Amtrust Financial Services, Inc.
Financials · Fire, Marine & Casualty Insurance · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $5.96B | $5.45B | $4.61B | $4.02B | $2.70B | $1.67B |
| Operating income | −$453.9M | $513.9M | $458.8M | $395.7M | $355.8M | $211.8M |
| Net income | −$348.9M | $411.0M | $450.7M | $415.7M | $282.2M | $178.0M |
| Total assets | $25.22B | $22.61B | $17.27B | $13.86B | $11.28B | $7.44B |
| Total liabilities | $21.85B | $19.15B | $14.36B | $11.79B | $9.70B | $6.19B |
| Equity | $3.19B | $3.27B | $2.72B | $1.91B | $1.35B | $1.14B |
| EPS (diluted) | $0.13 | $0.47 | $2.49 | $2.53 | $1.78 | $2.34 |
| Shares out. | 171.1M | 175.8M | 81.9M | 74.8M | 67.2M | 73.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −7.6%
- Net margin
- −5.9%
- Return on equity
- −10.9%
- Return on assets
- −1.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 86.6%
- Debt / equity
- 6.85×
- Book value / share
- $18.65
- Revenue growth (YoY)
- 9.3%
- Net income growth (YoY)
- −184.9%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2017- Accruals / assets
- 0.1%clean
- Piotroski F-Score
- 1/8weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 4 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 1, 2018
- NT 10-Kmissed a reporting deadline ↗Mar 1, 2017
- NT 10-Qmissed a reporting deadline ↗Nov 10, 2016
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreementJan 30, 2019
- Delisting / listing-standard notice · Director / officer changeJan 18, 2019
- Other material eventJan 17, 2019
- Entered a material agreementJan 3, 2019
- Director / officer changeDec 4, 2018
- Entered a material agreement · Terminated a material agreement · New financial obligationNov 29, 2018
- Completed an acquisition or disposition · Delisting / listing-standard notice · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventNov 29, 2018
- Other material eventNov 27, 2018
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 13F-HRMay 15, 2026
- 13F-HRJan 22, 2026
- 13F-HROct 24, 2025
- N-PXAug 12, 2025
- 13F-HRAug 12, 2025
- SCHEDULE 13G/AJul 22, 2025
- SCHEDULE 13DMay 30, 2025
- 3OWNERSHIP DOCUMENTMay 27, 2025
- 13F-HRMay 12, 2025
- SCHEDULE 13GApr 16, 2025
- 13F-HRJan 29, 2025
- 13F-HRNov 4, 2024
- N-PXAug 27, 2024
- 13F-HRAug 6, 2024
- 13F-HRMay 7, 2024
Event-driven situations (3)
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