Employers Holdings Inc

EIG Financial Insurance Specialty

Employers Holdings Inc’s revenue for fiscal 2025 (year ended December 2025) was $858.7 million, down 2.50% from fiscal 2024. In the quarter to June 2026, revenue fell 10.6%, EPS grew 29.0% and free cash flow fell 1,111.1%, each against the same quarter a year earlier. Dividend growth for three consecutive years; insiders bought in the last twelve months.

51.21 0.76 +1.51%
Market cap
$906.1M
P/E
73.2×
Fwd P/E
18.2×
Dividend yield
2.58%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
P/E ratio
126.97 10.83 8.83 24.08 9.78 7.83 8.52 9.76 13.96 12.37
Piotroski F-Score
5 6 8 6 7 3 8 7 6 6
P/S ratio
1.18 1.46 1.23 1.66 1.66 1.35 1.60 1.72 1.76 1.67
P/FCF ratio
23.75 17.95 22.20 12.20 162.58 35.01 12.15 8.12 10.52 11.07
P/Operating CF
1,442.25 97.97 37.96 36.71 58.24 (65.95) 135.46 29.30 36.64 50.54
P/B ratio
1.06 1.20 1.03 1.26 0.97 0.79 1.15 1.36 1.49 1.55
Price to Tangible BV
1.11 1.26 1.09 1.33 1.01 0.83 1.20 1.42 1.56 1.64
EV/Sales
1.03 1.45 1.04 1.84 1.61 1.18 1.46 1.62 1.69 1.62
EV/EBITDA
39.67 7.88 4.69 15.59 6.22 4.78 5.63 6.99 7.73 7.65
EV/Operating CF
19.79 16.75 17.94 13.12 104.56 25.40 9.99 7.20 9.53 10.30
EV/FCF
20.81 17.90 18.77 13.47 156.85 30.48 11.09 7.64 10.11 10.74
Quick Ratio
0.39 0.37 0.43 0.35 0.34 0.37 0.38 0.36 0.35 0.36
Current Ratio
0.39 0.37 0.43 0.35 0.34 0.37 0.38 0.36 0.35 0.36
Net Debt/EBITDA
(5.61) (0.42) (1.20) 1.23 (0.34) (0.82) (0.65) (0.34) (0.20) (0.05)
Debt/Assets
1.02% 0.00% 0.00% 5.19% 0.37% 0.41% 0.32% 1.00% 1.02% 1.64%
Debt/Equity
0.04 0.00 0.00 0.20 0.01 0.01 0.01 0.04 0.04 0.07
Asset Turnover
0.25 0.25 0.23 0.19 0.18 0.18 0.21 0.21 0.21 0.21
Operating CF/Net income
4.14 0.64 0.42 2.06 0.09 0.28 0.78 1.28 1.41 1.15
Capex/Depreciation
(0.25) (0.31) (0.09) (0.11) (0.12) (0.20) (0.53) (0.69) (0.36) (0.22)
Interest Coverage
27.20 1,468.00 28.48 16.94 303.20 372.25 324.00 114.00 109.21 88.94
ROE
1.07% 11.39% 12.06% 4.49% 9.84% 10.07% 14.39% 14.38% 11.32% 13.33%
ROA
0.31% 3.34% 3.25% 1.29% 3.10% 3.02% 3.97% 3.64% 2.66% 2.83%
ROIC
0.99% 9.17% 12.65% 3.33% 8.20% 8.69% 11.83% 11.09% 10.38% 10.57%
Return on Tangible Assets
(0.77%) (8.22%) (8.88%) (3.17%) (7.78%) (7.89%) (9.78%) (8.34%) (5.87%) (6.17%)
Average Days of Receivables
309.02 322.89 340.25 387.36 378.19 377.78 360.42 384.97 396.65 418.17
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Intangible Assets out of Total Assets
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Share Based Compensation of Revenue
0.58% 0.72% 0.73% 0.71% 1.29% 1.36% 1.21% 1.17% 0.85% 0.74%
