Assurant, Inc.AIZ
NYSE•Financial Services•Insurance - Property & Casualty
Assurant, Inc. provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific. It operates through Global Lifestyle and Global Housing segments. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment protection, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and other products; and voluntary manufactured housing, and condominium and homeowners insurance products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in Atlanta, Georgia.
Assurant, Inc. (AIZ) reported trailing twelve months revenue of $13.16B as of March 2026, a 9.0% increase year-over-year. Quarterly revenue reached $3.42B, reflecting continued top-line momentum.
Assurant, Inc. generated $1.00B in TTM net income, with quarterly EBITDA of $402.10M. The operating margin expanded from 6.0% to 9.8%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (9.8%) and net margin (8.0%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 4.8% a year ago, signaling stronger bottom-line efficiency.
AIZ trades at a P/E of 10.7x (below the broader market average) and a P/S of 0.8x. The price-to-book ratio of 1.8x reflects a moderate premium to book value.
The company generated $192.60M in free cash flow over the trailing twelve months, a 43.2% decrease year-over-year, indicating cash generation ability. The balance sheet shows $35.77B in total assets with no in long-term debt against $5.87B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~8.1% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~14.7% on average, adequate but below the threshold typically associated with wide moats.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (7 of 7 quarters up), with ~13.8% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~9.4% — no sign of cost or pricing stress.
FCF covers net income by 1.9x on average — earnings are well-supported by cash generation.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 5.3% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation