Atlantic American (AAME) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K/A for FY2025, filed Oct 19, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AAME SEC filings page.
Atlantic American Corp (AAME) reported $210.4M in revenue for fiscal year 2025, up 11.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025 shows a modest-margin business whose earnings recovery translated unusually well into cash, while liabilities expanded faster than equity.
The key shift is cash conversion: FY2025 operating cash flow of$32.9M dwarfed net income of$6.0M , so accounting profit understated the year's cash generation. Free cash flow reached$32.4M against only$466K of capital expenditures, indicating that the cash result came primarily from operations rather than heavy reinvestment.
Profitability recovered sharply: FY2025 net income was
The balance sheet grew in a liability-led way: from FY2024 to FY2025, liabilities increased
Financial Health Signals
Scored against insurers for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Atlantic American Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Loss Ratio measures the claims an insurer paid out against the premiums it earned, so a lower ratio leaves more of every premium dollar with the company. Atlantic American Corp scores 36/100 on it among other insurers.
Atlantic American Corp reported revenue of $210.4M in fiscal year 2025, against $188.1M in fiscal year 2024. Premium Growth ranks insurers on the three-year path of the premiums they write rather than on total revenue, and Atlantic American Corp scores 41/100 among other insurers.
Atlantic American Corp funded 27.8% of its assets with shareholders' equity at the end of fiscal year 2025, holding $120.8M of equity against $433.9M of assets. Capital ranks insurers on that cushion, and Atlantic American Corp scores 68/100 among other insurers.
Not available for Atlantic American Corp, so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
Combined Ratio puts claims and running costs together against premiums earned, and a figure under 100% means the underwriting made money before any investment income was counted. Atlantic American Corp scores 38/100 on it among other insurers.
Atlantic American Corp reported net income of $6.0M in fiscal year 2025, against a loss of $1.4M in fiscal year 2024. Stability ranks insurers on how steady net income has been across five years, and Atlantic American Corp scores 28/100 among other insurers.
Atlantic American Corp passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.
Atlantic American Corp earns $1.20 in operating income for every $1 of interest expense ($3.7M vs $3.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Atlantic American Corp generated $51.3M in revenue in Q4 2025. This represents an increase of 4.8% from the same quarter a year earlier. Against the prior quarter it is down 4.6%.
Atlantic American Corp reported $1.3M in net income in Q4 2025. This represents an increase of 220.9% from the same quarter a year earlier. Against the prior quarter it is up 129.1%.
Atlantic American Corp earned $0.06 per diluted share (EPS) in Q4 2025. Against the prior quarter it is up 200.0%.
Not reported for Q4 2025.
Cash & Balance Sheet
Atlantic American Corp generated $17.7M in free cash flow in Q4 2025, representing cash available after capex. This represents an increase of 85.8% from the same quarter a year earlier. Against the prior quarter it is up 167.4%.
Atlantic American Corp held $43.6M in cash as of Q4 2025; no long-term debt figure is on record for that period.
Atlantic American Corp paid $0.00 per share in dividends in Q4 2025. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Margins & Returns
Atlantic American Corp's net profit margin was 2.6% in Q4 2025, showing the share of revenue converted to profit. This is up 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.
Atlantic American Corp's quarterly ROE was 1.1% in Q4 2025: one quarter's net income over shareholder equity, not annualized. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.
Not reported for Q4 2025.
Not reported for Q4 2025.
Capital Allocation
Atlantic American Corp invested $1K in capex in Q4 2025, funding long-term assets and infrastructure. This represents a decrease of 99.0% from the same quarter a year earlier. Against the prior quarter it is down 96.8%.
Not reported for Q4 2025.
Not reported for Q4 2025.
