35%17.71%14.34%-23.79%-0.47%-62.04%165.95%-1.15%-91.82%-
EBITDA152.2M175.8M202.8M155.9M154.4M61.1M153.2M150.3M12.5M16.1M
EBITDA Margin %19.04%21.96%24.26%21.91%21.96%8.56%18%17.07%1.46%1.86%
Interest Expense1.4M1.5M600K400K500K3.5M5.8M100K500K1.5M
Non-Operating Income-1.4M-1.5M-600K-400K-500K-3.5M-5.8M-100K-500K-400K
Pretax Income
144M▲ 0%
169.5M▲ 17.7%
193.8M▲ 14.3%
147.7M▼ 23.8%
147M▼ 0.5%
55.8M▼ 62.0%
148.4M▲ 165.9%
146.7M▼ 1.1%
12M▼ 91.8%
8.9M▲ 0%
Pretax Margin %18.02%21.18%23.18%20.76%20.91%7.82%17.44%16.66%1.4%1.03%
Income Tax42.8M28.2M36.7M27.9M27.7M7.4M30.3M28.1M1.2M700K
Effective Tax Rate %29.72%16.64%18.94%18.89%18.84%13.26%20.42%19.15%10%7.87%
Net Income
101.2M▲ 0%
141.3M▲ 39.6%
157.1M▲ 11.2%
119.8M▼ 23.7%
119.3M▼ 0.4%
48.4M▼ 59.4%
118.1M▲ 144.0%
118.6M▲ 0.4%
10.8M▼ 90.9%
8.2M▲ 0%
Net Margin %12.66%17.65%18.79%16.84%16.97%6.78%13.88%13.47%1.26%0.95%
Net Income Growth %-5.15%39.62%11.18%-23.74%-0.42%-59.43%144.01%0.42%-90.89%-92.05%
EPS (Diluted)
3.06▲ 0%
4.24▲ 38.6%
4.83▲ 13.9%
3.97▼ 17.8%
4.17▲ 5.0%
1.75▼ 58.0%
4.45▲ 154.3%
4.71▲ 5.8%
0.45▼ 90.4%
0.34▲ 0%
EPS Growth %-5.56%38.56%13.92%-17.81%5.04%-58.03%154.29%5.84%-90.45%-92.23%
EPS (Basic)3.114.304.894.014.221.764.484.740.45-
Diluted Shares Outstanding33.06M33.31M32.54M30.2M28.6M27.68M26.52M25.2M24.14M24.14M

