Assurant, Inc. (AIZ) Key Metrics
AIZ valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $13.97B
- Enterprise value
- $13.68B
- P/E (TTM)
- 13.6 10-yr median 17.1
- Forward P/E
- 10.9
- PEG ratio
- 2.16
- Price / sales
- 1.0 10-yr median 0.9
- Price / book
- 2.3 10-yr median 1.5
- EV / EBITDA
- — 10-yr median 4.0
- Dividend yield
- 1.24% $3.52 a year
- Beta
- 0.53
AIZ key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsAIZ valuation Price multiples at each fiscal year-end price.
AIZ returns How much profit the business earns on the capital it uses.
AIZ per-share figures Results divided by the shares outstanding at year-end.
AIZ financial health Debt, liquidity and how easily interest is covered.
AIZ efficiency & capital use Working capital cycle and where the cash goes.
AIZ valuation history
AIZ returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AIZ debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AIZ cash returned to shareholders
AIZ price vs earnings per share
AIZ key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $12.09B | $11.21B | $9.06B | $6.85B | $9.37B | $8.61B | $8.17B | $5.33B | $5.58B | $5.75B |
| Enterprise value | $9.74B | $4.03B | $7.41B | $1.23B | $4.27B | −$4.74B | −$4.00B | −$5.28B | −$3.77B | −$2.83B |
| P/E ratio | 13.9 | 14.7 | 14.1 | 24.8 | 21.0 | 19.5 | 21.3 | 21.2 | 10.7 | 10.2 |
| Price / sales | 0.9 | 0.9 | 0.8 | 0.7 | 0.9 | 0.9 | 0.9 | 0.7 | 0.9 | 0.8 |
| Price / book | 2.1 | 2.2 | 1.9 | 1.6 | 1.7 | 1.4 | 1.4 | 1.0 | 1.3 | 1.4 |
| Price / free cash flow | 7.6 | 10.1 | 9.7 | 16.7 | 15.8 | 7.0 | 6.3 | 9.3 | 11.9 | 116.7 |
| Price / operating cash flow | 6.6 | 8.4 | 8.0 | 11.5 | 12.0 | 6.4 | 5.8 | 8.1 | 10.5 | 42.8 |
| EV / sales | 0.8 | 0.3 | 0.7 | 0.1 | 0.4 | -0.5 | -0.4 | -0.7 | -0.6 | -0.4 |
| EV / EBITDA | 6.7 | 3.2 | 6.7 | 1.9 | 4.0 | — | — | — | — | — |
| EV / free cash flow | 6.1 | 3.6 | 7.9 | 3.0 | 7.2 | — | — | — | — | — |
| Earnings yield | 7.2% | 6.8% | 7.1% | 4.0% | 4.8% | 5.1% | 4.7% | 4.7% | 9.3% | 9.8% |
| Free cash flow yield | 13.2% | 9.9% | 10.3% | 6.0% | 6.3% | 14.2% | 16.0% | 10.8% | 8.4% | 0.9% |
| Dividend yield | 1.4% | 1.4% | 1.7% | 2.2% | 1.7% | 2.0% | 2.1% | 2.8% | 2.1% | 2.2% |
| Shareholder yield (dividends + buybacks) | 3.9% | 4.1% | 3.8% | 10.6% | 10.7% | 5.5% | 5.4% | 5.4% | 9.1% | 17.2% |
| Share price at fiscal year-end | $240.85 | $213.22 | $168.49 | $125.06 | $155.86 | $136.22 | $131.08 | $89.44 | $100.84 | $92.86 |
| Per share | ||||||||||
| Revenue per share | $255.28 | $225.89 | $206.97 | $186.06 | $169.44 | $152.11 | $152.93 | $134.36 | $114.10 | $114.76 |
| Earnings per share | $17.39 | $14.46 | $11.95 | $5.05 | $7.41 | $6.98 | $6.14 | $4.22 | $9.39 | $9.13 |
| Operating cash flow per share | $36.53 | $25.35 | $21.16 | $10.90 | $13.00 | $21.24 | $22.68 | $11.03 | $9.59 | $2.17 |
| Free cash flow per share | $31.84 | $21.14 | $17.40 | $7.50 | $9.88 | $19.32 | $20.91 | $9.64 | $8.47 | $0.80 |
| Cash per share | $90.68 | $176.19 | $69.42 | $145.59 | $158.07 | $253.42 | $234.17 | $216.38 | $197.85 | $174.89 |
| Book value per share | $116.97 | $97.12 | $89.42 | $77.19 | $91.31 | $94.25 | $91.19 | $86.22 | $77.41 | $66.17 |
| Tangible book value per share | −$149.10 | −$152.86 | −$156.51 | $24.88 | $38.83 | $34.96 | $21.41 | −$5.81 | $55.16 | $48.35 |
| Dividends per share | $3.35 | $2.96 | $2.83 | $2.74 | $2.70 | $2.74 | $2.73 | $2.49 | $2.15 | $2.02 |
| Capex per share | $4.69 | $4.21 | $3.77 | $3.40 | $3.12 | $1.92 | $1.77 | $1.39 | $1.12 | $1.38 |
| Debt per share | $43.96 | $39.62 | $38.68 | $42.98 | $73.26 | $42.13 | $38.98 | $38.26 | $28.89 | $36.26 |
