Employers Holdings, Inc. - Understand $eig stock

$EIG Market Cap: $1.316 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$889.8M

TTM

Gross Margin

48.37%

TTM

Net Earnings

$135.9M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$3.617B

Q3 2024

Total Liabilities

$2.524B

Q3 2024

Book Value

$1.093B

Q3 2024

Cash

$143.3M

Q3 2024

P/E

9.681

Nov 29, 2024 EST

Free Cash Flow

$36.90M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	$850.9M	$713.5M	$703.1M	$711.4M	$835.9M	$800.4M	$801.4M	$779.8M	$752.1M	$773.5M	$723.5M	$579.2M	$464.2M	$415.6M	$495.9M	$396.8M	$429.9M	$520.3M	$496.5M	$456.7M	$331.1M	$208.5M	$175.9M
YoY Change	19.26%	1.48%	-1.17%	-14.89%	4.44%	-0.12%	2.77%	3.68%	-2.77%	6.91%	24.92%	24.78%	11.68%	-16.2%	24.98%	-7.7%	-17.37%	4.79%	8.71%	37.93%	58.8%	18.53%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	$850.9M	$713.5M	$703.1M	$711.4M	$835.9M	$800.4M	$801.4M	$779.8M	$752.1M	$773.5M	$723.5M	$579.2M	$464.2M	$415.6M	$495.9M	$396.8M	$429.9M	$520.3M	$496.5M	$456.7M	$331.1M	$208.5M	$175.9M
Cost Of Revenue	$405.7M	$391.0M	$315.2M	$302.4M	$365.9M	$376.7M	$417.2M	$417.9M	$429.4M	$453.4M	$463.6M	$287.9M	$262.5M	$194.8M	$214.5M
Gross Profit	$445.2M	$322.5M	$387.9M	$409.0M	$470.0M	$423.7M	$384.2M	$361.9M	$322.7M	$320.1M	$259.9M	$291.3M	$201.6M	$220.8M	$281.5M
Gross Profit Margin	52.32%	45.2%	55.17%	57.49%	56.23%	52.94%	47.94%	46.41%	42.91%	41.38%	35.92%	50.29%	43.44%	53.13%	56.76%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Selling, General & Admin												$3.200M	$3.400M	$4.300M	$6.900M	$1.300M	-$100.0K	$500.0K	$1.000M
YoY Change												-5.88%	-20.93%	-37.68%	430.77%	-1400.0%	-120.0%	-50.0%
% of Gross Profit												1.1%	1.69%	1.95%	2.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$4.800M	$5.300M	$7.400M	$8.200M	$9.000M	$6.300M	$8.200M	$8.500M	$8.300M	$7.000M	$6.100M	$5.601M	$6.388M	$7.098M	$9.899M	$7.200M	$6.400M	$4.200M	$2.200M	$2.000M
YoY Change	-9.43%	-28.38%	-9.76%	-8.89%	42.86%	-23.17%	-3.53%	2.41%	18.57%	14.75%	8.91%	-12.32%	-10.0%	-28.3%	37.49%	12.5%	52.38%	90.91%	10.0%
% of Gross Profit	1.08%	1.64%	1.91%	2.0%	1.91%	1.49%	2.13%	2.35%	2.57%	2.19%	2.35%	1.92%	3.17%	3.21%	3.52%
Operating Expenses	$685.7M	$657.7M	$556.1M	$563.7M	$642.1M	$630.9M	$657.4M	$639.1M	$652.7M	$666.9M	$670.4M	$481.6M	$417.6M	$349.3M	$403.6M	$282.6M	$279.0M	$266.0M	$328.5M	$350.1M	$231.2M	$175.0M	$123.1M
YoY Change	4.26%	18.27%	-1.35%	-12.21%	1.78%	-4.03%	2.86%	-2.08%	-2.13%	-0.52%	39.19%	15.32%	19.57%	-13.47%	42.83%	1.29%	4.89%	-19.03%	-6.17%	51.43%	32.11%	42.16%
Operating Profit	-$240.5M	-$335.2M	-$168.2M	-$154.7M	-$172.1M	-$207.2M	-$273.2M	-$277.2M	-$330.0M	-$346.8M	-$410.5M	-$190.4M	-$216.0M	-$128.5M	-$122.2M
YoY Change	-28.25%	99.29%	8.73%	-10.11%	-16.94%	-24.16%	-1.44%	-16.0%	-4.84%	-15.52%	115.64%	-11.87%	68.14%	5.15%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	-$5.800M	$3.500M	$500.0K	$400.0K	$600.0K	$1.500M	$1.400M	$1.600M	$2.700M	$3.000M	$3.200M	$3.504M	$3.642M	$5.693M	$7.409M	-$2.100M	$0.00	$0.00	$0.00
YoY Change	-265.71%	600.0%	25.0%	-33.33%	-60.0%	7.14%	-12.5%	-40.74%	-10.0%	-6.25%	-8.68%	-3.79%	-36.03%	-23.16%	-452.81%
% of Operating Profit
Other Income/Expense, Net	$11.00M	$0.00	$4.100M	$800.0K	$0.00	$0.00	$7.500M	$0.00	$0.00
