Source: Employers Holdings, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$779.80M
$801.40M
$800.40M
$835.90M
$711.40M
$703.10M
$713.50M
$850.90M
$880.70M
$858.70M
Interest expense
$1.60M
$1.40M
$1.50M
$600.00K
$400.00K
$500.00K
$3.50M
$5.80M
—
—
Pre-tax income
$140.70M
$144.00M
$169.50M
$193.80M
$147.70M
$147.00M
$55.80M
$148.40M
$146.70M
$12.00M
Income tax
$34.00M
$42.80M
$28.20M
$36.70M
$27.90M
$27.70M
$7.40M
$30.30M
$28.10M
$1.20M
Net income
$106.70M
$101.20M
$141.30M
$157.10M
$119.80M
$119.30M
$48.40M
$118.10M
$118.60M
$10.80M
EPS (basic)
$3.29
$3.11
$4.30
$4.89
$4.01
$4.22
$1.76
$4.48
$4.73
$0.46
EPS (diluted)
$3.24
$3.06
$4.24
$4.83
$3.97
$4.17
$1.75
$4.45
$4.71
$0.46
Diluted shares
32.98M
33.06M
33.31M
32.54M
30.20M
28.60M
27.68M
26.52M
25.19M
23.53M
Net margin
13.7%
12.6%
17.7%
18.8%
16.8%
17.0%
6.8%
13.9%
13.5%
1.3%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$67.20M
$73.30M
$101.40M
$154.90M
$160.40M
$75.10M
$89.20M
$226.40M
$68.30M
$159.80M
Short-term investments
$16.00M
$4.00M
$25.00M
$0
$26.60M
$10.50M
$119.10M
$33.10M
$100.00K
$10.10M
Goodwill
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
Total assets
$3.77B
$3.84B
$3.92B
$4.00B
$3.92B
$3.78B
$3.72B
$3.55B
$3.54B
$3.44B
Short-term debt
—
—
—
—
—
—
—
—
$0
$16.00M
Long-term debt
—
—
—
—
—
—
—
—
$0
$19.00M
Total debt
—
—
—
—
—
—
—
—
$0
$35.00M
Total liabilities
$2.93B
$2.89B
$2.90B
$2.84B
$2.71B
$2.57B
$2.77B
$2.54B
$2.47B
$2.48B
Shareholders' equity
$840.60M
$947.70M
$1.02B
$1.17B
$1.21B
$1.21B
$944.20M
$1.01B
$1.07B
$955.70M
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$122.80M
$142.30M
$180.20M
$122.50M
$33.00M
$10.80M
$99.80M
$49.40M
$76.40M
$44.70M
Capital expenditures
$700.00K
$400.00K
$300.00K
$700.00K
$100.00K
$300.00K
$100.00K
$0
$100.00K
$100.00K
Free cash flow
$122.10M
$141.90M
$179.90M
$121.80M
$32.90M
$10.50M
$99.70M
$49.40M
$76.30M
$44.60M
Investing cash flow
-$87.50M
-$112.80M
-$119.60M
$49.20M
$84.30M
-$1.70M
-$146.10M
$377.30M
-$159.70M
$225.90M
Financing cash flow
-$23.60M
-$26.00M
-$32.90M
-$118.50M
-$111.90M
-$94.40M
$60.40M
-$289.50M
-$74.80M
-$179.10M
Dividends paid
$11.50M
$19.70M
$26.70M
$28.30M
$30.50M
$29.00M
$90.30M
$29.70M
$30.30M
$29.90M
Share buybacks
$21.10M
$0
$4.20M
$67.50M
$99.40M
$42.60M
$30.40M
$76.10M
$42.60M
$182.80M
Stock-based compensation
$5.80M
$6.80M
$9.40M
$10.10M
$9.70M
$9.10M
$5.10M
$6.20M
$6.30M
$5.00M
Depreciation & amortization
$8.50M
$8.20M
$6.30M
$9.00M
$8.20M
$7.40M
$21.70M
$21.50M
$16.70M
$14.20M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$225.70M
$223.10M
$217.00M
$224.00M
$216.60M
