Fidelis Insurance Holdings Limited(FIHL)Earnings, Financials & Key Ratios
FIHL•NYSE•Insurance & Managed Care
10.9× P/E·Price updated Jun 4, 2026
AboutFidelis Insurance Holdings Limited, together with its subsidiaries, provides insurance and reinsurance products in Bermuda, Ireland, and the United Kingdom. It operates in three segments: Specialty, Reinsurance, and Bespoke segments. The Specialty segment offers aviation and aerospace, energy, marine, property direct and facultative, and other specialty risk solutions. The Reinsurance segment provides property, retrocession, and whole account reinsurance solutions. The Bespoke segment offers customized risk solutions for clients that include credit and political risk, and other risk transfer opportunities. The company is also involved in specialty treaty reinsurance, and surety bonds and guarantees activities; and upstream energy, energy liability, and marine businesses; and provision of product recall and contamination, and marketing services. Fidelis Insurance Holdings Limited was incorporated in 2014 and is headquartered in Pembroke, Bermuda.Show more
- Revenue$2.5B+3.3%
- Combined Ratio88.98%-5.7%
- Net Income$226M+99.0%
- Return on Equity9.3%+101.1%
- Medical Cost Ratio43.58%-51.0%
- Operating Margin11.02%+95.7%
- Net Margin9.02%+92.7%
- ROA2.13%+105.3%
- Equity / Assets25.61%+23.1%
FIHL Key Insights
Fidelis Insurance Holdings Limited (FIHL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Profitable underwriting: 89.0% combined ratio
- ✓Excellent 3Y average ROE of 36.7%
- ✓Low loss ratio of 43.6%
- ✓Healthy dividend yield of 2.1%
- ✓Share count reduced 7.7% through buybacks
- ✓Trading near 52-week high
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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FIHL Price & Volume
Fidelis Insurance Holdings Limited (FIHL) stock price & volume — 10-year historical chart
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FIHL Growth Metrics
Fidelis Insurance Holdings Limited (FIHL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years26.15%
3 Years18.15%
TTM3.2%
Profit CAGR
10 Years-
5 Years12.26%
3 Years62.45%
TTM99.03%
EPS CAGR
10 Years-
5 Years27.35%
3 Years100.96%
TTM135.11%
Return on Capital
10 Years5.8%
5 Years5.7%
3 Years8.73%
Last Year2.61%
FIHL Recent Earnings
Fidelis Insurance Holdings Limited (FIHL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
May 13, 2026Metric
Actual
Est
EPS
$0.41-154.7%
$0.75
Rev
$611M-32.4%
$903M
Q1 2026
Feb 25, 2026Metric
Actual
Est
EPS
$1.09+2.8%
$1.06
Rev
$978M+34.9%
$725M
Q4 2025
Nov 12, 2025Metric
Actual
Est
EPS
$1.21+0.0%
$1.21
Rev
$650M-3.9%
$677M
Q3 2025
Aug 13, 2025Metric
Actual
Est
EPS
$0.12+200.0%
$0.12
Rev
$584M-21.1%
$740M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 13, 2026 | $0.41vs $0.75-154.7% | $611Mvs $903M-32.4% |
| Q1 2026 | Feb 25, 2026 | $1.09vs $1.06+2.8% | $978Mvs $725M+34.9% |
| Q4 2025 | Nov 12, 2025 | $1.21vs $1.21+0.0% | $650Mvs $677M-3.9% |
| Q3 2025 | Aug 13, 2025 | $0.12vs $0.12+200.0% | $584Mvs $740M-21.1% |
Based on last 12 quarters of dataView full earnings history →
FIHL Peer Comparison
