Employers Hldgs Inc Financials

EIG

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Employers Hldgs Inc (EIG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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).

Financial Health Signals

Financial Profile 38/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Employers Hldgs Inc's revenue grew a modest 3.5% year-over-year to $880.7M. This slow but positive growth earns a score of 39/100.

Leverage

Employers Hldgs Inc has elevated debt relative to equity (D/E of 2.31), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 25/100, reflecting increased financial risk.

Cash Flow

Employers Hldgs Inc has a free cash flow margin of 8.7%, earning a moderate score of 43/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Employers Hldgs Inc's ROE of 11.1% shows moderate profitability relative to equity, earning a score of 44/100. This is down from 11.7% the prior year.

Piotroski F-Score Neutral

5/9

Employers Hldgs Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

0.64x

For every $1 of reported earnings, Employers Hldgs Inc generates $0.64 in operating cash flow ($76.4M OCF vs $118.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Revenue

$880.7M

YoY+3.5%

5Y CAGR+1.0%

10Y CAGR+1.3%

Employers Hldgs Inc generated $880.7M in revenue in fiscal year 2024. This represents an increase of 3.5% from the prior year.

EBITDA

N/A

Free Cash Flow

$76.3M

YoY+54.5%

5Y CAGR-8.9%

10Y CAGR-7.8%

Employers Hldgs Inc generated $76.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 54.5% from the prior year.

Net Income

$118.6M

YoY+0.4%

5Y CAGR-5.5%

10Y CAGR+1.6%

Employers Hldgs Inc reported $118.6M in net income in fiscal year 2024. This represents an increase of 0.4% from the prior year.

EPS (Diluted)

$4.71

YoY+5.8%

5Y CAGR-0.5%

10Y CAGR+4.1%

Employers Hldgs Inc earned $4.71 per diluted share (EPS) in fiscal year 2024. This represents an increase of 5.8% from the prior year.

Cash & Debt

$68.3M

YoY-69.8%

5Y CAGR-15.1%

10Y CAGR-4.1%

Employers Hldgs Inc held $68.3M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$1.18

YoY+7.3%

5Y CAGR+6.0%

10Y CAGR+17.3%

Employers Hldgs Inc paid $1.18 per share in dividends in fiscal year 2024. This represents an increase of 7.3% from the prior year.

Shares Outstanding

25M

YoY-3.2%

5Y CAGR-4.8%

10Y CAGR-2.5%

Employers Hldgs Inc had 25M shares outstanding in fiscal year 2024. This represents a decrease of 3.2% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

13.5%

YoY-0.4pp

5Y CAGR-5.3pp

10Y CAGR+0.4pp

Employers Hldgs Inc's net profit margin was 13.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.

Return on Equity

11.1%

YoY-0.6pp

5Y CAGR-2.4pp

10Y CAGR-3.6pp

Employers Hldgs Inc's ROE was 11.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$42.6M

YoY-44.0%

5Y CAGR-8.8%

Employers Hldgs Inc spent $42.6M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 44.0% from the prior year.

Capital Expenditures

$100K

5Y CAGR-32.2%

10Y CAGR-17.7%

Employers Hldgs Inc invested $100K in capex in fiscal year 2024, funding long-term assets and infrastructure.

EIG Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$880.7M+3.5%	$850.9M+19.3%	$713.5M+1.5%	$703.1M-1.2%	$711.4M-14.9%	$835.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$100K-98.3%	$5.8M+65.7%	$3.5M+600.0%	$500K+25.0%	$400K-33.3%	$600K
Income Tax	$28.1M-7.3%	$30.3M+309.5%	$7.4M-73.3%	$27.7M-0.7%	$27.9M-24.0%	$36.7M
Net Income	$118.6M+0.4%	$118.1M+144.0%	$48.4M-59.4%	$119.3M-0.4%	$119.8M-23.7%	$157.1M
EPS (Diluted)	$4.71+5.8%	$4.45+154.3%	$1.75-58.0%	$4.17+5.0%	$3.97-17.8%	$4.83

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$239.3M-2.8%	$246.3M+21.6%	$202.6M-6.5%	$216.6M-0.2%	$217.0M-2.7%	$223.1M-1.2%	$225.7M+10.9%	$203.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$200K	N/A	$100K	N/A	N/A	$0-100.0%	$600K-40.0%	$1.0M
Income Tax	-$2.9M-139.7%	$7.3M+135.5%	$3.1M-51.6%	$6.4M-22.9%	$8.3M+18.6%	$7.0M-44.4%	$12.6M+270.6%	$3.4M
Net Income	-$8.3M-127.9%	$29.7M+132.0%	$12.8M-54.8%	$28.3M-10.7%	$31.7M+12.0%	$28.3M-37.9%	$45.6M+225.7%	$14.0M
EPS (Diluted)	$-0.36-129.3%	$1.23+136.5%	$0.52-54.4%	$1.14-8.8%	$1.25+12.6%	$1.11-36.6%	$1.75+224.1%	$0.54

