Financial Snapshot

Revenue
$224.0M
TTM
Gross Margin
80.56%
TTM
Net Earnings
$70.77M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$235.7M
Q4 2024
Cash
Q4 2024
P/E
9.747
Nov 29, 2024 EST
Free Cash Flow
$241.9M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $296.7M $286.5M $455.4M $634.5M $846.7M $825.1M $723.9M $654.4M $487.1M $357.6M $280.2M $208.1M $131.2M $96.42M $79.99M $88.47M $101.1M $112.6M $82.50M
YoY Change 3.53% -37.08% -28.23% -25.05% 2.61% 13.98% 10.62% 34.35% 36.23% 27.6% 34.67% 58.56% 36.11% 20.54% -9.58% -12.49% -10.21% 36.48%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $296.7M $286.5M $455.4M $634.5M $846.7M $825.1M $723.9M $654.4M $487.1M $357.6M $280.2M $208.1M $131.2M $96.42M $79.99M $88.47M $101.1M $112.6M $82.50M
Cost Of Revenue $69.32M $46.68M $96.11M
Gross Profit $227.3M $239.9M $359.3M
Gross Profit Margin 76.63% 83.71% 78.9%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Selling, General & Admin $29.49M $63.32M $57.21M $72.10M $66.00M $66.10M $81.80M $43.00M $29.90M $20.00M $14.60M $11.70M $9.700M $7.500M $7.000M $7.200M $4.900M $3.600M
YoY Change -53.43% 10.67% -20.65% 9.24% -0.15% -19.19% 90.23% 43.81% 49.5% 36.99% 24.79% 20.62% 29.33% 7.14% -2.78% 46.94% 36.11%
% of Gross Profit 12.29% 17.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.852M $1.602M $6.143M $7.876M $6.441M $6.305M $4.222M $5.806M $2.424M $1.803M $731.0K $697.0K $684.0K $26.76M $24.90M $25.96M $800.0K $700.0K $700.0K
YoY Change 202.87% -73.92% -22.0% 22.28% 2.16% 49.34% -27.28% 139.52% 34.44% 146.65% 4.88% 1.9% -97.44% 7.48% -4.09% 3145.0% 14.29% 0.0%
% of Gross Profit 2.13% 0.67% 1.71%
Operating Expenses $183.7M $888.4M $709.0M $969.2M $44.31M $40.59M $27.68M $20.52M $15.32M $11.75M $9.222M $8.630M $5.090M $3.968M $5.218M $59.20M $56.90M $64.20M
YoY Change -79.32% 25.31% -26.85% 2087.32% 9.16% 46.67% 34.84% 34.0% 30.39% 27.37% 6.86% 69.55% 28.28% -23.96% -91.19% 4.04% -11.37%
Operating Profit $99.60M $89.73M -$454.9M -$84.04M -$132.2M -$32.73M -$4.355M $757.0K $6.903M $41.57M $64.33M $34.49M $15.23M $13.19M -$682.0K $6.327M
YoY Change 10.99% -119.73% 441.25% -36.42% 303.9% 651.44% -675.3% -89.03% -83.39% -35.39% 86.55% 126.45% 15.45% -2034.16% -110.78%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Interest Expense $12.00M $10.88M -$9.613M $9.391M $9.582M $9.781M $9.866M $3.247M $723.0K $326.0K $410.0K $367.0K $355.0K $548.0K $1.767M $3.177M -$2.800M -$6.100M -$4.100M
YoY Change 10.31% -213.13% -202.36% -1.99% -2.03% -0.86% 203.85% 349.1% 121.78% -20.49% 11.72% 3.38% -35.22% -68.99% -44.38% -213.46% -54.1% 48.78%
% of Operating Profit 12.04% 12.12% 428.93% 10.47% 0.78% 0.64% 1.06% 2.33% 4.15% 50.21%
Other Income/Expense, Net $2.063M $2.239M $10.40M $184.0K $74.00K $119.0K $116.0K $153.0K $100.0K $294.0K $77.00K $1.000K $485.0K -$175.0K -$700.0K $0.00 $2.600M -$1.600M -$900.0K
