ASPEN INSURANCE HOLDINGS LTD (AHL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'19 | Q1'19 | Q4'18 | Q3'18 | Q2'18 | Q1'18 | Q4'17 | Q3'17 | Q2'17 | Q1'17 | Q4'16 |
|---|
| Revenue | 821.5M | 714.2M | 765.4M | 907.5M | 775.5M | 763.7M | 750.6M | 719.2M | 734.6M | 490.4M | 551.4M | 578.1M | 669.4M | 510.4M | 564M | 576.9M | 727.1M | 652M | 672.8M | 595.2M |
| Revenue Growth % | 5.93% | -6.48% | 1.97% | 26.18% | 5.57% | - | - | - | - | -3.92% | -2.23% | 0.21% | -7.94% | -21.72% | -16.17% | -3.07% | -4.55% | -14.14% | -8.6% | -16.63% |
| Medical Costs & Claims | 484.8M | 469.1M | 551M | 568.9M | 565.9M | 525.8M | 477.4M | 498.4M | 524.8M | 421.9M | 400M | 615.2M | 532.1M | 396.3M | 401M | 629.3M | 881.6M | 442.4M | 441.9M | 528.4M |
| Medical Cost Ratio % | 59.01% | 65.68% | 71.99% | 62.69% | 72.97% | 68.85% | 63.6% | 69.3% | 71.44% | 86.03% | 72.54% | 106.42% | 79.49% | 77.64% | 71.1% | 109.08% | 121.25% | 67.85% | 65.68% | 88.78% |
| Gross Profit | 336.7M | 245.1M | 214.4M | 338.6M | 209.6M | 237.9M | 273.2M | 220.8M | 209.8M | 68.5M | 151.4M | -37.1M | 137.3M | 114.1M | 163M | -52.4M | -154.5M | 209.6M | 230.9M | 66.8M |
| Gross Margin % | 40.99% | 34.32% | 28.01% | 37.31% | 27.03% | 31.15% | 36.4% | 30.7% | 28.56% | 13.97% | 27.46% | -6.42% | 20.51% | 22.36% | 28.9% | -9.08% | -21.25% | 32.15% | 34.32% | 11.22% |
| Gross Profit Growth % | 60.64% | 3.03% | -21.52% | 53.35% | -0.1% | - | - | - | - | -39.96% | -7.12% | 29.2% | 188.87% | -45.56% | -29.41% | -178.44% | -163.92% | 10.03% | -7.08% | -74.47% |
| Operating Expenses | 180.9M | 187M | 167.3M | 144.1M | 146.5M | 157.8M | 146.8M | 164.9M | 118.3M | 118.8M | 145.2M | 106.5M | 167.9M | 130.3M | 128.6M | 142.7M | 108.5M | 132.6M | 131.6M | 140.9M |
| OpEx / Revenue % | 22.02% | 26.18% | 21.86% | 15.88% | 18.89% | 20.66% | 19.56% | 22.93% | 16.1% | 24.23% | 26.33% | 18.42% | 25.08% | 25.53% | 22.8% | 24.74% | 14.92% | 20.34% | 19.56% | 23.67% |
| Depreciation & Amortization | 2.8M | 4.1M | 8.7M | 2M | 1.4M | 3M | 2.5M | 3M | 4M | 12M | 12.2M | 11.4M | 9M | 12.4M | 10.6M | 22.5M | 12.3M | 16.4M | 11M | 15.9M |
| Combined Ratio % | 81.03% | 91.87% | 93.85% | 78.57% | 91.86% | 89.51% | 83.16% | 92.23% | 87.54% | 110.26% | 98.88% | 124.84% | 104.57% | 103.17% | 93.9% | 133.82% | 136.17% | 88.19% | 85.24% | 112.45% |
| Operating Income | 155.8M | 58.1M | 47.1M | 194.5M | 63.1M | 80.1M | 126.4M | 55.9M | 91.5M | -50.3M | 6.2M | -143.6M | -30.6M | -16.2M | 34.4M | -195.1M | -263M | 77M | 99.3M | -74.1M |
| Operating Margin % | 18.97% | 8.13% | 6.15% | 21.43% | 8.14% | 10.49% | 16.84% | 7.77% | 12.46% | -10.26% | 1.12% | -24.84% | -4.57% | -3.17% | 6.1% | -33.82% | -36.17% | 11.81% | 14.76% | -12.45% |
| Operating Income Growth % | 146.91% | -27.47% | -62.74% | 247.94% | -31.04% | - | - | - | - | -210.49% | -81.98% | 26.4% | 88.37% | -121.04% | -65.36% | -163.29% | -361.69% | 16.31% | -15.06% | -160.15% |
