EMPLOYERS HOLDINGS, INC.

EDGAR

Annual consolidated revenue for 2025: about USD 858.7M, using the latest reported figures. The previous period, 2024, was about USD 880.7M.

Watchlist

Latest quarter

Revenue

189 million USD

2026 Q3 · USD

Exact inputs and evidence

Net margin

6.13%

2026 Q3 · %

Exact inputs and evidence
  • Net Income: 11600000 USD Source
  • Revenue: 189300000 USD Source

Operating cash flow

-11.4 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -19500000 USD Source
  • Operating Cash Flow: -8100000 USD Source
Cash and cash equivalents
75.7 million USD Source
Exact value

75700000 USD

Long-term debt including current maturities
125 million USD Source
Exact value

125000000 USD

Shares outstanding
17.6 million shares Source
Exact value

17590493 shares

Reported share-count change

-22.54% · -5.12 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 22709604 shares · 2025-09-30· Source
  • 17590493 shares · 2026-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

788 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Revenue: 858700000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 688200000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 207600000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 220200000 USD · 2026-04-01 – 2026-06-30 Source
  • Revenue: 189300000 USD · 2026-07-01 – 2026-09-30 Source

Net income

27.5 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Net income: 10800000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 34200000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 10200000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 29100000 USD · 2026-04-01 – 2026-06-30 Source
  • Net income: 11600000 USD · 2026-07-01 – 2026-09-30 Source

Operating cash flow

-18.8 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Operating cash flow: 44700000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 44000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 2200000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -8100000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 2200000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -19500000 USD · 2026-01-01 – 2026-09-30 Source
  • Operating cash flow: -8100000 USD · 2026-01-01 – 2026-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-30.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • operating income: No compatible figures in this window
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 11 of 11 periods available· newest 2025-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 2 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -2.5%

    Prior period

    USD 880.7 million

    –

    Current period

    USD 858.7 million

    –

    Exact inputs and evidence

    858700000 − 880700000 = -22000000 USD

    880700000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    858700000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    -90.9%

    Prior period

    USD 118.6 million

    –

    Current period

    USD 10.8 million

    –

    Exact inputs and evidence

    10800000 − 118600000 = -107800000 USD

    118600000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    10800000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    -41.5%

    Prior period

    USD 76.4 million

    –

    Current period

    USD 44.7 million

    –

    Exact inputs and evidence

    44700000 − 76400000 = -31700000 USD

    76400000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    44700000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    0%

    Prior period

    USD 100,000

    –

    Current period

    USD 100,000

    –

    Exact inputs and evidence

    100000 − 100000 = 0 USD

    100000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    100000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 858.7 million 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income USD 10.8 million 1.3% of revenue

Cash

  • Operating cash flow USD 44.7 million 5.2% of revenue
  • Capital expenditure USD 100,000 0% of revenue
  • Free cash flow Derived USD 44.6 million 5.2% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Not shown: operating income or net income is not reported.
  • 2017 Not shown: operating income or net income is not reported.
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31779800000 UnavailableUnavailableUnavailable106700000 122100000 Derived
Source
2017 2017-01-01 – 2017-12-31801400000 UnavailableUnavailableUnavailable101200000 141900000 Derived
Source
2018 2018-01-01 – 2018-12-31800400000 UnavailableUnavailableUnavailable141300000 179900000 Derived
Source
2019 2019-01-01 – 2019-12-31835900000 UnavailableUnavailableUnavailable157100000 121800000 Derived
Source
2020 2020-01-01 – 2020-12-31711400000 UnavailableUnavailableUnavailable119800000 32900000 Derived
Source
2021 2021-01-01 – 2021-12-31703100000 UnavailableUnavailableUnavailable119300000 10500000 Derived
Source
2022 2022-01-01 – 2022-12-31713500000 UnavailableUnavailableUnavailable48400000 99700000 Derived
Source
2023 2023-01-01 – 2023-12-31850900000 UnavailableUnavailableUnavailable118100000 49400000 Derived
Source
2024 2024-01-01 – 2024-12-31880700000 UnavailableUnavailableUnavailable118600000 76300000 Derived
Source
2025 2025-01-01 – 2025-12-31858700000 UnavailableUnavailableUnavailable10800000 44600000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 858.7M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.951.2M713.4M475.6M237.8M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue779800000
2017Revenue801400000
2018Revenue800400000
2019Revenue835900000
2020Revenue711400000
2021Revenue703100000
2022Revenue713500000
2023Revenue850900000
2024Revenue880700000
2025Revenue858700000

Revenue growth

Change in revenue from the same financial period one year earlier.