EIG Balance Sheet

Employers Holdings, Inc. (EIG) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets3.84B3.92B4B3.92B3.78B3.72B3.55B3.54B3.44B3.44B
Asset Growth %1.77%2.06%2.17%-2.04%-3.55%-1.76%-4.47%-0.26%-2.96%-9.04%
Total Investment Assets2.68B2.73B2.78B2.76B2.74B2.57B778.3M2.46B2.34B4M
Long-Term Investments2.68B2.73B2.75B2.72B382.8M263.4M91.5M366.4M1.29B6.6B
Short-Term Investments4M25M2.49B2.51B2.35B2.31B686.8M2.1B1.04B0
Total Current Assets77.3M1B003.19B3.18B1.72B2.97B1.96B2.83B
Cash & Equivalents73.3M101.4M154.9M160.4M75.1M89.2M226.4M68.3M159.8M2.49B
Receivables00838.6M749.7M742.4M790.1M807.4M799.6M758.6M2.68B
Other Current Assets00-3.48B-3.42B14.7M200K0200K200K0
Goodwill & Intangibles44.1M43.9M49.7M49.8M49.8M98.1M49.8M109.4M106.9M382.9M
Goodwill36.2M36.2M36.2M36.2M36.2M36.2M36.2M36.2M36.2M36.2M
Intangible Assets7.9M7.7M13.5M13.6M13.6M61.9M13.6M73.2M70.7M13.6M
PP&E (Net)13.9M18.2M37.8M36.5M28.9M23.5M11.6M11.5M10.2M0
Other Assets-2.68B-26.9M-2.84B-2.81B136.3M84.1M3.18B50.1M47.8M-2.38B
Total Liabilities2.89B2.9B2.84B2.71B2.57B2.77B2.54B2.47B2.48B2.57B
Total Debt20M20M17.8M39.9M16.6M196.1M5.9M4.2M38.9M125M
Net Debt-53.3M-81.4M-137.1M-120.5M-58.5M106.9M-220.5M-64.1M-120.9M-2.36B
Long-Term Debt20M20M020M0182.5M0016M125M
Short-Term Debt0000000019M0
Total Current Liabilities55.3M37.1M002.47B2.49B1.45B2.39B2.39B55.2M
Accounts Payable23.7M37.1M29.8M22.9M24.1M28.7M26.1M21.2M23.4M0
Deferred Revenue-1.1M35.7M000339.5M0402.2M391.9M0
Other Current Liabilities-134.3M-37.1M-78.4M-65.9M2.41B2.07B1.29B1.9B1.89B55.2M
Deferred Taxes-1000K1000K1000K1000K1000K00000
Other Liabilities2.71B2.67B-157.5M-180.8M-42.8M-22.9M2.43B-17M-15M1.97B
Total Equity
947.7M▲ 0%
1.02B▲ 7.4%
1.17B▲ 14.5%
1.21B▲ 4.0%
1.21B▲ 0.0%
944.2M▼ 22.2%
1.01B▲ 7.4%
1.07B▲ 5.4%
955.7M▼ 10.6%
866.5M▲ 0%
Equity Growth %12.74%7.44%14.5%4.03%0.02%-22.17%7.38%5.4%-10.57%-29.09%
Shareholders Equity947.7M1.02B1.17B1.21B1.21B944.2M1.01B1.07B955.7M866.5M
Minority Interest0000000000
Retained Earnings842.2M1.03B1.16B1.25B1.34B1.3B1.38B1.47B1.45B1.46B
Common Stock381.8M389.4M600K600K600K600K600K600K600K429.1M
Accumulated OCI107.4M-13.7M65.3M115.1M60.6M-138.9M-86M-82.5M7.3M-9M
Return on Equity (ROE)11.32%14.38%14.39%10.07%9.84%4.49%12.06%11.39%1.07%0.83%
Return on Assets (ROA)2.66%3.64%3.97%3.02%3.1%1.29%3.25%3.34%0.31%0.24%
Equity / Assets24.68%25.98%29.12%30.92%32.07%25.4%28.56%30.18%27.81%25.21%
Debt / Equity0.02x0.02x0.02x0.03x0.01x0.21x0.01x0.00x0.04x0.04x
Book Value per Share28.6730.5735.8340.1542.4134.1138.2342.4239.6035.90
Tangible BV per Share27.3329.2534.3038.5040.6730.5736.3538.0835.1733.84