YoY Change		-100.0%	412.5%			-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Pretax Income	$148.4M	$55.80M	$147.0M	$147.7M	$193.8M	$169.5M	$144.0M	$140.7M	$99.40M	$106.6M	$53.10M	$97.54M	$46.52M	$66.32M	$92.30M	$112.1M	$150.9M	$254.3M	$168.0M	$106.6M	$99.90M	$33.50M	$52.80M
YoY Change	165.95%	-62.04%	-0.47%	-23.79%	14.34%	17.71%	2.35%	41.55%	-6.75%	100.75%	-45.56%	109.7%	-29.86%	-28.14%	-17.66%	-25.71%	-40.66%	51.37%	57.6%	6.71%	198.21%	-36.55%
Income Tax	$30.30M	$7.400M	$27.70M	$27.90M	$36.70M	$28.20M	$42.80M	$34.00M	$5.000M	$5.900M	-$10.70M	-$9.347M	-$2.106M	$3.523M	$9.277M	$10.30M	$30.60M	$82.70M	$30.40M	$11.00M	$3.700M	$800.0K	$2.700M
% Of Pretax Income	20.42%	13.26%	18.84%	18.89%	18.94%	16.64%	29.72%	24.16%	5.03%	5.53%	-20.15%	-9.58%	-4.53%	5.31%	10.05%	9.19%	20.28%	32.52%	18.1%	10.32%	3.7%	2.39%	5.11%
Net Earnings	$118.1M	$48.40M	$119.3M	$119.8M	$157.1M	$141.3M	$101.2M	$106.7M	$94.40M	$100.7M	$63.80M	$106.9M	$48.62M	$63.47M	$83.02M	$101.8M	$120.3M	$171.6M	$137.6M	$95.60M	$96.20M	$32.70M	$50.10M
YoY Change	144.01%	-59.43%	-0.42%	-23.74%	11.18%	39.62%	-5.15%	13.03%	-6.26%	57.84%	-40.31%	119.84%	-23.39%	-23.55%	-18.45%	-15.38%	-29.9%	24.71%	43.93%	-0.62%	194.19%	-34.73%
Net Earnings / Revenue	13.88%	6.78%	16.97%	16.84%	18.79%	17.65%	12.63%	13.68%	12.55%	13.02%	8.82%	18.46%	10.48%	15.27%	16.74%	25.66%	27.98%	32.98%	27.71%	20.93%	29.05%	15.68%	28.48%
Basic Earnings Per Share	$4.48	$1.76	$4.22	$4.01	$4.89	$4.30	$3.11	$3.29	$2.94	$3.19	$2.05	$3.40	$1.30	$1.52	$1.81
Diluted Earnings Per Share	$4.45	$1.75	$4.17	$3.97	$4.83	$4.24	$3.06	$3.24	$2.90	$3.14	$2.00	$3.37	$1.30	$1.51	$1.80	$2.065M	$2.318M	$3.256M	$2.611M	$1.814M	$1.825M	$620.5K	$950.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$226.4M	$89.20M	$75.10M	$160.4M	$154.9M	$101.4M	$73.30M	$67.20M	$56.60M	$103.6M	$34.50M	$140.7M	$252.3M	$119.8M	$191.6M	$202.9M	$149.7M	$80.00M	$61.10M	$60.40M	$166.2M	$283.4M	$183.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets												$21.00M	$6.100M	$4.000M	$4.100M	$11.00M
YoY Change												244.26%	52.5%	-2.44%	-62.73%
Property, Plant & Equipment	$11.60M	$23.50M	$28.90M	$36.50M	$37.80M	$18.20M	$13.90M	$22.20M	$24.90M	$21.00M	$16.60M	$14.70M	$11.40M	$11.70M	$13.10M	$14.10M	$14.10M	$15.60M	$10.10M	$3.200M	$4.200M	$4.700M	$18.60M
YoY Change	-50.64%	-18.69%	-20.82%	-3.44%	107.69%	30.94%	-37.39%	-10.84%	18.57%	26.51%	12.93%	28.95%	-2.56%	-10.69%	-7.09%	0.0%	-9.62%	54.46%	215.63%	-23.81%	-10.64%	-74.73%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$2.278B	$2.569B	$2.736B	$2.757B	$2.778B	$2.728B	$2.678B	$2.553B	$2.487B	$2.448B	$2.345B	$2.150B	$1.951B	$2.081B	$2.030B	$2.043B	$1.726B	$1.716B	$1.596B	$1.358B	$1.016B	$858.6M	$975.9M
YoY Change	-11.32%	-6.11%	-0.77%	-0.76%	1.86%	1.87%	4.9%	2.63%	1.58%	4.41%	9.09%	10.19%	-6.24%	2.51%	-0.65%	18.34%	0.62%	7.51%	17.49%	33.71%	18.31%	-12.02%
Other Assets	$43.60M	$62.90M	$200.0K	$200.0K	$300.0K	$27.50M	$29.70M	$63.00M	$70.40M	$60.50M	$64.60M	$31.60M	$28.40M	$55.00M	$43.50M	$81.00M	$59.70M	$73.80M	$73.20M	$72.80M	$73.20M	$82.80M	$85.70M
YoY Change	-30.68%	31350.0%	0.0%	-33.33%	-98.91%	-7.41%	-52.86%	-10.51%	16.36%	-6.35%	104.43%	11.27%	-48.36%	26.44%	-46.3%	35.68%	-19.11%	0.82%	0.55%	-0.55%	-11.59%	-3.38%
Total Long-Term Assets												$3.490B	$3.476B	$3.476B	$3.673B	$3.814B
YoY Change												0.41%	0.0%	-5.35%	-3.71%
Total Assets	$3.550B	$3.717B	$3.783B	$3.923B	$4.004B	$3.919B	$3.840B	$3.773B	$3.756B	$3.770B	$3.643B	$3.511B	$3.482B	$3.480B	$3.677B	$3.825B	$3.191B	$3.196B	$3.094B	$2.936B	$2.738B	$2.684B	$2.714B