-2.5% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.22.0%12.1%2.2%-7.7%-17.6%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year3.7%
2017Year over year2.8%
2018Year over year-0.1%
2019Year over year4.4%
2020Year over year-14.9%
2021Year over year-1.2%
2022Year over year1.5%
2023Year over year19.3%
2024Year over year3.5%
2025Year over year-2.5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin 1.3% 2025
Free cash flow margin 5.2% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.24.3%18.2%12.1%6.1%0.0%2016-12-312021-12-312025-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Operating marginNot reported
2017-12-31Operating marginNot reported
2018-12-31Operating marginNot reported
2019-12-31Operating marginNot reported
2020-12-31Operating marginNot reported
2021-12-31Operating marginNot reported
2022-12-31Operating marginNot reported
2023-12-31Operating marginNot reported
2024-12-31Operating marginNot reported
2025-12-31Operating marginNot reported
2016Net margin13.7%
2017Net margin12.6%
2018Net margin17.7%
2019Net margin18.8%
2020Net margin16.8%
2021Net margin17%
2022Net margin6.8%
2023Net margin13.9%
2024Net margin13.5%
2025Net margin1.3%
2016Free cash flow margin15.7%
2017Free cash flow margin17.7%
2018Free cash flow margin22.5%
2019Free cash flow margin14.6%
2020Free cash flow margin4.6%
2021Free cash flow margin1.5%
2022Free cash flow margin14%
2023Free cash flow margin5.8%
2024Free cash flow margin8.7%
2025Free cash flow margin5.2%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 44.7M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.194.6M146.0M97.3M48.7M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow122800000
2017Operating cash flow142300000
2018Operating cash flow180200000
2019Operating cash flow122500000
2020Operating cash flow33000000
2021Operating cash flow10800000
2022Operating cash flow99800000
2023Operating cash flow49400000
2024Operating cash flow76400000
2025Operating cash flow44700000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 44.6M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.194.3M145.7M97.1M48.6M0.0201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow122100000
2017Free cash flow141900000
2018Free cash flow179900000
2019Free cash flow121800000
2020Free cash flow32900000
2021Free cash flow10500000
2022Free cash flow99700000
2023Free cash flow49400000
2024Free cash flow76300000
2025Free cash flow44600000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

72.2% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.84%63%42%21%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets77.7%
2017Liabilities / assets75.3%
2018Liabilities / assets74%
2019Liabilities / assets70.9%
2020Liabilities / assets69.1%
2021Liabilities / assets67.9%
2022Liabilities / assets74.6%
2023Liabilities / assets71.4%
2024Liabilities / assets69.8%
2025Liabilities / assets72.2%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 106.7 million
Exact value

Exact value: 106700000 USD

2016-01-01 – 2016-12-31: 106700000 USD Inspect Net Income Open source
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USD 122.8 million
Exact value

Exact value: 122800000 USD

2016-01-01 – 2016-12-31: 122800000 USD Inspect Operating Cash Flow Open source
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USD 700,000
Exact value

Exact value: 700000 USD

2016-01-01 – 2016-12-31: 700000 USD Inspect Capital Expenditure Open source
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USD 122.1 million
Calculation and evidence

122800000 − 700000 USD

Exact free cash flow: 122100000 USD

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2017 2017-01-01 – 2017-12-31
USD 101.2 million
Exact value

Exact value: 101200000 USD

2017-01-01 – 2017-12-31: 101200000 USD Inspect Net Income Open source
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USD 142.3 million
Exact value

Exact value: 142300000 USD

2017-01-01 – 2017-12-31: 142300000 USD Inspect Operating Cash Flow Open source
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USD 400,000
Exact value

Exact value: 400000 USD

2017-01-01 – 2017-12-31: 400000 USD Inspect Capital Expenditure Open source
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USD 141.9 million
Calculation and evidence

142300000 − 400000 USD

Exact free cash flow: 141900000 USD

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2018 2018-01-01 – 2018-12-31
USD 141.3 million
Exact value

Exact value: 141300000 USD

2018-01-01 – 2018-12-31: 141300000 USD Inspect Net Income Open source
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USD 180.2 million
Exact value

Exact value: 180200000 USD

2018-01-01 – 2018-12-31: 180200000 USD Inspect Operating Cash Flow Open source
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USD 300,000
Exact value

Exact value: 300000 USD

2018-01-01 – 2018-12-31: 300000 USD Inspect Capital Expenditure Open source
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USD 179.9 million
Calculation and evidence

180200000 − 300000 USD

Exact free cash flow: 179900000 USD

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2019 2019-01-01 – 2019-12-31
USD 157.1 million
Exact value