Fidelis Insurance Holdings Limited (FIHL) competitors in Reinsurance (P&C and life) — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 RNR | 12.91B | 299.17 | 5.28 | 9.45% | 26.93% | 16.59% | 0.12 | |
 ACGL | 32.48B | 91.18 | 7.85 | 14.27% | 22.07% | 19.02% | 0.11 | |
 MKL | 23.11B | 1847.16 | 10.92 | -0.96% | 10.7% | 9.56% | 0.23 | |
 GLRE | 532.98M | 16.07 | 7.41 | 7.47% | 11.46% | 11.68% | 0.01 | |
 SIGI | 5.55B | 92.31 | 12.34 | 9.78% | 8.39% | 12.93% | 0.25 | |
 AXS | 7.45B | 100.99 | 8.18 | 9.05% | 16.18% | 16.93% | 0.23 | |
 PRE | 348.51M | 20.50 | -7.65 | 201.72% | -62.45% | -46.76% | 0.01 | |
 TRV | 66.56B | 307.81 | 11.22 | 5.17% | 12.88% | 19.12% | 0.28 |
Compare FIHL vs Peers
Fidelis Insurance Holdings Limited (FIHL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FIHL Income Statement
Fidelis Insurance Holdings Limited (FIHL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|
Revenue | 782.6M | 1.19B | 1.52B | 3.59B | 2.42B | 2.5B |
Revenue Growth % | - | 52.62% | 26.94% | 136.91% | -32.59% | 3.26% |
Medical Costs & Claims | 503.7M | 946.9M | 0 | 1.42B | 2.16B | 1.09B |
Medical Cost Ratio % | 64.36% | 79.28% | 0% | 39.6% | 89.01% | 43.58% |
Gross Profit | 278.9M▲ 0% | 247.5M▼ 11.3% | 1.52B▲ 512.6% | 2.17B▲ 43.1% | 266.1M▼ 87.7% | 1.41B▲ 430.1% |
Gross Margin % | 35.64% | 20.72% | 100% | 60.4% | 10.99% | 56.42% |
Gross Profit Growth % | - | -11.26% | 512.61% | 43.09% | -87.73% | 430.14% |
Operating Expenses | 155.4M | 168.8M | 1.44B | 122.3M | 129.7M | 1.14B |
OpEx / Revenue % | 19.86% | 14.13% | 94.72% | 3.4% | 5.36% | 45.39% |
Depreciation & Amortization | 2.6M | 4.5M | 3.9M | 300K | -14M | 0 |
Combined Ratio % | 84.22% | 93.41% | 94.72% | 43.01% | 94.37% | 88.98% |
Operating Income | 123.5M▲ 0% | 78.7M▼ 36.3% | 80.1M▲ 1.8% | 2.05B▲ 2455.8% | 136.4M▼ 93.3% | 275.6M▲ 102.1% |
Operating Margin % | 15.78% | 6.59% | 5.28% | 56.99% | 5.63% | 11.02% |
Operating Income Growth % | - | -36.28% | 1.78% | 2455.81% | -93.34% | 102.05% |
EBITDA | 126.1M | 83.2M | 84M | 2.05B | 122.4M | 323.3M |
EBITDA Margin % | 16.11% | 6.97% | 5.54% | 57% | 5.05% | 12.93% |
Interest Expense | 27.9M | 35.4M | 35.5M | 35.5M | 33.8M | 47.7M |
Non-Operating Income | -27.9M | -35.4M | -35.5M | -35.5M | -33.8M | -47.7M |
Pretax Income | 123.5M▲ 0% | 78.7M▼ 36.3% | 80.1M▲ 1.8% | 2.05B▲ 2455.8% | 136.4M▼ 93.3% | 275.6M▲ 102.1% |
Pretax Margin % | 15.78% | 6.59% | 5.28% | 56.99% | 5.63% | 11.02% |
Income Tax | -3.1M | 400K | 17.8M | -85.3M | 23.1M | 50.1M |
Effective Tax Rate % | -2.51% | 0.51% | 22.22% | -4.17% | 16.94% | 18.18% |
Net Income | 126.5M▲ 0% | 68.3M▼ 46.0% | 52.6M▼ 23.0% | 2.13B▲ 3954.2% | 113.3M▼ 94.7% | 225.5M▲ 99.0% |
Net Margin % | 16.16% | 5.72% | 3.47% | 59.37% | 4.68% | 9.02% |
Net Income Growth % | - | -46.01% | -22.99% | 3954.18% | -94.69% | 99.03% |
EPS (Diluted) | 0.63▲ 0% | 0.34▼ 46.0% | 0.26▼ 23.5% | 18.65▲ 7073.1% | 0.98▼ 94.7% | 2.11▲ 115.3% |
EPS Growth % | - | -46.03% | -23.53% | 7073.08% | -94.75% | 115.31% |
EPS (Basic) | 0.65 | 0.35 | 0.27 | 18.65 | 0.98 | 2.12 |
Diluted Shares Outstanding | 186.7M | 200.38M | 199.32M | 114.32M | 115.63M | 106.74M |
FIHL Balance Sheet