Graham Net Nets
(1.58) (1.27) (1.45) (1.62) (1.51) (1.88) (1.39) (1.42) (1.38) (1.51)
Graham Number
17.68 67.38 62.39 37.18 63.89 61.23 63.26 54.73 45.17 43.53
Earnings Yield
0.79% 9.23% 11.33% 4.15% 10.22% 12.77% 11.74% 10.25% 7.17% 8.08%
Free Cash Flow Yield
4.21% 5.57% 4.51% 8.20% 0.62% 2.86% 8.23% 12.32% 9.51% 9.03%
Revenue per Share
36.72 35.16 32.27 25.94 24.85 23.78 26.02 24.34 24.66 24.04
Operating CF per Share
1.91 3.05 1.87 3.63 0.38 1.10 3.81 5.48 4.38 3.79
Capex per Share
(0.09) (0.20) (0.08) (0.09) (0.13) (0.18) (0.38) (0.31) (0.25) (0.15)
Free Cash Flow per Share
1.82 2.85 1.79 3.53 0.25 0.92 3.44 5.17 4.13 3.63
Cash per Share
6.84 2.73 8.59 3.25 2.66 5.37 4.83 3.10 2.29 2.18
Shareholders Equity per Share
40.87 42.66 38.45 34.33 42.88 40.55 36.29 30.96 29.16 25.92
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
40.87 42.66 38.45 34.33 42.88 40.55 36.29 30.96 29.16 25.92
Free Cash Flow
42.50 71.50 47.20 97.20 7.20 27.50 110.40 170.00 134.10 117.80
Working Capital
(1,410.00) (1,449.80) (1,336.50) (1,540.50) (1,548.30) (1,537.50) (1,627.70) (1,712.40) (1,738.20) (1,752.10)
Capital Expenditures
(2.20) (4.90) (2.20) (2.60) (3.60) (5.50) (12.10) (10.20) (8.20) (5.00)
Net Current Asset Value
(1,593.90) (1,625.00) (1,516.70) (1,925.90) (1,766.30) (1,812.90) (1,857.70) (1,954.80) (1,947.20) (1,968.60)
EV/EBIT
65.04 8.72 5.36 22.08 7.45 5.63 6.30 7.59 8.87 8.89
Capex to Sales
0.00 0.01 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.01
Price to Operating Income
77.07 8.75 6.57 21.25 7.75 6.48 6.92 8.14 9.31 9.27
Other line items
Depreciation/Fixed assets
1.34 2.01 3.68 2.06 2.05 1.41 1.05 0.81 1.62 1.04
Cash ROIC
3.69% 6.29% 3.80% 7.92% 0.55% 1.98% 8.28% 14.67% 12.64% 12.10%
Accounts Receivable Turnover
1.14 1.12 1.10 0.96 0.96 0.91 1.00 0.93 0.91 0.85
Accounts Payable Turnover
0.38 0.32 0.30 0.28 0.23 0.23 0.25 0.24 0.25 0.24
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
959.30 1,109.87 1,219.13 1,299.37 1,528.83 1,551.75 1,456.42 1,496.94 1,467.94 1,508.95
Days of Inventory on Hand
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Receivables
753.05 786.15 775.20 742.85 732.40 780.85 834.80 857.55 882.15 915.20
Average Payables
2,226.35 2,260.95 2,309.60 2,319.45 2,350.70 2,475.55 2,570.50 2,594.70 2,621.80 2,658.00
Average Assets
3,488.95 3,545.85 3,633.55 3,749.95 3,852.90 3,963.35 3,961.65 3,879.65 3,806.75 3,764.60
Average Common Equity
1,012.20 1,041.30 979.05 1,078.65 1,212.95 1,189.30 1,092.00 982.95 894.15 800.70

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Columns are period end dates