National General Holdings Corp.
Financials · Fire, Marine & Casualty Insurance · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $760.4M | $642.0M | $561.6M | $502.9M | $380.8M | $557.8M |
| Operating income | — | — | — | — | — | — |
| Net income | $100.8M | $91.8M | $207.4M | $105.8M | $175.7M | $42.3M |
| Total assets | $10.13B | $9.76B | $9.44B | $8.44B | $5.77B | $5.56B |
| Total liabilities | $6.91B | $7.14B | $7.24B | $6.49B | $4.18B | $4.03B |
| Equity | $3.24B | $2.65B | $2.22B | $1.93B | $1.58B | $1.50B |
| EPS (diluted) | $0.80 | $0.72 | $1.59 | $0.68 | $1.40 | $0.43 |
| Shares out. | 113.6M | 113.0M | 106.7M | 106.5M | 105.6M | 93.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- —
- Net margin
- 13.3%
- Return on equity
- 3.1%
- Return on assets
- 1.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 68.2%
- Debt / equity
- 2.14×
- Book value / share
- $28.50
- Revenue growth (YoY)
- 18.4%
- Net income growth (YoY)
- 9.8%
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 · FY2020- Accruals / assets
- −4.9%clean
- Piotroski F-Score
- 6/7mixed
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● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue is growing year-over-year
- Positive operating cash flow
- 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, 2017
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Fallon PatrickDirector | Jan 4, 2021 | D | 7,000 | $0.00 |
| Marshaleck JohnDirector | Jan 4, 2021 | D | 9,500 | $0.00 |
| Paris BarbaraDirector | Jan 4, 2021 | D | 7,000 | $0.00 |
| Decarlo Donald TDirector | Jan 4, 2021 | D | 7,000 | $0.00 |
| Nichols John DrakeDirector | Jan 4, 2021 | D | 27,500 | $0.00 |
| Karfunkel Leah10% owner | Jan 4, 2021 | D | 12.6M | $0.00 |
| Zyskind Barry DDirector | Jan 4, 2021 | D | 320,000 | $0.00 |
| Rendall Peter A.Officer — COO | Jan 4, 2021 | D | 14,732 | $0.00 |
| Moloney Lawrence J.Officer — Chief Accounting Officer | Jan 4, 2021 | D | 1,495 | $0.00 |
| Weiner Michael HalOfficer — CFO and Treasurer | Jan 4, 2021 | D | 129,948 | $0.00 |
| Weissmann JeffreyOfficer — General Counsel & Secretary | Jan 4, 2021 | D | 93,307 | $0.00 |
| Karfunkel RobertOfficer — President | Jan 4, 2021 | D | 146,759 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Director / officer changeJan 15, 2021
- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsJan 4, 2021
- Regulation FD disclosureDec 1, 2020
- Results of operationsOct 30, 2020
- Shareholder voteSep 30, 2020
- Other material eventSep 22, 2020
- Results of operationsJul 31, 2020
- Entered a material agreement · Other material eventJul 8, 2020
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 ↗Event-driven situations (2)
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