AMERISAFE, Inc.

AMSFNASDAQFinancial Services● Active

$31.49

$-0.21(-0.66%)

Market Cap$588982662

P/E Ratio—

52W High$47.86

52W Low$29.42

Avg Volume221K

Open$31.50

Beta0.28

Free Cash Flow Financials Revenue

AMERISAFE, Inc. (AMSF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AMSF · free cash flow · updated Jun 9, 2026

Core FCF metrics

AMSF · FCF · TTM · margin & CAGR

Free cash flow was $8.9M for FY2025 (fiscal year ending 2025-12-31), down 61.8% year-over-year The FCF margin was 2.8%. Five-year CAGR stands at -32.2%.

FY2025 Free Cash Flow$8.9M▼ -61.8% YoY

Trailing 12M (TTM)$8.0Mtrailing 4 quarters sum

FCF Margin2.8%$8.9M ÷ revenue

3-Year CAGR-30.1%FY2022 → FY2025

5-Year CAGR-32.2%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

AMSF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$11.1M(2M)$8.9M▼ 61.8%2.8%

FY2024$24.2M(1M)$23.4M▼ 20.3%7.5%

FY2023$29.8M(1M)$29.3M▲ +12.2%9.5%

FY2022$28.2M(2M)$26.1M▼ 28.8%8.9%

FY2021$38.0M(1M)$36.7M▼ 41.3%11.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

AMSF · P/FCF · FCF yield · FCF per share

AMERISAFE, Inc. (AMSF) trades at a FCF yield of 1.36% and a price-to-free-cash-flow ratio of 75.0x. FCF per share stands at $0.42, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

1.36%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.42

TTM FCF ÷ Shares Outstanding

Price / FCF

x75.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x69.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

AMSF · cash flow statement · operating / investing / financing

For FY2025, AMERISAFE, Inc. generated $11.1M in operating cash flow and spent 2M in capital expenditures, yielding $8.9M in free cash flow.

Operating Activities

+$11.1M

Cash from core business operations

2025-12-31

Investing Activities

+$68.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$61.6M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($11.1M) − |CapEx| (2M) = FCF ($8.9M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

AMSF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

AMERISAFE, Inc.YOU

AMSF

$8.9M-61.8%2.8%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

AMERISAFE, Inc. (AMSF) reported free cash flow of $8.9M for FY2025 (fiscal year ending 2025-12-31), down 61.8% year-over-year. The FCF margin was 2.8%.

Based on available data, AMERISAFE, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $139.5M in FY2014. The 5-year CAGR stands at -32.2%.

AMERISAFE, Inc.'s FCF yield is 1.36% and price-to-FCF ratio is 75.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

AMSF free cash flow · 8 questions

AMERISAFE, Inc. free cash flow was $8.9M for FY2025, down 61.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $8.0M.

AMSF free cash flowAMSF FCFAMSF FCF 2025AMSF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · AMERISAFE, Inc. · AMERISAFE, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026