AmTrust Financial Services, Inc.

AmTrust Financial Services, Inc.

AFSIA
AmTrust Financial Services, Inc.US flagOther OTC
14.00
USD
- -
- -
2.77BMarket Cap
AmTrust Financial Services, Inc.
AFSIA
(Other OTC)

Recent

price

14.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
TTM
FRC
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Revenue per Share
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Basic EPS, GAAP
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Free Cash Flow per Basic Share
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Dividend per Share
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Book Value per Share
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Tangible Book Value per Share
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Basic Weighted Avg Shares
20
55
150
241
384
577
577
742
1,015
1,248
1,682
2,695
4,089
4,681
5,467
5,817
5,992
Sales/Revenue/Turnover
11.98
- -
- -
12.29
18.47
22.66
19.82
1.94
15.72
- -
13.23
11.91
9.61
11.66
9.71
- -
-4.9
Operating Margin (%)
- -
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1
5
5
8
9
18
20
29
53
61
84
117
158
40
Depreciation Expense
2
1
14
38
49
90
83
103
142
170
178
282
416
451
411
-349
258
Net Income, GAAP
- -
46.94
24.22
24.52
26.76
30.39
20.25
21.01
27.45
- -
10.82
26.7
6.83
8.27
17.06
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- -
Effective Tax Rate (%)
10.92
2.52
9.41
15.61
12.72
15.62
14.38
13.91
14.04
13.65
10.58
10.47
10.17
9.63
7.52
-6
4.31
Profit Margin (%)
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Working Capital
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- -
108
52
82
124
157
144
298
448
470
728
926
1,161
1,403
1,457
1,493
LT Debt
79
98
119
118
364
409
393
569
739
960
1,247
1,579
2,196
2,900
3,466
3,368
3,459
Total Equity
- -
- -
- -
10.29
15.94
16.58
13.07
1.38
11.56
- -
12.02
10.9
12.19
12.73
9.26
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Return on Invested Capital (%)
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5.03
14.79
20.81
26.84
32.21
19.25
18.18
20.02
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16.93
22.47
22.9
18.06
12.97
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Return on Capital (%)
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76.75
96.6
65.64
64.51
38.1
34.58
35.1
31.35
28.91
46.43
52.24
39.71
28.36
-36.58
15.64
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'18
Jun'18
Sep'18
ST Debt
130
130
- -
LT Borrowings
1,461
1,483
1,493
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
914
914
914
Shares Outstanding
196
198
198
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Mar'18
Jun'18
Sep'18
Total Current Assets
- -
- -
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Cash, Cash Equivalents & STI
935
838
753
Accounts Receivable, Net
8,960
9,123
9,137
Inventories
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- -
- -
Total Current Liabilities
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- -
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Payables & Accruals
1,966
1,858
1,882
ST Debt
130
130
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Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.51%
22.88%
-2.81%
Free Cash Flow
186.91%
-19.86%
-171.87%
Net Income, GAAP
-0.09%
-15.88%
-184.89%
Sales/Revenue/Turnover
27.27%
29.93%
6.39%
Total Cash Common Dividend
39.86%
36.5%
15.22%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
1,233
1,356
1,393
1,436
5,467
2017
1,423
1,562
1,582
1,437
5,817
2018
1,576
1,395
1,584
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- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
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2017
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2018
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Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
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2017
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2018
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Business
AmTrust Financial Services, Inc. is a multinational property and casualty insurance company headquartered in New York, New York, founded in 1998. The company operates through its subsidiaries across North America, the United Kingdom, and mainland Europe, serving a broad range of small to medium-sized commercial clients and specialty insurance markets. AmTrust’s core offerings include workers' compensation insurance, general liability, business owners policies (BOP), cyber liability, employment practices liability (EPLI), specialty risk insurance, extended warranty insurance, and commercial package insurance. It also provides financial institutions insurance products such as management professional liability, fiduciary liability coverage, and fidelity bonds. AmTrust's business segments are organized into small commercial business insurance; specialty risk and extended warranty; and specialty middle-market property and casualty insurance programs. In recent developments during 2024 and 2025, AmTrust expanded its Excess & Surplus (E&S) division significantly, introducing new lines of business including property, environmental, and builders risk insurance. The company consolidated its primary, excess, and environmental products into a new brokerage casualty group to enhance its integrated service offerings within the specialty insurance market. Additionally, AmTrust announced an agreement with Blackstone Credit & Insurance to spin off seven managing general agencies into an independent multinational MGA platform, with AmTrust maintaining a 10-year underwriting capacity agreement for existing books of business, enhancing its strategic positioning in cyber excess, directors and officers, transactional risk, professional indemnity, legal expense, mortgage, warranty, and specialty personal and commercial niche property coverages. These changes reflect AmTrust’s long-term strategy of growing its specialty insurance platform through new product launches, partnerships, and market expansions. AmTrust’s insurance products primarily target small businesses including restaurants, retail stores, professional offices, financial services firms, and niche industries requiring specialized coverage solutions. The company emphasizes risk management expertise alongside its insurance protection and warranty programs. AmTrust has approximately 7,000 employees globally and serves a diverse client base with customized insurance and warranty products, emphasizing innovation in specialty lines and enhanced service delivery through its managing general agent network. Overall, AmTrust Financial Services, Inc. positions itself as a leading private specialty property and casualty insurer with a comprehensive product suite, extensive geographic reach, and ongoing strategic initiatives to expand its specialty insurance capabilities and MGA relationships internationally. The company remains privately held and is recognized by AM Best Company with an “A−” (Excellent) rating for its financial strength and operating performance. This description is based on AmTrust’s latest corporate information, product portfolio, and strategic announcements through 2025.