AII · American Integrity Insurance Group, Inc.
American Integrity Insurance Group, Inc., together with its subsidiaries, operates as an insurance company in the United States. The company offers personal residential property insurance for single-family homeowners and condominium owners, as well as coverage for vacant dwellings and investment properties. It also provides manufactured home, commercial residential, dwelling property, and specialty insurance products. In addition, the company offers optional endorsements that provide higher levels of standard coverage and optional coverage, such as personal injury, animal liability, identity recovery, and golf cart physical; and flood insurance products. It distributes its products through the Voluntary Market, which includes partnerships with independent agents, national and regional insurance companies, homebuilder-affiliated agents, and direct-to-consumer channels. American Integrity Insurance Group, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $18.56 |
| SO | 19.6M |
| Options | 0.0M |
| Warrants | 0.0M |
| FD SO | 19.6M |
| MC | $363.6M |
| Cash | $171.2M |
| Total debt | $0.5M ⚠ |
| EV | $192.9M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 0.7x |
| EV / EBITDA | — |
| MC / Net Income | 4.5x |
| EV / FCF | 2.7x |
| MC / FCF | 5.1x |
| Ownership & coverage | |
|---|---|
| Institutional | 60.8% |
| Insiders | 39.7% |
| # Institutions | 147 |
| Analysts | 4 |
| Consensus | Buy |
| Avg target | $23.75 |
| Short % float | 1.5% |
| Days to cover | 1.02 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-14. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-06-29; the float denominator can be unreliable on tiny floats.
Debt figure uncertain — $219.3M of liabilities are neither recognized debt nor a named non-debt item. Verify against the filing before relying on EV.
Financial statements
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Total Revenue | 90.93 | 68.08 | 62.03 | 74.50 |
| Revenue YoY % | 26.5% | 1.4% | 33.3% | 60.6% |
| Gross Profit | 50.48 | 33.02 | 22.35 | 44.98 |
| Gross Profit YoY % | 13.3% | 13.9% | 44.7% | 61.4% |
| Gross Margin % | 55.5% | 48.5% | 36.0% | 60.4% |
| SG&A | 15.97 | 6.66 | 7.35 | 22.93 |
| Pretax Income | 27.25 | 29.28 | 18.77 | 24.10 |
| Tax Provision | 7.34 | 8.41 | 5.61 | (3.40) |
| Net Income | 19.91 | 20.87 | 13.16 | 27.49 |
| Net Margin % | 21.9% | 30.7% | 21.2% | 36.9% |
| Diluted EPS | $1.02 | $1.07 | $0.67 | $1.62 |
| Basic EPS | $1.02 | $1.07 | $0.67 | $1.62 |
| Diluted Avg Shares | 19.6 | — | 19.6 | 17.0 |
| Basic Avg Shares | 19.6 | — | 19.6 | 17.0 |
| LTM | 12/31/25 | 12/31/24 | |
|---|---|---|---|
| Total Revenue | 295.53 | 276.49 | 204.35 |
| Revenue YoY % | 6.9% | 35.3% | — |
| Gross Profit | 150.83 | 144.89 | 91.22 |
| Gross Profit YoY % | 4.1% | 58.8% | — |
| Gross Margin % | 51.0% | 52.4% | 44.6% |
| SG&A | 52.91 | 41.95 | 30.95 |
| Interest Expense | — | 0.03 | 0.05 |
| Pretax Income | 99.40 | 115.06 | 51.04 |
| Tax Provision | 17.97 | 15.44 | 11.30 |
| Net Income | 81.44 | 99.62 | 39.74 |
| Net Margin % | 27.6% | 36.0% | 19.4% |
| Diluted EPS | $4.38 | $5.65 | $2.95 |
| Basic EPS | $4.38 | $5.65 | $2.95 |
| Diluted Avg Shares | 19.6 | 17.2 | 12.9 |
| Basic Avg Shares | 19.6 | 17.2 | 12.9 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 171.18 | 203.90 | 144.78 | 259.61 |
| Short-term Investments | 2.48 | 18.12 | 27.10 | — |
| Net PPE | 6.39 | 5.72 | 6.25 | 2.02 |
| Operating Lease ROU | 35.70 | 0.45 | 0.99 | 1.49 |
| Other Assets | 959.30 | 996.88 | 1,254.55 | 1,328.36 |