EIG Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$3.5B-0.3%	$3.6B-4.5%	$3.7B-1.8%	$3.8B-3.6%	$3.9B-2.0%	$4.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$68.3M-69.8%	$226.4M+153.8%	$89.2M+18.8%	$75.1M-53.2%	$160.4M+3.6%	$154.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$36.2M0.0%	$36.2M0.0%	$36.2M0.0%	$36.2M0.0%	$36.2M0.0%	$36.2M
Total Liabilities	$2.5B-2.5%	$2.5B-8.5%	$2.8B+7.9%	$2.6B-5.2%	$2.7B-4.5%	$2.8B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.1B+5.4%	$1.0B+7.4%	$944.2M-22.2%	$1.2B0.0%	$1.2B+4.0%	$1.2B
Retained Earnings	$1.5B+6.4%	$1.4B+6.8%	$1.3B-3.2%	$1.3B+7.3%	$1.2B+7.7%	$1.2B

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$3.5B-0.5%	$3.5B-0.4%	$3.6B+0.4%	$3.5B-0.2%	$3.5B-0.4%	$3.6B+0.3%	$3.6B+0.7%	$3.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$166.8M+141.4%	$69.1M-31.2%	$100.4M+47.0%	$68.3M-28.5%	$95.5M-16.4%	$114.2M-49.6%	$226.4M+108.1%	$108.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$36.2M0.0%	$36.2M0.0%	$36.2M0.0%	$36.2M0.0%	$36.2M0.0%	$36.2M0.0%	$36.2M0.0%	$36.2M
Total Liabilities	$2.5B+1.1%	$2.5B-0.8%	$2.5B+0.3%	$2.5B-2.2%	$2.5B-0.7%	$2.5B+0.3%	$2.5B-2.7%	$2.6B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.0B-4.1%	$1.1B+0.7%	$1.1B+0.7%	$1.1B+4.5%	$1.0B+0.4%	$1.0B+0.5%	$1.0B+10.3%	$919.0M
Retained Earnings	$1.5B-1.1%	$1.5B+1.5%	$1.5B+0.4%	$1.5B+3.0%	$1.4B+1.7%	$1.4B+1.5%	$1.4B+2.8%	$1.3B

EIG Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$76.4M+54.7%	$49.4M-50.5%	$99.8M+824.1%	$10.8M-67.3%	$33.0M-73.1%	$122.5M
Capital Expenditures	$100K	$0-100.0%	$100K-66.7%	$300K+200.0%	$100K-85.7%	$700K
Free Cash Flow	$76.3M+54.5%	$49.4M-50.5%	$99.7M+849.5%	$10.5M-68.1%	$32.9M-73.0%	$121.8M
Investing Cash Flow	-$159.7M-142.3%	$377.3M+358.2%	-$146.1M-8494.1%	-$1.7M-102.0%	$84.3M+71.3%	$49.2M
Financing Cash Flow	-$74.8M+74.2%	-$289.5M-579.3%	$60.4M+164.0%	-$94.4M+15.6%	-$111.9M+5.6%	-$118.5M
Dividends Paid	$30.3M+2.0%	$29.7M-67.1%	$90.3M+211.4%	$29.0M-4.9%	$30.5M+7.8%	$28.3M
Share Buybacks	$42.6M-44.0%	$76.1M+150.3%	$30.4M-28.6%	$42.6M-57.1%	$99.4M+47.3%	$67.5M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$29.4M	$0-100.0%	$14.6M+11.5%	$13.1M+12.0%	$11.7M+1850.0%	$600K-97.8%	$27.6M+9.1%	$25.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$121.2M+121100.0%	$100K-99.8%	$46.1M+165.9%	-$70.0M-1694.9%	-$3.9M+96.0%	-$97.7M-164.1%	$152.3M+44.2%	$105.6M
Financing Cash Flow	-$52.9M-68.5%	-$31.4M-9.8%	-$28.6M-58.0%	-$18.1M+31.7%	-$26.5M-75.5%	-$15.1M+75.8%	-$62.3M+29.4%	-$88.3M
Dividends Paid	$7.4M-6.3%	$7.9M+5.3%	$7.5M0.0%	$7.5M-1.3%	$7.6M-2.6%	$7.8M+8.3%	$7.2M-1.4%	$7.3M
Share Buybacks	$45.4M+93.2%	$23.5M+18.7%	$19.8M+86.8%	$10.6M-43.6%	$18.8M+235.7%	$5.6M-61.6%	$14.6M-5.2%	$15.4M