YoY Change
Accounts Payable	$26.10M	$28.70M	$24.10M	$22.90M	$29.80M	$37.10M	$23.70M	$24.20M	$24.10M	$20.40M	$18.70M	$19.50M	$15.00M	$18.60M	$19.00M	$24.20M	$20.70M	$22.20M	$13.40M	$10.50M	$9.100M	$8.100M	$11.30M
YoY Change	-9.06%	19.09%	5.24%	-23.15%	-19.68%	56.54%	-2.07%	0.41%	18.14%	9.09%	-4.1%	30.0%	-19.35%	-2.11%	-21.49%	16.91%	-6.76%	65.67%	27.62%	15.38%	12.35%	-28.32%
Accrued Expenses	$71.90M	$71.80M	$58.70M	$62.90M	$66.40M	$57.30M	$55.30M	$48.80M	$52.50M	$46.30M	$45.30M	$40.80M	$28.90M	$17.30M	$20.80M	$21.80M	$7.500M	$6.800M	$11.30M	$16.80M	$13.00M	$9.800M	$4.800M
YoY Change	0.14%	22.32%	-6.68%	-5.27%	15.88%	3.62%	13.32%	-7.05%	13.39%	2.21%	11.03%	41.18%	67.05%	-16.83%	-4.59%	190.67%	10.29%	-39.82%	-32.74%	29.23%	32.65%	104.17%
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	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$100.0K	$200.0K	$100.0K	$200.0K
YoY Change	-50.0%	100.0%	-50.0%
Total Short-Term Liabilities	$98.10M	$100.7M	$82.90M	$86.00M	$96.20M	$94.40M	$79.00M	$73.00M	$76.60M	$66.70M	$64.00M	$63.20M	$47.70M	$41.10M	$47.80M	$54.70M	$42.50M	$53.80M	$45.40M	$34.10M	$36.90M	$34.50M	$30.10M
YoY Change	-2.58%	21.47%	-3.6%	-10.6%	1.91%	19.49%	8.22%	-4.7%	14.84%	4.22%	1.27%	32.49%	16.06%	-14.02%	-12.61%	28.71%	-21.0%	18.5%	33.14%	-7.59%	6.96%	14.62%
Long-Term Debt	$100.0K	$200.0K	$400.0K	$24.30M	$23.00M	$38.80M	$20.00M	$32.00M	$32.00M	$92.00M	$102.0M	$112.0M	$122.0M	$132.0M	$132.0M	$182.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-50.0%	-50.0%	-98.35%	5.65%	-40.72%	94.0%	-37.5%	0.0%	-65.22%	-9.8%	-8.93%	-8.2%	-7.58%	0.0%	-27.47%
Other Long-Term Liabilities	$174.1M	$371.4M	$193.2M	$215.5M	$189.2M	$223.6M	$209.0M	$216.5M	$230.0M	$243.7M	$274.3M	$300.0M	$383.3M	$387.7M	$414.3M	$440.4M	$435.7M	$457.2M	$473.5M	$524.9M	$536.2M	$600.8M	$665.1M
YoY Change	-53.12%	92.24%	-10.35%	13.9%	-15.38%	6.99%	-3.46%	-5.87%	-5.62%	-11.16%	-8.57%	-21.73%	-1.13%	-6.42%	-5.93%	1.08%	-4.7%	-3.44%	-9.79%	-2.11%	-10.75%	-9.67%
Total Long-Term Liabilities	$174.2M	$371.6M	$193.6M	$239.8M	$212.2M	$262.4M	$229.0M	$248.5M	$262.0M	$335.7M	$376.3M	$412.0M	$505.3M	$519.7M	$546.3M	$622.4M	$435.7M	$457.2M	$473.5M	$524.9M	$536.2M	$600.8M	$665.1M
YoY Change	-53.12%	91.94%	-19.27%	13.01%	-19.13%	14.59%	-7.85%	-5.15%	-21.95%	-10.79%	-8.67%	-18.46%	-2.77%	-4.87%	-12.23%	42.85%	-4.7%	-3.44%	-9.79%	-2.11%	-10.75%	-9.67%
Total Liabilities	$2.537B	$2.773B	$2.570B	$2.710B	$2.838B	$2.901B	$2.892B	$2.933B	$2.995B	$3.083B	$3.075B	$2.972B	$3.020B	$2.990B	$3.178B	$3.380B	$2.812B	$2.892B	$2.950B	$2.926B	$2.843B	$2.912B	$2.972B
YoY Change	-8.51%	7.88%	-5.16%	-4.53%	-2.16%	0.3%	-1.38%	-2.08%	-2.85%	0.27%	3.46%	-1.6%	1.01%	-5.92%	-5.98%	20.22%	-2.77%	-1.96%	0.81%	2.92%	-2.37%	-2.01%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	26.37M shares	27.50M shares	28.29M shares	29.91M shares	32.12M shares	32.88M shares	32.50M shares	32.43M shares	32.07M shares	31.53M shares	31.14M shares	31.48M shares	37.28M shares	41.39M shares	45.95M shares
Diluted Shares Outstanding	26.52M shares	27.68M shares	28.60M shares	30.20M shares	32.54M shares	33.31M shares	33.06M shares	32.98M shares	32.56M shares	32.07M shares	31.94M shares	31.72M shares	37.51M shares	41.47M shares	46.09M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.3156 Billion

