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Aspen Insurance Holdings Ltd. (AHL-PF) Stock Fundamental Analysis & AI Rating 2026

AHL-PF NYSE Fire, Marine & Casualty Insurance D0 CIK: 0001267395
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2019-03-31
Combined AI Rating
SELL
74% Confidence
NEUTRAL
STRONG SELL
85% Conf
HOLD
63% Conf

📊 AHL-PF Key Takeaways

Revenue: $605.8M
Net Margin: -24.2%
Free Cash Flow: $-179.5M
Current Ratio: N/A
Debt/Equity: 0.16x
EPS: $-2.97
AI Rating: STRONG SELL with 85% confidence
Aspen Insurance Holdings Ltd. (AHL-PF) receives a SELL rating with 74% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $605.8M, net profit margin of -24.2%, and return on equity (ROE) of -5.4%, Aspen Insurance Holdings Ltd. demonstrates mixed fundamentals in the Finance sector. Below is our complete AHL-PF stock analysis for 2026.

Is Aspen Insurance Holdings Ltd. (AHL-PF) a Good Investment?

Claude

Aspen Insurance is experiencing severe operational distress with negative net income of -$146.8M and significantly negative operating cash flow of -$179.5M, indicating the company is burning cash despite positive operating margins. The combination of deteriorating profitability, negative returns on equity and assets, and lack of insider confidence (zero Form 4 filings) suggests fundamental business challenges that undermine financial stability.

ChatGPT

Aspen Insurance shows a mixed fundamental profile: underwriting and operating profitability appear strong on the surface, with a 48.5% operating margin and very high interest coverage, but those gains did not translate into bottom-line or cash-flow strength. The net loss, negative operating cash flow, and weak returns on equity and assets suggest earnings quality and reserve/catastrophe volatility remain key concerns, though the balance sheet and leverage profile provide meaningful financial flexibility.

Why Buy Aspen Insurance Holdings Ltd. Stock? AHL-PF Key Strengths

Claude
  • + Strong interest coverage ratio of 53.4x indicating minimal debt servicing risk
  • + Conservative leverage with debt-to-equity of 0.16x providing balance sheet cushion
  • + Adequate liquidity with $975.9M in cash and equivalents representing 7.5% of total assets
ChatGPT
  • + Low financial leverage with debt/equity of 0.16x and manageable long-term debt
  • + Strong reported operating profitability and 53.4x interest coverage
  • + Solid liquidity buffer with nearly $976M in cash and $2.72B of equity

AHL-PF Stock Risks: Aspen Insurance Holdings Ltd. Investment Risks

Claude
  • ! Negative net income of -$146.8M with -24.2% net margin indicating unprofitable core operations
  • ! Operating cash flow of -$179.5M demonstrates cash burn despite positive operating income, suggesting quality of earnings concerns
  • ! Negative ROE of -5.4% and ROA of -1.1% indicate shareholder capital is being destroyed
  • ! Zero insider purchases in last 90 days suggests lack of management confidence in company trajectory
  • ! Data freshness limited to March 31, 2019, making current assessment potentially outdated
ChatGPT
  • ! Net loss and negative 24.2% net margin indicate weak bottom-line profitability
  • ! Operating cash flow of -$179.5M points to poor cash conversion and weak free cash flow quality
  • ! Insurance earnings may be volatile due to claims severity, reserve development, and catastrophe exposure

Key Metrics to Watch

Claude
  • * Operating cash flow trend - critical to distinguish between accounting profits and actual cash generation
  • * Loss ratio and combined ratio - insurance-specific metrics showing underwriting profitability
  • * Cash balance depletion rate - to assess runway before liquidity concerns emerge
  • * Return to profitability timeline - need positive net income to validate operational turnaround
ChatGPT
  • * Combined ratio and reserve development trends
  • * Operating cash flow and sustained return on equity improvement

Aspen Insurance Holdings Ltd. (AHL-PF) Financial Metrics & Key Ratios

Revenue
$605.8M
Net Income
$-146.8M
EPS (Diluted)
$-2.97
Free Cash Flow
$-179.5M
Total Assets
$13.0B
Cash Position
$975.9M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

AHL-PF Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 48.5%
Net Margin -24.2%
ROE -5.4%
ROA -1.1%
FCF Margin -29.6%

AHL-PF vs Finance Sector: How Aspen Insurance Holdings Ltd. Compares

How Aspen Insurance Holdings Ltd. compares to Finance sector averages

Net Margin
AHL-PF -24.2%
vs
Sector Avg 25.0%
AHL-PF Sector
ROE
AHL-PF -5.4%
vs
Sector Avg 12.0%
AHL-PF Sector
Current Ratio
AHL-PF 0.0x
vs
Sector Avg 1.2x
AHL-PF Sector
Debt/Equity
AHL-PF 0.2x
vs
Sector Avg 2.0x
AHL-PF Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Aspen Insurance Holdings Ltd. Stock Overvalued? AHL-PF Valuation Analysis 2026

