Ategrity Specialty Insurance Co Holdings
ASIC NYSE Fire, Marine & Casualty Insurance Financials FY2024–FY2025
What Ategrity Specialty Insurance Co Holdings does
No business description yet.
- Legal name
- Ategrity Specialty Insurance Co Holdings
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 6, 2026
- Accession · CIK
- 0002040491-26-000011
0002040491
Revenue and margins
Ategrity Specialty Insurance Co Holdings had $424M of revenue in fiscal 2025, up 23.4% on the year before.
Net income and earnings per share
From fiscal 2024 to 2025, diluted EPS grew 23.4% a year. Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $141M in fiscal 2025, 33.2% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Ategrity Specialty Insurance Co Holdings returned $2.7M to shareholders in fiscal 2025, 2% of free cash flow. The diluted share count rose 26.2%.
Balance sheet
Cash, debt and the ratios that show how comfortably Ategrity Specialty Insurance Co Holdings can carry it.
| Fiscal year end | FY24 | FY25 |
|---|---|---|
| Cash and short-term investments | $26.6M | $29.7M |
| Total assets | $1.1B | $1.5B |
| Total liabilities | $725M | $859M |
| Shareholders' equity | $398M | $614M |
| Net debt (− = net cash) | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY24 | FY25 |
|---|---|---|
| Net income is positive | ✓ | ✓ |
| Cash from operations is positive | ✓ | ✓ |
| Return on assets rose | — | ✓ |
| Cash from operations exceeds net income | ✓ | ✓ |
| Debt fell relative to assets | — | — |
| Current ratio rose | — | — |
| Share count didn't rise | — | ✕ |
| Gross margin rose | — | — |
| Revenue rose relative to assets | — | ✕ |
| F-score | — / 3 | — / 6 |
| Accruals ratio | −7.0% | −5.6% |
| Altman Z'' | — | — |
2 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY24 | FY25 |
|---|---|---|
| Income statement | ||
| Revenue | $344M | $424M |
| Interest expense | $2.0M | $1.4M |
| Pretax income | $66.3M | $95.9M |
| Income tax | $12.3M | $19.8M |
| Net income | $47.1M | $74.0M |
| Net income to common | $46.7M | $73.1M |
| Diluted EPS | $1.28 | $1.58 |
| Diluted shares | 0.04B | 0.05B |
| Cash flow | ||
| Cash from operations | $126M | $147M |
| Capital expenditure | $0.2M | $6.5M |
| Free cash flow | $125M | $141M |
| Depreciation and amortization | $0.7M | $0.6M |
| Stock-based compensation | $2.0M | $1.0M |
| Share buybacks | $0.0M | $2.7M |
| Dividends and buybacks | $0.0M | $2.7M |
| Balance sheet | ||
| Cash and short-term investments | $26.6M | $29.7M |
| Property and equipment, net | $0.8M | $6.7M |
| Total assets | $1.1B | $1.5B |
| Total liabilities | $725M | $859M |
| Preferred stock | $0.0M | $0.0M |
| Shareholders' equity | $398M | $614M |
| Margins | ||
| Net margin | 13.7% | 17.4% |
| FCF margin | 36.5% | 33.2% |
| Returns | ||
| Return on equity | 11.8% | 14.6% |
| Return on assets | 4.2% | 5.7% |
| Return on tangible equity | 11.7% | 11.9% |
| Growth | ||
| Revenue growth | — | 23.4% |
| Net income growth | — | 57.2% |
| EPS growth | — | 23.4% |
| FCF growth | — | 12.2% |
| Share count change | — | 26.2% |
| Capital allocation | ||
| Capex / revenue | 0.0% | 1.5% |
| Stock comp / revenue | 0.6% | 0.2% |
| Payouts / FCF | 0.0% | 1.9% |
| Quality scores | ||
| Accruals ratio | −7.0% | −5.6% |
Source: SEC EDGAR XBRL filings (CIK 0002040491). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.