AAME Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K/A | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $51.3M+4.8% | $53.8M+20.8% | $55.3M+16.0% | $50.1M+6.7% | $48.9M+4.6% | $44.5M-0.2% | $47.7M-3.1% | $47.0M+1.6% |
| Interest Expense | $754K-8.9% | $779K-10.4% | $773K-10.8% | $774K-9.5% | $828K-3.9% | $869K+2.2% | $867K+7.4% | $855K+14.0% |
| Income Tax | $379K+185.0% | $192Kn/m | $900Kn/m | $233Kn/m | $133Kn/m | -$456K-220.3% | -$165K-134.9% | -$508Kn/m |
| Net Income | $1.3M+220.9% | $577Kn/m | $3.3Mn/m | $802Kn/m | $412Kn/m | -$2.0M-213.6% | -$684K-139.2% | -$2.0Mn/m |
| EPS (Basic) | $0.06 | $0.02n/m | $0.16n/m | $0.03n/m | $0.01 | -$0.10-225.0% | -$0.04-150.0% | -$0.10n/m |
| EPS (Diluted) | $0.06 | $0.02n/m | $0.15n/m | $0.03n/m | $0.01 | -$0.10-225.0% | -$0.04-150.0% | -$0.10n/m |
| Diluted Shares (Avg) | N/A | 20M0.0% | 22M+6.7% | 20M0.0% | N/A | 20M-6.3% | 20M-6.3% | 20M0.0% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
AAME Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K/A | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $433.9M+13.6% | $430.9M+11.3% | $429.3M+11.2% | $388.4M+6.2% | $382.0M+0.9% | $387.0M+7.0% | $386.0M+3.5% | $365.8M+3.4% |
| Cash & Equivalents | $43.6M+22.7% | $34.4M+49.5% | $46.4M+118.8% | $35.9M+69.4% | $35.6M+25.7% | $23.0M-3.7% | $21.2M-12.5% | $21.2M+56.4% |
| Total Liabilities | $313.1M+15.4% | $321.4M+14.3% | $323.2M+13.3% | $286.1M+8.8% | $271.5M-0.9% | $281.2M+7.0% | $285.3M+5.9% | $262.9M+5.5% |
| Total Equity | $120.8M+9.2% | $109.5M+3.5% | $106.2M+5.5% | $102.4M-0.4% | $110.6M+4.2% | $105.8M+7.1% | $100.7M-2.7% | $102.8M-1.5% |
| Retained Earnings | $48.7M+12.0% | $49.8M+9.4% | $49.4M+3.6% | $46.1M-4.7% | $43.5M-4.8% | $45.5M-14.5% | $47.6M-8.4% | $48.4M-3.8% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
AAME Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K/A | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $17.7M+83.9% | $6.6M+7280.0% | $9.3M+2130.3% | -$722Kn/m | $9.6M+55.9% | $90K-93.3% | $416K-93.8% | -$5.3Mn/m |
| Depreciation & Amortization | $161K+133.3% | $97K+64.4% | $103K-17.6% | $77K-31.9% | $69K-47.3% | $59K-64.0% | $125K-26.0% | $113K-39.9% |
| Stock-Based Compensation | N/A | N/A | N/A | $2K-60.0% | N/A | N/A | N/A | $5K-93.2% |
| Capital Expenditures | $1K-99.0% | $31K-3.1% | $170K+209.1% | $264K+576.9% | $99K+1880.0% | $32K+357.1% | $55K+511.1% | $39K-33.9% |
| Free Cash Flow | $17.7M+85.8% | $6.6M+11298.3% | $9.1M+2423.0% | -$986Kn/m | $9.5M+54.4% | $58K-95.7% | $361K-94.6% | -$5.4Mn/m |
| Investing Cash Flow | -$9.1M-373.4% | -$18.6M-1175.1% | $1.6M+10893.3% | $1.1Mn/m | $3.3Mn/m | $1.7Mn/m | $15K-99.6% | -$2.8Mn/m |
| Financing Cash Flow | $600Kn/m | $0n/m | -$407Kn/m | -$4K-100.4% | -$400Kn/m | $0n/m | -$407Kn/m | $993K-0.1% |
| Dividends Paid | $1K0.0% | $0n/m | N/A | N/A | $1Kn/m | $0-100.0% | N/A | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
AAME Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K/A | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 2.6%+1.7pp | 1.1%+5.6pp | 6.0%+7.4pp | 1.6%+5.9pp | 0.8%+5.6pp | -4.5%-8.4pp | -1.4%-5.0pp | -4.3%-1.1pp |
| Return on Equity | 1.1%+0.7pp | 0.5%+2.4pp | 3.1%+3.8pp | 0.8%+2.7pp | 0.4%+2.5pp | -1.9%-3.7pp | -0.7%-2.4pp | -1.9%-0.6pp |
| Return on Assets | 0.3%+0.2pp | 0.1%+0.7pp | 0.8%+0.9pp | 0.2%+0.8pp | 0.1%+0.7pp | -0.5%-1.0pp | -0.2%-0.7pp | -0.5%-0.1pp |
| Liabilities-to-Equity | 2.59+0.1x | 2.94+0.3x | 3.04+0.2x | 2.79+0.2x | 2.46-0.1x | 2.660.0x | 2.83+0.2x | 2.56+0.2x |
