American Integrity Insurance Group, Inc. (AII) AI Stock Analysis

• Market Cap: $408.57M
• Dividend Yield: N/A
• Average Volume (3M): 137.06K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.38
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 294
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Property & Casualty
• EPS (TTM): 0.71
• Shares Outstanding: 19,576,803
• 10 Day Avg. Volume: 98,252
• 30 Day Avg. Volume: 137,064
• PEG Ratio: 1.53
• Price to Book (P/B): 2.04
• Price to Sales (P/S): 1.62
• P/FCF Ratio: 2.24
• Enterprise Value/Market Cap: 0.77
• Enterprise Value/Revenue: 1.14
• Enterprise Value/Gross Profit: 2.19
• Enterprise Value/Ebitda: 3.18
• 1Y Price Target: $28.00
• Price Target Upside: 34.16% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: $21.50 ▲(3.02% Upside)

American Integrity Insurance Group, Inc. shows strong financial performance and positive earnings call sentiment, indicating solid growth potential. However, bearish technical indicators and lack of valuation data present challenges. The company's strategic initiatives and financial stability support a positive outlook, but market conditions and legislative risks require careful monitoring.

Positive Factors

Strong Financial Performance

The significant increase in gross premiums indicates robust revenue growth, reflecting effective market penetration and product demand, which supports long-term financial stability.

Cash Generation Ability

Strong cash generation enhances financial flexibility, allowing the company to invest in growth opportunities and manage liabilities effectively, ensuring sustainable operations.

Market Expansion

Strategic market expansion into new regions supports long-term growth by diversifying revenue streams and reducing dependency on existing markets, enhancing resilience.

Negative Factors

Unfavorable Reserve Development

Unfavorable reserve development could indicate potential future liabilities, impacting financial performance and requiring careful management to maintain profitability.

Potential Legislative Risks

Legislative changes could alter the regulatory environment, affecting operational costs and strategic planning, posing a risk to long-term business stability.

Reserve Development Concerns

Ongoing reserve development issues may lead to increased financial liabilities, impacting the company’s ability to maintain its profit margins and financial health.

American Integrity Insurance Group, Inc. Business Overview & Revenue Model

Company Description

American Integrity Insurance Group, Inc. is an insurance provider that offers a range of coverage options, including policies for homeowners, new home construction, vacant homes, condos, rental and seasonal dwellings, manufactured homes, and golf carts. The company also provides insurance for watercraft and services like binding arbitration.

How the Company Makes Money

American Integrity Insurance Group generates revenue primarily through the sale of insurance premiums. Customers pay premiums in exchange for coverage against specified risks, and these premiums represent the company's main revenue stream. AII employs a risk-based pricing model, assessing the likelihood of claims based on factors such as property location, construction type, and individual client profiles. Additionally, AII may invest the premiums collected in various financial instruments to earn investment income. The company also seeks to mitigate losses through reinsurance agreements, which protect against catastrophic claims and help stabilize financial performance. Partnerships with independent agents and brokers further enhance AII's distribution capabilities, allowing the company to reach a broader customer base and drive revenue growth.

American Integrity Insurance Group, Inc. Financial Statement Overview

Summary

American Integrity Insurance Group, Inc. demonstrates strong financial health with solid profitability, stable revenue growth, low leverage, and robust cash generation. The company is well-positioned for sustainable growth with minimal financial risk.

Income Statement

The company exhibits strong profitability with a gross profit margin of 40.12% and a net profit margin of 19.45%. Revenue growth is modest at 1.73% year-over-year, indicating stable performance. EBIT and EBITDA margins are healthy at 24.98% and 26.37%, respectively, showcasing efficient operations.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio of 0.022, indicating low leverage and financial stability. Return on equity is strong at 24.47%, reflecting effective use of equity to generate profits. The equity ratio of 13.55% suggests a solid equity base relative to total assets.

Cash Flow

Cash flow performance is excellent with significant growth in operating cash flow, resulting in a high operating cash flow to net income ratio of 1.68. Free cash flow is nearly equivalent to net income, indicating strong cash generation capabilities.

Breakdown	TTM	Dec 2024	Dec 2023
Income Statement
Total Revenue	275.53M	204.35M	200.87M
Gross Profit	143.54M	81.99M	78.87M
EBITDA	98.80M	53.88M	45.98M
Net Income	87.15M	39.74M	37.80M
Balance Sheet
Total Assets	1.43B	1.20B	862.03M
Cash, Cash Equivalents and Short-Term Investments	144.78M	262.25M	256.80M
Total Debt	1.75M	3.64M	6.08M
Total Liabilities	1.12B	1.04B	728.07M
Stockholders Equity	315.88M	162.39M	133.97M
Cash Flow
Free Cash Flow	235.57M	147.60M	63.68M
Operating Cash Flow	240.70M	148.91M	64.44M
Investing Cash Flow	-187.67M	-19.37M	-1.84M
Financing Cash Flow	61.73M	-12.44M	-2.35M

American Integrity Insurance Group, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AII	70 Outperform	$408.57M	―	―	―	―	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AAME	62 Neutral	$55.07M	11.98	4.75%	0.74%	11.99%	―
HUIZ	57 Neutral	$32.08M	12.76	4.56%	―	19.30%	-17.56%

American Integrity Insurance Group, Inc. Corporate Events

American Integrity Awards RSUs to Key Executives

On December 4, 2025, American Integrity Insurance Group, Inc.‘s Compensation Committee awarded restricted stock units (RSUs) to key executives, including the CEO, President, Chairman, and CFO, under the 2025 Long-Term Incentive Plan. These RSUs, which vest in three equal annual installments starting in 2026, are part of the company’s strategy to incentivize and retain its leadership team.

The most recent analyst rating on (AII) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on American Integrity Insurance Group, Inc. stock, see the AII Stock Forecast page.