YoY Change -7.86% -78.46% 5549.46% 148.65% -37.82% 2.59% -24.18% 53.0% -65.99% 281.82% 7600.0% -99.79% -377.14% -75.0% -100.0% -262.5% 77.78%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Pretax Income $101.7M $91.97M -$442.6M -$83.86M -$132.1M -$32.61M -$4.239M $910.0K $7.003M $41.86M $64.41M $34.49M $15.71M $13.02M -$1.408M $6.327M $41.60M $47.90M $13.20M
YoY Change 10.53% -120.78% 427.83% -36.52% 305.15% 669.19% -565.82% -87.01% -83.27% -35.01% 86.77% 119.47% 20.73% -1024.43% -122.25% -84.79% -13.15% 262.88%
Income Tax $25.34M $9.773M $25.49M -$23.99M -$36.61M -$3.121M -$4.633M -$9.235M $1.305M $14.50M $23.40M $14.15M $6.009M $4.928M -$483.0K $2.270M $8.200M $8.300M -$4.000M
% Of Pretax Income 24.93% 10.63% -1014.84% 18.63% 34.64% 36.33% 41.02% 38.24% 37.86% 35.88% 19.71% 17.33% -30.3%
Net Earnings $75.72M $309.9M -$468.0M -$57.92M -$96.45M -$29.87M $290.0K $10.15M $5.698M $27.36M $41.01M $20.34M $9.705M $8.088M -$925.0K $4.057M $33.40M $39.60M $17.20M
YoY Change -75.57% -166.22% 708.02% -39.95% 222.89% -10400.69% -97.14% 78.04% -79.17% -33.29% 101.62% 109.6% 19.99% -974.38% -122.8% -87.85% -15.66% 130.23%
Net Earnings / Revenue 25.52% 108.16% -102.76% -9.13% -11.39% -3.62% 0.04% 1.55% 1.17% 7.65% 14.64% 9.78% 7.4% 8.39% -1.16% 4.59% 33.04% 35.17% 20.85%
Basic Earnings Per Share $1.59 $7.11 -$10.91 -$1.35 -$2.25 -$0.70 $0.01 $0.27 $0.27 $1.29 $2.06 $1.26 $0.91 $0.77 -$0.09 $0.38
Diluted Earnings Per Share $1.54 $6.98 -$10.87 -$1.35 -$2.25 -$0.70 $0.01 $0.27 $0.26 $1.28 $2.05 $1.26 $0.91 $0.77 -$0.09 $0.38 $3.064M $3.356M $1.458M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $153.8M $229.9M $212.0M $239.4M $215.5M $112.7M $276.3M $150.7M $84.80M $61.40M $34.90M $71.20M $41.60M $71.60M $27.10M $29.50M $56.90M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.600M
YoY Change
Property, Plant & Equipment $4.251M $19.59M $33.25M $36.40M $33.10M $17.10M $17.30M $17.90M $17.10M $8.000M $2.400M $300.0K $300.0K $100.0K
YoY Change -78.3% -41.08% -8.65% 9.97% 93.57% -1.16% -3.35% 4.68% 113.75% 233.33% 0.0% 200.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $197.2M $432.1M $719.6M $995.1M $1.012B $951.8M $834.5M $528.6M $452.7M $381.6M $291.7M $152.2M $124.3M $54.60M $133.0M $126.2M $113.8M
YoY Change -54.37% -39.95% -27.69% -1.64% 6.29% 14.06% 57.87% 16.77% 18.63% 30.82% 91.66% 22.45% 127.66% -58.95% 5.39% 10.9%
Other Assets $26.17M $53.72M $33.25M $62.10M $71.60M $71.40M $0.00 $2.700M $4.700M
YoY Change -51.29% 61.54% -46.45% -13.27% 0.28% -100.0% -42.55%
Total Long-Term Assets $246.2M
YoY Change
Total Assets $1.060B $2.839B $2.699B $2.849B $2.467B $2.321B $2.060B $999.7M $740.0M $584.2M $441.2M $313.6M $240.2M $213.6M $247.8M $232.1M $242.4M
YoY Change
Accounts Payable $75.28M $74.50M $76.26M $91.20M $78.60M $71.00M $46.60M $6.800M $10.70M $13.90M
YoY Change 1.05% -2.3% -16.38% 16.03% 10.7% 52.36% -36.45% -23.02%
Accrued Expenses $776.0K $1.689M $1.934M $2.300M $300.0K $9.200M