EIG Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	13.5%-0.4pp	13.9%+7.1pp	6.8%-10.2pp	17.0%+0.1pp	16.8%-2.0pp	18.8%
Return on Equity	11.1%-0.6pp	11.7%+6.5pp	5.1%-4.7pp	9.8%-0.1pp	9.9%-3.6pp	13.5%
Return on Assets	3.4%+0.0pp	3.3%+2.0pp	1.3%-1.9pp	3.1%+0.1pp	3.0%-0.9pp	3.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.31-0.2	2.50-0.4	2.94+0.8	2.12-0.1	2.23-0.2	2.43
FCF Margin	8.7%+2.8pp	5.8%-8.2pp	14.0%+12.5pp	1.5%-3.1pp	4.6%-10.0pp	14.6%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-3.5%-15.5pp	12.1%+5.7pp	6.3%-6.8pp	13.1%-1.5pp	14.6%+1.9pp	12.7%-7.5pp	20.2%+13.3pp	6.9%
Return on Equity	N/A	2.7%+1.6pp	1.2%-1.5pp	2.6%-0.5pp	3.1%+0.3pp	2.8%-1.7pp	4.5%+3.0pp	1.5%
Return on Assets	-0.2%-1.1pp	0.8%+0.5pp	0.4%-0.4pp	0.8%-0.1pp	0.9%+0.1pp	0.8%-0.5pp	1.3%+0.9pp	0.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.39+0.1	2.27-0.0	2.310.0	2.31-0.2	2.47-0.0	2.500.0	2.50-0.3	2.84
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Employers Hldgs Inc's annual revenue?

Employers Hldgs Inc (EIG) reported $880.7M in total revenue for fiscal year 2024. This represents a 3.5% 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.

How fast is Employers Hldgs Inc's revenue growing?

Employers Hldgs Inc (EIG) revenue grew by 3.5% year-over-year, from $850.9M to $880.7M in fiscal year 2024.

Is Employers Hldgs Inc profitable?

Yes, Employers Hldgs Inc (EIG) reported a net income of $118.6M in fiscal year 2024, with a net profit margin of 13.5%.

What is Employers Hldgs Inc's earnings per share (EPS)?

Employers Hldgs Inc (EIG) reported diluted earnings per share of $4.71 for fiscal year 2024. This represents a 5.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Employers Hldgs Inc's net profit margin?

Employers Hldgs Inc (EIG) had a net profit margin of 13.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Employers Hldgs Inc pay dividends?

Yes, Employers Hldgs Inc (EIG) paid $1.18 per share in dividends during fiscal year 2024.

What is Employers Hldgs Inc's return on equity (ROE)?

Employers Hldgs Inc (EIG) has a return on equity of 11.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Employers Hldgs Inc's free cash flow?

Employers Hldgs Inc (EIG) generated $76.3M in free cash flow during fiscal year 2024. This represents a 54.5% 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.

What is Employers Hldgs Inc's operating cash flow?

Employers Hldgs Inc (EIG) generated $76.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Employers Hldgs Inc's total assets?

Employers Hldgs Inc (EIG) had $3.5B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Employers Hldgs Inc's capital expenditures?

Employers Hldgs Inc (EIG) invested $100K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Employers Hldgs Inc buy back shares?

Yes, Employers Hldgs Inc (EIG) spent $42.6M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Employers Hldgs Inc have outstanding?

Employers Hldgs Inc (EIG) had 25M shares outstanding as of fiscal year 2024.

What is Employers Hldgs Inc's debt-to-equity ratio?

Employers Hldgs Inc (EIG) had a debt-to-equity ratio of 2.31 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Employers Hldgs Inc's return on assets (ROA)?

Employers Hldgs Inc (EIG) had a return on assets of 3.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Employers Hldgs Inc's Piotroski F-Score?

Employers Hldgs Inc (EIG) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Employers Hldgs Inc's earnings high quality?

Employers Hldgs Inc (EIG) has an earnings quality ratio of 0.64x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Employers Hldgs Inc?

Employers Hldgs Inc (EIG) scores 38 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.