| Total Assets | 1,175.05 | 1,225.07 | 1,433.68 | 1,591.47 |
| Current Debt | — | 0.41 | — | — |
| Long-term Debt | 0.52 | 0.21 | 0.72 | 0.82 |
| Other Liabilities | 839.06 | 887.43 | 1,117.08 | 1,288.77 |
| Total Liabilities | 839.57 | 888.05 | 1,117.80 | 1,289.60 |
| Retained Earnings | 229.12 | 229.18 | 208.31 | 195.15 |
| Total Equity | 335.48 | 337.02 | 315.88 | 301.87 |
| LTM | 12/31/25 | 12/31/24 | |
|---|---|---|---|
| Cash & Equivalents | 171.18 | 203.90 | 173.22 |
| Short-term Investments | 2.48 | 18.12 | 0.00 |
| Net PPE | 6.39 | 5.72 | 1.84 |
| Operating Lease ROU | 35.70 | 0.45 | 2.50 |
| Other Assets | 959.30 | 996.88 | 1,020.58 |
| Total Assets | 1,175.05 | 1,225.07 | 1,198.14 |
| Current Debt | — | 0.41 | 0.41 |
| Long-term Debt | 0.52 | 0.21 | 0.62 |
| Other Liabilities | 839.06 | 887.43 | 1,034.72 |
| Total Liabilities | 839.57 | 888.05 | 1,035.75 |
| Retained Earnings | 229.12 | 229.18 | 152.43 |
| Total Equity | 335.48 | 337.02 | 162.39 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Net Income | 19.91 | 20.87 | 13.16 | 27.49 |
| D&A | 0.59 | — | — | — |
| Stock-Based Comp | 0.27 | 0.08 | 0.10 | 10.43 |
| Δ Working Cap & Other | (13.98) | 29.24 | (20.74) | (10.53) |
| Operating Cash Flow | 6.79 | 50.19 | (7.48) | 27.40 |
| CapEx | (1.27) | 0.02 | (4.46) | (0.47) |
| Other Investing | (3.22) | 9.69 | (80.46) | (67.74) |
| Investing Cash Flow | (4.49) | 9.71 | (84.92) | (68.21) |
| Debt Repayment | (0.10) | (0.10) | (0.10) | (0.10) |
| Dividends Paid | (19.97) | — | — | — |
| Other Financing | — | — | — | 77.02 |
| Financing Cash Flow | (20.07) | (0.10) | (0.10) | 76.92 |
| Free Cash Flow | 5.53 | 50.21 | (11.94) | 26.93 |
| LTM | 12/31/25 | 12/31/24 | |
|---|---|---|---|
| Net Income | 81.44 | 99.62 | 39.74 |
| D&A | 1.54 | 1.14 | 0.78 |
| Stock-Based Comp | 10.88 | 10.61 | 0.00 |
| Δ Working Cap & Other | (16.95) | 26.82 | 108.38 |
| Operating Cash Flow | 76.90 | 138.19 | 148.91 |
| CapEx | (6.18) | (5.02) | (1.31) |
| Other Investing | (141.73) | (130.06) | (18.06) |
| Investing Cash Flow | (147.91) | (135.08) | (19.37) |
| Debt Repayment | (0.41) | (0.41) | (0.41) |
| Other Financing | 57.05 | 62.15 | (12.02) |
| Financing Cash Flow | 56.64 | 61.73 | (12.44) |
| Free Cash Flow | 70.72 | 133.18 | 147.60 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Current Ratio | — | — | — | — |
| Quick Ratio | — | — | — | — |
| Debt / Equity | 2.50 | 2.63 | 3.54 | 4.27 |
| EBITDA Margin % | — | — | — | — |
| Working Capital | — | — | — | — |
| Net Debt | (170.67) | (203.70) | (144.06) | (258.79) |
| ROE % | 5.9% | 6.2% | 4.2% | 9.1% |
| ROA % | 1.7% | 1.7% | 0.9% | 1.7% |
| LTM | 12/31/25 | 12/31/24 | |
|---|---|---|---|
| Current Ratio | — | — | — |
| Quick Ratio | — | — | — |
| Debt / Equity | 2.50 | 2.63 | 6.38 |
| EBITDA Margin % | — | — | — |
| Working Capital | — | — | — |
| Net Debt | (170.67) | (203.70) | (172.60) |
| ROE % | 24.3% | 29.6% | 24.5% |
| ROA % | 6.9% | 8.1% | 3.3% |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-06-11 | SOWELL JAMES E | 10% Owner | 2026-06-09 | P | 79,497 | $16.85 | $1,339,524 |
| 2026-06-11 | SOWELL JAMES E | 10% Owner | 2026-06-08 | P | 33,628 | $16.91 | $568,649 |
| 2026-06-11 | SOWELL JAMES E | 10% Owner | 2026-06-05 | P | 23,231 | $16.92 | $393,069 |
| 2026-05-27 | MATHIS STEVEN B | Director | 2026-05-26 | P | 3,000 | $16.82 | $50,460 |
| 2026-05-27 | Smathers Steven E | Director | 2026-05-22 | P | 2,900 | $16.99 | $49,271 |
| 2026-05-26 | Clark David Lewis | Director, Officer (Chairman) | 2026-05-22 | P | 5,830 | $17.15 | $99,984 |