| EBITDA | 158.6M | 62.2M | 55.8M | 196.5M | 64.5M | 83.1M | 128.9M | 58.9M | 95.5M | -38.3M | 18.4M | -132.2M | -21.6M | -3.8M | 45M | -172.6M | -250.7M | 93.4M | 110.3M | -58.2M |
| EBITDA Margin % | 19.31% | 8.71% | 7.29% | 21.65% | 8.32% | 10.88% | 17.17% | 8.19% | 13% | -7.81% | 3.34% | -22.87% | -3.23% | -0.74% | 7.98% | -29.92% | -34.48% | 14.33% | 16.39% | -9.78% |
| Interest Expense | 9.1M | 8.9M | 9.1M | 11.1M | 20.9M | 14M | 16.1M | 14.1M | 0 | 5.5M | 5.5M | 5.5M | 5.4M | 7.6M | 7.4M | 7.3M | 7.4M | 7.4M | 7.4M | 7.4M |
| Non-Operating Income | -9.1M | -8.9M | -9.1M | -11.1M | -20.9M | -14M | -16.1M | -14.2M | 0 | -5.5M | -5.5M | -5.5M | -5.4M | -7.6M | -7.4M | -7.3M | -7.4M | -7.4M | -7.4M | -7.4M |
| Pretax Income | 155.8M | 58.1M | 47.1M | 194.5M | 63.1M | 80.1M | 126.4M | 56M | 91.5M | -50.3M | 6.2M | -143.6M | -30.6M | -16.2M | 34.4M | -195.1M | -263M | 77M | 99.3M | -74.1M |
| Pretax Margin % | 18.97% | 8.13% | 6.15% | 21.43% | 8.14% | 10.49% | 16.84% | 7.79% | 12.46% | -10.26% | 1.12% | -24.84% | -4.57% | -3.17% | 6.1% | -33.82% | -36.17% | 11.81% | 14.76% | -12.45% |
| Income Tax | 33.8M | 11.6M | 10.3M | -54.1M | 6.4M | 11.1M | 14.6M | -173.5M | 5.2M | -2.4M | -4.4M | 3.2M | -15.5M | -1.5M | 3.6M | -10.2M | -9.2M | 1.2M | 2.8M | -2.6M |
| Effective Tax Rate % | 21.69% | 19.97% | 21.87% | -27.81% | 10.14% | 13.86% | 11.55% | -309.82% | 5.68% | 4.77% | -70.97% | -2.23% | 50.65% | 9.26% | 10.47% | 5.23% | 3.5% | 1.56% | 2.82% | 3.51% |
| Net Income | 122M | 46.5M | 36.8M | 248.6M | 56.7M | 69M | 111.8M | 229.5M | 86.3M | -46.9M | 10.8M | -147.6M | -15M | -14.8M | 30.6M | -185.4M | -254.4M | 75.7M | 96.4M | -71.6M |
| Net Margin % | 14.85% | 6.51% | 4.81% | 27.39% | 7.31% | 9.03% | 14.89% | 31.91% | 11.75% | -9.56% | 1.96% | -25.53% | -2.24% | -2.9% | 5.43% | -32.14% | -34.99% | 11.61% | 14.33% | -12.03% |
| Net Income Growth % | 115.17% | -32.61% | -67.08% | 8.32% | -34.3% | - | - | - | - | -216.89% | -64.71% | 20.39% | 94.1% | -119.55% | -68.26% | -158.94% | -365.55% | 17.36% | -15.88% | -160.73% |
| EPS (Diluted) | 1.21 | 0.39 | 0.33 | 3.89 | 0.71 | 0.92 | 1.63 | 3.82 | 1.44 | -0.78 | 0.18 | -2.46 | -0.38 | -0.38 | 0.38 | -3.25 | -4.48 | 1.07 | 1.36 | -1.41 |
| EPS Growth % | 70.42% | -57.61% | -79.75% | 1.83% | -50.69% | - | - | - | - | -105.26% | -52.63% | 24.31% | 91.52% | -135.51% | -72.06% | -130.5% | -420% | 20.22% | -19.05% | -180.57% |
| EPS (Basic) | 1.21 | 0.39 | 0.33 | 3.89 | 0.71 | 0.92 | 1.63 | 3.82 | 1.44 | -0.78 | 0.18 | -2.47 | -0.38 | -0.38 | 0.39 | -3.25 | -4.48 | 1.09 | 1.39 | -1.41 |
| Diluted Shares Outstanding | 92.03M | 91.04M | 60.4M | 60.4M | 60.4M | 60.4M | 60.4M | 60.03M | 60.03M | 60.03M | 60.03M | 60.03M | 60.41M | 59.67M | 60.51M | 59.43M | 59.76M | 61.02M | 61.2M | 61.2M |