Employers Holdings Inc (EIG) Financial Statements (2024 and earlier)

Company Profile

Business Address 2340 CORPORATE CIRCLE
HENDERSON, NV 89074
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments259,500208,30085,600187,000411,600126,400
Cash and cash equivalents226,40089,20075,100160,400154,900101,400
Short-term investments33,100119,10010,50026,600256,70025,000
Receivables(3,900)(2,000)(2,500)(6,800)(10,500)(8,200)
Total current assets:255,600206,30083,100180,200401,100118,200
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization     
Operating lease, right-of-use asset5,10011,50014,20017,40015,900
Property, plant and equipment6,50012,00014,70019,10021,90018,200
Intangible assets, net (including goodwill)49,80049,80049,80049,80049,80043,900
Goodwill36,20036,20036,20036,20036,20036,200
Intangible assets, net (excluding goodwill)13,60013,60013,60013,60013,6007,700
Deferred income tax assets43,40062,700   
Total noncurrent assets:104,800136,00078,70086,30087,60062,100
Other undisclosed assets3,190,0003,374,4003,621,4003,656,1003,515,4003,738,900
TOTAL ASSETS:3,550,4003,716,7003,783,2003,922,6004,004,1003,919,200
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred tax liabilities29,300
Total current liabilities:      29,300
Noncurrent Liabilities
Liabilities, other than long-term debt   7,70015,500  
Deferred income tax liabilities   7,70015,500 
Total noncurrent liabilities:   7,70015,500  
Other undisclosed liabilities2,536,5002,772,5002,562,4002,694,3002,838,3002,871,700
Total liabilities:2,536,5002,772,5002,570,1002,709,8002,838,3002,901,000
Equity
Equity, attributable to parent, including:1,013,900944,2001,213,1001,212,8001,165,8001,018,200
Common stock600600600600600600
Treasury stock, value(704,800)(627,700)(597,300)(555,100)(455,300)(388,200)
Additional paid in capital243,200243,200363,200363,200362,800349,400
Accumulated other comprehensive income (loss)(86,000)(138,900)60,600115,10065,300(13,700)
Retained earnings1,384,3001,295,6001,338,5001,247,9001,158,8001,030,700
Other undisclosed equity, attributable to parent 176,600171,40047,50041,10033,60039,400
Total equity:1,013,900944,2001,213,1001,212,8001,165,8001,018,200
TOTAL LIABILITIES AND EQUITY:3,550,4003,716,7003,783,2003,922,6004,004,1003,919,200

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues850,900713,500703,100711,400835,900800,400
Premiums earned, net721,900675,200574,400615,300695,800731,100
Cost of revenue(113,800)(391,000)(315,200)(302,400)(365,900)(112,000)
Policyholder benefits and claims incurred, net (391,000)(315,200)(302,400)(365,900) 
Deferred policy acquisition costs, amortization expense (113,800)    (112,000)
Gross profit:737,100322,500387,900409,000470,000688,400
Operating expenses(702,500)(657,700)(556,100)(563,700)(642,100)(630,900)
Operating income (loss):34,600(335,200)(168,200)(154,700)(172,100)57,500
Interest and debt expense(5,800)(3,500)(500)(400)(600)(1,500)
Other undisclosed income from continuing operations before equity method investments, income taxes119,600394,500315,700302,800366,500113,500
Income from continuing operations before equity method investments, income taxes:148,40055,800147,000147,700193,800169,500
Other undisclosed income from continuing operations before income taxes      
Income from continuing operations before income taxes:148,40055,800147,000147,700193,800169,500
Income tax expense(30,300)(7,400)(27,700)(27,900)(36,700)(28,200)
Income from continuing operations:118,10048,400119,300119,800157,100141,300
Income before gain (loss) on sale of properties:119,300119,800157,100141,300
Net income available to common stockholders, diluted:118,10048,400119,300119,800157,100141,300

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:118,10048,400119,300119,800157,100141,300
Other comprehensive income (loss)52,900(199,500)(54,500)49,80079,000(47,100)
Comprehensive income (loss), net of tax, attributable to parent:171,000(151,100)64,800169,600236,10094,200

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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