ASPEN INSURANCE HOLDINGS LTD AHL-PD

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 NYSE

Aspen Insurance Holdings Limited ("Aspen Holdings") was incorporated on May 23, 2002 as a holding company headquartered in Bermuda. We underwrite specialty insurance and reinsurance on a global basis through our Operating Subsidiaries based in Bermuda, the United States and the United Kingdom: Aspen U.K. and AUL (corporate member of Syndicate 4711 at Lloyd's of London and managed by AMAL) (United Kingdom), Aspen Bermuda (Bermuda) and Aspen Specialty and AAIC (United States). We also have branches in Australia, Canada, Ireland, Singapore, Switzerland and the United Arab Emirates. Please see Exhibit 21.1 of this report for a complete list of our subsidiaries and our corporate chart.

Our goal is to generate superior value and long-term return on capital for our shareholders while ensuring that we have sufficient capital and liquidity to meet our obligations. We believe our global underwriting talent and product capabilities, coupled with our focus on expense discipline and risk management, position us to achieve this goal.

Last close —
Market cap —
52-week range — - —

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS3.17

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.22B$3.26B$2.97B$2.89B$2.63B$2.83B$2.59B$2.53B$2.65B$2.94B
SG&A $671.4M$533.1M$503.6M$494.2M$418.0M$410.9M$521.6M$491.7M$502.2M$490.1M
Pre-tax income $444.1M$464.1M$402.6M-$27.0M$35.1M-$38.0M-$216.6M-$156.0M-$281.8M$209.5M
Income tax $103.9M$22.0M$132.1M$78.1M$5.3M$18.4M$22.9M$10.2M$15.4M$6.1M
Net income $340.2M$486.1M$534.7M$51.1M$29.8M-$56.4M-$238.3M-$146.8M-$267.7M$203.3M
EPS, basic 3.184.755.340.07-0.24——-2.97-5.222.67
EPS, diluted 3.174.755.340.07-0.24——-2.97-5.222.61
Shares, diluted (wtd. avg.) 91.5M90.8M90.8M90.8M60.4M——59.7M59.8M61.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.66B$914.2M$1.03B$959.2M$1.31B$1.75B$1.03B$1.08B$1.05B$1.05B
Short-term investments ———————$105.6M$89.9M$145.3M
Property, plant and equipment ———$81.3M$114.5M$77.4M$64.8M$73.1M$75.5M$83.8M
Goodwill $2.1M$2.1M$3.9M$3.9M$3.9M$3.9M$3.9M$3.9M$3.9M$24.2M
Total assets $16.31B$15.75B$15.22B$15.16B$13.84B$13.09B$12.58B$12.53B$12.91B$12.09B
Short-term debt $296.8M$300.0M$300.0M$299.9M$0—————
Long-term debt ——$300.0M$0$299.9M$299.9M$299.8M$424.7M$549.5M$549.3M
Total liabilities $12.68B$12.38B$12.32B$12.80B$11.07B$10.20B$9.86B$9.89B$9.98B$8.44B
Retained earnings $2.32B$2.03B$1.79B$1.35B$1.38B$1.40B$1.51B$1.79B$2.03B$2.39B
Total equity $3.63B$3.37B$2.91B$2.36B$2.77B$2.89B$2.63B$2.64B$2.91B$3.65B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $439.0M$554.9M$324.7M-$55.0M$524.7M-$672.7M-$337.8M-$304.5M-$111.5M$453.2M
Depreciation and amortisation $7.9M-$1.0M$11.0M$43.3M$53.3M$45.8M$39.8M$43.4M$62.2M$51.5M
Stock-based compensation —————$0$0$10.1M$9.8M$15.5M
Investing cash flow $339.8M-$352.8M-$172.2M-$196.5M-$950.3M$1.15B$218.3M$657.3M$419.0M-$350.9M
Financing cash flow -$48.7M-$307.9M-$90.2M-$84.6M$500.0K$223.5M$65.2M-$307.2M-$540.4M$90.0M
Dividends paid $0$195.0M$40.3M$40.0M$0$0$0$42.9M$56.2M—
Buybacks ————$0$0$100.0K$0$30.0M$75.0M

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 0001267395-26-000007.

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. -1B 0 1B 2B 3B 4B Revenue, FY2016: 2.9B Net income, FY2016: 203.3M Revenue, FY2017: 2.7B Net income, FY2017: -267.7M Revenue, FY2018: 2.5B Net income, FY2018: -146.8M Revenue, FY2019: 2.6B Net income, FY2019: -238.3M Revenue, FY2020: 2.8B Net income, FY2020: -56.4M Revenue, FY2021: 2.6B Net income, FY2021: 29.8M Revenue, FY2022: 2.9B Net income, FY2022: 51.1M Revenue, FY2023: 3B Net income, FY2023: 534.7M Revenue, FY2024: 3.3B Net income, FY2024: 486.1M Revenue, FY2025: 3.2B Net income, FY2025: 340.2M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $2.94B $2.65B $2.53B $2.59B $2.83B $2.63B $2.89B $2.97B $3.26B $3.22B
Gross profit — — — — — — — — — —
Net income $203.3M -$267.7M -$146.8M -$238.3M -$56.4M $29.8M $51.1M $534.7M $486.1M $340.2M

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