EIGEmployers Holdings, Inc.
Fire, Marine & Casualty Insurance
- Revenue
- $859M
- 2.5% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $49M net debt
- AI in 10-K
- —
Red flags 1 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 cashClear414% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowFired476% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear1% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $703M | $714M | $851M | $881M | $859M | 2.5% |
| Net income | $119M | $48M | $118M | $119M | $11M | 91% |
| Operating cash flow | $11M | $100M | $49M | $76M | $45M | 41% |
| Capex | $300K | $100K | $0 | $100K | $100K | 0.0% |
| Stock-based comp | $9M | $5M | $6M | $6M | $5M | 21% |
| Buybacks | $43M | $30M | $76M | $43M | $183M | 329% |
| Dividends | $29M | $90M | $30M | $30M | $30M | 1.3% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $79K · 1
- Open-market sells, 12 mo
- $179K · 1
- Net
- −$100K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 161 | 234 |
| FY2024 | — | — | 186 | 213 |
| FY2023 | — | — | 139 | 157 |
| FY2022 | — | — | 149 | 142 |
| FY2021 | — | — | 132 | 119 |