YoY Change -54.06% -12.67% -15.91% 666.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $11.00M
YoY Change
Total Short-Term Liabilities $78.18M $291.2M $192.7M $171.4M $136.5M $127.5M $88.40M $10.60M $14.20M $38.80M
YoY Change -73.16% 51.13% 12.44% 25.57% 7.06% 44.23% -25.35% -63.4%
Long-Term Debt $148.7M $152.5M $156.6M $158.1M $159.0M $160.1M $161.4M $54.20M $12.40M $13.50M $14.70M $15.90M $17.10M $18.20M $41.40M $41.30M $32.80M
YoY Change -2.48% -2.62% -0.96% -0.57% -0.69% -0.81% 197.79% 337.1% -8.15% -8.16% -7.55% -7.02% -6.04% -56.04% 0.24% 25.91%
Other Long-Term Liabilities $1.159M $23.16M $39.31M $46.30M $47.40M $29.60M $85.80M $91.20M $42.50M $37.70M $38.60M $19.20M $17.90M $10.50M $1.600M $2.500M $4.800M
YoY Change -95.0% -41.08% -15.1% -2.32% 60.14% -65.5% -5.92% 114.59% 12.73% -2.33% 101.04% 7.26% 70.48% 556.25% -36.0% -47.92%
Total Long-Term Liabilities $149.8M $175.6M $195.9M $204.4M $206.4M $189.7M $247.2M $145.4M $54.90M $51.20M $53.30M $35.10M $35.00M $28.70M $43.00M $43.80M $37.60M
YoY Change -14.68% -10.34% -4.17% -0.97% 8.8% -23.26% 70.01% 164.85% 7.23% -3.94% 51.85% 0.29% 21.95% -33.26% -1.83% 16.49%
Total Liabilities $891.6M $3.020B $2.386B $2.453B $1.964B $1.801B $1.523B $758.4M $500.8M $380.4M $333.6M $225.6M $185.2M $168.3M $199.7M $189.1M $196.3M
YoY Change -70.47% 26.54% -2.73% 24.9% 9.04% 18.28% 100.79% 51.44% 31.65% 14.03% 47.87% 21.81% 10.04% -15.72% 5.61% -3.67%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $689.81 Million

About AMERICAN COASTAL INSURANCE Corp

American Coastal Insurance Corp. engages in the residential personal and commercial property and casualty insurance business. The company is headquartered in Saint Petersburg, Florida and currently employs 71 full-time employees. The company went IPO on 2007-10-05. The firm is primarily engaged in the commercial and personal property and casualty insurance business with investments in the United States. Its primary products are commercial and homeowners' residential property insurance. The company has two segments: commercial residential property and casualty insurance policies (commercial lines) and personal residential property and casualty insurance policies (personal lines). Its personal lines business provides structure, content and liability coverage for standard single-family homeowners, renters and condominium unit owners, through its subsidiary Interboro Insurance Company. Personal residential products are offered in New York. Its commercial lines business primarily provides commercial multi-peril property insurance for residential condominium associations and apartments in Florida, through its subsidiary AmCoastal.

Industry: Fire, Marine & Casualty Insurance Peers: Conifer Holdings, Inc. KINGSTONE COMPANIES, INC. HALLMARK FINANCIAL SERVICES INC Heritage Insurance Holdings, Inc. ICC Holdings, Inc. PROGRESSIVE CORP/OH/