$202.60M
$246.30M
$239.30M
$170.50M
$207.60M
$220.20M
$189.30M
Interest expense
$600.00K
$0
—
—
—
—
—
—
—
—
—
—
Pre-tax income
—
$35.30M
$40.00M
$36.70M
—
$15.90M
$37.00M
-$11.20M
—
$12.80M
$34.70M
$14.50M
Income tax
$12.50M
$7.00M
$8.30M
$6.40M
$6.30M
$3.10M
$7.30M
-$2.90M
-$6.20M
$2.60M
$5.60M
$2.90M
Net income
$45.60M
$28.30M
$31.70M
$30.30M
$28.30M
$12.80M
$29.70M
-$8.30M
-$23.40M
$10.20M
$29.10M
$11.60M
EPS (basic)
$1.76
$1.12
$1.25
$1.22
$1.14
$0.52
$1.24
$-0.36
$-0.97
$0.53
$1.60
$0.65
EPS (diluted)
$1.74
$1.11
$1.25
$1.21
$1.14
$0.52
$1.23
$-0.36
$-0.96
$0.52
$1.59
$0.64
Diluted shares
-243.41K
25.54M
25.36M
24.98M
-98.21K
24.61M
24.14M
23.35M
-501.25K
19.51M
18.29M
18.06M
Net margin
20.2%
12.7%
14.6%
13.5%
13.1%
6.3%
12.1%
-3.5%
-13.7%
4.9%
13.2%
6.1%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$226.40M
$114.20M
$95.50M
$143.30M
$68.30M
$100.40M
$69.10M
$166.80M
$159.80M
$153.10M
$113.30M
$75.70M
Short-term investments
$33.10M
$38.20M
$30.90M
$30.60M
$100.00K
$0
$9.00M
$5.60M
$10.10M
$14.60M
$21.70M
$13.20M
Goodwill
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
$36.20M
Total assets
$3.55B
$3.56B
$3.55B
$3.62B
$3.54B
$3.56B
$3.54B
$3.53B
$3.44B
$3.44B
$3.38B
$3.25B
Short-term debt
—
—
—
—
$0
—
—
—
$16.00M
$0
$0
$0
Long-term debt
—
—
—
—
$0
—
—
—
$19.00M
$125.00M
$125.00M
$125.00M
Total debt
—
—
—
—
$0
—
—
—
$35.00M
$125.00M
$125.00M
$125.00M
Total liabilities
$2.54B
$2.54B
$2.53B
$2.52B
$2.47B
$2.48B
$2.46B
$2.49B
$2.48B
$2.57B
$2.52B
$2.47B
Shareholders' equity
$1.01B
$1.02B
$1.02B
$1.09B
$1.07B
$1.08B
$1.08B
$1.04B
$955.70M
$866.50M
$858.80M
$785.60M
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$27.60M
$600.00K
$11.70M
$51.00M
$13.10M
$14.60M
$0
$29.40M
$700.00K
$2.20M
-$10.30M
-$11.40M
Free cash flow
$27.60M
$600.00K
$11.70M
$51.00M
$13.10M
$14.60M
$0
$29.40M
$700.00K
$2.20M
-$10.30M
-$11.40M
Investing cash flow
$152.30M
-$97.70M
-$3.90M
$11.90M
-$70.00M
$46.10M
$100.00K
$121.20M
$58.50M
-$12.30M
$7.10M
-$3.00M
Financing cash flow
-$62.30M
-$15.10M
-$26.50M
-$15.10M
-$18.10M
-$28.60M
-$31.40M
-$52.90M
-$66.20M
$3.40M
-$36.60M
-$23.20M
Dividends paid
$7.20M
$7.80M
$7.60M
$7.40M
$7.50M
$7.50M
$7.90M
$7.40M
$7.10M
$6.30M
$6.30M
$6.20M
Share buybacks
$14.60M
$5.60M
$18.80M
$7.60M
$10.60M
$19.80M
$23.50M
$45.40M
$94.10M
$79.30M
$30.20M
$16.90M
Stock-based compensation
$1.70M
$1.50M
$1.30M
$1.70M
$1.80M
$1.20M
$1.60M
$1.10M
$1.10M
$1.60M
$1.00M
$1.70M
Depreciation & amortization
$17.80M
$3.80M
$5.40M
$3.90M
$3.60M
$3.40M
$3.30M
$3.70M
$3.80M
$3.00M
$3.30M
$3.50M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.