Assurant Historical Income Statement

AIZ Stock  USD 172.88  0.76  0.44%   
Historical analysis of Assurant income statement accounts such as Selling General Administrative of 8.9 B, Total Revenue of 9.3 B or Gross Profit of 9.3 B can show how well Assurant performed in making a profits. Evaluating Assurant income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Assurant's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Assurant latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Assurant is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.

About Assurant Income Statement Analysis

Assurant Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Assurant shareholders. The income statement also shows Assurant investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Assurant Income Statement Chart

Assurant Income Statement is one of the three primary financial statements used for reporting Assurant's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Assurant revenue and expense. Assurant Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Assurant's Selling General Administrative is fairly stable compared to the past year. Operating Income is likely to rise to about 657.7 M in 2024, whereas Interest Expense is likely to drop slightly above 69.9 M in 2024.

Total Revenue

Total revenue comprises all receipts Assurant generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Assurant minus its cost of goods sold. It is profit before Assurant operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Assurant. It is also known as Assurant overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Assurant's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Assurant current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.At this time, Assurant's Selling General Administrative is fairly stable compared to the past year. Operating Income is likely to rise to about 657.7 M in 2024, whereas Interest Expense is likely to drop slightly above 69.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.2B10.2B11.1B9.3B
Total Revenue10.2B10.2B11.1B9.3B

Assurant income statement Correlations

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0.270.450.450.46-0.1-0.18-0.110.54-0.08-0.050.060.010.370.55-0.43-0.370.480.070.180.1-0.420.64-0.73-0.86
0.660.451.00.940.220.150.240.0-0.01-0.320.180.20.980.76-0.560.140.570.190.260.44-0.560.58-0.23-0.42
0.660.451.00.940.220.150.240.0-0.01-0.320.180.20.980.76-0.560.140.570.190.260.44-0.560.58-0.23-0.42
0.70.460.940.940.240.190.290.14-0.12-0.410.270.130.910.84-0.790.160.650.160.190.4-0.50.49-0.15-0.35
0.28-0.10.220.220.240.990.99-0.130.67-0.650.750.550.180.35-0.380.820.240.780.42-0.02-0.120.20.010.13
0.23-0.180.150.150.190.990.99-0.150.62-0.670.680.530.10.27-0.350.840.170.70.37-0.04-0.070.10.080.21
0.31-0.110.240.240.290.990.99-0.120.59-0.710.710.520.190.38-0.440.830.260.710.39-0.01-0.130.180.060.15
-0.310.540.00.00.14-0.13-0.15-0.12-0.10.160.050.17-0.040.13-0.27-0.290.04-0.09-0.21-0.550.41-0.11-0.2-0.27
-0.06-0.08-0.01-0.01-0.120.670.620.59-0.10.010.70.74-0.01-0.010.050.29-0.060.90.45-0.080.090.07-0.20.02
-0.46-0.05-0.32-0.32-0.41-0.65-0.67-0.710.160.01-0.28-0.08-0.28-0.520.47-0.76-0.63-0.2-0.21-0.110.29-0.25-0.19-0.11
0.290.060.180.180.270.750.680.710.050.7-0.280.380.190.46-0.530.440.340.910.280.01-0.060.24-0.13-0.04
-0.030.010.20.20.130.550.530.520.170.74-0.080.380.170.01-0.070.180.010.560.53-0.060.17-0.15-0.010.11
0.680.370.980.980.910.180.10.19-0.04-0.01-0.280.190.170.77-0.520.110.60.20.220.42-0.530.55-0.13-0.35
0.770.550.760.760.840.350.270.380.13-0.01-0.520.460.010.77-0.750.220.840.350.280.27-0.570.74-0.15-0.52
-0.64-0.43-0.56-0.56-0.79-0.38-0.35-0.44-0.270.050.47-0.53-0.07-0.52-0.75-0.19-0.6-0.3-0.17-0.270.4-0.340.170.24
0.13-0.370.140.140.160.820.840.83-0.290.29-0.760.440.180.110.22-0.190.170.40.16-0.10.030.020.290.4
0.660.480.570.570.650.240.170.260.04-0.06-0.630.340.010.60.84-0.60.170.240.240.27-0.430.52-0.02-0.3
0.250.070.190.190.160.780.70.71-0.090.9-0.20.910.560.20.35-0.30.40.240.480.05-0.150.33-0.26-0.12
0.350.180.260.260.190.420.370.39-0.210.45-0.210.280.530.220.28-0.170.160.240.480.39-0.390.31-0.2-0.16
0.680.10.440.440.4-0.02-0.04-0.01-0.55-0.08-0.110.01-0.060.420.27-0.27-0.10.270.050.39-0.740.37-0.19-0.22
-0.85-0.42-0.56-0.56-0.5-0.12-0.07-0.130.410.090.29-0.060.17-0.53-0.570.40.03-0.43-0.15-0.39-0.74-0.80.440.56
0.670.640.580.580.490.20.10.18-0.110.07-0.250.24-0.150.550.74-0.340.020.520.330.310.37-0.8-0.54-0.83
-0.07-0.73-0.23-0.23-0.150.010.080.06-0.2-0.2-0.19-0.13-0.01-0.13-0.150.170.29-0.02-0.26-0.2-0.190.44-0.540.71
-0.35-0.86-0.42-0.42-0.350.130.210.15-0.270.02-0.11-0.040.11-0.35-0.520.240.4-0.3-0.12-0.16-0.220.56-0.830.71
Click cells to compare fundamentals