| Asset Turnover | 0.120.0x | 0.120.0x | 0.130.0x | 0.130.0x | 0.130.0x | 0.120.0x | 0.120.0x | 0.130.0x |
| FCF Margin | 34.5%+15.0pp | 12.3%+12.2pp | 16.5%+15.7pp | -2.0%+9.4pp | 19.5%+6.3pp | 0.1%-2.9pp | 0.8%-12.9pp | -11.4%+13.8pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, Debt-to-Equity.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Atlantic American Corp AAME | FY2025 | $210.4M | $6.0M | 2.9% | $21.8M | 42/100 |
| Citizens, Inc. CIA | FY2025 | $255.6M | N/A | N/A | $183.3M | 33/100 |
| Security National Financial Co SNFCA | FY2025 | $344.6M | $32.2M | 9.3% | $238.3M | 48/100 |
| Presurance Holdings, Inc. PRHI | FY2025 | $43.3M | -$18.4M | -42.6% | $26.4M | 10/100 |
| Huize Holding Limited HUIZ | FY2025 | $226.3M | $578K | 0.3% | $22.7M | 51/100 |
| Kestrel Group, Ltd. KG | FY2025 | $34.0M | $46.7M | N/A | $31.4M | 34/100 |
Where Atlantic American Corp Ranks
Frequently Asked Questions
Atlantic American Corp (AAME) reported $210.4M in total revenue for fiscal year 2025. This represents a 11.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Atlantic American Corp (AAME) revenue grew by 11.9% year-over-year, from $188.1M to $210.4M in fiscal year 2025.
Yes, Atlantic American Corp (AAME) reported a net income of $6.0M in fiscal year 2025, with a net profit margin of 2.9%.
Atlantic American Corp (AAME) had EBITDA of $4.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Atlantic American Corp (AAME) had an operating margin of 1.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Atlantic American Corp (AAME) had a net profit margin of 2.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, Atlantic American Corp (AAME) paid $0.02 per share in dividends during fiscal year 2025.
Atlantic American Corp (AAME) has a return on equity of 5.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Atlantic American Corp (AAME) generated $32.4M in free cash flow during fiscal year 2025. This represents a 608.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Atlantic American Corp (AAME) generated $32.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Atlantic American Corp (AAME) had $433.9M in total assets as of fiscal year 2025, including both current and long-term assets.
Atlantic American Corp (AAME) invested $466K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Atlantic American Corp (AAME) had a liabilities-to-equity ratio of 2.59 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
Atlantic American Corp (AAME) had a return on assets of 1.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Atlantic American Corp (AAME) trades at 3.6x earnings, its market capitalization divided by $6.0M net income, FY2025. The market capitalization is $21.8M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Atlantic American Corp (AAME) trades at 0.1x sales, its market capitalization divided by $210.4M revenue, FY2025. The market capitalization is $21.8M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Atlantic American Corp (AAME) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Atlantic American Corp (AAME) has an interest coverage ratio of 1.20x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
Atlantic American Corp (AAME) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its insurers peer group. The score is the average of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Atlantic American Corp it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.