Assurant, Inc. (AIZ) Financials

NYSE:AIZ

Market Cap

7.46B

Total Revenue

10.19B

Gross Profit

10.19B

Operating Income

458.20M

Net Income

276.60M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	9,031,347,000	10,383,159,000	10,312,506,000	7,107,689,000	6,311,100,000	8,000,700,000	10,072,500,000	9,593,400,000	10,187,600,000	10,193,000,000
costOfRevenue	--	--	--	--	--	--	--	--	--	--
grossProfit	9,031,347,000	10,383,159,000	10,312,506,000	7,107,689,000	6,311,100,000	8,000,700,000	10,072,500,000	9,593,400,000	10,187,600,000	10,193,000,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	3,322,100,000	3,529,400,000	3,835,800,000	--
generalAndAdministrativeExpenses	4,504,691,000	5,173,788,000	5,326,662,000	4,794,070,000	4,050,400,000	5,281,200,000	3,250,500,000	3,110,000,000	3,240,600,000	--
sellingGeneralAndAdministrativeExpenses	4,504,691,000	5,173,788,000	5,326,662,000	4,794,070,000	4,050,400,000	5,281,200,000	6,572,600,000	6,639,400,000	7,076,400,000	7,366,300,000
operatingExpenses	8,258,000,000	9,638,000,000	10,124,000,000	6,683,000,000	5,971,000,000	7,724,000,000	-9,522,200,000	-9,091,200,000	-8,645,700,000	7,366,300,000
operatingIncome	867,434,000	802,532,000	256,297,000	906,207,000	494,000,000	432,200,000	550,300,000	502,200,000	1,541,900,000	458,200,000
totalOtherIncomeExpensesNet	-77,735,000	-58,395,000	-55,116,000	-57,619,000	-49,500,000	-98,700,000	4,200,000	78,600,000	-758,900,000	-108,300,000
ebitda	992,285,000	934,749,000	393,402,000	1,031,350,000	609,700,000	559,100,000	676,100,000	646,500,000	1,713,500,000	640,200,000
depreciationAndAmortization	124,851,000	132,217,000	137,105,000	125,143,000	115,700,000	126,900,000	125,800,000	144,300,000	171,600,000	182,000,000
interestIncome	--	--	--	--	--	--	--	--	--	--
interestExpense	77,735,000	58,395,000	55,116,000	57,619,000	49,500,000	100,300,000	110,600,000	104,500,000	111,800,000	108,300,000
incomeBeforeTax	789,699,000	744,137,000	201,181,000	848,588,000	444,500,000	333,500,000	554,500,000	580,800,000	783,000,000	349,900,000
incomeTaxExpense	300,792,000	273,230,000	59,626,000	283,238,000	-75,100,000	80,900,000	167,700,000	60,400,000	169,500,000	73,300,000
netIncome	488,907,000	470,907,000	141,555,000	565,350,000	519,600,000	251,000,000	382,600,000	441,800,000	613,500,000	276,600,000
eps	6.38	6.52	2.08	9.23	9.45	4.24	5.87	7.02	10.37	5.09
epsdiluted	6.3	6.44	2.05	9.13	9.39	4.22	5.84	6.98	10.2	5.05
weightedAverageShsOut	76,648,688	72,181,447	68,163,825	61,261,288	54,986,654	59,239,608	61,942,969	60,114,670	59,140,861	54,371,531
weightedAverageShsOutDil	77,654,764	73,152,010	69,017,209	61,934,774	55,311,032	59,545,524	62,313,468	63,179,938	60,123,694	54,782,528
costAndExpenses	8,241,648,000	9,639,022,000	10,111,325,000	6,259,101,000	5,866,600,000	7,667,200,000	9,518,000,000	9,012,600,000	9,404,600,000	9,843,100,000
otherExpenses	3,753,309,000	4,464,212,000	4,797,338,000	1,888,930,000	1,920,600,000	2,442,800,000	-16,094,800,000	-15,730,600,000	-15,722,100,000	--

Key Facts

Industry

Insurance—Specialty

Sector

Financial Services

Headquarters

New York, NY, US

Website

assurant.com

CEO

Mr. Keith Warner Demmings

Employees

13700

About the Company

Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service products and related services for mobile devices, consumer electronics, and appliances; vehicle protection and related services; and credit protection and other insurance products. The Global Housing segment provides lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty 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 New York, New York.