Exact value: 157100000 USD

2019-01-01 – 2019-12-31: 157100000 USD Inspect Net Income Open source
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USD 122.5 million
Exact value

Exact value: 122500000 USD

2019-01-01 – 2019-12-31: 122500000 USD Inspect Operating Cash Flow Open source
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USD 700,000
Exact value

Exact value: 700000 USD

2019-01-01 – 2019-12-31: 700000 USD Inspect Capital Expenditure Open source
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USD 121.8 million
Calculation and evidence

122500000 − 700000 USD

Exact free cash flow: 121800000 USD

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2020 2020-01-01 – 2020-12-31
USD 119.8 million
Exact value

Exact value: 119800000 USD

2020-01-01 – 2020-12-31: 119800000 USD Inspect Net Income Open source
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USD 33 million
Exact value

Exact value: 33000000 USD

2020-01-01 – 2020-12-31: 33000000 USD Inspect Operating Cash Flow Open source
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USD 100,000
Exact value

Exact value: 100000 USD

2020-01-01 – 2020-12-31: 100000 USD Inspect Capital Expenditure Open source
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USD 32.9 million
Calculation and evidence

33000000 − 100000 USD

Exact free cash flow: 32900000 USD

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2021 2021-01-01 – 2021-12-31
USD 119.3 million
Exact value

Exact value: 119300000 USD

2021-01-01 – 2021-12-31: 119300000 USD Inspect Net Income Open source
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USD 10.8 million
Exact value

Exact value: 10800000 USD

2021-01-01 – 2021-12-31: 10800000 USD Inspect Operating Cash Flow Open source
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USD 300,000
Exact value

Exact value: 300000 USD

2021-01-01 – 2021-12-31: 300000 USD Inspect Capital Expenditure Open source
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USD 10.5 million
Calculation and evidence

10800000 − 300000 USD

Exact free cash flow: 10500000 USD

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2022 2022-01-01 – 2022-12-31
USD 48.4 million
Exact value

Exact value: 48400000 USD

2022-01-01 – 2022-12-31: 48400000 USD Inspect Net Income Open source
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USD 99.8 million
Exact value

Exact value: 99800000 USD

2022-01-01 – 2022-12-31: 99800000 USD Inspect Operating Cash Flow Open source
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USD 100,000
Exact value

Exact value: 100000 USD

2022-01-01 – 2022-12-31: 100000 USD Inspect Capital Expenditure Open source
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USD 99.7 million
Calculation and evidence

99800000 − 100000 USD

Exact free cash flow: 99700000 USD

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2023 2023-01-01 – 2023-12-31
USD 118.1 million
Exact value

Exact value: 118100000 USD

2023-01-01 – 2023-12-31: 118100000 USD Inspect Net Income Open source
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USD 49.4 million
Exact value

Exact value: 49400000 USD

2023-01-01 – 2023-12-31: 49400000 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2023-01-01 – 2023-12-31: 0 USD Inspect Capital Expenditure Open source
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USD 49.4 million
Calculation and evidence

49400000 − 0 USD

Exact free cash flow: 49400000 USD

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2024 2024-01-01 – 2024-12-31
USD 118.6 million
Exact value

Exact value: 118600000 USD

2024-01-01 – 2024-12-31: 118600000 USD Inspect Net Income Open source
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USD 76.4 million
Exact value

Exact value: 76400000 USD

2024-01-01 – 2024-12-31: 76400000 USD Inspect Operating Cash Flow Open source
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USD 100,000
Exact value

Exact value: 100000 USD

2024-01-01 – 2024-12-31: 100000 USD Inspect Capital Expenditure Open source
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USD 76.3 million
Calculation and evidence

76400000 − 100000 USD

Exact free cash flow: 76300000 USD

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2025 2025-01-01 – 2025-12-31
USD 10.8 million
Exact value

Exact value: 10800000 USD

2025-01-01 – 2025-12-31: 10800000 USD Inspect Net Income Open source
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USD 44.7 million
Exact value

Exact value: 44700000 USD

2025-01-01 – 2025-12-31: 44700000 USD Inspect Operating Cash Flow Open source
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USD 100,000
Exact value

Exact value: 100000 USD

2025-01-01 – 2025-12-31: 100000 USD Inspect Capital Expenditure Open source
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USD 44.6 million
Calculation and evidence

44700000 − 100000 USD

Exact free cash flow: 44600000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

346 filings · 4,887 latest values · 4,887 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001379041, 1379041, EIG, edgar:1379041

Also known as EMPLOYERS HOLDINGS, INC., Employers Holdings, Inc.