AmTrust Financial Services (AFSIN) stock price, revenue, and financials

AmTrust Financial Services market cap is $2.9 b, and annual revenue was $5.96 b in FY 2017

$2.9 B

AFSIN Mkt cap, 04-Dec-2018

$1.6 B

AmTrust Financial Services Revenue Q3, 2018
AmTrust Financial Services Gross profit (Q3, 2018)499.5 M
AmTrust Financial Services Gross profit margin (Q3, 2018), %32%
AmTrust Financial Services Net income (Q3, 2018)-67.9 M
AmTrust Financial Services EBIT (Q3, 2018)-60.5 M
AmTrust Financial Services Cash, 30-Sept-2018554.9 M
AmTrust Financial Services EV3.7 B

AmTrust Financial Services Revenue

AmTrust Financial Services revenue was $5.96 b in FY, 2017

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AmTrust Financial Services Revenue Breakdown

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AmTrust Financial Services revenue breakdown by business segment: 19.7% from Specialty Program, 47.2% from Small Commercial Business and 33.1% from Specialty Risk and Extended Warranty

AmTrust Financial Services Income Statement

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

322.0m373.4m414.2m430.6m502.5m567.8m716.5m796.5m954.0m1.0b1.1b1.1b1.1b1.2b1.3b1.4b1.4b1.4b1.6b1.5b2.3b1.4b1.6b

Cost of goods sold

170.0m185.4m199.9m211.8m255.6m272.3m364.1m410.6m558.6m587.2m609.4m613.3m638.5m709.6m715.1m784.4m811.0m840.3m1.0b1.3b972.9m933.7m1.1b

Gross profit

152.0m188.0m214.3m218.8m246.9m295.6m352.4m385.9m395.4m423.7m462.3m499.2m471.9m520.1m560.8m601.5m599.9m591.6m597.4m192.9m1.3b473.0m499.5m

Gross profit Margin, %

47%50%52%51%49%52%49%48%41%42%43%45%42%42%44%43%43%41%37%13%57%34%32%

General and administrative expense

89.6m113.3m124.0m129.7m143.7m156.8m192.6m207.8m186.6m208.1m225.5m231.7m238.7m258.0m264.6m298.8m284.0m328.2m373.2m337.1m212.6m121.1m171.0m

Operating expense total

108.1m137.3m159.7m162.0m186.1m209.0m273.5m286.8m274.2m295.6m329.0m330.1m336.8m374.9m392.8m431.8m421.5m491.1m573.1m514.4m639.1m574.3m560.0m

EBIT

43.9m50.7m54.6m56.8m60.8m86.6m78.8m99.1m121.2m128.1m133.3m169.1m135.0m145.1m168.0m169.7m178.4m100.6m24.3m(321.5m)661.3m(101.3m)(60.5m)

EBIT margin, %

14%14%13%13%12%15%11%12%13%13%12%15%12%12%13%12%13%7%1%(22%)29%(7%)(4%)

Interest expense

4.3m3.9m7.1m7.0m7.2m7.4m7.6m8.7m10.5m9.9m11.8m10.3m53.9m21.7m17.7m19.7m24.0m23.6m24.2m22.9m

Investment income

4.1m(447.0k)2.4m3.1m3.2m1.6m7.1m1.9m18.5m4.0m4.3m5.5m4.0m13.5m5.8m4.8m2.0m4.0m

Pre tax profit

64.7m52.2m48.0m49.3m55.9m79.5m105.1m90.4m110.7m118.2m145.2m205.4m81.2m166.9m135.0m175.3m151.7m67.6m(60.1m)(221.4m)

Income tax expense

12.1m13.2m11.2m11.7m13.2m17.7m32.0m32.7m27.4m18.0m(7.7m)46.8m4.5m(12.6m)27.7m27.9m35.5m21.4m(19.7m)(62.6m)(14.6m)(4.4m)(21.5m)

Net Income

50.2m35.1m39.1m40.4m43.2m64.2m80.1m60.3m101.8m108.2m160.1m160.1m79.4m191.5m109.0m146.4m115.1m50.2m22.4m(158.1m)678.4m(99.7m)(67.9m)

AmTrust Financial Services Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

406.8m414.4m830.0m902.8m932.0m567.8m763.1m

Accounts Receivable

18.6m

Prepaid Expenses

292.8m421.2m890.3m1.1b1.4b1.4b

Inventories

8.0b

PP&E

61.6m75.9m104.3m154.2m281.5m314.3m453.4m

Goodwill

147.7m229.8m373.6m352.7m432.7m686.6m552.9m

Total Assets

5.7b7.4b11.3b13.8b17.1b22.6b25.2b

Accounts Payable

406.4m638.0m9.8m311.1m

Short-term debt

1.0m

Long-term debt

279.6m200.0m560.2m757.9m1.0b1.3b

Total Debt

279.6m201.0m757.9m1.3b

Total Liabilities

4.7b6.2b9.7b11.7b14.0b19.1b21.8b

Common Stock

849.0k912.0k980.0k980.0k2.0m2.1m

Preferred Stock

115.0m300.0m482.5m913.8m

Additional Paid-in Capital

582.3m761.1m1.0b1.0b1.4b1.4b1.6b

Retained Earnings

617.8m611.7m593.6m954.7m1.3b1.4b860.9m

Total Equity

963.5m1.2b1.6b2.2b3.1b3.5b3.4b

Financial Leverage

5.9 x5.9 x7.1 x6.3 x5.5 x6.5 x7.5 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

256.4m320.9m277.2m357.8m558.0m450.7m449.6m485.8m539.0m569.1m546.2m997.0m846.0m910.7m998.3m1.0b1.1b621.7m891.6m766.1m728.5m668.8m554.9m

Prepaid Expenses

495.3m289.7m338.1m306.0m358.0m427.5m517.1m663.7m900.8m948.2m1.1b1.1b1.2b1.4b1.2b1.4b1.4b1.7b1.8b2.0b1.7b1.5b1.6b

PP&E

44.8m57.1m63.8m70.3m72.7m84.5m92.5m95.3m108.2m116.3m150.9m167.5m180.8m225.8m292.4m327.3m339.1m451.6m462.3m458.3m444.4m421.1m405.9m

Goodwill

107.7m142.5m173.0m178.6m190.7m237.4m246.7m249.2m393.1m397.6m400.3m458.0m422.4m501.0m426.3m603.7m654.9m704.6m808.2m790.4m534.4m529.5m528.4m

Total Assets

5.1b5.4b6.1b6.3b6.8b8.0b9.1b9.9b12.2b12.8b13.2b14.8b16.0b17.0b18.4b21.0b21.5b23.9b25.3b25.8b25.7b25.8b25.7b

Short-term debt

5.5m248.0k770.0k516.0k

Long-term debt

98.2m33.2m302.6m200.0m200.0m200.0m200.0m559.7m560.7m561.2m592.3m593.0m927.6m1.0b993.0m1.2b1.2b1.3b1.3b1.3b1.3b1.3b1.3b

Total Debt

98.2m33.2m302.6m205.5m200.2m200.8m200.5m559.7m560.7m561.2m592.3m593.0m927.6m1.0b993.0m1.2b1.2b1.3b1.3b1.3b1.3b1.3b1.3b

Total Liabilities

4.3b4.5b5.1b5.2b5.6b6.7b7.7b8.4b10.5b11.0b11.1b12.2b13.3b14.2b15.0b17.6b17.8b20.4b21.4b22.1b21.8b22.2b22.2b

Common Stock

847.0k848.0k850.0k851.0k912.0k912.0k912.0k980.0k980.0k980.0k980.0k982.0k982.0k982.0k2.0m2.0m2.0m2.0m2.1m2.1m2.1m2.1m2.1m

Preferred Stock

115.0m115.0m115.0m115.0m300.0m482.5m482.5m482.5m626.3m626.3m913.8m913.8m913.8m913.8m913.7m913.7m913.7m

Additional Paid-in Capital

555.0m556.5m585.6m595.1m756.8m762.9m760.5m1.0b1.0b1.0b1.0b1.1b1.1b1.1b1.4b1.4b1.4b1.4b1.6b1.6b1.6b1.6b1.6b

Retained Earnings

553.5m583.2m651.4m685.7m563.1m666.5m756.9m538.2m678.4m761.0m902.6m1.1b1.1b1.3b1.4b1.5b1.6b1.4b1.4b1.2b1.5b1.4b1.3b

Total Equity

873.1m907.7m1.0b1.1b1.2b1.3b1.4b1.5b1.7b1.9b2.1b2.6b2.6b2.8b3.3b3.4b3.7b3.5b3.9b3.7b3.9b3.6b3.5b

Debt to Equity Ratio

0.4 x0.3 x

Debt to Assets Ratio

0.1 x0.1 x

Financial Leverage

5.9 x6 x5.9 x5.8 x5.9 x6.3 x6.4 x6.6 x7.1 x6.9 x6.2 x5.6 x6.1 x6.1 x5.5 x6.2 x5.8 x6.8 x6.5 x7 x6.5 x7.2 x7.4 x