Fidelis Insurance Holdings Limited (FIHL) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|
Total Assets | 5.32B | 7.05B | 8.31B | 10.03B | 11.77B | 9.37B |
Asset Growth % | - | 32.56% | 17.86% | 20.64% | 17.33% | -20.38% |
Total Investment Assets | 1.75B | 2.78B | 2.42B | 3.34B | 3.83B | 3.24B |
Long-Term Investments | 1.64B | 2.53B | 2.31B | 3.29B | 3.63B | 3.24B |
Short-Term Investments | 1.55B | 2.5B | 2.31B | 604.9M | 369.7M | 0 |
Total Current Assets | 0 | 0 | 0 | 0 | 0 | 4.74B |
Cash & Equivalents | 967.2M | 325.1M | 1.22B | 712.4M | 743M | 1.25B |
Receivables | 1.58B | 2.61B | 3B | 3.67B | 4.47B | 3.5B |
Other Current Assets | -4.52B | -6.11B | -7.35B | -6.05B | -7.01B | 0 |
Goodwill & Intangibles | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
PP&E (Net) | 9.8M | 29.9M | 26.8M | 0 | 0 | 0 |
Other Assets | -1.65B | -2.56B | -2.33B | -3.29B | -3.63B | 1.39B |
Total Liabilities | 3.34B | 5.03B | 6.33B | 7.58B | 9.32B | 6.97B |
Total Debt | 456.5M | 478.3M | 476M | 448.2M | 448.9M | 843.2M |
Net Debt | -510.7M | 153.2M | -746M | -264.2M | -294.1M | -404.4M |
Long-Term Debt | 446M | 446.9M | 447.5M | 448.2M | 448.9M | 843.2M |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
Total Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Payable | 507.9M | 947.8M | 1.06B | 1.07B | 1.54B | 0 |
Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 2.94B |
Other Current Liabilities | -507.9M | -947.8M | -1.06B | -1.41B | -1.93B | -2.94B |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | -456.5M | -478.3M | -476M | -448.2M | -448.9M | 6.13B |
Total Equity | 1.98B▲ 0% | 2.02B▲ 2.2% | 1.99B▼ 1.6% | 2.45B▲ 23.3% | 2.45B▼ 0.1% | 2.4B▼ 2.0% |
Equity Growth % | - | 2.17% | -1.58% | 23.29% | -0.06% | -1.99% |
Shareholders Equity | 1.98B | 2.01B | 1.98B | 2.45B | 2.45B | 2.4B |
Minority Interest | 0 | 5.2M | 10.3M | 0 | 0 | 0 |
Retained Earnings | -120.4M | -52.1M | 500K | 436.6M | 503.6M | 675.9M |
Common Stock | 2.1M | 1.9M | 1.9M | 1.2M | 1.2M | 1M |
Accumulated OCI | 22.6M | -11.3M | -100.8M | -27M | 4.5M | 37.1M |
Return on Equity (ROE) | 6.4% | 3.42% | 2.63% | 96.13% | 4.63% | 9.3% |
Return on Assets (ROA) | 2.38% | 1.1% | 0.68% | 23.25% | 1.04% | 2.13% |
Equity / Assets | 37.14% | 28.63% | 23.9% | 24.43% | 20.81% | 25.61% |
Debt / Equity | 0.23x | 0.24x | 0.24x | 0.18x | 0.18x | 0.35x |
Book Value per Share | 10.58 | 10.08 | 9.97 | 21.43 | 21.17 | 22.48 |
Tangible BV per Share | 10.58 | 10.08 | 9.97 | 21.43 | 21.17 | 22.48 |
FIHL Cash Flow Statement
Fidelis Insurance Holdings Limited (FIHL) cash flow — operating, investing & free cash flow history
| Metric | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|
Cash from Operations | 316.1M | 345.8M | 741.4M | 495.2M | 618.2M | -408.3M |
Operating CF Growth % | - | 9.4% | 114.4% | -33.21% | 24.84% | -166.05% |
Operating CF / Revenue % | 40.39% | 28.95% | 48.9% | 13.79% | 25.53% | -16.33% |
Net Income | 126.6M | 78.3M | 52.6M | 2.13B | 113.3M | 225.5M |
Depreciation & Amortization | 2.6M | 4.5M | 3.9M | 300K | -14M | -19.2M |
Stock-Based Compensation | 32.6M | 9.8M | 10.8M | 27.6M | 7.8M | 0 |
Deferred Taxes | -6M | -26.4M | -10.4M | -86.5M | 9.8M | 0 |
Other Non-Cash Items | -10.8M | 12M | 36M | -1.72B | 28.6M | -25.3M |
Working Capital Changes | 171.1M | 267.6M | 648.5M | 137M | 472.7M | -589.3M |
Cash from Investing | -481.3M | -1.09B | 215.9M | -834.9M | -475.8M | 682.7M |
Capital Expenditures | -2M | -7.1M | -18.8M | -6.4M | -4.6M | -1.2M |
Acquisitions | 0 | -7.1M | 0 | 0 | 0 | 0 |
Purchase of Investments | -1.27B | -2.25B | -1.71B | -2.24B | -2.52B | -2.03B |
Sale/Maturity of Investments | 786.4M | 1.17B | 1.93B | 1.41B | 2.05B | 2.71B |
Other Investing | 0 | 7.1M | 15.7M | 0 | 0 | -1.2M |
Cash from Financing | 948M | -18.2M | -16.2M | -106.9M | -153.9M | 19.8M |
Dividends Paid | -5.1M | -2.1M | -500K | 0 | -46.2M | -52.3M |
Share Repurchases | 0 | -320.9M | 0 | 0 | -105.5M | -321M |
Stock Issued | 691.8M | 318.2M | 0 | 89.4M | 0 | 0 |
Debt Issuance (Net) | 1000K | 0 | 0 | 0 | 0 | 1000K |
Other Financing | -600K | -13.4M | -15.7M | -196.3M | -2.2M | -200K |
Net Change in Cash | 787.6M▲ 0% | -762.5M▼ 196.8% | 931.9M▲ 222.2% | -443.8M▼ 147.6% | -17.5M▲ 96.1% | 301M▲ 1820.0% |
Exchange Rate Effect | 4.8M | -4.6M | -9.2M | 2.8M | -6M | 6.8M |
Cash at Beginning | 450.9M | 1.24B | 476M | 1.41B | 964.1M | 946.6M |
Cash at End | 1.24B | 476M | 1.41B | 964.1M | 946.6M | 1.25B |
Free Cash Flow | 314.1M▲ 0% | 338.7M▲ 7.8% | 722.6M▲ 113.3% | 488.8M▼ 32.4% | 613.6M▲ 25.5% | -409.5M▼ 166.7% |
FCF Growth % | - | 7.83% | 113.35% | -32.36% | 25.53% | -166.74% |
FCF Margin % | 40.14% | 28.36% | 47.66% | 13.61% | 25.34% | -16.38% |
FCF per Share | 1.68 | 1.69 | 3.63 | 4.28 | 5.31 | -3.84 |
FIHL Key Ratios
Fidelis Insurance Holdings Limited (FIHL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
Combined Ratio | 84.22% | 93.41% | 94.72% | 43.01% | 94.37% | 88.98% |
Medical Cost Ratio | 64.36% | 79.28% | 0% | 39.6% | 89.01% | 43.58% |
Return on Equity (ROE) | 6.4% | 3.42% | 2.63% | 96.13% | 4.63% | 9.3% |
Return on Assets (ROA) | 2.38% | 1.1% | 0.68% | 23.25% | 1.04% | 2.13% |
Equity / Assets | 37.14% | 28.63% | 23.9% | 24.43% | 20.81% | 25.61% |
Book Value / Share | 10.58 | 10.08 | 9.97 | 21.43 | 21.17 | 22.48 |
Debt / Equity | 0.23x | 0.24x | 0.24x | 0.18x | 0.18x | 0.35x |
Revenue Growth | - | 52.62% | 26.94% | 136.91% | -32.59% | 3.26% |
Related:FIHL Dividend History·FIHL Revenue History·FIHL Price History·FIHL P/E History·FIHL Financial Ratios·FIHL Institutional Holders
FIHL Frequently Asked Questions
Fidelis Insurance Holdings Limited (FIHL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Fidelis Insurance Holdings Limited (FIHL) grew revenue by 3.3% over the past year. Growth has been modest.
Yes, Fidelis Insurance Holdings Limited (FIHL) is profitable, generating $225.5M in net income for fiscal year 2025 (9.0% net margin).
Dividend & Returns
Yes, Fidelis Insurance Holdings Limited (FIHL) pays a dividend with a yield of 2.12%. This makes it attractive for income-focused investors.
Fidelis Insurance Holdings Limited (FIHL) has a return on equity (ROE) of 9.3%. This is below average, suggesting room for improvement.
Industry Metrics
Fidelis Insurance Holdings Limited (FIHL) has a combined ratio of 89.0%. A ratio below 100% indicates underwriting profitability.