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AMERISAFE, Inc. is a specialty provider of workers compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, agriculture, services, manufacturing, and maritime. Since commencing operations in 1986, we have gained significant experience underwriting the complex workers compensation exposures in…
Net margin is thin at 14.86%. This may reflect rising credit costs, rate compression, or operational inefficiency.
Revenue growth slowed to 2.7%, essentially flat. This is a business that needs a catalyst.
Net income declined 15% YoY, profitability momentum has weakened.
Profitability & Returns
Revenue (TTM)
$325M
▲ +2.7% YoY
Net Income (TTM)
$46M
▼ -15.0% YoY
Net Margin
14.27%
P/E
—
Balance Sheet
Total Assets
$1.12B
Equity
$247M
Total Debt
$0.00
Cash & Equiv.
$34M
5Y CAGR: -1.3%
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