AmTrust Financial Services Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

170.4m178.0m289.2m446.6m510.5m430.4m(334.9m)

Depreciation and Amortization

50.0m45.0m53.1m63.1m88.0m117.3m158.4m

Cash From Operating Activities

294.6m527.6m915.4m1.2b990.8m916.7m(375.3m)

Purchases of PP&E

(38.6m)(27.4m)(39.6m)(77.2m)(167.5m)(117.0m)(199.4m)

Cash From Investing Activities

(97.4m)(590.1m)(929.6m)(1.1b)(1.7b)(1.6b)633.7m

Short-term Borrowings

(123.2m)(110.7m)(420.0m)(52.3m)

Long-term Borrowings

(6.7m)

Dividends Paid

(19.7m)(30.2m)(29.2m)(55.6m)(85.3m)(108.2m)(124.7m)

Cash From Financing Activities

19.4m66.8m426.9m(15.1m)781.8m268.4m(57.9m)

Net Change in Cash

213.9m7.5m415.7m72.7m29.2m(436.1m)195.4m

Interest Paid

12.9m8.4m65.7m36.7m43.1m68.1m74.9m

Income Taxes Paid

14.2m20.4m20.8m85.6m234.5m26.3m9.3m

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

95.3m130.4m39.1m79.4m122.7m64.2m164.2m221.5m101.7m205.9m363.1m164.1m244.9m437.9m113.1m265.2m383.4m50.2m79.3m(79.5m)

Depreciation and Amortization

31.8m40.2m8.7m17.4m27.8m13.2m29.3m47.3m14.6m29.3m45.1m19.4m38.5m61.6m25.3m54.8m89.8m40.8m81.5m118.7m

Cash From Operating Activities

174.9m232.3m88.4m224.5m399.6m198.3m496.6m604.8m399.3m657.7m897.6m197.4m182.1m543.7m688.5m618.8m839.9m249.1m277.6m(74.2m)296.0m323.9m359.7m

Purchases of PP&E

(18.3m)(33.1m)(5.0m)(14.7m)(20.0m)(8.4m)(23.4m)(29.3m)(9.0m)(22.5m)(64.7m)(21.9m)(44.4m)(100.4m)(25.6m)(65.5m)(93.8m)(156.2m)(188.7m)(193.2m)(7.5m)(4.9m)(2.0m)

Cash From Investing Activities

(87.0m)(151.4m)(256.4m)(338.9m)(311.7m)(59.3m)(538.7m)(850.5m)(472.8m)(592.5m)(1.0b)(240.8m)(730.5m)(1.0b)(702.9m)(873.7m)(835.9m)(366.3m)(103.3m)223.5m(447.0m)(434.8m)(693.4m)

Short-term Borrowings

(7.5m)(90.0m)(2.5m)(10.0m)(10.7m)(10.7m)(320.0m)(365.0m)(420.0m)(26.2m)(52.3m)(52.3m)

Long-term Borrowings

6.7m6.7m

Dividends Paid

(9.6m)(14.3m)(5.5m)(10.8m)(16.9m)(9.5m)(29.3m)(10.5m)(25.6m)(40.7m)(19.4m)(39.9m)(60.5m)(26.3m)(52.6m)(78.5m)(29.0m)(58.1m)(91.4m)(33.3m)(66.7m)(66.7m)

Cash From Financing Activities

(36.2m)37.3m36.0m64.6m61.4m(96.8m)80.2m317.4m(218.4m)(331.3m)(167.3m)149.0m494.0m507.6m84.8m353.1m182.3m167.8m130.5m(3.9m)(54.9m)5.4m13.6m

Net Change in Cash

54.5m118.9m(129.7m)(49.1m)151.1m36.4m35.3m71.4m(291.0m)(260.9m)(283.8m)94.3m(56.8m)7.9m66.3m77.6m160.9m54.0m323.8m198.4m(106.2m)(42.2m)(249.3m)

Interest Paid

6.6m10.1m2.9m10.7m12.6m2.5m10.6m13.1m9.8m18.5m29.1m11.4m18.2m31.6m16.3m28.9m46.1m25.5m

Income Taxes Paid

6.3m13.8m46.0k7.8m7.9m273.0k4.8m26.6m707.0k39.8m42.6m96.9m226.3m231.7m5.5m22.6m24.6m140.0k

AmTrust Financial Services Ratios

USDQ2, 2011

Financial Leverage

5.9 x

AmTrust Financial Services Operating Metrics

AmTrust Financial Services's Reported Claims, units was reported to be 83.8 k in FY, 2016.
FY, 2014FY, 2015FY, 2016

Reported Claims, units

75.17 k87.90 k83.84 k