About Employers Holdings, Inc.

Employers Holdings, Inc. engages in the provision of workers compensation products and services. The company is headquartered in Reno, Nevada and currently employs 717 full-time employees. The company went IPO on 2007-01-31. The Company, through its wholly owned insurance subsidiaries, Employers Insurance Company of Nevada (EICN), Employers Compensation Insurance Company (ECIC), Employers Preferred Insurance Company (EPIC), Employers Assurance Company (EAC), and Cerity Insurance Company (CIC), is engaged in the commercial property and casualty insurance industry, specializing in workers compensation products and services, which are focused on small and select businesses engaged in low-to-medium hazard industries. Workers' compensation provides insurance coverage for the statutorily prescribed benefits that employers are required to provide to their employees who may be injured or suffer illness in the course of employment. Its Insurance Operations segment represents the traditional business offered through its agents, including business originated from the Company's strategic partnerships and alliances and direct-to-customer business.

Industry: Fire, Marine & Casualty Insurance Peers: AMBAC FINANCIAL GROUP INC AMERISAFE INC Lemonade, Inc. MBIA INC MERCURY GENERAL CORP PROASSURANCE CORP PROGRESSIVE CORP/OH/ SAFETY INSURANCE GROUP INC STEWART INFORMATION SERVICES CORP UNITED FIRE GROUP INC