Assurant Account Relationship Matchups

Assurant income statement Accounts

201920202021202220232024 (projected)
Interest Expense110.6M104.5M111.8M108.3M108M69.9M
Selling General Administrative3.3B3.1B3.2B7.4B8.5B8.9B
Total Revenue10.1B9.6B10.2B10.2B11.1B9.3B
Gross Profit10.1B9.6B10.2B10.2B11.1B9.3B
Other Operating Expenses9.5B9.0B9.4B9.8B10.3B8.3B
Operating Income550.3M502.2M1.5B458.2M642.5M657.7M
Ebit550.3M502.2M1.5B458.2M446.1M648.7M
Ebitda676.1M646.5M1.7B640.2M642.5M759.6M
Total Operating Expenses(9.5B)(9.1B)(8.6B)7.4B7.7B7.3B
Income Before Tax554.5M580.8M783M349.9M806.8M679.3M
Total Other Income Expense Net4.2M78.6M(758.9M)(108.3M)164.3M106.2M
Net Income382.6M440.8M613.5M276.6M642.5M392.0M
Income Tax Expense167.7M60.4M169.5M73.3M164.3M149.2M
Net Income Applicable To Common Shares363.9M423.1M1.4B276.6M318.1M489.2M
Depreciation And Amortization125.8M144.3M171.6M182M196.4M121.0M
Net Income From Continuing Ops386.8M442.7M613.5M276.6M642.5M458.1M
Tax Provision167.7M72.6M169.5M73.3M164.3M121.7M
Interest Income273.6M110.4M111.8M108.3M124.5M119.2M
Net Interest Income(110.6M)(104.5M)(111.8M)(108.3M)(108M)(113.4M)
Reconciled Depreciation125.8M144.3M171.6M182M196.4M167.0M

Pair Trading with Assurant

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Assurant position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Assurant will appreciate offsetting losses from the drop in the long position's value.

Moving together with Assurant Stock

  0.63AGO Assured Guaranty Financial Report 14th of May 2024 PairCorr
  0.8AXS AXIS Capital HoldingsPairCorr

Moving against Assurant Stock

  0.53ITIC Investors TitlePairCorr
The ability to find closely correlated positions to Assurant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Assurant when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Assurant - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Assurant to buy it.
The correlation of Assurant is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Assurant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Assurant moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Assurant can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Assurant offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Assurant's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Assurant Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Assurant Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Assurant's price analysis, check to measure Assurant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.
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Is Assurant's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Assurant. If investors know Assurant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Assurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.69
Dividend Share
2.82
Earnings Share
11.95
Revenue Per Share
208.242
Quarterly Revenue Growth
0.125
The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Assurant's market value can be influenced by many factors that don't directly affect Assurant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.