AMERICAN COASTAL INSURANCE Corp ACIC

Financials SIC 6331 - Fire, Marine & Casualty Insurance NAICS Finance and Insurance › Insurance Carriers and Related Activities › Insurance Carriers › Direct Insurance (except Life, Health, and Medical) Carriers › Direct Property and Casualty Insurance Carriers derived Nasdaq

American Coastal Insurance Corporation (referred to in this Form 10-K as we, our, us, the Company or ACIC) is a holding company primarily engaged in the commercial property and casualty insurance business with investments in the United States. On July 10, 2023, we changed our corporate name from United Insurance Holdings Corp. to American Coastal Insurance Corporation. We conduct our business principally through our wholly owned insurance subsidiary, American Coastal Insurance Company (AmCoastal). The Company also previously wrote insurance outside of Florida through Interboro Insurance Company (IIC); however, on April 1, 2025, the Company completed the sale of IIC. The details of this transaction are described below. Collectively, we refer to the holding company and all our subsidiaries, including non-insurance subsidiaries, as "American Coastal Insurance Corporation," which is the preferred brand identification for our Company.

Last close 11.08 2026-10-23
Market cap $537.0M 2026-03-31 share count
52-week range 9.01 - 13.05

Valuation FY2025 figures against the last close

P/S1.6x
P/E5.2x
P/FCF7.6x
EV/EBITDA3.4x
Dividend yield0.0%
Diluted EPS2.15

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $335.4M$296.7M$264.4M$221.7M$228.7M$846.7M$825.1M$723.9M$654.4M$487.1M
SG&A $40.5M$44.8M$37.6M$43.7M$31.4M$72.1M$66.0M$66.1M$81.8M$43.0M
Total operating expenses $195.2M$197.1M$170.5M$230.3M$239.2M$978.8M$857.8M$728.3M$27.7M$20.5M
Operating income $140.3M$99.6M$93.9M-$8.7M-$10.5M-$132.2M-$32.7M-$4.4M$757.0K$6.9M
Interest expense $10.8M$12.0M$10.9M$9.5M$9.3M$9.6M$9.8M$9.9M$3.2M$723.0K
Pre-tax income $142.7M$101.7M$96.1M$1.7M-$10.4M-$132.1M-$32.6M-$4.2M$910.0K$7.0M
Income tax $35.9M$25.3M$10.9M$26.2M$6.7M$36.6M$3.1M$4.6M$9.2M$1.3M
Net income $106.8M$75.7M$309.9M-$469.9M-$57.9M-$96.5M-$29.9M$290.0K$10.1M$5.7M
EPS, basic 2.201.597.11-10.91-1.35-2.25-0.700.010.270.27
EPS, diluted 2.151.546.98-10.91-1.35-2.25-0.700.010.270.26
Shares, diluted (wtd. avg.) 49.8M49.4M44.4M43.1M42.9M42.9M42.8M42.8M37.4M21.6M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $198.8M$137.0M$171.8M$283.6M$245.3M$301.5M$287.1M$184.1M$276.3M$150.7M
Property, plant and equipment $723.0K$5.7M$3.7M$5.3M$31.6M$34.2M$32.7M$17.1M$17.3M$17.9M
Goodwill $59.5M$59.5M$59.5M$69.6M$73.0M$73.0M$73.0M$73.0M$73.0M$14.3M
Other intangibles $3.5M$5.9M$8.5M$12.8M$18.4M$21.9M$26.1M$31.4M$45.3M$12.4M
Total assets $1.07B$1.22B$1.06B$2.84B$2.70B$2.85B$2.47B$2.32B$2.06B$999.7M
Long-term debt $150.0M$150.0M$150.0M$150.0M$158.6M$160.4M$161.6M$163.1M$164.7M$54.2M
Total liabilities $755.2M$980.5M$893.6M$3.02B$2.37B$2.43B$1.94B$1.78B$1.52B$758.4M
Retained earnings -$114.5M-$184.8M-$237.4M-$546.3M-$74.9M-$6.6M$100.4M$140.5M$141.2M$141.6M
Total equity $317.6M$235.7M$168.8M-$182.0M$332.0M$417.6M$523.9M$540.4M$537.1M$241.3M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $71.0M$243.5M-$136.0M-$173.1M-$295.4M-$10.5M$149.0M$25.8M$35.5M$65.7M
Depreciation and amortisation $3.8M$4.9M$1.5M$4.6M$5.5M$6.4M$6.3M$4.2M$5.8M$2.4M
Stock-based compensation $4.3M$2.5M$1.3M$1.4M$1.2M$1.4M$3.0M$2.4M$2.6M$1.9M
Capital expenditure $155.0K$22.0K$196.0K$3.0M$5.3M$10.8M$21.9M$4.1M$5.2M$3.1M
Investing cash flow $620.0K-$179.2M-$2.5M$236.8M$251.4M$36.6M-$34.0M-$125.6M-$7.3M-$49.8M
Financing cash flow -$1.1M-$13.8M$26.8M-$25.4M-$12.2M-$11.7M-$12.1M$7.7M$97.4M$49.9M
Dividends paid $0$24.1M$0$2.6M$10.3M$10.3M$10.3M$10.3M$9.0M$5.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001401521-26-000015.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B Revenue, FY2016: 487.1M Net income, FY2016: 5.7M Revenue, FY2017: 654.4M Net income, FY2017: 10.1M Revenue, FY2018: 723.9M Net income, FY2018: 290K Revenue, FY2019: 825.1M Net income, FY2019: -29.9M Revenue, FY2020: 846.7M Net income, FY2020: -96.5M Revenue, FY2021: 228.7M Net income, FY2021: -57.9M Revenue, FY2022: 221.7M Net income, FY2022: -469.9M Revenue, FY2023: 264.4M Net income, FY2023: 309.9M Revenue, FY2024: 296.7M Net income, FY2024: 75.7M Revenue, FY2025: 335.4M Net income, FY2025: 106.8M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $487.1M $654.4M $723.9M $825.1M $846.7M $228.7M $221.7M $264.4M $296.7M $335.4M
Gross profit — — — — — — — — — —
Net income $5.7M $10.1M $290.0K -$29.9M -$96.5M -$57.9M -$469.9M $309.9M $75.7M $106.8M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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