AIZASSURANT, INC.
Insurance Carriers, NEC
- Revenue
- $12.8B
- 7.9% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $509M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear210% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear26% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear7% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $10.2B | $10.2B | $11.1B | $11.9B | $12.8B | 7.9% |
| Net income | $1.4B | $277M | $643M | $760M | $873M | 15% |
| Operating cash flow | $782M | $597M | $1.1B | $1.3B | $1.8B | 38% |
| Capex | $187M | $186M | $203M | $221M | $236M | 6.4% |
| Stock-based comp | $67M | $63M | $75M | $81M | $86M | 5.7% |
| Buybacks | $839M | $573M | $193M | $307M | $304M | 1.2% |
| Dividends | $158M | $150M | $152M | $156M | $168M | 8.0% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $15M | $24M | 193 | 222 |
| FY2024 | $14M | $25M | 168 | 203 |
| FY2023 | $10M | $22M | 131 | 152 |
| FY2022 | $8M | $4M | 95 | 137 |
| FY2021 | $12M | $14M | 116 | 120 |