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Companies $AMSF
$25.46 -$0.77 (2.94%) Close
Amerisafe Inc logo

Amerisafe Inc

amerisafe.com

What Do They Do?

Provides workers’ compensation insurance to small and mid-sized employers in hazardous industries such as construction, trucking, and logging and lumber.

How Do They Make Money?

Employers pay premiums for workers’ compensation policies, and AMERISAFE also receives premiums through state residual-market pooling arrangements.

FY2025 revenue

Who Are Their Customers?

Policies are sold through independent retail and wholesale agencies and AMERISAFE’s wholly owned agency; some employers seek coverage directly.

Do Revenues Turn Into Profits?

Yes. It kept 15 cents of every revenue dollar as net income in FY2025 and turned 3 cents into free cash flow.

Net income, FY2025
15% of revenue
▼ −15% vs FY2024 ($55.4M, 18%)
Free cash flow, FY2025
3% of revenue
▼ −62% vs FY2024 ($23.4M, 8%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +13%
vs $81.1M in Q2 FY2025
Net income
▲ +5%
vs $14M in Q2 FY2025
  • Apr 16, 2026 Appoints Guillermo A. Ramos as chief financial officer Ramos is scheduled to become CFO effective May 7, 2026.

Flat. Revenue was $317.3M in FY2025, about the same as the $315.9M of FY2021.

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