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Ategrity Specialty Insurance Co Holdings (ASIC) Stock Fundamental Analysis & AI Rating 2026

ASIC NYSE Fire, Marine & Casualty Insurance DE CIK: 0002040491
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
79% Confidence
AGREEMENT
STRONG BUY
82% Conf
BUY
76% Conf

📊 ASIC Key Takeaways

Revenue: $424.3M
Net Margin: 17.4%
Free Cash Flow: $140.7M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $1.58
AI Rating: STRONG BUY with 82% confidence
Ategrity Specialty Insurance Co Holdings (ASIC) receives a BUY rating with 79% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $424.3M, net profit margin of 17.4%, and return on equity (ROE) of 12.0%, Ategrity Specialty Insurance Co Holdings demonstrates strong fundamentals in the Finance sector. Below is our complete ASIC stock analysis for 2026.

Is Ategrity Specialty Insurance Co Holdings (ASIC) a Good Investment?

Claude

ASIC demonstrates exceptional operational excellence with strong revenue growth of 23.4% YoY coupled with healthy net margin expansion to 17.4%. The company generates substantial free cash flow of $140.7M (33.2% FCF margin) with minimal debt and fortress-like balance sheet liquidity, indicating strong capacity to fund growth and capital returns.

ChatGPT

Ategrity shows strong core fundamentals with double-digit revenue growth, solid underwriting-level profitability, and unusually strong free cash flow generation for its size. The balance sheet is conservatively positioned with no meaningful leverage, but the gap between revenue growth and net income growth suggests earnings quality should be monitored for margin pressure or loss-cost normalization.

Why Buy Ategrity Specialty Insurance Co Holdings Stock? ASIC Key Strengths

Claude
  • + Revenue growth of 23.4% YoY significantly outpacing industry average
  • + Outstanding free cash flow generation at $140.7M with 33.2% FCF margin
  • + Conservative capital structure with zero long-term debt and 0.00x debt/equity ratio
  • + Strong interest coverage of 70.6x and robust profitability with 22.6% operating margin
  • + Solid ROE of 12.0% and ROA of 5.0% demonstrate efficient capital deployment
  • + Operating cash flow of $147.2M exceeds net income, indicating high-quality earnings
ChatGPT
  • + Revenue grew 23.4% year over year while operating margin remained strong at 22.6%
  • + Free cash flow of $140.72M and a 33.2% FCF margin indicate high cash conversion
  • + Balance sheet strength is solid with $614.31M of equity, no meaningful debt, and healthy returns on equity and assets

ASIC Stock Risks: Ategrity Specialty Insurance Co Holdings Investment Risks

Claude
  • ! Insurance sector exposure to catastrophic loss events and weather-related volatility
  • ! Relatively modest liquidity visibility with only $29.7M cash on $1.5B asset base
  • ! No insider buying activity in last 90 days suggests potential management confidence gap
  • ! EPS growth of 23.4% driven partially by revenue expansion rather than margin improvement
  • ! Limited historical context provided; cannot assess cyclicality or normalized earnings power
ChatGPT
  • ! Net income grew only 1.2% despite much faster revenue growth, which may indicate margin compression or higher claims costs
  • ! Insurance fundamentals can deteriorate quickly if loss ratios, reserve development, or catastrophe exposure worsen
  • ! Cash on hand is modest relative to total assets, increasing reliance on investment portfolio liquidity and underwriting discipline

Key Metrics to Watch

Claude
  • * Loss ratios and combined ratios to track underwriting profitability trends
  • * Revenue growth sustainability and premium volume trends year-over-year
  • * Operating cash flow consistency and free cash flow conversion rate
  • * Catastrophe losses and reserve adequacy relative to exposure
ChatGPT
  • * Combined ratio or loss ratio trends versus premium growth
  • * Net income and operating margin conversion as revenue continues to scale

Ategrity Specialty Insurance Co Holdings (ASIC) Financial Metrics & Key Ratios

Revenue
$424.3M
Net Income
$74.0M
EPS (Diluted)
$1.58
Free Cash Flow
$140.7M
Total Assets
$1.5B
Cash Position
$29.7M

💡 AI Analyst Insight

The 33.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

ASIC Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 22.6%
Net Margin 17.4%
ROE 12.0%
ROA 5.0%
FCF Margin 33.2%

ASIC vs Finance Sector: How Ategrity Specialty Insurance Co Holdings Compares

How Ategrity Specialty Insurance Co Holdings compares to Finance sector averages

Net Margin
ASIC 17.4%
vs
Sector Avg 25.0%
ASIC Sector
ROE
ASIC 12.0%
vs
Sector Avg 12.0%
ASIC Sector
Current Ratio
ASIC 0.0x
vs
Sector Avg 1.2x
ASIC Sector
Debt/Equity
ASIC 0.0x
vs
Sector Avg 2.0x
ASIC Sector

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

Is Ategrity Specialty Insurance Co Holdings Stock Overvalued? ASIC Valuation Analysis 2026

Based on fundamental analysis, Ategrity Specialty Insurance Co Holdings has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
12.0%
Sector avg: 12%
Net Profit Margin
17.4%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
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.

Ategrity Specialty Insurance Co Holdings Balance Sheet: ASIC Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
58.3%
Interest Coverage
70.63x
Long-term Debt
N/A

ASIC Revenue & Earnings Growth: 5-Year Financial Trend

ASIC 5-year financial data: Year 2025: Revenue $424.3M, Net Income $47.1M, EPS $1.28.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Ategrity Specialty Insurance Co Holdings's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $1.28 reflects profitable operations.

ASIC 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
33.2%
Free cash flow / Revenue

ASIC Quarterly Earnings & Performance

Quarterly financial performance data for Ategrity Specialty Insurance Co Holdings including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $88.7M $12.9M $0.36
Q2 2025 $74.4M $4.9M $0.14

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

Ategrity Specialty Insurance Co Holdings Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$147.2M
Cash generated from operations
Stock Buybacks
$2.7M
Shares repurchased (TTM)
Capital Expenditures
$6.5M
Investment in assets
Dividends
None
No dividend program

ASIC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Ategrity Specialty Insurance Co Holdings (CIK: 0002040491)

📋 Recent SEC Filings

Date Form Document Action
Mar 6, 2026 10-K asic-20251231.htm View →
Feb 19, 2026 8-K asic-20260219.htm View →
Feb 19, 2026 8-K asic-20260219.htm View →
Dec 18, 2025 8-K asic-20251218.htm View →
Nov 12, 2025 10-Q asic-20250930.htm View →

Frequently Asked Questions about ASIC

What is the AI rating for ASIC?

Ategrity Specialty Insurance Co Holdings (ASIC) has a Combined AI Rating of BUY from Claude (STRONG BUY) and ChatGPT (BUY) with 79% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ASIC's key strengths?

Claude: Revenue growth of 23.4% YoY significantly outpacing industry average. Outstanding free cash flow generation at $140.7M with 33.2% FCF margin. ChatGPT: Revenue grew 23.4% year over year while operating margin remained strong at 22.6%. Free cash flow of $140.72M and a 33.2% FCF margin indicate high cash conversion.

What are the risks of investing in ASIC?

Claude: Insurance sector exposure to catastrophic loss events and weather-related volatility. Relatively modest liquidity visibility with only $29.7M cash on $1.5B asset base. ChatGPT: Net income grew only 1.2% despite much faster revenue growth, which may indicate margin compression or higher claims costs. Insurance fundamentals can deteriorate quickly if loss ratios, reserve development, or catastrophe exposure worsen.

What is ASIC's revenue and growth?

Ategrity Specialty Insurance Co Holdings reported revenue of $424.3M.

Does ASIC pay dividends?

Ategrity Specialty Insurance Co Holdings does not currently pay dividends.

Where can I find ASIC SEC filings?

Official SEC filings for Ategrity Specialty Insurance Co Holdings (CIK: 0002040491) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ASIC's EPS?

Ategrity Specialty Insurance Co Holdings has a diluted EPS of $1.58.

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 ASIC a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Ategrity Specialty Insurance Co Holdings has a BUY rating with 79% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is ASIC stock overvalued or undervalued?

Valuation metrics for ASIC: ROE of 12.0% (sector avg: 12%), net margin of 17.4% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.

Should I buy ASIC stock in 2026?

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

What is ASIC's free cash flow?

Ategrity Specialty Insurance Co Holdings's operating cash flow is $147.2M, with capital expenditures of $6.5M. FCF margin is 33.2%.

How does ASIC compare to other Finance stocks?

Vs Finance sector averages: Net margin 17.4% (avg: 25%), ROE 12.0% (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 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI