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ACICAmerican Coastal Insurance Corporation
$11.35$550M
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American Coastal Insurance Corporation (ACIC) Financial Ratios

Latest Ratios: P/E Ratio 5.3x · EV/EBITDA 3.1x · ROE 38.6%. (2006–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

ACIC Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$550M$629M$664M$420M$46M$186M$245M$539M$712M$645M$327M
Enterprise Value$504M$582M$680M$416M$-30095806$133M$166M$483M$759M$667M$231M
P/E Ratio →5.285.878.801.36————2444.1263.8958.23
P/S Ratio1.641.872.241.590.210.820.290.650.980.990.67
P/B Ratio1.781.982.822.49—0.560.591.031.321.201.36
P/FCF7.768.872.73————4.24117.6871.075.23
P/OCF7.748.852.73————3.6270.3745.064.98

P/E links to full P/E history page with 30-year chart

ACIC EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—1.742.291.58-0.140.580.200.591.051.020.47
EV / EBITDA3.083.575.643.90-1.2098.35——53.3217.3512.33
EV / EBIT3.533.795.983.89-2.70———134.96160.4429.86
EV / FCF—8.222.79————3.80125.5273.523.69

ACIC Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin86.3%86.3%52.7%53.7%19.8%20.3%0.3%10.6%15.5%17.3%14.6%
Operating Margin42.6%42.6%37.6%36.4%0.8%-4.6%-15.6%-4.0%-0.6%0.1%1.4%
Net Profit Margin31.8%31.8%25.5%117.5%-212.8%-25.3%-11.4%-3.6%0.0%1.6%1.2%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE38.6%38.6%37.4%183.6%-619.2%-15.5%-20.5%-5.6%0.1%2.6%2.4%
ROA9.3%9.3%6.7%15.9%-17.0%-2.1%-3.6%-1.2%0.0%0.7%0.7%
ROIC41.0%41.0%38.9%40.2%13.7%-2.5%-24.6%-4.6%-0.6%0.2%3.4%
ROCE26.0%26.0%9.8%5.2%0.1%-0.4%-5.2%-1.5%-0.2%0.1%0.9%

ACIC Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.480.480.650.89—0.480.380.300.300.300.22
Debt / EBITDA0.930.931.261.406.00117.32——11.244.202.89
Net Debt / Equity—-0.150.06-0.03—-0.16-0.19-0.110.090.04-0.40
Net Debt / EBITDA-0.28-0.280.13-0.04-3.03-39.62——3.330.58-5.16
Debt / FCF—-0.650.06————-0.447.842.45-1.54
Interest Coverage14.2014.209.479.831.18-0.12-12.79-2.330.571.2810.69

Net cash position: cash ($199M) exceeds total debt ($152M)

ACIC Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio1.221.22—2.0317.306.01126.467.106.893.827.43
Quick Ratio1.221.22—11.6020.237.13144508.369.048.355.989.74
Cash Ratio0.520.52—1.934.512.70107308.804.503.961.416.80
Asset Turnover—0.310.240.250.080.080.300.330.310.320.49
Inventory Turnover———————————
Days Sales Outstanding———————————

ACIC Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield——3.6%—5.7%5.6%4.2%1.9%1.4%1.4%1.5%
Payout Ratio——31.8%—————3540.7%88.6%87.3%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield18.9%17.0%11.4%73.8%————0.0%1.6%1.7%
FCF Yield12.9%11.3%36.6%————23.6%0.8%1.4%19.1%
Buyback Yield0.0%0.0%0.0%0.0%0.1%0.0%0.0%0.1%0.1%0.0%0.1%
Total Shareholder Yield0.0%0.0%3.6%0.0%5.7%5.6%4.2%2.0%1.5%1.4%1.6%
Shares Outstanding—$50M$49M$44M$43M$43M$43M$43M$43M$37M$22M

Key Metrics

Growth RegimeMixed
ProfitabilityStrong
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

Florida catastrophe reinsurance volatility

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Valuation Reflects Turnaround Execution Risk

Based on reported financial data, ACIC trades at a P/B of 1.75, which suggests that investors are pricing in the successful transition to a commercial-focused model while remaining cautious regarding the lingering legacy liabilities from the former United Insurance Holdings corporate structure.

The current P/B multiple appears to reflect a discount relative to peers with more stable, long-term underwriting track records. This valuation suggests that the market is waiting for further evidence of sustained ROE expansion before assigning a premium multiple to the company's specialized Florida commercial residential franchise.

Underwriting Discipline Drives Profitability Gains

As reported in quarterly filings, ACIC achieved a combined ratio of 63.8% in 2026Q1, indicating that the company's strategic pivot toward high-margin commercial residential risks is successfully generating significant underwriting profit despite the inherent volatility of the Florida property insurance market.

The trajectory of the combined ratio, which has remained largely below 70% in recent quarters, suggests that the company's underwriting focus is effectively mitigating the loss frequency seen in legacy personal lines. Investors should monitor whether this efficiency can be maintained as the company scales its commercial book.

Capital Discipline Supports Underwriting Capacity

According to recent financial statements, ACIC has maintained a debt-to-equity ratio of 0.48 as of 2026Q1, which indicates a disciplined approach to capital management that provides a necessary buffer against the high-severity loss events typical of the Florida commercial residential insurance landscape.

This leverage profile appears to support the company's ability to retain more risk on its own balance sheet, potentially reducing reliance on expensive third-party reinsurance over time. The reduction in leverage suggests management is prioritizing long-term solvency over aggressive, debt-fueled expansion.

Misapplication of Standard P/E Multiples

As indicated by the company's volatile earnings history, the P/E ratio is a frequently misapplied metric for ACIC, as it fails to account for the significant non-recurring reserve adjustments and legacy runoff costs that distort the true underlying profitability of the core commercial insurance operations.

Investors should prioritize the combined ratio and book value growth over P/E, as the latter is heavily influenced by accounting noise from discontinued operations. Relying on P/E may lead to an inaccurate assessment of the company's actual earnings power in its current, streamlined form.

Download Financial Ratios Data

Includes 30+ ratios · 20 years · Updated daily

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ACIC — Frequently Asked Questions

Quick answers to the most common questions about buying ACIC stock.

What is American Coastal Insurance Corporation's P/E ratio?

American Coastal Insurance Corporation's current P/E ratio is 5.3x. The historical average is 16.4x. This places it at the 17th percentile of its historical range.

What is American Coastal Insurance Corporation's EV/EBITDA?

American Coastal Insurance Corporation's current EV/EBITDA is 3.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.0x.

What is American Coastal Insurance Corporation's ROE?

American Coastal Insurance Corporation's return on equity (ROE) is 38.6%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 34.2%.

Is ACIC stock overvalued?

Based on historical data, American Coastal Insurance Corporation is trading at a P/E of 5.3x. This is at the 17th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are American Coastal Insurance Corporation's profit margins?

American Coastal Insurance Corporation has 86.3% gross margin and 42.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.

How much debt does American Coastal Insurance Corporation have?

American Coastal Insurance Corporation's Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.