Based on fundamental analysis, Aspen Insurance Holdings Ltd. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
-5.4%
Sector avg: 12%
Net Profit Margin
-24.2%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.16x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Aspen Insurance Holdings Ltd. Balance Sheet: AHL-PF Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.16x
Debt/Assets
79.1%
Interest Coverage
53.38x
Long-term Debt
$424.7M

AHL-PF Revenue & Earnings Growth: 5-Year Financial Trend

AHL-PF 5-year financial data: Year 2014: Revenue $2.6B, Net Income $78.7M, EPS $0.99. Year 2015: Revenue $2.8B, Net Income $91.8M, EPS $1.15. Year 2016: Revenue $2.9B, Net Income $355.0M, EPS $1.66. Year 2017: Revenue $2.9B, Net Income $322.3M, EPS $1.87. Year 2018: Revenue $2.9B, Net Income $203.3M, EPS $1.68.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Aspen Insurance Holdings Ltd.'s revenue has grown significantly by 11% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.68 reflects profitable operations.

AHL-PF Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-29.6%
Free cash flow / Revenue

AHL-PF Quarterly Earnings & Performance

Quarterly financial performance data for Aspen Insurance Holdings Ltd. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2019 $605.8M $10.8M N/A
Q3 2018 $674.4M $800.0K $-0.37
Q2 2018 $575.5M $600.0K $0.01
Q1 2018 $683.5M $23.0M $0.38
Q3 2017 $726.6M $70.6M $1.40
Q2 2017 $662.0M $55.1M $0.89
Q1 2017 $683.6M $83.5M $1.36
Q3 2016 $694.0M $23.0M $0.30

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Aspen Insurance Holdings Ltd. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$179.5M
Cash generated from operations
Stock Buybacks
$100.0K
Shares repurchased (TTM)
Dividends
None
No dividend program

AHL-PF SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Aspen Insurance Holdings Ltd. (CIK: 0001267395)

📋 Recent SEC Filings

Date Form Document Action
Jun 28, 2019 8-K a8-kxsupplementalindenture.htm View →
May 30, 2019 8-K form8-kxmay302019.htm View →
May 14, 2019 8-K a8-kxmay142019.htm View →
May 8, 2019 10-Q ahl10-qq12019doc.htm View →
Apr 29, 2019 10-K/A a201810-kpartiii.htm View →

Frequently Asked Questions about AHL-PF

What is the AI rating for AHL-PF?

Aspen Insurance Holdings Ltd. (AHL-PF) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (HOLD) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AHL-PF's key strengths?

Claude: Strong interest coverage ratio of 53.4x indicating minimal debt servicing risk. Conservative leverage with debt-to-equity of 0.16x providing balance sheet cushion. ChatGPT: Low financial leverage with debt/equity of 0.16x and manageable long-term debt. Strong reported operating profitability and 53.4x interest coverage.

What are the risks of investing in AHL-PF?

Claude: Negative net income of -$146.8M with -24.2% net margin indicating unprofitable core operations. Operating cash flow of -$179.5M demonstrates cash burn despite positive operating income, suggesting quality of earnings concerns. ChatGPT: Net loss and negative 24.2% net margin indicate weak bottom-line profitability. Operating cash flow of -$179.5M points to poor cash conversion and weak free cash flow quality.

What is AHL-PF's revenue and growth?

Aspen Insurance Holdings Ltd. reported revenue of $605.8M.

Does AHL-PF pay dividends?

Aspen Insurance Holdings Ltd. does not currently pay dividends.

Where can I find AHL-PF SEC filings?

Official SEC filings for Aspen Insurance Holdings Ltd. (CIK: 0001267395) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AHL-PF's EPS?

Aspen Insurance Holdings Ltd. has a diluted EPS of $-2.97.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is AHL-PF a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Aspen Insurance Holdings Ltd. has a SELL rating with 74% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is AHL-PF stock overvalued or undervalued?

Valuation metrics for AHL-PF: ROE of -5.4% (sector avg: 12%), net margin of -24.2% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy AHL-PF stock in 2026?

Our dual AI analysis gives Aspen Insurance Holdings Ltd. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AHL-PF's free cash flow?

Aspen Insurance Holdings Ltd.'s operating cash flow is $-179.5M, with capital expenditures of N/A. FCF margin is -29.6%.

How does AHL-PF compare to other Finance stocks?

Vs Finance sector averages: Net margin -24.2% (avg: 25%), ROE -5.4% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2019-03-31 | Powered by Claude AI