| Shares outstanding | 50.2M | 52.6M | 53.8M | 54.8M | 60.1M | 63.2M | 62.3M | 59.5M | 55.3M | 61.9M |
| Change in shares outstanding | −4.5% | −2.2% | −1.8% | −8.9% | −4.8% | +1.4% | +4.6% | +7.7% | −10.7% | −10.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 15.9% | 15.3% | 14.2% | 5.7% | 7.8% | 7.6% | 7.1% | 5.3% | 12.4% | 13.1% |
| Return on invested capital (ROIC) | 120.2% | — | 72.9% | — | — | — | — | — | — | — |
| Return on assets (ROA) | 2.4% | 2.2% | 1.9% | 0.8% | 1.1% | 1.0% | 0.9% | 0.7% | 1.7% | 1.9% |
| Return on tangible assets | 3.8% | 3.5% | 3.1% | 0.9% | 1.4% | 1.1% | 1.0% | 0.7% | 1.7% | 2.0% |
| Free cash flow margin | 12.5% | 9.4% | 8.4% | 4.0% | 5.8% | 12.7% | 13.7% | 7.2% | 7.4% | 0.7% |
| Income quality (OCF / net income) | 2.10 | 1.75 | 1.77 | 2.16 | 1.75 | 3.04 | 3.69 | 2.62 | 1.02 | 0.24 |
| Financial health | ||||||||||
| Total debt | $2.21B | $2.08B | $2.08B | $2.35B | $4.40B | $2.66B | $2.43B | $2.28B | $1.60B | $2.25B |
| Cash & short-term investments | $4.55B | $9.26B | $3.73B | $7.98B | $9.50B | $16.01B | $14.59B | $12.88B | $10.94B | $10.83B |
| Net debt | −$2.35B | −$7.18B | −$1.65B | −$5.62B | −$5.10B | −$13.35B | −$12.16B | −$10.61B | −$9.35B | −$8.59B |
| Debt / equity | 0.38 | 0.41 | 0.43 | 0.56 | 0.80 | 0.45 | 0.43 | 0.44 | 0.37 | 0.55 |
| Debt / assets | 0.06 | 0.06 | 0.06 | 0.07 | 0.13 | 0.06 | 0.05 | 0.06 | 0.05 | 0.08 |
| Net debt / EBITDA | −1.62 | −5.71 | −1.49 | −8.78 | −4.83 | −16.18 | −17.61 | −18.92 | −15.33 | −8.33 |
| Current ratio | 0.55 | 0.79 | 0.54 | 2.41 | 3.48 | 1.53 | 6.08 | 0.09 | 0.08 | 0.09 |
| Quick ratio | 0.55 | 0.79 | 0.81 | 2.45 | 4.35 | 1.77 | 0.47 | 0.04 | 0.03 | 0.04 |
| Interest coverage | 9.9 | 8.7 | 7.5 | 3.2 | 6.9 | 5.5 | 4.1 | 3.3 | 9.0 | 14.7 |
| Working capital | −$10.74B | −$4.93B | −$10.72B | $5.99B | $11.17B | $8.90B | $20.21B | −$31.07B | −$24.27B | −$22.29B |
| Invested capital | $3.53B | −$2.07B | $3.16B | −$1.39B | $390.3M | −$7.39B | −$6.48B | −$5.47B | −$5.06B | −$4.49B |
| Tangible asset value | −$7.48B | −$8.04B | −$8.42B | $1.36B | $2.33B | $2.21B | $1.33B | −$345.7M | $3.05B | $2.99B |
| Net current asset value | −$17.27B | −$10.89B | −$16.08B | −$18.67B | −$12.74B | −$12.84B | −$14.42B | −$33.06B | −$25.33B | −$23.36B |
| Graham number | $213.90 | $177.74 | $155.04 | $93.64 | $123.39 | $121.64 | $112.24 | $90.43 | $127.91 | $116.58 |
| Graham net-net per share | −$386.85 | −$253.45 | −$398.97 | −$287.36 | −$270.35 | −$274.80 | −$90.87 | −$257.90 | −$155.37 | −$118.63 |
| Capital allocation | ||||||||||
| Dividends paid | $168.4M | $155.9M | $152.3M | $150.2M | $162.3M | $173.3M | $170.0M | $148.0M | $119.0M | $125.3M |
| Share buybacks (net) | $303.7M | $307.4M | $193.1M | $572.8M | $839.3M | $297.0M | $271.8M | $139.3M | $388.9M | $863.1M |
| Dividend payout ratio | 19.3% | 20.5% | 23.7% | 54.3% | 36.4% | 39.3% | 44.4% | 59.0% | 22.9% | 22.2% |
| Dividends + buybacks / free cash flow | 29.5% | 41.7% | 36.9% | 176.1% | 168.5% | 38.5% | 33.9% | 50.1% | 108.5% | — |
| Capex / revenue | 1.8% | 1.9% | 1.8% | 1.8% | 1.8% | 1.3% | 1.2% | 1.0% | 1.0% | 1.2% |
| Capex / operating cash flow | 12.8% | 16.6% | 17.8% | 31.2% | 24.0% | 9.0% | 7.8% | 12.6% | 11.7% | 63.4% |
| Capex / depreciation | 0.94 | 0.99 | 1.03 | 1.02 | 1.09 | 0.84 | 0.88 | 0.65 | 0.54 | 0.68 |
| Stock-based compensation / revenue | 0.7% | 0.7% | 0.7% | 0.6% | 0.7% | 0.6% | 0.6% | 0.7% | 0.6% | 0.6% |
| SG&A / revenue | 67.8% | 68.0% | 69.1% | 72.3% | 69.5% | 32.4% | 34.1% | 66.0% | 64.2% | 67.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 261.5 | 288.5 | 262.6 | 236.1 | 287.0 | 369.0 | 359.3 | 432.4 | 545.8 | 425.0 |