EIG Cash Flow Statement

Employers Holdings, Inc. (EIG) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations142.3M180.2M122.5M33M10.8M99.8M49.4M76.4M44.7M44.7M
Operating CF Growth %15.88%26.63%-32.02%-73.06%-67.27%824.07%-50.5%54.66%-41.49%-321.94%
Operating CF / Revenue %17.8%22.51%14.65%4.64%1.54%13.99%5.81%8.67%5.21%5.18%
Net Income101.2M141.3M157.1M119.8M119.3M48.4M118.1M118.6M10.8M8.2M
Depreciation & Amortization8.2M6.3M9M8.2M7.4M5.3M21.5M007.3M
Stock-Based Compensation6.8M9.4M10.1M9.7M9.1M5.1M6.2M6.3M5M5.4M
Deferred Taxes24.2M14.4M6M-13.4M6.7M-17.4M1.1M4.1M1.1M3.5M
Other Non-Cash Items12.5M18.2M-39.2M7.2M-31.2M74M-7.8M-7.1M31.4M-1.8M
Working Capital Changes-10.6M-9.4M-20.5M-98.5M-100.5M-15.6M-89.7M-45.5M-3.6M9.7M
Cash from Investing-110.2M-119.6M49.2M84.3M-1.7M-146.1M377.3M-159.7M225.9M167.5M
Capital Expenditures-8.2M-10.2M-12.1M-5.5M-3.6M-2.6M-2.2M-4.9M-2.2M-2.9M
Acquisitions-8.6M10.2M-16.1M03.6M-43.8M0000
Purchase of Investments-637.3M-775.7M-652.9M-972.9M-745.9M-892.6M-553M-832M-860.1M-181.1M
Sale/Maturity of Investments532.7M666.3M730.3M1.06B747.8M749.1M932.5M677.2M43.6M178.5M
Other Investing11.2M-10.2M00-3.6M43.8M001.04B173M
Cash from Financing-26M-32.9M-118.5M-111.9M-94.4M60.4M-289.5M-74.8M-179.1M-147.1M
Dividends Paid-19.7M-26.7M-28.3M-30.5M-29M-90.3M-29.7M-30.3M-29.9M-28.7M
Share Repurchases0-4.2M-67.5M-99.4M-42.6M-30.4M-76.1M-42.6M-182.8M-163M
Stock Issued0000000000
Debt Issuance (Net)-1000K-200K-1000K-200K-100K1000K-200K-100K1000K1000K
Other Financing3.8M-1.8M-2.5M18.2M-22.7M-1.2M-183.5M-1.8M-1.4M9.6M
Net Change in Cash
6.1M▲ 0%
27.7M▲ 354.1%
53.2M▲ 92.1%
5.4M▼ 89.8%
-85.3M▼ 1679.6%
14.1M▲ 116.5%
137.2M▲ 873.0%
-158.1M▼ 215.2%
91.5M▲ 157.9%
52.7M▲ 0%
Exchange Rate Effect0000000000
Cash at Beginning67.2M74.3M102M155.2M160.6M75.3M89.4M226.6M68.5M160M
Cash at End73.3M102M155.2M160.6M75.3M89.4M226.6M68.5M160M153.3M
Free Cash Flow
134.1M▲ 0%
170M▲ 26.8%
110.4M▼ 35.1%
27.5M▼ 75.1%
7.2M▼ 73.8%
97.2M▲ 1250.0%
47.2M▼ 51.4%
71.5M▲ 51.5%
42.5M▼ 40.6%
30.6M▲ 0%
FCF Growth %13.84%26.77%-35.06%-75.09%-73.82%1250%-51.44%51.48%-40.56%-64.54%
FCF Margin %16.78%21.24%13.21%3.87%1.02%13.62%5.55%8.12%4.95%3.54%
FCF per Share4.065.13.390.910.253.511.782.841.761.76

EIG Key Ratios

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

Metric201720182019202020212022202320242025TTM
Combined Ratio81.98%78.82%76.82%79.24%79.09%92.18%82.56%83.34%98.6%98.95%
Medical Cost Ratio63.63%58.83%54.31%53.58%55.65%68.24%59.43%63.29%67.79%65.69%
Return on Equity (ROE)11.32%14.38%14.39%10.07%9.84%4.49%12.06%11.39%1.07%0.83%
Return on Assets (ROA)2.66%3.64%3.97%3.02%3.1%1.29%3.25%3.34%0.31%0.24%
Equity / Assets24.68%25.98%29.12%30.92%32.07%25.4%28.56%30.18%27.81%25.21%
Book Value / Share28.6730.5735.8340.1542.4134.1138.2342.4239.635.9
Debt / Equity0.02x0.02x0.02x0.03x0.01x0.21x0.01x0.00x0.04x0.04x
Revenue Growth2.5%0.14%4.44%-14.89%-1.17%1.48%19.26%3.5%-2.55%0.37%

EIG SEC Filings & Documents

Employers Holdings, Inc. (EIG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Feb 19, 2026·SEC

Material company update

Oct 30, 2025·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 26, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 1, 2026·SEC

FY 2025

Oct 31, 2025·SEC

FY 2025

Aug 1, 2025·SEC

EIG Frequently Asked Questions

Employers Holdings, Inc. (EIG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Employers Holdings, Inc. (EIG) saw revenue decline by 2.6% over the past year.

Yes, Employers Holdings, Inc. (EIG) is profitable, generating $8.2M in net income for fiscal year 2025 (1.3% net margin).

Dividend & Returns

Yes, Employers Holdings, Inc. (EIG) pays a dividend with a yield of 3.00%. This makes it attractive for income-focused investors.

Employers Holdings, Inc. (EIG) has a return on equity (ROE) of 1.1%. This is below average, suggesting room for improvement.

Industry Metrics

Employers Holdings, Inc. (EIG) has a combined ratio of 98.6%. A ratio below 100% indicates underwriting profitability.

Explore More EIG

Employers Holdings, Inc. (EIG) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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