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Companies / Financials / AMERISAFE, Inc.
AMSF

AMERISAFE, Inc.

FinancialsProperty & Casualty Insurance
Ticker AMSFDERIDDER, LAFiscal year ends DecemberBook value per share $12.65Diluted shares 18.8M

AMERISAFE, Inc. (Nasdaq: AMSF) is a specialty workers’ compensation insurer focused on small and mid-sized employers in hazardous industries, including construction, trucking, logging and lumber, agriculture, services, manufacturing and maritime. Its policies provide statutory medical, disability, wage-replacement and… From the company’s description.

Over the twelve months to Sep 30, 2026, AMERISAFE, Inc. reported revenue of $333.46M, up 7.7% from a year earlier, and net income of $40.36M. Its operating margin was 12.9%, and operations generated $12.57M in cash. In fiscal 2025, it reported revenue of $317.25M, up 2.7% from fiscal 2024, and net income of $47.15M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$317.25MFY2025
+2.7% year over year
Last 12 mo $333.46M
16.42%FY2025
−3 percentage points
Last 12 mo 12.94%
$47.15MFY2025
−15.0% year over year
Last 12 mo $40.36M
18.74%FY2025
−2.8 percentage points
Last 12 mo 17.01%
Cash & financing
$11.07MFY2025
−54.2% year over year
Last 12 mo $12.57M
$8.92MFY2025
−61.8% year over year
Last 12 mo $12.33M
—
19.1MFY2025
−0.4% year over year
Last 12 mo 18.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What AMERISAFE, Inc. does

In the company’s own words

AMERISAFE, Inc. (Nasdaq: AMSF) is a specialty workers’ compensation insurer focused on small and mid-sized employers in hazardous industries, including construction, trucking, logging and lumber, agriculture, services, manufacturing and maritime. Its policies provide statutory medical, disability, wage-replacement and death benefits for workplace injuries, with employers as policyholders. The company also provides workplace safety inspections and services, in-house claims management, and premium audits. It distributes insurance primarily through independent agencies and operates a wholly owned insurance agency subsidiary. Its insurance business is organized around voluntary policies and assumed premiums from mandatory residual-market pooling arrangements; voluntary business generated 97.2% of gross premiums written in 2025. AMERISAFE is licensed in 47 states, the District of Columbia and the U.S. Virgin Islands, and had more than 10,200 voluntary policyholders at year-end 2025. Gross premiums written were $313.9 million in 2025. The company began operations in 1986 insuring logging contractors and later expanded to other hazardous industries. Its website is www.amerisafe.com.

Company details
Sector
Financials
Industry (SIC)
Property & Casualty Insurance
Headquarters
DERIDDER, LA
Fiscal year end
December
CIK
1018979
SIC
6331

Financial performance, year by year

Fiscal 2011–2025 · USD
$-40.40M$80.80M$202.01M$323.22M$444.42M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns AMERISAFE, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

221
funds hold it
0 of 35
superinvestors hold it
$269.36M
held by funds, at market
45.0%
of shares held by funds

Largest fund holders · AMERISAFE, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.03%of fund net assets
Neuberger Genesis Fund
NBGNX · NEUBERGER BERMAN EQUITY FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
1.55%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do AMERISAFE, Inc. and its peers compare on margins and cash generation over ten years?”
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