| Days of inventory on hand | — | — | -463.5 | -316.9 | -667.8 | 558.6 | 778.9 | 119.6 | 147.9 | 145.7 |
| Days payables outstanding | 312.6 | 351.8 | 481.8 | 676.6 | 1,778.3 | 642.1 | 230.6 | 230.5 | 302.1 | 305.1 |
| Cash conversion cycle (days) | -51.1 | -63.3 | -682.7 | -757.4 | -2,159.2 | 285.6 | 907.5 | 321.5 | 391.5 | 265.7 |
| Receivables turnover | 1.40 | 1.27 | 1.39 | 1.55 | 1.27 | 0.99 | 1.02 | 0.84 | 0.67 | 0.86 |
| Payables turnover | 1.17 | 1.04 | 0.76 | 0.54 | 0.21 | 0.57 | 1.58 | 1.58 | 1.21 | 1.20 |
| Inventory turnover | — | — | — | — | — | — | 0.47 | 3.05 | 2.47 | 2.50 |
| Asset turnover | 0.36 | 0.35 | 0.33 | 0.30 | 0.26 | 0.22 | 0.22 | 0.22 | 0.21 | 0.24 |
| Average receivables | $9.18B | $9.39B | $8.01B | $6.59B | $8.01B | $9.72B | $9.38B | $9.48B | $9.44B | $8.28B |
| Average payables | $2.51B | $2.67B | $3.33B | $4.37B | $10.73B | $10.46B | $3.55B | $2.93B | $2.66B | $2.64B |
| Average inventory | — | — | −$3.20B | −$2.05B | −$4.03B | $9.10B | $12.00B | $1.52B | $1.30B | $1.26B |
| Intangibles / total assets | 36.8% | 37.5% | 39.3% | 8.7% | 9.3% | 8.4% | 9.8% | 13.3% | 3.9% | 3.7% |
Computed from AIZ's annual financial statements (latest annual report filed February 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
AIZ valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Assurant traded at 13.9 times earnings, against a 10-year median of 17.1. Based on the latest twelve months, the trailing P/E is 13.6 and the forward P/E is 10.9. Assurant earned a return on equity of 15.9% and a return on invested capital of 120.2% in fiscal 2025. It ended the year with $2.2 billion of debt and $4.6 billion in cash and short-term investments, a net cash position of $2.3 billion. It returned $472.1 million to shareholders: $168.4 million in dividends and $303.7 million in share buybacks, 30% of free cash flow. The share count fell 19.0% from 61.9M to 50.2M over 9 years.
See the AIZ income statement, the AIZ chart for price history, or the AIZ stock overview for the latest quote and news.
AIZ key metrics FAQ
What is Assurant's P/E ratio?
Assurant's trailing P/E ratio is 13.6 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 10.9. At the end of fiscal 2025 it was 13.9, compared with a 10-year median of 17.1.
What is Assurant's EV/EBITDA?
Assurant's enterprise value was 6.7 times EBITDA at the end of fiscal 2025 (enterprise value $9.7 billion, EBITDA $1.4 billion).
What is Assurant's return on equity?
Assurant's return on equity (ROE) was 15.9% in fiscal 2025: net income of $872.7 million on average shareholders' equity of $5.5 billion.
What is Assurant's ROIC?
Assurant's return on invested capital was 120.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Assurant have?
Assurant had total debt of $2.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.38 and more cash than debt.
What is Assurant's dividend yield?
Assurant's forward dividend yield is 1.24%. Assurant paid $168.4 million in dividends in fiscal 2025 ($3.35 per share), a payout ratio of 19.3%.
Does Assurant buy back its shares?
Yes. Assurant spent $303.7 million on net share repurchases in fiscal 2025 Shares outstanding changed −4.5% over the year, to 50.2M..
What is Assurant's free cash flow yield?
Assurant generated $1.6 billion of free cash flow in fiscal 2025, a free cash flow yield of 13.2% on its market value at year-end ($12.1 billion).
What is Assurant's current ratio?
Assurant's current ratio was 0.55 at the end of fiscal 2025: current assets were 0.55 times current liabilities.