| 2026-05-11 | Ritchie Robert C | Director, Officer (Chief Executive Officer), 10% Owner | 2026-05-07 | F | (2,921) | $19.67 | -$57,456 |
| 2026-05-11 | Ritchie Jon P | Officer (President) | 2026-05-07 | F | (1,538) | $19.67 | -$30,252 |
| 2026-05-11 | Clark David Lewis | Director, Officer (Chairman) | 2026-05-07 | F | (1,230) | $19.67 | -$24,194 |
| 2026-04-08 | Foley Brian | Officer (Chief Financial Officer) | 2026-04-06 | A | 4,262 | — | $0 |
| 2026-04-01 | Csiszar Ernest N | Director | 2026-03-31 | A | 778 | — | $0 |
| 2026-04-01 | Smathers Steven E | Director | 2026-03-31 | A | 778 | — | $0 |
| 2026-04-01 | MATHIS STEVEN B | Director | 2026-03-31 | A | 778 | — | $0 |
| 2026-03-04 | Lurie Benjamin A | Officer (Chief Financial Officer) | 2026-03-02 | A | 3,166 | — | $0 |
| 2026-03-04 | Ritchie Jon P | Officer (President) | 2026-03-02 | A | 11,814 | — | $0 |
| 2026-03-04 | Clark David Lewis | Director, Officer (Chairman) | 2026-03-02 | A | 9,451 | — | $0 |
| 2026-03-04 | Ritchie Robert C | Director, Officer (Chief Executive Officer), 10% Owner | 2026-03-02 | A | 19,706 | — | $0 |
| 2026-01-05 | Smathers Steven E | Director | 2025-12-31 | A | 735 | — | $0 |
| 2026-01-05 | Csiszar Ernest N | Director | 2025-12-31 | A | 735 | — | $0 |
| 2026-01-05 | MATHIS STEVEN B | Director | 2025-12-31 | A | 735 | — | $0 |
| 2025-12-05 | SOWELL JAMES E | 10% Owner | 2025-12-05 | S | (295,037) | $19.00 | -$5,605,703 |
| 2025-12-05 | Ritchie Robert C | Director, Officer (Chief Executive Officer), 10% Owner | 2025-12-05 | S | (59,554) | $19.00 | -$1,131,526 |
| 2025-12-05 | Ritchie Robert C | Director, Officer (Chief Executive Officer), 10% Owner | 2025-12-04 | A | 22,266 | — | $0 |
| 2025-12-05 | Ritchie Jon P | Officer (President) | 2025-12-04 | A | 11,719 | — | $0 |
| 2025-12-05 | Clark David Lewis | Director, Officer (Chairman) | 2025-12-04 | A | 9,375 | — | $0 |
| 2025-12-05 | Lurie Benjamin A | Officer (Chief Financial Officer) | 2025-12-04 | A | 3,516 | — | $0 |
| 2025-11-21 | Ritchie Robert C | Director, Officer (Chief Executive Officer), 10% Owner | 2025-11-21 | S | (475,000) | $19.00 | -$9,025,000 |
| 2025-11-21 | SOWELL JAMES E | 10% Owner | 2025-11-21 | S | (2,353,200) | $19.00 | -$44,710,800 |
| 2025-11-21 | Smathers Steven E | Director | 2025-11-21 | S | (171,800) | $19.00 | -$3,264,200 |
| 2025-10-02 | Csiszar Ernest N | Director | 2025-09-30 | A | 727 | — | $0 |
| 2025-10-02 | MATHIS STEVEN B | Director | 2025-09-30 | A | 727 | — | $0 |
| 2025-10-02 | Smathers Steven E | Director | 2025-09-30 | A | 727 | — | $0 |
| 2025-09-10 | Csiszar Ernest N | Director | 2025-09-09 | A | 886 | — | $0 |
| 2025-09-10 | MATHIS STEVEN B | Director | 2025-09-09 | A | 886 | — | $0 |
| 2025-09-10 | Smathers Steven E | Director | 2025-09-09 | A | 886 | — | $0 |
| 2025-05-13 | Smathers Steven E | Director | 2025-05-13 | S | (98,385) | $16.00 | -$1,574,160 |
| 2025-05-13 | SOWELL JAMES E | 10% Owner | 2025-05-13 | S | (524,070) | $16.00 | -$8,385,120 |
| 2025-05-09 | Smathers Steven E | Director | 2025-05-09 | S | (245,216) | $16.00 | -$3,923,456 |
| 2025-05-09 | Ritchie Jon P | Officer (President) | 2025-05-07 | A | 260,027 | — | $0 |
| 2025-05-09 | Ritchie Jon P | Officer (President) | 2025-05-07 | F | (102,321) | $16.00 | -$1,637,136 |
| 2025-05-09 | Lurie Benjamin A | Officer (Chief Financial Officer) | 2025-05-07 | A | 130,013 | — | $0 |
| 2025-05-09 | Lurie Benjamin A | Officer (Chief Financial Officer) | 2025-05-07 | F | (51,161) | $16.00 | -$818,576 |